Page 9 of 19
Against a backdrop of high inflation, tightening monetary environment and recession fears that has been detrimental to global stock markets, we take a look at some companies that will be on our radar over the coming months
The German government entered into the second level of its emergency plan for gas yesterday, which sent GER30 lower, heading towards another losing week
The DAX index's primary trend turns down.
The central bank delivered another 25 basis point interest rate hike, in order to bring down rampant inflation, which it sees rising to double-digits
The European central bank signaled interest rates lift-off in July and more hikes ahead, sending the index lower on Thursday, which tries to react today
The World Bank slashed its Euro area and global GDP projections yesterday, while today we see cautious market sentiment after mixed economic releases and ahead of ECB’s policy decision on Thursday
Conservative members of the UK parliament will hold a no-confidence vote in Boris Johnson later today, in the aftermath of the Sue Gray report into the “party-gate”
The index starts the week with profits, following a mixed performance in the previous one, as sentiment seems to be in a good place today
Eurozone preliminary headline inflation printed at an all-time high of 8.1% YoY for May. This number is higher than the forecast of 7.8% YoY and above the previous month's release of 7.5% YoY. The major contributor was the much higher energy prices due to Russia's invasion of Ukraine. However, it's not the only worry. Food, alcohol and tobacco price also contributed to the blowout figure.
The German index is upbeat today as sentiment remains in a good place, after last week’s risk rebound, eyeing key technical levels
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.