Market Update

European shares opened lower on Friday, led by a decline in technology stocks and a sharp drop in Carlsberg Group shares following the rejection of its takeover bid for British soft drinks maker Britvic. The pan-European STOXX 600 index fell 0.2% in early trading, with the technology sector experiencing a …

The ongoing trade war between the United States and China represents one of the most significant economic confrontations of the 21st century, deeply impacting global markets, supply chains, and international relations. As the world’s two largest economies clash over tariffs, trade deficits, and technology transfers, Europe finds itself in a …

The dollar recovered strong upside traction and maintained the price action in the risk complex depressed amidst interest rate cuts speculation and soft US data releases. In addition, the BoE and the Norges Bank kept their policy rates unchanged vs. a surprising cut by the SNB.The DXY rose to four-day …

After 25 basis-point rate cut decisions by the ECB and BoC, the Fed left rate unchanged (within 5.25%: 5.5% range) with one possible cut before yearend. This decision bodes well for holders of assets in money market funds that provide returns exceeding dividend stocks and REITs, while their performance is …

EUR/USD has slumped to 1.07. The week’s gains were eroded by a miss in US economic figures, which bolstered the dollar. Markets prepare for Friday’s Purchasing Managers Index (PMI) figures for both the EU and the US.Germany’s Producer Price Index (PPI) fell to 0.0% on a month-over-month basis in May, …

The S&P 500 and Nasdaq Composite experienced a drop in volume on Thursday, with the broad market index falling 0.3% after briefly reaching the 5,500 level. Nvidia that temporarily unseated Microsoft as the most valuable public company, declined 3.4% after rising earlier in the session. Shares have climbed more than …

US Dollar gets a boost from an increase in US Treasury yields on Thursday. Markets still show signs of caution as Fed officials express a conservative stance on embracing easing cycles.US Treasury yields saw a considerable rise, with gains exceeding 1%. The 2-year, 5-year and 10-year rates stood at 4.74%, …

Bitcoin bulls’ hopes have been dashed once again as liquidity grabs erase the latest BTC price recovery. Bitcoin/USD was hitting $66,455 before the Wall Street open, but a slow grind beyond $66,000 evaporated before an abrupt about turn sent the pair a full $2,000 lower. Observers put the blame firmly …

The Bank of England (BoE) maintained its benchmark interest rate at 5.25% on Thursday, despite a recent slowdown in inflation. This decision reflects the central bank’s cautious approach, as it continues to monitor underlying price pressures and robust wage growth. The Monetary Policy Committee (MPC) voted 7-2 to keep the …

The Swiss National Bank (SNB) reduced interest rates for the second consecutive time on Thursday, highlighting its confidence in easing price pressures and solidifying its position at the forefront of the global policy easing cycle. The central bank’s decision to cut its policy rate by 25 basis points to 1.25% …