ETX Capital Daily Market Bite 3rd June 2014: 3rd Straight Session Record for S&P 500

European markets have opened mostly lower today, as market participants cautiously await today’s Eurozone consumer price inflation data ahead of the crucial European Central Bank (ECB) policy meeting due later in the week. Closer home, data from Nationwide indicated that UK house prices, on an annual basis, rose at their fastest pace in nearly seven […]

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ETX Capital Daily Market Bite 2nd May 2014 – Nikkei Up, This week’s ECB Statement

European markets have opened in the green today, mirroring gains in Asian markets, as upbeat Chinese manufacturing data released over the weekend boosted investors’ sentiment. Closer home, investors will keep a close eye on the Markit manufacturing PMI data which is expected to show a deterioration in May. Additionally, UK mortgage approvals, consumer credit and […]

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ETX Capital Daily Market Bite 30th May: The Week Sees Gold Take a Tumble

European markets have opened lower today, as investors opted to remain on the sidelines ahead of US economic data due later in the day and the European Central Bank policy meeting next week. Closer home, data showed that the GfK consumer sentiment index rose to its highest level in more than nine years in May. […]

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ETX Capital Daily Market Bite 29 05 14: US GDP and Pending Home Sales out this Afternoon

European markets have opened mostly flat today, with key regional indices hovering near multi-year highs, amid rising hopes of additional stimulus measures from the European Central Bank. Closer home, investors will keep a tab on Lloyds business barometer and Gfk consumer confidence data. Moreover, a slew of US macro reports, including a second estimate of […]

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ETX Capital Daily Market Bite 28th May: S&P 500 and DAX reach new highs in Tuesday’s session

European markets have opened mostly lower today, paring some of their yesterday’s gains. Later today, investors will keep a close tab on a raft of economic releases across Europe, including German unemployment and Eurozone sentiment indices, to gauge the strength of the region’s economy. Closer home, CBI distributive trades survey data will attract market attention. […]

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The Week Ahead: 26th – 30th May

Related Posts:What to expect for the dollar next week? April 7, 2024 The dollar missed plenty of opportunities to strengthen against the…What to expect for the pound next week? April 7, 2024 The pound remains within the horizontal part of the trend,…What to expect for the euro next week? April 7, 2024 We just saw […]

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ETX Capital Daily Market Bite 27th May 2014: Pfizer Withdraws from AstraZeneca Bid

European markets have opened mostly lower today, as traders take a breather following Monday’s rally. Traders continue to mull over the outcome of EU elections that took place over the weekend. Later today, US durable goods orders and regional manufacturing activity data will attract market attention. Closer home, traders will keep an eye on the […]

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ETX Capital Daily Market Bite, 23rd May 2014: European Elections

European markets have opened mostly lower today, as traders opted to remain on the sidelines ahead of the European parliament election outcome over the weekend. Additionally, the presidential election in Ukraine on Sunday will attract market attention. With no major domestic macro data today, market participants will eye German Ifo sentiment and US new home […]

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ETX Capital Daily Market Bite 22nd May 2014: China PMI Numbers at a 5 month high

European markets have opened higher today, after the minutes of the US Federal Reserve’s latest policy meeting indicated no significant change in monetary policy and following better-than-expected Chinese manufacturing data. Later, manufacturing and services PMI data in the Eurozone will be closely eyed. Closer home, traders await second GDP estimate which is expected to show […]

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ETX Capital Daily Market Bite 21st May 2014: Vodafone and M&S Numbers Hit the FTSE

European markets have opened lower today, tracking overnight losses on Wall Street. Later, traders will turn their attention to the minutes of the US Federal Reserve and the Bank of England’s latest policy meetings for hints on their future policy stance. Additionally, speeches from the Fed’s Janet Yellen and several other officials will sway market […]

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ETX Capital Daily Market Bite, May 20th 2014: M&S Earnings, US Fed Speakers

European markets have opened mostly lower today, as traders await speeches from several ECB policymakers due later in the day to get hints on possible policy actions from the ECB. Additionally, investors look forward to the upcoming European parliamentary elections due later this week. Closer home, investors await data which is expected to show that […]

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The Week Ahead 19/05/2014

Related Posts:EUR/USD: ECB may get ahead of the Fed April 7, 2024 From the European Central Bank, signals of a dovish nature…Week Ahead – ECB decision and US inflation to fuel FX… April 7, 2024 Central bank decisions in Eurozone, Canada, and New Zealand Highlight…Market Comment – Fed hawks spook markets ahead of NFP April […]

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ETX Daily Market Bite, 15th May 2014: Euro-Zone & US Numbers Due Today

European markets have opened in the red today, tracking yesterday’s losses on Wall Street. Traders await a raft of Eurozone and US macro releases especially Eurozone gross domestic product and US consumer prices data due later today for further direction. Additionally, the US Fed chief Janet Yellen’s speech will hold market interest. Closer home, investors […]

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ETX Daily Market Bite, 14th May 2014: New Record High for S&P 500, UK Macroeconomic Numbers

European markets have opened mixed today, after major regional indices registered multi-year high in the previous session. Closer home, investors will keep a close eye on jobs data along with the Bank of England’s quarterly inflation report. Additionally, Eurozone industrial production data will be in focus which is expected to show a monthly drop in […]

