03.02.2012 - XTB Market Snapshot
The payrolls report today / GBPUSD – still within the upward channel...
02.02.2012 - XTB Market Snapshot
Stronger activity... / US / The Euro zone / UK / China / Switzerland / …(more than?) reflected in prices...
01.02.2012 - XTB Market Snapshot
US recovery losing steam? / EURUSD – H&S on H4...
31.01.2012 - XTB Market Snapshot
It’s Greece… again / EURCHF – 1,20 draws near...
30.01.2012 - XTB Market Snapshot
The first EU summit in 2012 / Events to watch...
27.01.2012 - XTB Market Snapshot
Is Portugal next?
26.01.2012 - XTB Market Snapshot
Fed says: rates well anchored… / …which means...
25.01.2012 - XTB Market Snapshot
Good news… / …and bad news from Europe / Fed’s meeting...
23.01.2012 - XTB Market Snapshot
The end of Fed-driven rally? / Still no deal (on debt swap in Greece) at the eve of the EU summit / The week ahead.
20.01.2012 - XTB Market Snapshot
Mixed data from US… / …weak Chinese PMI… / …and disappointing techs...
19.01.2012 - XTB Market Snapshot
Markets move up following Goldman’s report… / …but debt markets in Europe are far from euphoria / Hot Thursday ahead...
18.01.2012 - XTB Market Snapshot
The Fed as a “culprit” of the recent rally? / Greece in the spotlight again...
17.01.2012 - XTB Market Snapshot
Asian equities soar following the Chinese GDP...
16.01.2012 - XTB Market Snapshot
S&P cuts ratings… / …and now we wait for Moody’s / The week ahead – Greece first, data and earnings second...
13.01.2012 - XTB Market Snapshot
Equity markets – a buy signal or a trap for the bulls?
12.01.2012 - XTB Market Snapshot
EURUSD – cuts yes, but later...
10.01.2012 - XTB Market Snapshot
No candies this time...
09.01.2012 - XTB Market Snapshot
How good is this? / EURUSD – playing on the hopes?
05.01.2012 - XTB Market Snapshot
Yesterday we informed that Iran warned the US no to deploy the aircraft carrier back to the Gulf after it was removed temporarily when Iranians conducted their military exercises there. As one could have expected these threats fell on a deaf ears and the US authorities were quick to response that this was a desDperate move made by Iranians who feel the heat of the already imposed sanctions.
04.01.2012 - XTB Market Snapshot
Strong PMIs fuel some optimism… / …but caution is warranted...
03.01.2012 - XTB Market Snapshot
Equity markets: upbeat ISM? / EURUSD: slightly up, still waiting for the signal...
02.01.2012 - XTB Market Snapshot
US data: solid but not surprising / EURUSD: a pressure will rise / OIL: Iran tests the West...
30.12.2011 - XTB Market Snapshot
A year of disappointments / EURUSD, EURJPY – lows defended...
29.12.2011 - XTB Market Snapshot
The post-Christmas tumble / Precious metals ready for a dive?
28.12.2011 - XTB Market Snapshot
Oil again in spotlight / Event to watch...
23.12.2011 - XTB Market Snapshot
US labor market improves / EURUSD – near resistance, but far from support / Events to watch...
22.12.2011 - XTB Market Snapshot
Mixed feelings after ECB lending program / Events to watch – the US GDP...
21.12.2011 - XTB Market Snapshot
Positive surprises / Commodities gain...
20.12.2011 - XTB Market Snapshot
Markets far from a Christmas mood / Worth to watch the Ifo index...
19.12.2011 - XTB Market Snapshot
Belgium two notches lower / Conference in Brussels...
15.12.2011 - XTB Market Snapshot
Commodities tumbled following OPEC / Chinese PMI inches up...
14.12.2011 - XTB Market Snapshot
Fed waits, the dollar gains / Europe hits emerging markets...
13.12.2011 - XTB Market Snapshot
Agencies do warn again / Forget about a QE3...
12.12.2011 - XTB Market Snapshot
Mixed moods after the summit… / PMIs more important than the US data, Fed...
09.12.2011 - XTB Market Snapshot
Europe, ECB make a step forwards / EURUSD, equity markets – lost chances...
07.12.2011 - XTB Market Snapshot
Bond markets recover / EURCHF – deflation may push the SNB to act again...
06.12.2011 - XTB Market Snapshot
The German way… / …no sweeteners… / …and the S&P...
05.12.2011 - XTB Market Snapshot
Moods improved… / …but markets diverged / Europeans hold a key - again...
02.12.2011 - XTB Market Snapshot
Merkel’s tough approach / ISM highest since June...
01.12.2011 - XTB Market Snapshot
Central banks in action… / More good news from the US...
30.11.2011 - XTB Market Snapshot
Nice surprise from the US… / …and more of the same from Europe...
28.11.2011 - XTB Market Snapshot
Europe: tenders, meetings and IMF’s (denied) bazooka / US: the key data ahead...
25.11.2011 - XTB Market Snapshot
Merkel “nein” to Eurobonds, bunds stabilize… / …but other premiums on the rise / EURHUF, EURPLN – Moody’s cut Hungary to junk...
23.11.2011 - XTB Market Snapshot
Moods on equity markets deteriorated again yesterday as it became known that the US economy expanded at a pace of 2% rather than 2,5% reported in the advance release.
18.11.2011 - XTB Market Snapshot
European “phase” of the crisis / Precious metals down on the WGC report...
17.11.2011 - XTB Market Snapshot
US output up… / …but the market down on Fitch...
16.11.2011 - XTB Market Snapshot
If only not that Europe… / …crisis biting the core...
15.11.2011 - XTB Market Snapshot
Key data today / EURUSD – MS closer than GS...
10.11.2011 - XTB Market Snapshot
Europe faces the wall...
09.11.2011 - XTB Market Snapshot
Berlusconi will resign but yields rise again...
08.11.2011 - XTB Market Snapshot
Switzerland has deflation / Berlusconi denies resignation, premium rises...
07.11.2011 - XTB Market Snapshot
Papandreou down… / …Berlusconi still fights...
04.11.2011 - XTB Market Snapshot
The Greek novel / ECB cut interest rates...
03.11.2011 - XTB Market Snapshot
Referendum moved to December 4th / The Fed still optimistic on growth / A cut yes, but later.
02.11.2011 - XTB Market Snapshot
Another cold shower from Greece / PMIs leave no doubts...
28.10.2011 - XTB Market Snapshot
Bears pushed to the corner...
27.10.2011 - XTB Market Snapshot
Catastrophe averted, market’s reaction exaggerated...
26.10.2011 - XTB Market Snapshot
Europe failed, again / Recessionary reading of the Conference Board index...
25.10.2011 - XTB Market Snapshot
Weak PMIs didn’t hurt sentiment...
24.10.2011 - XTB Market Snapshot
Europe will have a deal on Wednesday...
21.10.2011 - XTB Market Snapshot
Key decisions postponed? / Surprising rise in the Philly Fed...
20.10.2011 - XTB Market Snapshot
EURUSD, equity markets – time’s running out / AUDUSD – the pair reverses from the resistance.
19.10.2011 - XTB Market Snapshot
EURUSD, equity markets – the Guardian reports about a deal...
18.10.2011 - XTB Market Snapshot
Schaeuble pours cold water / Slower growth in China, disappointing NY Fed.
14.10.2011 - XTB Market Snapshot
EURUSD – ECB warning, market not convinced / Equity markets – Google’s results and the US data.
13.10.2011 - XTB Market Snapshot
EURUSD – so far, so good / Chinese surplus down / AUDUSD – employment above expectations.
12.10.2011 - XTB Market Snapshot
EURUSD, equities – Slovakia, Alcoa disappointed...
11.10.2011 - XTB Market Snapshot
EURUSD, equities – too good to be true? / OIL – Brent moving close to 110 USD again.
10.10.2011 - XTB Market Snapshot
EURUSD – agreement in place, details unknown / US economy – more like 60’s than 80’s.
07.10.2011 - XTB Market Snapshot
Banks to the rescue / OIL, AUDUSD – a rapid rebound.
06.10.2011 - XTB Market Snapshot
Good news from the US economy / EURUSD – Tirchet’s final call.
05.10.2011 - XTB Market Snapshot
Dexia, Italian rating and a surge before the bell...
03.10.2011 - XTB Market Snapshot
Challenging fourth quarter - Europe / Economic growth / Commodities.
30.09.2011 - XTB Market Snapshot
Japan ready to intervene / Solid data, sober reaction.
29.09.2011 - XTB Market Snapshot
German “yes” is not enough...
28.09.2011 - XTB Market Snapshot
Too few details, too many speculations...
27.09.2011 - XTB Market Snapshot
Knee-jerk rebound on interest rate speculations / Debates, votes and rumors.
26.09.2011 - XTB Market Snapshot
Another disappointing weekend / A sell-off on commodities.
06.09.2011 - XTB market snapshot
European fear – once again / AUDUSD – RBA on hold.
05.09.2011 - XTB market snapshot
Pressure on the central banks / More problems in Europe.
02.09.2011 - XTB market snapshot
US macro: slowing but not crushing / Equity markets – Goldman pessimistic about payrolls / EURCHF – data too good to hit the CHF.
