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US500

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Equities year ahead 2019: Grim outlook weighs on earnings but is the gloom justified?

Posted on January 3, 2019 at 12:22 pm GMT

After a year that saw the S&P 500’s bull run become the longest in history and then abruptly end, giving way to a steep correction, investors are increasingly nervous that 2019 may be an even more challenging period as the US economic cycle appears to be nearing its final stages. Global central banks are withdrawing stimulus at a time when growth is moderating to more normal levels and geopolitical risks linger. Hence, volatility is set to remain elevated, and while [..]

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European Open Preview – Dollar sags but equities stage comeback

Posted on December 28, 2018 at 8:53 am GMT

US equities stage a major comeback late in the session, close higher Dollar edges lower as Fed rate-hike expectations are almost fully priced out Yen shines, loonie and aussie flirt with lows amid broader risk-off mood US stocks stage an impressive late comeback, but skepticism lingers It was another session characterized by sharp moves in both the currency and equity markets on Thursday amid thinner-than-usual liquidity, and with little in the way of fresh news to drive the price action. [..]

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Technical Analysis – US 500 stock index rebounds sharply, but outlook still negative

Posted on December 27, 2018 at 11:10 am GMT

The US 500 stock index posted sizeable gains on Wednesday, after it touched its lowest level since April 2017. Notwithstanding the latest rebound, considering that the price structure on the daily chart consists of lower lows, and that the 50-day simple moving average (SMA) remains firmly below the 200-day one, the bigger picture is still negative. Short-term oscillators support the notion, as the RSI is pointing down and looks to be headed for a test of its oversold 30 level [..]

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European Open Preview – Equities roar back: fresh rally, or dead-cat bounce?

Posted on December 27, 2018 at 9:01 am GMT

US stock markets rebound by 5% as mood turns risk-on, and amid thin liquidity Dollar climbs while the defensive yen crumbles, but sentiment reversing again today US stock indices surge by 5%, but is the broader sell-off over? The latest bout of stock market volatility remained in full force on Wednesday. The major US indices posted outsized gains, with the likes of the S&P 500 and the Dow Jones both jumping by almost 5.0% to recover some of their latest [..]

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European Open Preview – Stock carnage deepens; yen extends gains

Posted on December 24, 2018 at 8:52 am GMT

US stock indices extend losses, Nasdaq enters bear market as concerns around future growth feed risk aversion Dollar and yen outperform on safe-haven demand, but are giving back some gains on Monday amid encouraging trade headlines Equities drop to fresh lows as uncertainty reigns US stock indices closed with sharp losses once again on Friday, in an environment characterized by thin liquidity, as investors attempted to protect their profitability heading into the New Year via liquidating more of their prior [..]

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European Open Preview – Stocks sink alongside dollar as market havoc continues

Posted on December 21, 2018 at 8:57 am GMT

US stocks extend plunge as investors remain jittery of a Fed policy error, US government shutdown, and US-China tensions Yen outperforms as uncertainty deepens, while dollar continues to bleed BoE remains on hold, points to intensifying Brexit uncertainties S&P 500 closes at September 2017 lows There was no reprieve for US stock markets, which extended their losses as the dust following the latest Fed meeting settled. The benchmark S&P 500 (-1.58%) closed at its lowest level since September 2017, with [..]

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European Open Preview – Fed unlikely to be as dovish as market pricing implies

Posted on December 19, 2018 at 8:42 am GMT

The spotlight today is on the Fed’s decision; markets seem positioned for an extremely “dovish hike”, which poses an upside risk for the dollar The BoJ will also meet, though that gathering may be less exciting Meanwhile, oil prices resumed their broader collapse Fed may strike a less dovish tone than investors anticipate The main event today will be the Fed’s policy decision at 1900 GMT, which will be followed by a press conference from Chair Powell. A quarter-point rate increase [..]

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European Open Preview – Dollar softer on bets volatility will stay Fed’s hand

Posted on December 18, 2018 at 8:45 am GMT

Risk sentiment in dire straits; US stocks close at fresh lows, yen shines Dollar drops as Fed rate-hike expectations fade even further Kiwi buoyant after New Zealand’s business sentiment recovers S&P 500 closes at 14-month low as fear dominates greed Risk sentiment remained sour to start the week, in the absence of any clear catalyst, other than a flurry of headlines suggesting a US government shutdown may be on the cards this holiday season. The benchmark S&P 500 index fell [..]

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European Open Preview – Euro softens as ECB ends QE, but turns cautious

Posted on December 14, 2018 at 8:38 am GMT

Euro ticks down as ECB ends QE, but downgrades balance of risks Aussie and kiwi fall sharply after key Chinese data disappoint EU refuses to renegotiate Brexit deal; sterling rallies may remain short-lived US retail sales data due out today Euro inches lower despite Draghi trying his best not to seem dovish The European Central Bank (ECB) officially announced the end of its crisis-era QE program yesterday, as expected. The Bank revised down its growth and inflation forecasts, though that [..]

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European Open Preview – Pound advances as May survives; ECB meeting eyed

Posted on December 13, 2018 at 8:27 am GMT

Sterling advances as PM May survives leadership contest, but sustained rally unlikely ECB meets today; Draghi’s tone will be crucial for the euro SNB meets as well, likely to maintain a dovish stance Meanwhile, reports China may open its economy boost risk sentiment Pound soars as May survives, but odds of a sustained rally slim Sterling surged on Wednesday, as it became increasingly clear throughout the session that PM May would survive the no-confidence motion, amid a plethora of Tory [..]

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