September 19th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist. Risk assets rally across global financial markets as liquidity junkie investors revel on the prospects of easy Federal Reserve cash sticking around longer than anticipated. Equities on the fly [US stocks recorded new highs, Asian markets celebrated too given that region is one of […]
September 18th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist. European markets have opened higher today, ahead of the outcome of the US Federal Reserve’s monetary policy meeting, due later in the day, wherein investors speculate that the central bank would reduce its asset purchases by $5 -$10 billion and maintain its ultra-low interest […]
September 17th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist. European markets have opened slightly lower today, as investors turned cautious ahead of a two-day US Federal Reserve policy meeting, which is expected to signal the start of a scaling back of its stimulus measures. Closer home, investors are expected to keep a close […]
September 12th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist. So the Fed taper fears driving the dull price-action in European financial markets Friday; stocks range bound on the soft side, US dollar winning versus rivals, core government bonds in favour, commodities get a beat down, particularly gold which is off around 19 bucks. […]
September 12th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist. European markets have opened slightly higher today, as investors awaited the outcome of diplomatic talks between the Foreign Ministers of Russia and the US, over the measures to eliminate Syria’s chemical stockpiles. Investors also eyed US reports on jobless claims and monthly budget along […]
September 11th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist. European markets have opened mostly lower today, as investors opted to book profits, following a rally in the previous session. Investors also avoided taking fresh bets as some dismal European macroeconomic data overshadowed optimism surrounding the US Government’s decision to delay Congressional vote to […]
September 10th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist. Risk sentiment kicked up overnight on a number of developments across the globe, propelling equities this Tuesday morning. US stocks finished higher Monday — fears over a strike by the US on Syria receded a fair bit in the past 24 hours as President […]
September 9th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist. Equities trade broadly flat Monday, with Syria and tapering concerns being balanced off by the overnight gains in Asian markets after data from China and Japan enthused the market over the outlook for both economies. Data out of China indicated that inflation remained subdued […]
September 6th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist. European markets have opened slightly higher this morning, as investors opted to remain on the sidelines ahead of the US Labour Department’s much-anticipated monthly employment report, which could determine when the US Federal Reserve starts tapering its bond-buying programme. Meanwhile, Halifax reported that UK […]
September 5th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist. European markets have opened higher today, ahead of the interest rate decisions from the ECB and the BoE, due later in the day. Investors speculated that central banks might reinforce their forward guidance on their policy amid signs that US Fed might start unwinding […]
September 4th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist. European markets have opened slightly higher today, encouraged by an improvement in China’s service sector activity. However, persisting Syrian tensions kept investors on tenterhooks. Investors also eyed monetary policy decisions from central banks across Japan, Eurozone and UK, due tomorrow. Closer home, investors awaited […]
September 3rd, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist. So, European stock markets are still riding the optimistic wave painted by Monday’s sentiment-pleasing PMIs from China, the UK and euro zone, all of which pointed to resurging strength in the global economy. US markets were closed for Labour day on Monday but the […]
September 2, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist. European markets have opened higher today, as data from Asia revealed an improvement in Chinese manufacturing activities and an increase in Japan’s industrial investments. US decision to consult US Congress before taking any decision about military intervention on Syria further calmed investors’ concern. Closer […]
August 30, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist. Visit http://www.etxcapital.co.uk/ Find us on social media to be kept up to date with the latest ETX Capital news: Facebook: https://www.facebook.com/#!/ETXCapitalGroup Twitter: https://twitter.com/#!/etxcapital LinkedIn: http://www.linkedin.com/company/445425?trk=tyah ETX Capital’s RSS site: http://my.etxcapital.co.uk/ Related Posts:US CPI data unlikely to ease sticky inflation worries, but… April 8, 2024 […]
August 29th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened higher today, amid bargain hunting as investors took advantage of the recent slide in the equities. However, investors remained concerned, as uncertainties grew over US military action against Syria, following reports that the US might face obstacles with its UK […]