01.09.2011 - XTB market snapshot
ISM may show a contraction / EURCHF – SNB silent, key data from Switzerland.
31.08.2011 - XTB market snapshot
Recessionary sentiment in US / Fed minutes – too much attention / ADP report today.
30.08.2011 - XTB market snapshot
Spending up but many hurdles ahead...
29.08.2011 - XTB market snapshot
Fed cannot do much to turn around economy / EURCHF – KOF dives, the pair surges / The week ahead – US payrolls, Swiss data.
26.08.2011 - XTB market snapshot
Jackson Hole! / Events to watch.
25.08.2011 - XTB market snapshot
Gold sharply down / CME raised margins / Events to watch.
24.08.2011 - XTB market snapshot
Moody’s cuts Japanese rating / European economy / Gold slightly down / Events to watch.
23.08.2011 - XTB market snapshot
Stocks try to recover / Record gold prices / Bernanke and PMI indices in the spotlight / Events to watch.
22.08.2011 - XTB market snapshot
Bernanke in Jackson Hole / Oil – downside risk / Events to watch.
19.08.2011 - XTB market snapshot
Fear is back / Safe heaven assets in the spotlight / Events to watch.
18.08.2011 - XTB market snapshot
SNB disappointed / Stocks down again / Events to watch.
17.08.2011 - XTB market snapshot
Government instead of euro bonds / Dell disappointed / SNB’s decision / Events to watch – Boa minutes, inflation in UE and USA.
16.08.2011 - XTB market snapshot
EURCHF goes up / ECB buys bonds / German economy is slowing / Events to watch.
12.08.2011 - XTB market snapshot|
First signs of hope / Equities – claims fall below 400k / EURCHF – SNB fully determined / Events to watch – US retail sales.
05.08.2011 - XTB market snapshot
Stock markets crashed / OIL – cheaper, but not cheap enough / Events to watch – US payrolls.
04.08.2011 - XTB market snapshot
SNB woke up… / …BOJ follows… / …will ECB help? / Events to watch – Spanish bond auction, central banks, US claims.
03.08.2011 - XTB market snapshot
Moody’s confirms triple-A but negative outlook weighs / EURCHF – searching for the lows / Events to watch – ADP, ISM services and US fuel inventories.
02.08.2011 - XTB market snapshot
Europe feels pressure again, franc surges / ISM sharply down, slowdown concerns escalate / Events to watch – vote in Senate, US data.
01.08.2011 - XTB market snapshot
Obama announces a deal, votes ahead / The week ahead – key data, central banks.
29.07.2011 - XTB market snapshot
Vote cancelled, stake on the rise / Moody’s on the Spanish rating / Event to watch – GDP, Chicago PMI.
28.07.2011 - XTB market snapshot
A vote today, but the key is in Senate / Beige Book confirms a slowdown / Event to watch – vote in Congress, US claims, Japanese package.
27.07.2011 - XTB market snapshot
Boehner deals with his own party, dollar slides / AUDUSD – Aussie is strongest on record / Event to watch – US orders, fuel inventories and Beige Book.
26.07.2011 - XTB market snapshot
Few signs of a compromise… / …send the dollar lower / Event to watch – GDP in UK, US data.
25.07.2011 - XTB market snapshot
Debt ceiling worries / EURUSD, EURCHF – Italy will test the market / Events to watch – GDP, quarterly results.
22.07.2011 - XTB market snapshot
Solution for the crisis? / USDJPY – the US debt ceiling issue hurts the dollar / Events to watch – German Ifo, US results.
21.07.2011 - XTB market snapshot
Backdoor restructuring? / China is slowing down / Events to watch – the summit, US data, European PMIs.
20.07.2011 - XTB market snapshot
US housing market – out of the woods? / Equity market – Apple surprised again / USDJPY – a stronger impulse required / In the calendar – more earnings, BoE minutes, US data.
19.07.2011 - XTB market snapshot
Equity markets – a promising start of the season / EURUSD, EURCHF – will Merkel arrive? / The week ahead – key results from Wall Street.
18.07.2011 - XTB market snapshot
USDCHF, EURCHF – Swiss franc gains on uncertainties / The week ahead – Europe, debt ceiling talks and quarterly results.
15.07.2011 - XTB market snapshot
EURUSD – stress tests might not help / EURUSD, GBPUSD, AUDUSD – the market overreacted? / Equity markets – Google surprises but agencies hit again / Events to watch – US data, stress tests and Citi.
14.07.2011 - XTB market snapshot
Fed may consider QE3… / …and Moody’s downgrading the US / Silver – getting bullish again / Events to watch – US data and Bernanke part2.
13.07.2011 - XTB market snapshot
EURUSD, EURCHF – Irish junk / Equity markets – stronger Chinese data, weaker from US / Gold – market dreaming about the QE3 / Events to watch – Bernanke in Congress, UK labor market, US fuel inventories.
12.07.2011 - XTB market snapshot
EURUSD, EURCHF – time is running out / Events to watch – UK CPI, US trade balance, Fed minutes and Chinese GDP.
11.07.2011 - XTB market snapshot
The payrolls report disappointed / EURUSD – Italian worries add to euro’s troubles / Events to watch – Ben Bernanke, earnings season, stress tests and the data.
08.07.2011 - XTB market snapshot
ADP met our forecast but bulls overreacted / OIL – back to 120 USD / Events to watch – payrolls report.
07.07.2011 - XTB market snapshot
EURUSD - ECB vs Portugal / ADP above expectations? / Events to watch – ADP, ECB on top of a long list.
06.07.2011 - XTB market snapshot
Prices of oil and copper are rising / EURUSD, EURCHF - Moody's lowers rating of Portugal / Key events – ISM services in the U.S.
05.07.2011 - XTB market snapshot
Another hike in China? / RBA changes the outlook / Events to watch – European PMIs.
04.07.2011 - XTB market snapshot
ISM above expectations… / …but the good news priced in / EURCHF – a strong reversal / Events to watch – awaiting the US labor market data.
01.07.2011 - XTB market snapshot
Hopes from Chicago / Events to watch – ISM index.
30.06.2011 - XTB market snapshot
Markets cheer the austerity plan / Portuguese problem / Events to watch – US data and votes in Greece.
29.06.2011 - XTB market snapshot
EURUSD – aid already priced in / Confidence down but Richmond Fed recoveries / OIL – a retest of a neckline / Events to watch – US fuel data, KOF and Canadian inflation.
28.06.2011 - XTB market snapshot
EURUSD – a debate overshadowed by strikes / DAX30 – German bulls protect their territory / Events to watch – US data and the debate.
22.06.2011 - XTB market snapshot
Vote secured, time for savings / Can the Fed still help markets? / The pound overvalued? / Events to watch – The Fed, BoE’s minutes and fuel inventories.
21.06.2011 - XTB market snapshot
China buys euro debt… / …as investors await a confidence vote in Greece / Events to watch – Greek vote, US home sales, German ZEW.
20.06.2011 - XTB market snapshot
Soft patch continued… / EURUSD – still no aid for Greece / Events to watch – Fed and European indicators.
17.06.2011 - XTB market snapshot
Changes in the Greek government / Another weak data from the U.S. / Events to watch.
16.06.2011 - XTB market snapshot
NY Fed slides again… / Oil (finally) reacts / Oil, Greece pull euro sharply lower / Events to watch – US data, Greece.
15.06.2011 - XTB market snapshot
The US data in line, but key reports ahead / Schedule for Greek aid still uncertain / Events to watch – US data, labor market in UK, fuel inventories.
14.06.2011 - XTB market snapshot
Markets rebound, euro gains / Chinese CPI in line / Events to watch – US data, CPI in UK, Bernanke.
13.06.2011 - XTB market snapshot
Regional indices might be crucial / Chinese data important as well / Events to watch – Chinese data and the BoJ.
10.06.2011 - XTB market snapshot
Chinese data disappointed / EURUSD – Trichet suggests a hike / DAX30 – bulls defend a support zone / Events to watch – figures from UK, labor market in Canada.
09.06.2011 - XTB market snapshot
AUDUSD – labor market data disappointed / EURUSD – euro waits for the ECB / Events to watch – central banks and US weekly data.
08.06.2011 - XTB market snapshot
No QE3 in the pipeline / S&P500 – still moving down / OIL – OPEC to increase output / Events to watch – Beige Book, fuel inventories and German output.
07.06.2011 - XTB market snapshot
Fisher and Plosser against QE3 / Events to watch – Bernanke in the spotlight.
06.06.2011 - XTB market snapshot
USA decelerates… again - Last week we pointed out that regional activity data and weekly labor market data showed a clear slowdown of the US economy in May...
01.06.2011 - XTB market snapshot
More puzzling data… / …but markets remain sanguine / USDJPY – doesn’t look bullish / Events to watch – ADP and ISM, PMIs in Europe.
31.05.2011 - XTB market snapshot
Asia buys equities, euro, ahead of a busy week / EURUSD – wave 5 possible / Events to watch – Conference Board and Chicago PMI in US, flash HICP in the zone.
30.05.2011 - XTB market snapshot
How much of the soft patch? / EURUSD – new deal for Greece? / Events to watch – data from Asia.
27.05.2011 - XTB market snapshot
Equities rise despite grim data / No rush to hike rates… / Events to watch – US consumer data.
