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Volatility drops across the board after the Fed meeting – Volatility Watch

Posted on September 24, 2024 at 10:47 am GMT

Euro/dollar volatility remains low as dollar underperforms Volatility in commodities stays elevated, led by gold Stock indices experience decent volatility despite the rally Euro/dollar volatility has eased a bit over the past week, as the market digested the strong Fed rate cut. Similarly, volatility of most yen crosses has dropped aggressively lower, as the yen surrendered part of its recent sizeable gains, despite the fact that the BoJ maintained the chances of another rate hike in 2024. Volatility in the commodities’ space remains elevated [..]

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Technical Analysis – US 100 index in anticipation mode ahead of the Fed

Posted on September 18, 2024 at 7:51 am GMT

US 100 index trades sideways ahead of the Fed meeting It battles with the July 11, 2024 descending trendline Momentum indicators are tentatively bullish The US 100 cash index is moving sideways today, continuing its low volatility sessions, as market participants are staying on the sidelines ahead of the crucial Fed meeting. The first Fed rate cut since March 2020 will most likely be announced later today with speculation being rife about a 50bps rate cut, with arguable impact on [..]

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Volatility eases a bit ahead of the key Fed meeting – Volatility Watch

Posted on September 17, 2024 at 10:51 am GMT

Euro/dollar volatility remains low as dollar weakness lingers Volatility in commodities stays elevated led by silver Stock indices and bitcoin experience lower volatility Euro/dollar volatility remains low as the market is preparing for the key Fed meeting on Wednesday that could deliver a previously unexpected 50bps rate cut. Amidst these conditions, yen pairs are experiencing the highest volatility of the past month as the yen continues to outperform its main counterparties on the back of divergent monetary policy. Volatility in gold has increased somewhat, partly [..]

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Daily Comment – Slow start to the week ahead of the Fed meeting 

Posted on September 16, 2024 at 8:15 am GMT

Mixed movements in FX but the yen remains on the front foot Stocks recorded their best weekly performance of 2024 Another assassination attempt against Trump Bitcoin suffers while gold reaches a new all-time high Stocks are in anticipation mode A very important week has commenced with the US equity markets digesting last week’s impressive performance. Both the S&P 500 and Nasdaq 100 indices recorded their best weekly performance since November 2023. One of the main reasons for this improved performance [..]

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Daily Comment – Equities are directionless ahead of US inflation report

Posted on September 11, 2024 at 8:23 am GMT

Mixed movements in equities as markets prepare for CPI Strong possibility for a downside surprise in inflation  US presidential debate dominates headlines Bitcoin suffers while gold and yen rally Stocks are in anticipation mode US equity indices were mixed yesterday with the Nasdaq 100 index recording another green day and the Dow Jones mimicking the European stock indices’ negative performance. Market participants are most likely preparing for a period that includes key market events, like next week’s Fed meeting, starting today with [..]

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Equities volatility jumps as sentiment turns negative – Volatility Watch

Posted on September 10, 2024 at 10:41 am GMT

Euro/dollar volatility remains low as market digests US data prints Volatility in commodities remains low apart from oil Stock indices and bitcoin experience much higher volatility Volatility in the main FX pairs, including euro/dollar, has eased in the past few days as the market is digesting last week’s US labour market data and preparing for Wednesday’s CPI report, which could play a role in determining the size of the imminent Fed rate cut. On the other hand, yen pairs are experiencing higher volatility [..]

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Daily Comment – Equities rebound but face danger from US presidential debate  

Posted on September 10, 2024 at 8:19 am GMT

Equities turn positive, but sentiment is fragile US presidential debate today could prove market moving UK labour market data supports the pound Bitcoin gains as risk sentiment improves, gold is range-bound Stocks breathe better US equity markets recorded gains in yesterday’s session, with the Nasdaq 100 index leading the rally, and euro/dollar dropped close to 1.1030 despite the fact that most participants remain uncertain about next week’s Fed rate cut size and confused about the medium-term outlook of the global economy. [..]

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Daily Comment – Investors lock gaze on NFP data

Posted on September 6, 2024 at 8:35 am GMT

Dollar slides as data offer little respite to concerned investors NFP to accelerate somewhat, but PMI surveys pose downside risks S&P 500 and Dow Jones end in red ahead of the job numbers Gold rebounds, approaches record high; oil stabilizes Data fail to alleviate investors’ worries The dollar traded lower against all of its major counterparts on Thursday as the boost received by the better-than-expected initial jobless claims and the improving ISM non-manufacturing PMI faded. The reason why traders were [..]

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Daily Comment – Equities weakness lingers as focus remains on US data

Posted on September 5, 2024 at 7:39 am GMT

Equities remain on the back foot as key US data on the menu today ADP, jobless claims and ISM Services could prove market moving Dollar’s mixed performance continues, yen benefits OPEC+ production rumours fail to push oil prices higher US data releases in the spotlight Equity markets continue to exhibit a rather unexpected fragility as second tier data like Wednesday’s JOLTs job openings resulted in another negative session in most stock indices around the globe. This market behaviour is a [..]

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Daily Comment – Wall Street tumbles amid September blues

Posted on September 4, 2024 at 8:36 am GMT

Yen and franc gain, aussie the main loser Wall Street tumbles on risk-off September start ISM mfg. PMI rekindles economic concerns Oil collapses on prospect of Libyan accord Risk aversion prevails The US dollar outperformed most of its major counterparts on Tuesday, losing ground only versus the traditional safe havens such as the yen and the franc. The biggest loser was the commodity-linked aussie. The strengthening of the safe havens and the weakening of the risk-linked currencies suggests that risk [..]

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