August 28th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened lower today, tracking a selloff in the global equity markets as investors continued to mull over a possible US military action against Syria following reports that US Defence Secretary Chuck Hagel was in discussion with his UK and French counterparts. […]
August 27th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened lower today, as investors avoided riskier assets amid concerns over a possible US military intervention in Syria. However, losses were somewhat kept in check, as data showing an increase in China’s industrial profits fuelled optimism that the Chinese economy is […]
August 23, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened mostly lower today, despite yesterday’s data from China to Europe which signalled that the global economy was on a recovery path. Investors eyed the second-quarter GDP from the UK, consumer confidence from the Eurozone and new home sales in the […]
August 22nd, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist ETX Capital’s RSS site: http://my.etxcapital.co.uk Related Posts:Video market update for April 08, 2024 April 8, 2024 Potential for the breakout on the USD/JPY…. The material has…Market Comment – Stocks climb after sizzling US jobs report April 8, 2024 Nonfarm payrolls smash forecasts, reaffirming labor […]
August 21st, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Taper blues continue to curb enthusiasm to build risk across equity, commodity and forex markets Wednesday. US Treasury 10-year note still elevated at 2.82% but off two-year highs seen this week. FOMC meeting minutes to steal the show later with many in the market […]
August 20th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Big flight out of emerging markets continued overnight as investors appear convinced the Federal Reserve will initiate tapering at next month’s policy meeting. Asian markets have benefited hugely on easy Fed cash over the years but with a reduction in liquidity due to tapering […]
August 19th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European equities decline [FTSE100 off 24 points/EuroStoxx50 off 18 points] but gold nudges higher by 3 bucks and the US dollar is performing better than most currency rivals. Core government bonds are under pressure, triggering spikes for US, UK and German bond yields. A […]
August 16th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Taper fear selloff to ensue Friday — US stocks and bonds dropped Thursday on expectations the Federal Reserve will start the first round of unwinding asset purchases next month. Better jobless claims out of the US fuelled the taper expectations. S&P500 registered biggest one […]
August 15th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets opened slightly lower this morning, as investors observed caution amid persistent concerns over Fed’s timing of reducing its stimulus measures, even as data from Eurozone showed upbeat economic growth. Closer home, investors await data from UK which is expected to show that […]
August 14th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist German and French growth figures ahead of the European market enthuse investors Wednesday morning. Q2 GDP figures out of Germany were much stronger than anticipated by the market, in at 0.7% on the quarter versus expectations of 0.6%. France’s Q2 GDP figure comes in […]
August 13th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened higher this morning, as investors looked ahead to a slew of major economic data releasing today from the US and Eurozone to determine the health of the global economy. Closer home, investors await region’s inflation data, which is expected to […]
August 12th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Stocks posting slim gains here in Europe. A mixed session in Asia with Japan’s Nikkei dropping but Chinese stocks advancing give investors little firm direction in Europe. Japan’s GDP fell short of expectations for the 2Q, in at 2.6% on an annualised basis versus […]
August 9th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened higher this morning, as upbeat Chinese economic data reassured investors that China’s economic recovery is underway. However, gains were kept in check after the ECB lowered its Eurozone GDP forecast in its monthly bulletin. Closer home, investors await the release […]
August 7th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist Find us on social media to be kept up to date with the latest ETX Capital news: Facebook: https://www.facebook.com/#!/ETXCapita… Twitter: https://twitter.com/#!/etxcapital LinkedIn: http://www.linkedin.com/company/44542… ETX Capital’s RSS site: http://my.etxcapital.co.uk Related Posts:Behind the scenes of Wall Street’s rise: the impact of… April 8, 2024 At the […]
August 6th, 2013, Daily Market Bite from Ishaq Siddiqi Market Strategist European markets have opened mostly lower this morning, tracking losses on Wall Street and Asian markets, as remarks by Dallas Fed President Richard Fisher sparked concerns over an early scaling back of existing Fed stimulus measures. Closer home, the BRC reported that same store […]