26.05.2011 - XTB market snapshot
Equities, euro recover despite mixed data / EURUSD - China wants bailout bonds / Events to watch – US claims, preliminary GDP, Trichet in Berlin.
25.05.2011 - XTB market snapshot
Are commodities a “buy”? / Events to watch – US durable orders, fuel inventories.
24.05.2011 - XTB market snapshot
Agencies (back) in action / S&P500 – still in a corrective phase / Events to watch – Ifo and US home sales.
23.05.2011 - XTB market snapshot
EURUSD – bears are back / Chinese PMI declines / Events to watch – flash PMIs.
20.05.2011 - XTB market snapshot
Equity markets - time to worry? / IEA calls for more supplies / Events to watch – CPI and retail sales in Canada.
19.05.2011 - XTB market snapshot
Fed minutes – exit talks / GBPUSD – more of the downside? / Events to watch – US data, UK retail sales.
18.05.2011 - XTB market snapshot
Soft restructuring… / …and a soft patch / Events to watch – data and minutes in UK, Fed’s minutes in US.
17.05.2011 - XTB market snapshot
Equity markets – some more evidence… / EURUSD – euro rebounding, no changes on the horizon though / Events to watch – Euro-talks, US data and Fed minutes.
16.05.2011 - XTB market snapshot
EURUSD – euro moving lower, peripheries on the watch / Equity markets – sell in May and go away? / Events to watch – Euro-talks, US data and Fed minutes.
13.05.2011 - XTB market snapshot
US data – roughly in line but… / EURUSD, commodities – a battle for 1,4150 / Events to watch – US CPI, flash GDP in the zone.
12.05.2011 - XTB market snapshot
Vicious circle is back / USDA – corn and wheat output to increase / Copper – looking towards 8000 / Events to watch – US data and more on Greece.
11.05.2011 - XTB market snapshot
China – inflation remains high but markets are calm / The oil market - OPEC report and the US fuel inventories / Events to watch – OPEC and USDA reports, trade balance in the U.S.
10.05.2011 - XTB market snapshot
EURUSD – a crushing verdict of S&P / CME raises deposits for futures contracts on oil / Events to watch – Chinese figures.
09.05.2011 - XTB market snapshot
EURUSD – not only a strength of the dollar / Key reports on the commodities markets / Events to watch.
06.05.2011 - XTB market snapshot
Massive selloff on commodities, dollar gains / EURUSD – the pair tests key supports / Events to watch –payrolls anxiously awaited.
05.05.2011 - XTB market snapshot
Soft patch 2? / Gold – much better than silver. / Events to watch – ECB and US claims.
04.05.2011 - XTB market snapshot
Profit taking on equities… / …and hesitation on the EURUSD / Soros selling silver? / Events to watch – ADP, ISM services and US fuel inventory data.
02.05.2011 - XTB market snapshot
Bin Laden eliminated, equities surge / Silver market collapses – is that the end of the trend? / Events to watch – ISM in US, RBA.
29.04.2011 - XTB market snapshot
Chinese PMI flat / Weaker data from US / Equities down on Microsoft / Events to watch – Inflation in the zone, US data and Bernanke.
27.04.2011 - XTB market snapshot
The Fed’s meeting – key facts / EURUSD, S&P500 – highs ahead of the meeting / Events to watch – Fed, UK’s GDP, orders in US.
26.04.2011 - XTB market snapshot
Benign start of the week / Silver tumbles, options blamed / Events to watch – Coneferce Board and earnings results.
21.04.2011 - XTB market snapshot
S&P500 – close to ’11 highs / EURUSD – looking towards 1,50? / Events to watch – German Ifo, sales in UK, US claims and Philly Fed.
20.04.2011 - XTB market snapshot
Some bright results on Wall Street / EURUSD – bears (still) have no fuel / Events to watch – home sales and more earnings reports.
19.04.2011 - XTB market snapshot
Greece will restructure its debt / S&P cuts U.S. debt outlook / Earnings season / Events to watch.
18.04.2011 - XTB market snapshot
Tightening monetary policy in China / Earnings season goes on / Events to watch.
15.04.2011 - XTB market snapshot
Inflation and the GDP in China / Moody’s cuts Ireland rating / Events to watch.
14.04.2011 - XTB market snapshot
Inflation in China is growing / JP Morgan Chase results / Beige Book and Obama’s speech / Thursday’s calendar.
13.04.2011 - XTB market snapshot
JP Morgan Chase / Slump of oil prices / Wednesday's calendar.
12.04.2011 - XTB market snapshot
Earnings season / Commodities and the companies / Tuesday's calendar.
11.04.2011 - XTB market snapshot
Oil a bit cheaper / Earnings season / Events to watch.
08.04.2011 - XTB market snapshot
Raising oil prices can be dangerous / Interest rates in the spotlight / Events to watch.
07.04.2011 - XTB market snapshot
Portugal asks for help / The ECB and the BoE meetings / Events to watch.
06.04.2011 - XTB market snapshot
Monetary policy in China / EURUSD in the spotlight / Wednesday’s calendar.
05.04.2011 - XTB market snapshot
Bernanke’s speech / Oil in the spotlight / Tuesday’s calendar.
04.04.2011 - XTB market snapshot
Unemployment in the USA / Bernanke’s speech / EURUSD between the ECB and Bernanke.
01.04.2011 - XTB market snapshot
Payrolls report – forex awaiting the data / OIL – running along the 5th wave / Events to watch – payrolls, ISM and European PMIs.
31.03.2011 - XTB market snapshot
ADP report – not surprising but still strong / EURUSD – Gross not liking US Treasuries / GOLD – negative divergence on gold / Events to watch – claims, Chicago PMI.
30.03.2011 - XTB market snapshot
Bullard signaling policy normalization / Equity markets – strong gains in US and Asia / EURUSD – ratings not as bad? / Events to watch – ADP report.
29.03.2011 - XTB market snapshot
Equity markets – Asia gains despite profit taking on Wall Street / USDJPY – on the line (as well…) / Events to watch – Conference Board, figures from UK.
28.03.2011 - XTB market snapshot
Libya, Japan still make headlines… / …yet macro data is back in focus / EURUSD – on the trend line / Events to watch – key figures on Friday.
25.03.2011 - XTB market snapshot
Equity markets – (technical) obstacles removed / EURUSD – Portugal losing rating, but bulls still in the game / Events to watch – Ifo, final US GDP, EU summit and Fed’s Plosser.
24.03.2011 - XTB market snapshot
EURUSD –Portugal w/o government, might ask for aid / DAX30 – struggling with a resistance / Events to watch – US data and EU summit.
22.03.2011 - XTB market snapshot
Equity markets – bullish signals on Wall Street / EURUSD – approaching Nov’10 highs / Events to watch – CPI in UK.
21.03.2011 - XTB market snapshot
Time of interventions / Less bad news from Japan? / Events to watch – Trichet and home sales.
18.03.2011 - XTB market snapshot
USDJPY – G7 steps in, equities gain / OIL – prices rise on Libyan no-fly order / Events to watch – light Friday.
17.03.2011 - XTB market snapshot
Equity markets – a tumble on Wall Street, US evacuates citizens from Japan / USDJPY – sharp gains on yen and franc, Aussie and emergings roiling / Events to watch – US CPI, output and claims.
16.03.2011 - XTB market snapshot
After the Fed – just a tiny step / EURUSD – Moody’s cuts again / Equity markets – a sign of relief / Events to watch – UK labor market US PPI and starts.
15.03.2011 - XTB market snapshot
Nikkei225 – nuclear fear cripples Japanese equities / S&P500 – sending S&P500 futures to the lowest in ‘11 / Before the Fed – they have to, but they don’t want to / Events to watch – Fed and activity measures.
14.03.2011 - XTB market snapshot
Nikkei225 – a huge tumble in Japan… / DAX30 – …and a moderate one elsewhere / USDJPY – lessons from Kobe’95 / Events to watch – Fed, inflation data and Spanish bond tenders.
11.03.2011 - XTB market snapshot
Earthquake in Japan and higher CPI in China / S&P500 – the lowest since January / EURUSD – the summit under pressure / Events to watch – US retail sales, PPI in UK.
10.03.2011 - XTB market snapshot
EURUSD – Moody’s cuts Spanish rating / AUDNZD – RBNZ slashes rates, employment decreases in Australia / Events to watch – claims, BoE, Chinese data.
09.03.2011 - XTB market snapshot
EURUSD – Weber turns up the heat / EURUSD – technically still up / Events to watch – German output, US fuel inventories, RBNZ.
08.03.2011 - XTB market snapshot
Copper declines, as Asia faces inflation / OIL and equities – Brent down but WTI up / Events to watch – central bankers.
02.03.2011 - XTB market snapshot
Oil moves up, equities down - again / EURUSD – Bernanke overshadowed by tumbling markets / Events to watch – ADP and fuel inventories.
01.03.2011 - XTB market snapshot
Equity markets – worried no more? / EURUSD – Bernanke in Congress / Events to watch – activity indices, Bernanke and BoC.
25.02.2011 - XTB market snapshot
Equity markets – relief at the end of the week? / EURUSD – market discounting hikes, again / Events to watch – second GDP estimates in US and UK.
