All Articles Tagged - US500cash

Daily Market Comment – Wall Street hits new records but euphoria fades as yields rise

Posted on March 12, 2021 at 9:42 am GMT

Threat of rising yields keeps animal spirits in check, revives dollar ECB promises to speed-up QE, but euro/dollar driven by other factors Yen suffers as rate differentials widen, Canadian jobs data coming up Stocks hit new records but cool down as yields climb The battle between growing economic optimism and concerns of monetary policy normalization continues to rage in financial markets. Investors are warming up to stocks amid hopes that all the federal spending will lead to an unprecedented boom [..]

Daily Market Comment – Receding yields drive markets into euphoria, BoC meets

Posted on March 10, 2021 at 9:24 am GMT

Bond yields cool down, setting off massive rebound in tech stocks Dollar retreats a touch ahead of US inflation data and key bond auction Bank of Canada meets as well – dovish signals could bruise the loonie Everyone is trading bonds these days Global markets continue to be driven almost entirely by moves in bond yields. The week started with Wall Street panicking about rising yields, but the hysteria soon faded and euphoria made a stunning comeback yesterday as yields [..]

Daily Market Comment – Dollar stands tall, equities struggle amid tech exodus

Posted on March 9, 2021 at 9:38 am GMT

Dollar and sterling reign supreme in rising yield environment Stock markets calm overall, but tech sector gets purged However, yields fall back on Tuesday, cooling dollar while lifting stocks and gold Epic rotation within markets continues While the overall stock market did not retreat much yesterday, that masks the seismic rotation happening under the hood, away from tech shares with bloated valuations and towards value and cyclical plays that might shine as the global economy re-opens. It is not every [..]

Daily Market Comment – Dollar shines after Senate approves relief bill, but stocks shaky

Posted on March 8, 2021 at 10:12 am GMT

Solid US jobs report and relief package approval propel dollar higher But stock markets still shaky as tech sector grapples with rising yields Overall, this looks like a healthy and mostly isolated correction Good news keeps on coming Global markets continue to dance to the tune of rising bond yields, as a swift vaccination campaign and the overload of federal spending that is arriving soon have seen investors bring forward the timeline of Fed rate increases. The US labor market [..]

Daily Market Comment – Bond market meltdown devastates stocks, resurrects dollar

Posted on February 26, 2021 at 9:26 am GMT

Carnage in bonds sends US yields flying, equities in a world of pain Dollar comes back from the dead, commodity FX and pound lose altitude Just a disastrous bond auction or a harbinger of bigger moves? Near-disaster in bonds infects everything else What started out as a relatively calm session evolved into a near-apocalypse in the bond market on Thursday, sending shockwaves across every other asset class. Investors are dumping government bonds at a stunning pace, pushing the yields on [..]

Daily Market Comment – Stocks lick wounds, dollar retreats as Fed restores calm

Posted on February 25, 2021 at 9:43 am GMT

Stocks claw back losses amid Fed reassurances and vaccine news Commodity currencies continue to rampage, yen and franc in agony Pound loses some steam after Chancellor warns of tax increases Fed tranquilizer gun restores calm All that was needed to restore order in financial markets were some soothing words from the Fed’s top brass and some encouraging vaccine news. Wall Street came back to life after the Fed chief and vice-chief reassured investors that they won’t overreact to any inflation [..]

Daily Market Comment – Dollar and tech shares suffer ahead of Powell’s testimony

Posted on February 23, 2021 at 9:47 am GMT

· Tech stocks slump as higher yields bite, but FX and commodities calm · Dollar lags despite equity selloff, highlighting recent shift in dynamics · All eyes on Chairman Powell’s testimony today, and RBNZ decision afterward Nasdaq gets smoked as value outshines tech It was a particularly strange session on Monday, with many of the familiar relationships between asset classes breaking down thanks to the pandemonium in bonds. US stock markets retreated for a fifth consecutive day, with the Nasdaq [..]

Daily Market Comment – Stocks under fire, dollar breathes as bond yields soar

Posted on February 22, 2021 at 9:41 am GMT

Relentless grind higher in bond yields bites stocks, stabilizes dollar Dollar becoming the US currency again, instead of a safe haven? Yen crumbles despite risk-off mood, sterling shines, gold adapts Bond market ruins the party in equities The non-stop rally in global bond yields has started to infect other asset classes, bringing the party in stock markets to a halt and breathing some life back into the devastated US dollar. There hasn’t been any major news, so this repricing appears to be [..]

Week Ahead – Dollar realigns with US fundamentals, RBNZ meets

Posted on February 19, 2021 at 1:02 pm GMT

There’s been a striking change in the dynamics of the FX market lately, with the US dollar no longer trading exclusively as a safe haven and instead reacting to American economic data. Investors have their eyes on the Fed, even if it is too early to price in a proper QE withdrawal. The main event in the coming week is the RBNZ meeting, where the central bank could strike a more cheerful tone. Fed Chairman Powell also testifies before Congress. [..]

US Open Note – US stocks set to join risk-on party; dollar index hovers near 90.00 support

Posted on February 16, 2021 at 2:11 pm GMT

Wall street may open stronger US traders will return to their desks after a long weekend, with stocks aiming to extract their own share of gains from the latest risk-on euphoria as reflected by the modest upside in S&P 500 futures. Although the risk-taking tendency was softer during late European hours, it remained robust enough to keep the German DAX 30 and the UK’s FTSE 100 index close to their Monday peaks.Perhaps the absence of any discouraging vaccine news and slowing global infection cases enhanced speculation that governments will [..]

Legal disclaimer: The material does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instruments. XM accepts no responsibility for any use that may be made of these comments and for any consequences resulting in it. No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. The research and analysis does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it.

It has not been prepared in accordance with legal requirements designed to promote the independence of research, and as such it is considered to be marketing communication. Although we are not specifically constrained from dealing ahead of the publication of our research, we do not seek to take advantage of it before we provide it to our clients. We aim to establish, maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to prevent conflicts of interest from constituting or giving rise to a material risk of damage to the interests of our clients. We operate a policy of independence, which requires our employees to act in our clients’ best interests and to disregard any conflicts of interest in providing our services.

CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losing all of your invested capital, so please make sure that you fully understand the risks involved.

US500cash

XM Live Chat