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ETX Daily Market Bite, 13th May 2014: Dow Hits All-Time High, Pfizer CEO in UK

European markets have opened higher today, tracking yesterday’s record closing high on Wall Street. Closer home, the British Retail Consortium indicated that retail sales in the UK rebounded in April. Later today, traders will focus on German and Eurozone ZEW economic sentiment reports for further direction. Across the Atlantic, US retail sales data will also […]

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ETX Daily Market Bite, 12th May 2014: Markets Track Friday’s Gains on Wall Street

European markets have opened mostly in the green today, mirroring Friday’s gains on Wall Street. Against the backdrop of the referendum held in two regions of eastern Ukraine indicating that most people voted in favour of independence, investors will focus on further news flows emanating from Ukraine for further direction. Closer home, investors will keep […]

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ETX Daily Market Bite, 9th May 2014: Breakup of Publicis-Omicom Merger

European markets have opened in the red today, as investors continue to remain cautious after Pro-Russian activists in eastern Ukraine indicated that they would ignore Vladimir Putin’s appeal to postpone Sunday’s independence referendum vote. Going forward, traders will track a batch of key corporate results for further cues. Closer home, investors will keep an eye […]

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ETX Daily Market Bite, 8th May 2014: Markets Higher on Chinese Trade Data.

European markets have opened in the green today, following robust Chinese trade data and dovish comments from the US Federal Reserve Chief, Janet Yellen. Additionally, easing tensions in Ukraine supported risk sentiment. Closer home, Halifax reported that house prices in the UK dropped unexpectedly by 0.2% MoM in April, compared to a revised 1.2% fall […]

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ETX Daily Market Bite, 7th May 2014: Markets Lower Amid Escalating Ukrainian Crisis

European markets have opened in the red today, as news from Ukraine painted a bleak picture of the country’s ongoing conflict with Russia and raised the prospects of a full-scale war between the two nations. Earlier, the British Retail Consortium reported that overall shop prices in the UK dropped 1.4% YoY in April, marking the […]

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ETX Daily Market Bite, 6th May 2014: Good US and UK Services PMI numbers

European markets have opened in the green today, mirroring overnight gains on Wall Street following upbeat US ISM services sector data. Closer home, market participants will keep an eye on services PMI data which is expected to show an improvement in April. Meanwhile, services PMI data from other European nations and Eurozone retail sales data […]

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ETX Daily Market Bite, 2nd May 2014: Markets Await US Unemployment & Nonfarm Payrolls Data

European markets have opened mostly in the red today. Market participants eagerly await today’s US non-farm payrolls data which is expected to show a pickup in hiring in April. Closer home, traders will eye construction activity data which is forecast to show a drop in April. Related Posts:US CPI data unlikely to ease sticky inflation […]

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ETX Daily Market Bite, 1st May 2014: Enthusiasm after the fed announcement.

Yesterday after the fed announcement, Wall Street closed at a new highest level. Today, Euronext will be closed, only the FTSE will be open, but we will continue to quote most of the major European indices. The FTSE should open slightly higher today following the enthusiasm of the fed announcement, and the new all time […]

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ETX Daily Market Bite, 30th April 2014: Markets Mostly Lower Ahead of US FOMC Outcome

European markets have opened mostly in the red as investors adopted a cautious stance ahead of the US Federal Reserve’s monetary policy outcome later today. Additionally, a slew of macroeconomic releases across the Eurozone and the US will keep investors interested. With no domestic macro releases, traders will eye Eurozone CPI and US GDP data […]

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ETX Capital Daily Market Bite, 25th April 2014: Ukraine Tensions, Earnings Season

European markets have opened in the red amid concerns about escalating tensions in Ukraine after reports indicated that Ukrainian troops killed several pro-Russian rebels. Any developments on this front is likely to sway market sentiment. Closer home, market participants will track the domestic retail sales data which is anticipated to show a monthly decline in […]

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ETX Capital Daily Market Bite, 23rd April 2014: European Markets Lower After Yesterday’s Gains

European markets have opened mostly in the red today, as investors took a breather following yesterday’s gains. Meanwhile, Chinese data released earlier indicated that manufacturing activity in the world’s second largest economy continued to shrink, albeit at a slower pace in April. Closer home, traders will keep a tab on the domestic public sector net […]

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ETX Capital Daily Market Bite, 22nd April 2014: European Markets Higher; Pharma M&A In Spotlight

European markets have opened in the green today, resuming trade after an extended holiday period and taking positive cues from Wall Street. Pharmaceutical sector stocks will remain in focus today amid M&A activity news. With no domestic macro releases today, investors will eye Eurozone consumer confidence data which is expected to show that the index […]

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ETX Capital Daily Market Bite, 17th April 2014: European Markets Pause; Ukraine Talks Eyed

European markets have opened mostly flat today, following the previous session’s sharp gains. Investors are set to pay a close attention to the meeting of senior diplomats from the European Union (EU), the US, Ukraine and Russia in Geneva due later today. With no release of major domestic economic data during the day, market participants […]

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