24.02.2011 - XTB market snapshot
OIL – prices shot up / Equity markets – oil’s getting scary / Events to watch – US data, fuel inventories… and of course - Libya.
23.02.2011 - XTB market snapshot
Equity markets – US markets decline / EURUSD, USDJPY – Treasuries up, dollar down / Events to watch – home sales data, BoE minutes and central bankers.
22.02.2011 - XTB market snapshot
Equity markets – sell-off in Europe / Gold – taking advantage of the sentiment / Events to watch – Conference Board and sales in Canada.
18.02.2011 - XTB market snapshot
Equity markets – Philly Fed highest since Jan’04 / EURUSD – the market hoped for more / Events to watch – UK sales and central bankers.
17.02.2011 - XTB market snapshot
EURUSD – higher prices and lower output… / …CPI and claims absolutely key for the dollar / USDJPY – close call as well / Events to watch – US data, BB in Congress.
16.02.2011 - XTB market snapshot
EURUSD – sales weaker, yields stalled… / …the dollar needs stronger output and inflation / Events to watch – US data and minutes, labor market and inflation report in UK, US fuel inventory data.
15.02.2011 - XTB market snapshot
Chinese inflation surprisingly low / EURUSD – weaker GDP didn’t help / Events to watch – retail sales in US, CPI in UK.
14.02.2011 - XTB market snapshot
Equity markets – Mubarak gone but upside limited / Inflation data ahead / USDJPY – yet another chance / Events to watch – Chinese figures, BoJ, minutes from RBA.
11.02.2011 - XTB market snapshot
EURUSD – Portuguese spread on the rise / S&P500 – fight at resistances / AUDUSD – employment up; rates? Not necessarily / Warsh leaves the Fed / Events to watch – US trade balance and UM index, UK’s PPI.
10.02.2011 - XTB market snapshot
Bernanke remains (extremely) dovish / EURUSD – key 1,3750 / TNOTE – successful 10Y tender / Events to watch – BoE, output in UK, claims in US.
09.02.2011 - XTB market snapshot
China hikes rates, markets doing just fine / S&P500 at resistances / TNOTE – yields further up / Events to watch – Bernanke in Congress, 10Y tender.
07.02.2011 - XTB market snapshot
US labor market - another tricky report / TNOTE – yields clearly up / EURUSD – bulls try to defend 1,3540 / Events to watch – Bernanke, BoE in the spotlight this week.
04.02.2011 - XTB market snapshot
Strong ADP, weak claims – which way will the payrolls go? / EURUSD – euro tumbles on rates / Events to watch – Payrolls in the US and Canada.
03.02.2011 - XTB market snapshot
Euro waits for Trichet and the US data / Strong ADP, cautious reaction / EURUSD – (too) elevated expectations / Events to watch – ECB, claims and activity indices.
02.02.2011 - XTB market snapshot
Equity markets – strong ISM, new highs / EURUSD, USDJPY – weak dollar ahead of the labor market data / Events to watch – ADP report.
01.02.2011 - XTB market snapshot
Equity markets, euro rebound after Friday’s slide / OIL – Brent above 100 USD / Chinese pricing pressure still high / Events to watch – activity indices.
31.01.2011 - XTB market snapshot
Solid quarterly data from the US… / …and fear from Africa / EURUSD – the dollar gains on risk aversion / Events to watch – Chinese PMI and RBA.
28.01.2011 - XTB market snapshot
Japan will not join the PIIGS club / Claims up again, hurt the dollar / Events to watch – US GDP.
27.01.2011 - XTB market snapshot
USDJPY – S&P cuts the Japanese rating! / EURUSD – no surprises / Events to watch – US claims, durables and Microsoft.
24.01.2011 - XTB market snapshot
Central banks at the central stage this week / EURUSD – still rallying / GOLD – down despite a weaker dollar / Events to watch – BoJ, Australian CPI and US results.
21.01.2011 - XTB market snapshot
USDJPY – the data helped the dollar / Equity markets – data, earnings didn’t help much / Events to watch – BoA, Ifo, UK’s retail sales.
20.01.2011 - XTB market snapshot
Mixed data from China / Equity markets – banks spoiled sentiment / Events to watch – US data, Google and Morgan Stanley.
19.01.2011 - XTB market snapshot
Equity markets – Apple, IBM do not disappoint / EURUSD – dollar weaker in Asia / USDJPY – sentiment doesn’t help / Events to watch – Chinese data and results from banks.
18.01.2011 - XTB market snapshot
Equity markets – Apple without Jobs / CSJ on the Chinese GDP and credit / EURUSD – Plosser on monetary policy / Events to watch – data and earnings.
17.01.2011 - XTB market snapshot
Equity markets – big names release their reports / EURUSD – 1,3433 too strong / Events to watch – US holiday, Chinese inflation and quarterly results.
14.01.2011 - XTB market snapshot
EURUSD – everything seems to help the euro / US labor market – a reason to worry? / Events to watch – US data and JP Morgan.
13.01.2011 - XTB market snapshot
Equity markets – tender, earnings season buoys bulls / EURUSD – moderate advances / Events to watch – tenders in Europe, US data, Intel and central banks.
12.01.2011 - XTB market snapshot
EURUSD – could tender help the euro? / OIL – new highs on sentiment but resistance strong / Events to watch – Portuguese tender, Beige Book and fuel inventories.
11.01.2011 - XTB market snapshot
EURUSD – Japan pledging to eurozone’s debt… / EURUSD – …but technical picture still unfavorable for the euro / Events to watch – Greek tender and FOMC speakers.
10.01.2011 - XTB market snapshot
Labor market story – not bad, but… / USDJPY - Payrolls and the forex / EURUSD - Payrolls and the forex (2) / Events to watch – focus on inflation.
07.01.2011 - XTB market snapshot
Labor market story – is that a revival? / Payrolls and the forex / Payrolls and equities / Events to watch – payrolls and BB in Congress.
05.01.2011 - XTB market snapshot
Labor market story – key in 2011, attracting attention this week / Gold – on the crossroads / Events to watch – ADP, ISM services, fuel inventories.
04.01.2011 - XTB market snapshot
OIL, COPPER benefit from portfolio changes / ISM up / Wall Street higher… / USDJPY rebounding… / Events to watch – Fed’s minutes and UK’s PMI.
03.01.2011 - XTB market snapshot
Activity is back / US labor market key for the forex in 2011 / European debt crisis – franc, yen still strong / Events to watch – activity indices to start a heavy week.
31.12.2010 - XTB market snapshot
Surprisingly strong claims / Weak dollar, weaker euro / Events to watch – activity to get a boost on Monday.
30.12.2010 - XTB market snapshot
Chinese PMI slightly weaker / Yields retreat, exert a pressure on the dollar / Events to watch – US claims and Chicago PMI.
29.12.2010 - XTB market snapshot
USDJPY – currencies discount risks / US data – poor but yields on the rise / Events to watch – Swiss KOF.
28.12.2010 - XTB market snapshot
EURUSD – dollar losing in the Asian trade / USDJPY – mixed data from Japan / Events to watch – Conference Board.
27.12.2010 - XTB market snapshot
China hikes rates / EURUSD – euro gains, faces 1,32 / Events to watch – Japanese package.
22.12.2010 - XTB market snapshot
EURCHF – looking for the bottom / OIL – China allows higher fuel prices / Events to watch – final GDP, home sales, BoE minutes.
21.12.2010 - XTB market snapshot
EURUSD – the dollar declines in Asia / AUDUSD – RBA mildly restrictive / Events to watch – Canadian figures.
20.12.2010 - XTB market snapshot
US yields closely watched / PIIGS premiums still high / Events to watch – BoJ.
17.12.2010 - XTB market snapshot
EURUSD – ratings do not hurt, market awaits Ifo / Equity markets – Congress extends tax-cuts / Events to watch – German Ifo index.
16.12.2010 - XTB market snapshot
EURUSD – euro in troubles, dollar gains / US data, USDJPY – more of the good news / Events to watch – flash PMIs and the final US package.
15.12.2010 - XTB market snapshot
Fed fails to reverse a tide of rising yields / EURUSD – complicated picture / US data – strong sales, higher PPI, how about the CPI? / Events to watch – more data from US.
14.12.2010 - XTB market snapshot
EURUSD – out of declining patterns / Fed to defend QE2 / Events to watch – Fed, US sales and PPI, UK’s CPI .
13.12.2010 - XTB market snapshot
Chinese data neglected / Fed will look to tame a surge in market rates / Events to watch – Fed, US data, Ifo.
10.12.2010 - XTB market snapshot
Chinese trade volumes record high, market awaits inflation data / EURUSD – Fitch downgrades Ireland / US labor market – claims offer optimistic picture / Events to watch – US data and Chinese package.
09.12.2010 - XTB market snapshot
Strong data from Australia / USDJPY – US market yields rise again / Events to watch – US claims, BoE, Chinese data.
07.12.2010 - XTB market snapshot
Commodities – new highs on weak US data / EURUSD – Ecofin without new solutions / Events to watch – Irish vote, UK output, Canadian rates.
06.12.2010 - XTB market snapshot
Payrolls report – disappointing but… / Equity markets – remaining calm / EURUSD – dollar sold off after the report / Events to watch – RBA and Ireland.
