Money Flows before the start of European trading today

It is a quiet start to the new trading week, with markets looking quieter than usual. But I feel that things are going to change quickly, because after just a few days we have the ECB’s decision on the EU base rate (Thursday), with market participants expecting a 20 basis point drop in rates. In […]

Money Flows before the start of European trading

Markets seem calm for the moment after the rising optimism seen during the overnight’s trading. All eyes are on US labor market data, as well as a statement from Jerome Powell just before the weekend. The US economy is expected to create slightly fewer jobs in August than the previous month. The Ministry of Labor […]

European markets awaiting a breakthrough around Brexit

For now, a strong day for the dollar, which is making good movements against other major currencies. But I expect the session ahead to revolve mainly around the pound as the UK Parliament returns from its summer break and will vote to remove the no-deal Brexit from the table. This will force Boris Johnson to […]

What is driving the pound at the moment

There are essentially two separate stories at the moment. The first is opposition parties in the United Kingdom, who unite in an effort to stop Boris Johnson from reaching a deal without a deal. The second is Boris Johnson, who wants to convince European leaders of a new deal with alternative backstop deals – a […]

Money Flows – the key events of the new week

The latest escalation in the US-China trade war is likely to dominate investor attention this week, and a fresh batch of data will give markets more insight into the economic impact of the conflict. The markets will also monitor the gathering of Western leaders at the G7 Summit during major divisions in trade, climate change, […]

Varchev Finance – Next week in one post 26-30.08.2019

A new tense week in the stock markets is coming to an end. After relatively good previous days for the indices, the movements on Friday became sharp and unforgivable, with the main stock indices registering atrocious losses, heading for their 200 periodic charts once again. Of course, on the front line again is Trump and […]

Yen remains higher at the start of the European trading this morning

The yen keeps the major currencies against the backdrop of the softer risk tones, with the shares remaining weaker before the session begins. This remains the main trend of the week, with the yuan also remaining under pressure in the trading day to date. This sentiment keeps the Aussie, Kiwi and Canadian back on their […]

Asia markets trades lower looking for guidance from central bankers

Asian markets are trading lower this morning as their US competitors are in a negative zone due to fears of recession. Japan’s Nikkei 225 fell 0.57%, while Topix weighed 0.79%. The yen is trading at 106.37 against the dollar, weakening from levels below 106 from the previous week. The session in Asia followed losses in […]

Goldman – Stay long on JPY into Jackson Hole

The yen provides an attractive risk-return ratio as the stock market key event approaches this week. Goldman Sachs Co-Head of Global FX and EM Strategy, Zach Pandl commented that it is good to keep the long yen against the dollar, the euro and the Canadian this week, due to the central bankers gathering in Jackson […]

Here’s what you need to know to start your week

This week investors will be watching to see how the Federal Reserve may respond to recession fears whipped up by the inversion of the Treasury yield curve. The Fed will hold its annual gathering in Jackson Hole towards the end of the week, with Chairman Jerome Powell to address the forum on Friday. The Fed […]