03.12.2010 - XTB market snapshot
Payrolls report – market awaits strong numbers / Equity markets – S&P500 at ’10 highs / EURUSD – ECB made only short-lived noise / USDJPY – along the US market rates / Events to watch – payrolls reports in US and Canada, ISM services.
02.12.2010 - XTB market snapshot
US labor market around the corner? / EURUSD – looking elsewhere / Events to watch – ECB, claims, Spanish bond auction.
01.12.2010 - XTB market snapshot
Solid data from US and China / Equity markets – still in defense / EURUSD – the first target reached / Events to watch – US data, Portuguese auction.
30.11.2010 - XTB market snapshot
Ireland on the lines, Spain’s targeted / EURUSD – power of the third wave / Euro, Hungary hurt emerging Europe / Events to watch – US Conference Board, BB’s speach.
29.11.2010 - XTB market snapshot
Ireland gets the package… / …which is a good excuse to help the Greeks again / EURUSD – the package didn’t help much / Events to watch – Europe and full US calendar.
25.11.2010 - XTB market snapshot
Equity markets – German train (still) running fast / EURUSD – merely a pause / Events to watch – Thanksgiving day.
24.11.2010 - XTB market snapshot
EURUSD - Record Spanish 10y spread / Fed’s minutes show support for easing measures / Events to watch – Ifo and a range of the US data.
23.11.2010 - XTB market snapshot
Moody’s (back) in action / EURUSD – bears dominate again / Events to watch – European PMIs, US GDP and home sales.
22.11.2010 - XTB market snapshot
Ireland officially asks for aid / S&P lowers outlook for New Zeland / Events to watch – Ireland, Fed’s minutes, macro data.
19.11.2010 - XTB market snapshot
Bernanke presses China / Philly Fed surprisingly strong / Events to watch – ECB conference.
18.11.2010 - XTB market snapshot
Inflation (too) low, weak housing market / Ireland open for solutions / Events to watch – US Philly Fed, claims, UK retail sales.
17.11.2010 - XTB market snapshot
Ireland delays a solution / China might introduce price-caps / Events to watch – CPI and housing market in US, minutes and claimant count in UK.
16.11.2010 - XTB market snapshot
Yields rise, dollar gains / Strong sales, weak NY Fed / Events to watch – US output and PPI, CPI in UK.
10.11.2010 - XTB market snapshot
Dollar gains across the board / Chinese surplus rises… and so does reserve ratio / Events to watch – US data, Chinese data, UK inflation report
08.11.2010 - XTB market snapshot
Tensions ahead of G20 / EURUSD – dollar gains on the data… / GOLD – Zoellick likes the “Gold standard” / Events to watch – German industrial output.
05.11.2010 - XTB market snapshot
Equity markets – equities surges after the Dow breaks key resistance / Payrolls data – without the census effect / BoJ buying equities… / Events to watch – employment in the US and Canada
04.11.2010 - XTB market snapshot
The Fed – decision and implications / EURUSD – along the waves / USDJPY – still around lows / DJIA – testing the highs / Events to watch – BoE, EBC and claims.
03.11.2010 - XTB market snapshot
The Fed – when the balloon / Republicans take the House / Events to watch – Fed, ADP, ISM services.
02.11.2010 - XTB market snapshot
The Fed – final countdown / Equity markets – higher ISM and a double top / Higher rates in Asia / Events to watch – US midterm elections.
27.10.2010 - XTB market snapshot
Dow30 – fighting for candles / Data, S&P buoy the pound / Australia’s CPI hurts hike prospects, Aussie sinks / Events to watch – US data and earnings.
26.10.2010 - XTB market snapshot
BoE and fiscal cuts / Equity markets – first test unsuccessful / Events to watch – UK GDP, more earnings and BB.
25.10.2010 - XTB market snapshot
The dollar’s slide continues after G20 prelude / Equity markets – too good to fail / Events to watch – US GDP, more earnings and BB.
21.10.2010 - XTB market snapshot
G20 on currencies / Chinese data in line / Events to watch – US earnings and data.
20.10.2010 - XTB market snapshot
Equity markets – China hurts markets with a hike / EURUSD – dollar gains on the Chinese move / Events to watch – banking earnings, Chinese data.
19.10.2010 - XTB market snapshot
Equity markets – investors sell on solid results / EURUSD – H&S? / Events to watch – results, housing market and BoC.
18.10.2010 - XTB market snapshot
BB plays with fire… / …and holds the strings to EURUSD / Events to watch – US output and earnings.
15.10.2010 - XTB market snapshot
Equity markets – Google surges on strong report / Dollar per dollar / Events to watch – US data and Bernanke.
14.10.2010 - XTB market snapshot
Equity markets – results propel bulls, Dow Jones eyes ’10 highs / USDJPY – dollar’s sell-off continues / Events to watch – US data, Google.
13.10.2010 - XTB market snapshot
Equity markets – Intel upbeat, stocks inch up / EURUSD – Minutes reaffirmed expectations for a further expansion / Events to watch – JP Morgan, UK unemployment.
11.10.2010 - XTB market snapshot
Payrolls report – along the soft-patch / Equity markets – the season begins / Events to watch – earnings season and the Fed.
08.10.2010 - XTB market snapshot
Payrolls report – hard to expect an improvement / EURUSD – wave 4 or a profit taking? / Events to watch – employment in US and Canada.
07.10.2010 - XTB market snapshot
Equity markets – ADP lowest since January / AUDUSD – buoyant employment / EURUSD – Fitch didn’t hurt / Events to watch – central banks in Europe, claims in US, Alcoa.
06.10.2010 - Gold, central banks and the OIL bubble
A slight change of the Fed’s statement in September initiated a massive run away from the dollar. Yesterday’s BoJ decision to enter the easing war (basically, BoJ needs to ease more than the super-expansive Fed to ensure higher USDJPY rates) only fueled a search for alternatives to the dollar and the yen.
06.10.2010 - XTB market snapshot
EURUSD, EURJPY – euro gains on the easing war / Equity markets – ISM helps but it’s mostly central banks / Events to watch – ADP, US fuel inventories.
05.10.2010 - XTB market snapshot
AUDUSD – RBA comfortable with current rates / USDJPY – BoJ cuts rates / Equity markets – downgrades hurt sentiment / Events to watch – ISM services.
04.10.2010 - XTB market snapshot
Soft patch continues with a weaker ISM / EURUSD – market tests 1,3815 / Events to watch – payrolls and central banks.
01.10.2010 - XTB market snapshot
Equity markets – equities losing momentum despite bullish PMI / EURUSD – flirting with resistances / OIL – highest since May / Events to watch – activity indices, UM sentiment index.
29.09.2010 - XTB market snapshot
Solid data from Asia / EURUSD, USDJPY – the dollar still under pressure / Events to watch – KOF, more data from Asia.
28.09.2010 - XTB market snapshot
Equity markets – Sentiment remains sluggish / AUDUSD – time for profit-taking? / Events to watch – Conference Board, Case-Shiller, UK final GDP.
27.09.2010 - XTB market snapshot
US500, DE30 – Ifo, durables, propel a rally / EURUSD – half-way recovered / Events to watch – Conference Board, ISM, Japanese data.
24.09.2010 - XTB market snapshot
DE30, EURUSD – warning signals from Europe / USDJPY – BoJ back in action / Events to watch – Ifo, durables, new home sales.
23.09.2010 - XTB market snapshot
EURGBP – Bank of England considering a further expansion / EURUSD – highest in 5 months / Events to watch – claims, used home sales.
22.09.2010 - XTB market snapshot
Fed – “inflation mandate” reignites deflation talks / EURUSD – Augusts’ high within reach / USDJPY – limited gains of the yen / Equities – a moderate optimism / Events to watch – BoE minutes.
21.09.2010 - XTB market snapshot
EURCHF, EURUSD – Ireland places bonds, Greece and Spain - bills / Fed – changes more likely in November / Events to watch – Fed and housing data.
20.09.2010 - XTB market snapshot
USDJPY – Fed may provide an impulse / EURCHF, EURUSD – Irish speculations / Events to watch – RBA minutes kick start the calendar this week.
17.09.2010 - XTB market snapshot
EURCHF, EURUSD – SNB buoys euro / US macro – mixed data but stocks rally / USDJPY – 85,93 plays a key role / Events to watch – CPI and UM index in the US.
16.09.2010 - XTB market snapshot
US macro – NY Fed lowest in more than a year / USDJPY – so far so good / EURUSD – waiting for an impulse / Events to watch – US claims, Philly Fed and PPI, UK sales, SNB statement.
15.09.2010 - XTB market snapshot
USDJPY – Japanese intervene on the fx / EURUSD – up despite a downbeat data / GOLD – fresh historical highs / Events to watch – US output and activity, UK labor market.
14.09.2010 - XTB market snapshot
EURUSD – Basel helps euro and equities / USDJPY – Kan remains a PM / Events to watch – US sales, UK inflation, German ZEW.
10.09.2010 - XTB market snapshot
Equities – US data didn’t help / USDJPY – now its gov’s try / GOLD – falling star on a daily / Events to watch – Canadian payrolls and Chinese mystery.
09.09.2010 - XTB market snapshot
AUDUSD – buoyant labor market helps Aussie / USDCAD – BoC, PMI strengthen Loonie / Events to watch – claims, trade balance and BoE.
08.09.2010 - XTB market snapshot
USDJPY – verbal interventions (won’t make things better for the yen) / EURCHF – new historical lows / EURUSD – rebound from supports / Events to watch – output in Europe, rates and data in Canada, Beige Book and Australian employment.
07.09.2010 - XTB market snapshot
AUDUSD – RBA on hold, Labor party forms government / USDJPY – BoJ coldblooded / EURUSD – 1,2920 holds, pair in consolidation / Events to watch – US comeback.
06.09.2010 - XTB market snapshot
Equity markets – contrarians up for the second month? / EURCHF – Second weekly hammer / Events to watch – Monetary policy in Asia.
03.09.2010 - XTB market snapshot
Labor market – weak, but to what extent? / EURUSD – ECB turning hawkish / Events to watch – payrolls, ISM services.
02.09.2010 - XTB market snapshot
Equity markets – unexpected rise in the ISM / ADP – warning signals / EURUSD – in a consolidation / Events to watch – claims and central bankers.
01.09.2010 - XTB market snapshot
Equity markets – CB up, good news from Asia / EURCHF – moving lower / Events to watch – ISM, ADP.
31.08.2010 - XTB market snapshot
Global markets – fear of the data / USDJPY – consequences of failed intervention / EURUSD – 1,2588 holds a key / Events to watch – Conference Board, Fed’s minutes, Asian figures.
30.08.2010 - XTB market snapshot
Bernanke pledges to tackle deflation risks / BoJ in action / Week ahead – disappointments possible / Events to watch – US spending and income, Japanese PMI.
26.08.2010 - XTB market snapshot
US macro, US500 – more disappointments but equities hold supports / EURUSD – Ifo complicated a picture / EURCHF – a morning star formation / Events to watch – claims and just claims.
24.08.2010 - XTB market snapshot
No data, key answers / Yen gains, Nikkei on 16 month lows / EURUSD – 1,2730 confirmed / OIL – a decline continues / Events to watch – US home sales, Richmond index.
23.08.2010 - XTB market snapshot
US macro – claims beyond the GDP / EURCHF – The Swiss problem / EURUSD – downward formations / Events to watch – Hoenig today, BB on Friday.
20.08.2010 - XTB market snapshot
US macro – the worst in 2010 / EURUSD – mixed reactions / Events to watch – waiting for a close.
18.08.2010 - XTB market snapshot
Output on the rise… / …but housing still weak / Events to watch – minutes from BoE.
16.08.2010 - XTB market snapshot
Asia nervous after disappointing Japanese GDP / USDJPY – a retest still possible / EURUSD – a chance for a rebound / Events to watch – NY empire.
11.08.2010 - XTB market snapshot
Fed (back) at the printing press / Weaker data from China / Events to watch – UK’s inflation report, Australian employment.
10.08.2010 - XTB market snapshot
Pressure on the Fed / China’s strong exports and weaker imports / Events to watch – Fed and a Chinese package.
09.08.2010 - XTB market snapshot
Lackluster labor market didn’t hurt sentiment… / …because investors are looking at the Fed / Events to watch – Fed, sales, Chinese data and European GDP.
06.08.2010 - XTB market snapshot
Still (too) many unemployed / DE30 – Dax at new ’10 highs / Wheat – Russia ban exports, prices continue to soar / Events to watch – employment in the US, employment in Canada.
05.08.2010 - XTB market snapshot
ISMs not that bad / ECB, BoE still cautious / Events to watch – central banks, claims, German orders.
04.08.2010 - XTB market snapshot
Fed might continue bond purchases / OIL at the crossroads / Events to watch – back to the labor market.
03.08.2010 - XTB market snapshot
ISM down for the third month… / …but above expectations / EURUSD – above 38,2% retracement / Events to watch – room for a breath.
02.08.2010 - XTB market snapshot
Chicago PMI lifted sentiment, Chinese PMI didn’t hurt / EURUSD – bullish July, what next? / Events to watch – busy week starting with activity, Australian data.
30.07.2010 - XTB market snapshot
Bullard scares markets ahead of the GDP release / Events to watch – GDP, sentiment, Chicago PMI, Chinese PMIs.
29.07.2010 - XTB market snapshot
Slowdown confirmed / Euro holds up, Aussie may eye correction / Events to watch – claims, Japanese package.
28.08.2010 - XTB market snapshot
US might spend less… / …but China will do more / Cable shoots up, euro waits / Events to watch – orders in US, rates in New Zealand.
26.07.2010 - XTB market snapshot
Lowered expectations / Events to watch – New home sales.
12.07.2010 - XTB market snapshot
Alcoa starts the season / Forecasts more significant than earnings / A series of weak data about to be continued? / Good data from China.
09.07.2010 - XTB market snapshot
Sentiment improving ahead of the season / Asian banks lift rates / Events to watch – More figures from Canada.
08.07.2010 - The buy signal on Wall Street
Wall Street awaiting company results / Optimistic news from Australia / Better data from Germany support the European emerging
currencies.
07.07.2010 - XTB market snapshot
Sluggish ISM hits sentiment / EURUSD – failure at 1,2670 / Events to watch – Canadian PMI, Australian employment.
06.07.2010 - XTB market snapshot
US back from the long weekend / China buys Japanese bonds / Events to watch – US ISM services, Canadian permits.
05.07.2010 - XTB market snapshot
A room to take a breath / EURUSD – how much of a rebound? / AUDUSD – domestic data won’t help / Events to watch – US holiday, UK PMI, RBA meeting.
02.07.2010 - XTB market snapshot
Stocks shaky on more bad news from the US… / …while euro rebounds… / …sending gold down / Events to watch – payrolls, payrolls, payrolls.
01.07.2010 - XTB market snapshot
China cools down (again) / ADP amplifies fears, DJIA30 futures hit 2010 bottom / Events to watch – US ISM, claims.
30.06.2010 - XTB market snapshot
Double dip fears hit Wall Street / EURUSD shows resilience, Swiss franc gains / Events to watch – US ADP, Chinese PMI.
28.06.2010 - XTB market snapshot
G20 didn’t answer market worries / Waiting for the payrolls / Events to watch – US data, activity in Asia.
25.06.2010 - XTB market snapshot
US equities – 2010 lows on the horizon / G20 – disagreement won’t help markets / Events to watch – US final GDP, UM index.
24.06.2010 - XTB market snapshot
No impulse, no demand / EURUSD – Fed in no hurry mode, Italy placing bonds / Events to watch – claims, orders.
23.06.2010 - XTB market snapshot
The Fed won’t change the picture much.
22.06.2010 - XTB market snapshot
China: small step, not a leap / EURUSD – will the Ifo tumble? / Events to watch – Ifo, home sales, Spanish bills.
21.06.2010 - XTB market snapshot
China’s move on CNY…or a lack of a move? / EURUSD – two weeks of gains / Stock markets – too sanguine? / Events to watch – Fed and more talks on China
18.06.2010 - XTB market snapshot
Poor activity, more unemployed / Stock markets – bulls attack before the bell / Events to watch – tranquil Friday?
17.06.2010 - XTB market snapshot
Weak residential data / GBPUSD – Osborne announces supervision overhaul / Events to watch – US CPI, claims, Philly Fed, Spanish bonds auction.
16.06.2010 - XTB market snapshot
Half a million of jobs – how many in a private sector? / EURUSD – premiums on the (continuous) rise / Events to watch – payrolls in US and Canada.
10.06.2010 - XTB market snapshot
Good news from Asia / EURUSD – third day of advances / Events to watch – BoE, EBC, claims and more Chinese data.
08.06.2010 - XTB market snapshot
Bernanke remains upbeat / EURUSD – no turnaround yet / GOLD – feasting on troubles / Events to watch – German output.
07.06.2010 - XTB market snapshot
Shocking news from Hungary / US data didn’t help / Events to watch – retail sales, China and rates in New Zealand.
04.06.2010 - XTB market snapshot
Half a million of jobs – how many in a private sector? / EURUSD – premiums on the (continuous) rise / Events to watch – payrolls in US and Canada.
02.06.2010 - XTB market snapshot
US ISM provided only a short-lived relief for stocks, euro / No reaction to Hatoyama / EURGBP – the lowest in 18 months / Events to watch – Challenger, pending home sales.
01.06.2010 - XTB market snapshot
Chinese PMI dives, will the ISM herald troubles? / German president resigns unexpectedly / RBA on hold, BoC expected to move / Events to watch – activity, BoC, Australian GDP.
31.05.2010 - XTB market snapshot
Fitch downgrades Spain / Where’s half a million on jobs coming from? / Events to watch – short, intensive week.
28.05.2010 - XTB market snapshot
Zapatero’s bitter success / The US data disappointed but didn’t stop a rebound on equities / Yen down on improved market sentiment, mixed Japanese data / Events to watch – Chicago PMI, UM index.
27.05.2010 - XTB market snapshot
A rift in the Fed’s consensus? / A boost in home sales – temporary? / OIL back above 72 USD per barrel / Events to watch – weekly claims, US GDP.
26.05.2010 - XTB market snapshot
Conference Board highest since March 2008 / EURUSD – a chance for a double-bottom? / Korean government announces fx interventions / Events to watch – US durables and new home sales.
25.05.2010 - XTB market snapshot
Tensions on Korean Peninsula drag stock markets lower / EURUSD – back to the lows / OIL – no longer in the channel / Events to watch – Conference Board, preliminary UK GDP.
24.05.2010 - XTB market snapshot
How much of a rebound? / EURUSD – no hammer, no turnaround? / Events to watch – home sales and Conference Board.
21.05.2010 - XTB market snapshot
US initial claims added to the worries / Euro continues to advance, market speculates about the intervention / BoJ more upbeat but offering more liquidity at the same time / Events to watch – Ifo, Canadian figures.
20.05.2010 - XTB market snapshot
Bulls didn’t like short bans / Euro receives an unexpected lift from the US inflation / Aussie down, breaks out from the consolidation / Events to watch – Philly Fed, claims, BoJ.
18.05.2010 - XTB market snapshot
Markets take a breath but NY Fed worrying / Daily hammer-candle offers a relief for the euro / Aussie down on the RBA minutes / Events to watch – Inflation figures, ZEW, housing market.
17.05.2010 - XTB market snapshot
The 2008 low didn’t stop the freefall on the EURUSD / Stocks down on paper-growth story / Events to watch – US inflation, Ifo index.
14.05.2010 - XTB market snapshot
The euro at 2010 lows despite a rebound on the bond markets / DJIA retreats from a resistance, investors await retail sales figures / Events to watch – US macro package.
13.05.2010 - XTB market snapshot
Dow hits resistance on US exports, bullish IBM / AUD gains on the employment data / Is gold market overextended? / Events to watch – claims, Bernanke’s speech.
12.05.2010 - XTB market snapshot
Cameron at the helm, the pound regaining strength / SEC vague about the collapse, market speculates about the Morgan probe / Events to watch – EMU flash GDP, US trade balance and Australian employment.
11.05.2010 - XTB market snapshot
Reality check: EURUSD heading towards new lows? / Chinese banks keep lending / Brown to resign, the pound under pressure / Events to watch – UK manufacturing output.
10.05.2010 - XTB market snapshot
EMU leaders pull out the biggest guns / Euro rebounds, stocks on the rise / US economy on the recovery path / Events to watch – BoE, China.
07.05.2010 - XTB market snapshot
The day of the tumble / USDJPY sharply down, bounces up from 88,00 / Gold feasts on market fears / Events to watch – earthquake aftermath, payrolls.
05.05.2010 - XTB market snapshot
Spain under pressure, euro at new lows / Stocks deserved a retracement / Events to watch – ADP, ISM and debt auctions.
04.05.2010 - XTB market snapshot
RBA follows China with tightening / Euro down despite a progress towards the Greek aid / ISM lifts rates expectations / Events to watch – preparing for payrolls and UK elections.
29.04.2010 - XTB market snapshot
A tough decision for Germany / Fed stays put / 0,86 provides a solid support for EURGBP / BoJ might reassess economic perspectives / Events to watch - Waiting for Germany.
28.04.2010 - XTB market snapshot
Stocks trapped between results and restructuring fears / EURUSD down to new lows / Emerging currencies under pressure / Events to watch – Anyone noticing the Fed meeting?
26.04.2010 - XTB market snapshot
IMF coordinates aid, WS at new highs
Eurostat was a turning point last week, providing revised (upwards) figures on Greek debt and deficit and forcing the Greek government to surrender and officially ask for aid from previously negotiated package.
16.04.2010 - XTB market snapshot
If only the US labor market was recovering, the recovery picture would have been complete. But it isn’t. First regional activity measures for April suggest is remains firm, but weekly labor market data are deteriorating again.
01.04.2010 - XTB market snapshot
ADP clearly weak, reaction surprisingly mixed / EURUSD getting an unexpected boost from the European flash CPI / Swiss franc scores another record vs euro / Events to watch – activity and weekly claims.
26.03.2010 - XTB morning remarks
Weekly US initial claims show another sign of improvement, dropping to 442k – the lowest level in 7 weeks and 4th drop in the last 5 weeks. Why is that important?
22.03.2010 - The week ahead – the Fed doesn’t stop the dollar fr...
Despite the sanguine stance of the Fed, the dollar continues to advance versus European currencies. With little help for the euro on the horizon there is a chance for more.
08.03.2010 - The week ahead - Canada and Australia move faster
The US payrolls gave market a breath but the real employment story is taking place in Canada and Australia. In fact, as the euro is still out of fashion, AUD and CAD may be favorites among majors.
01.03.2010 - The week ahead – payrolls crucial for the markets
The first week of each months brings about some key macroeconomic figures from the US. This time, however, the payrolls report might exert above average pressure on the market as investors are worried about a momentum of the recovery.
22.02.2010 - The week ahead – Will Bernanke explain Fed’s surpri...
The second half of February was bound to finally bring some calm to financial markets after a very intensive start of the year. However, the Fed officials made effort to provide some attractions by (absolutely surprisingly) lifting the discount rate last Thursday. As the semi-annual speech of Bernanke to the Congress is approaching, investors will expect some explanations and clues for further steps.
15.02.2010 - The week ahead - Chinese holiday hike
After the first week of price increases on major stock exchanges in more than a month we face a relatively light calendar. China’s markets are off but the Chinese left investors elsewhere puzzled about an impact of the second rise in reserve requirements.
08.02.2010 - The week ahead - time for opportunity buying?
The last week brought about a continuation of a selloff on all major markets that is stocks, EURUSD and commodities. Especially a slide on the EURUSD is impressive. The question is – are we going to see a bottoming out?
01.02.2010 - The week ahead – Will the data help?
The US macroeconomic figures released on last Friday were upbeat. The GDP in the 4th quarter of 2009 expanded by impressive 5,7% (even if greatly helped by inventory rebuilding) and both Chicago PMI and University of Michigan sentiment index came at better than expected. Regardless of the good news, the Wall Street ended sharply lower. Will the figures about to be published this week help?
11.01.2010 - The week ahead - Investors await another pool of De...
The 2010 is about to be a year of recovery – at least that’s the prevailing expectation at the moment. The first week was indeed optimistic, encouraging stock market bulls to charge. Meanwhile, the rally on the dollar stalled on weaker payrolls figures. This week, investors are going to be focused on US macro data to be released on Thursday and Friday.
30.11.2009 - The week ahead – Dubai leaving a scene for payrolls...
Market’s reaction to last week’s revelations on Dubai brought about a nervous retracement on global markets. A sharp reaction on the gold market – a recent example of ample liquidity on financial markets, was a prelude to what might be in the pipeline. The question is – how soon? A solid portion of macro data may well feed the trend for another while a disappointment on Friday might recall a shadow of Dubai.
23.11.2009 - The week ahead - focus on the new home sales
Last week market sentiment was hurt by the surprisingly weak housing starts. The data were so important, because in October tax credits for home purchases were expected to be phased out by Nov 30. If this picture is confirmed by the figure on new home sales, a recent recovery on the housing market will be perceived as a temporary and government fueled.
09.11.2009 - The week ahead - Investors might look back at the d...
After an extremely intensive start of the month, investors are granted a few days of nearly empty calendar. As they look towards new peaks on EURUSD and major stock indices they might take a look back at released data.
02.11.2009 - The week ahead – ISM, Fed and payrolls
After a bearish end of October investors aren’t left with an empty calendar in the first days of the new month. Actually, the data and events scheduled for this week may decide on the sentiment in a longer perspective.
26.10.2009 - The week ahead – Britain under water, how about the...
A couple of months ago early indicators, especially PMI indices pointed to a vital recovery in the British economy. Despite those encouraging signs, Bank of England’s monetary council remained pessimistic and the GDP figures for the 3rd quarter confirm they had a point there. While the British GDP data caused a significant depreciation of the pound, their impact on broader market was marginal. The US GDP advanced release might be a different story.
19.10.2009 - The week ahead – could have been (much) worse
Investors reacted nervously to the announced loss of Bank of America (29 cents per share). What else is on the books of the banking giant (mis)led in the last couple of years by K.Lewis who left the bank in dishonor (and without a salary for this year). However, apart from this disappointment, the last week brought about mostly bullish news, far better than one would anticipate a mere half a year ago.
28.09.2009 - The week ahead – politics in the background of impo...
The past weekend was very intensive on the political front. G20 conclusions and German parliamentary elections may have important long term consequences but markets are so far focused on more short term indicators and on this front there is a lot pay attention to.
25.09.2009 - New home sales data may be crucial
Since the beginning of September stock markets were moving tirelessly upwards without a single retracement. An opportunity for a profit taking occurred yesterday and was provided by a relatively weak macroeconomic data.
24.09.2009 - The Fed does not aim at higher rates
The FOMC meeting this week was widely expected not just because it was a month and a half since the previous one. More importantly, it was just a week after the Chairman, Ben Bernanke announced that “the recession in the US economy very likely has ended”. Even if it was just a part of Q&A session after the speech, it could have a pronounced consequences for the US monetary policy and thus for the market. But it did not.
21.09.2009 - The week ahead – Bernanke announced the end of rece...
Investors looking at the markets in the last couple of weeks could have had asked themselves: Could it be any better? The last week was. The trademark of all the good surprises was the Bernanke’s speech last Tuesday. Bernanke was one of many speakers in the first anniversary of the collapse of Lehman Brothers, but among many general remarks investors grasped only this one: the US recession very likely has ended. Now, this is a very strong declaration, unthinkable just couple of months ago. It carries serious consequences for financial markets, even if they speculated in this direction in the last half of the year.
24.08.2009 - The week ahead – can stock markets return to pre-Le...
Despite the pessimistic start, the last week was very good for holders of long position in stocks and stock indices. The major US stock indices reached new highs of this year on strong US macroeconomic data (regional economic activities and used home sales) as well as exceptionally good initial activity readings (PMIs) from the eurozone.
17.08.2009 - The week ahead – the Japanese lost their nerves
The US data reported last week were mixed at best. The retail sales fell in monthly terms, confidence measured by the University of Michigan index slipped for the second month in a row, claims moved a notch higher and only the output data were slightly better than expected.
10.08.2009 - The week ahead – the market senses a hike
Last week the US president suggested that the worst was over when it comes to the recession in the economy. You can discuss with the president, you can discuss with the Noble prize winner Paul Krugman who said over the weekend that the US economy may be just on the brink of the recovery, but you can’t discuss with the data. And those are increasingly optimistic.
03.08.2009 - The week ahead – can the data deliver?
Another week started on a bullish tone, sending the futures on the S&P500 near 1000 points, EURUSD to medium term resistances and GBPUSD highest since early October 2008. Could it be different after an optimistic comment from Alan Greenspan who said during the weekend that the annualized growth rate in the third quarter in the US may not only be positive but as high as 2,5%. Yet the deciding factor for this week is not Greenspan but the US data for July.
29.06.2009 - The week ahead – a bar is moving higher
Even though Americans are enjoying a shorter week topped with a banking holiday on Friday, it will take some intensive trading for them (and the rest of the World along) beforehand. As the end of June meets the first three days of July, investors need to digest early indicators from all the major economies and June’s payrolls in the US, served on the very moment of Jean Claude Trichet’s speech after the ECB decides on rates on Thursday.
04.05.2009 - The week ahead – some positive signals
May started from another bunch of positive data after two bullish months on stock markets and to a significant extent on industrial commodities and emerging currencies. Friday’s ISM industrial activity and consumer sentiment in the US were far above expectations and delivered yet another increases, arming bulls with improving macroeconomic background. This happened on top of recently improved technical picture with S&P500 breaching trough a resistance at 875-880 (albeit not very decisively) and DAX30 above corresponding peaks of 4700. This has opened a perspective to this year’s highs of 941 and 5136 points respectively.
20.04.2009 - The week ahead – minimum targets achieved
Friday’s session on Wall Street ended with a (failed so far) test of what is a potential breaking point for the one and half month rally on stock markets, emerging currency markets and selected commodities (especially industrial metals).
30.03.2009 - The week ahead – More surprises needed
Last week investors were surprised by some better macroeconomic data from the US economy. The data had shown higher sales of homes (both used and new) and a rise in durable orders and further improved market sentiment.
19.01.2009 - The week ahead –Focus on earnings reports
The US economic data for December has been dire so far. Both retail sales and industrial output slumping by more than 2% from November, which has been already bad, unemployment hitting new highs and indicators like ISM pointing to no relief any time soon.
29.08.2008 - Stock Markets Weekly Brief
This past week brought hope that the situation on stock markets is stabilizing. Indices worldwide gained mostly after better than expected news from the U.S market. The whole world is watching what is going on in Georgia.
25.08.2008 - Economic weekly outlook
Last week did not bring nay important changes on financial markets. The U.S dollar and oil finished the week almost at the level they started the week.
18.08.2008 - Economic weekly outlook
We have interesting things going on the currency market. The Eurodollar has not been quoted so low since the end of February. How low can it go? This week’s macro publications should not be decisive but some will bring attention of investors.
30.07.2008 - Equities surge in the U.S and Asia
Despite increased risk aversion, stocks had a great day yesterday in American and Asia. It seems that Europe will follow this trend today.
28.07.2008 - Economic Weekly Outlook
In terms of macroeconomic publications, the upcoming week is vacation time. Only till Thursday since on Friday investors are waiting for the bomb – U.S labor market reports.
22.07.2008 - Quarterly reports of U.S firms move markets
European indices began Tuesday’s session in red. That is no surprise after yesterday’s bothering news from American companies (American Express, Texas Instruments, Apple, SanDisk) that were published after the session on Wall Street ended.
21.07.2008 - Economic weekly outlook
After last week’s vast amount of information, this week investors can catch their breath. Still, some reports can move the markets, especially the U.S housing market publications.
14.07.2008 - Economic weekly outlook – inflation data in the spo...
It is mid-summer and it is getting hot on the financial markets. The upcoming week is full of inflation reports. Those will decide on monetary policy of central banks so investors need to pay close attention to them.
07.07.2008 - Economic Weekly Outlook
Last week ended strongly on Thursday with the ECB interest rate statement and the U.S labor market report. The upcoming week will be much calmer and should not cause heart attacks of investors although certain reports and publications will be followed very thoroughly.
04.07.2008 - Stock Markets weekly brief
Global equities markets are in a tough situation. Declining indices and session finishing in red are not the best advertisement for stocks recently. The mood of investors is not good and it seems that this situation can last for some time.
30.06.2008 - Economic Weekly Outlook-U.S unemployment and ECB’s ...
The upcoming week will decide on the direction of the main currency pair in the world – the Eurodollar. The news investors are waiting for will be published on Thursday.
23.06.2008 - Economic Weekly Outlook
Investors were anxiously waiting for the upcoming week, especially for Wednesday’s decision of the Fed regarding interest rates. The market expects the American central bank to leave the federal funds rate unchanged at 2.00%. That would stop a series of interest rates decreases in the U.S. Inflation is a danger to the economy and it seems the Ben Bernanke finally noticed it. Also on Wednesday, the Polish Monetary Policy Council (MPC) will announce the new level of interest rates in Poland. Another decision than an interest rate hike by 25 basis points to 6.00% would be a big surprise.
16.06.2008 - Economic Weekly Outlook
Summer is approaching and is getting hot on financial markets. The upcoming week will certainly be interesting and news from the U.S will not be on the spotlight as usual.
11.06.2008 - Will the Fed hike interest rates?
Markets are closely listening to what chairmen of central banks have to say recently. Their words have great impact on what is currently going. The EURUSD dropped to 1.55 while at the beginning of the week it was quoted at 1.58.
09.06.2008 - Economic Weekly Outlook
After last Friday’s U.S labor market report, the fear of recession in America stroke back. Markets dropped and the dollar tumbled. How investors will react to the situation? The upcoming week can bring some answers since some interesting macroeconomic reports will be published.
02.06.2008 - Economic Weekly Outlook
We have not had such an exciting week ahead of us in a long time. We kick-off on Monday with the U.S ISM-Manufacturing report, which supposed to remain at the same level, still below 50 points (at 48.6) meaning a slowdown of the economy. Also, investors will pay attention to Jean-Claude Trichet, who is due to speak at the ECB's 10th Anniversary conference.
26.05.2008 - Economic Weekly Outlook
Monday should be very calm on financial markets. Investors are celebrating the Spring Bank Holiday in the UK and the Memorial Day in the U.S. Stock markets in those countries are closed for the day. The real trading will start on Tuesday and on that day investors will focus on the New Home Sales report from the U.S. Analysts expect a better reading, same as for the Existing Home Sales the previous Friday. Worth attention is also the consumer sentiment index compiled by the Conference Board.
19.05.2008 - Economic weekly outlook
Last week’s inflation reports moved currency and stock markets. The upcoming week should be as interesting as the previous one.
14.05.2008 - Low volatility on equities markets
The beginning of the week on stock equities markets can be described by one word - boring. Stock markets are in consolidation since the beginning of the week. There are no strong impulses that can move markets.
12.05.2008 - Economic weekly outlook
Now, when markets are slowly rebounding investors are following macroeconomic news with great attention. The week ahead of us will bring a bunch of inflation reports.
02.05.2008 - Is the US economy in a recovery period?
In the short term yes, and every week will be an answer whether this is just a corrective movement or is the Dollar finally in a strong comeback period.
29.04.2008 - Before the Fed
Investors bite their fingers waiting for the judges to assess their bets. The judges are the GDP and the payrolls data as well as the Fed and the bets are for the dollar to appreciate and the stock markets to rise.
21.04.2008 - The week ahead: still on earning reports
While on the macroeconomic front this week will be much more relaxed, investors still remain focused on earnings reports published by global corporations. Those include today’s Bank of America (expected eps 0,41 USD), tomorrow’s Yahoo (0,09 USD) and AT&T (0,74 USD), Glaxosmithkline and Boeing (1,35) on Wednesday, Microsoft (0,44) and Credit Suisse on Thursday and Ericsson (0,28) on Friday to name only the hottest. Among macroeconomic reports one should stay vigilant before the US homes sales (used on Tuesday and new on Thursday), as well as durable orders (also on Thursday).
14.04.2008 - The week ahead: inflation and other monthly reports
Retail sales figures for March in the US open what is going to be a really hot week on the macroeconomic front. While the sales (expected to slide by 0,6% m/m) is stalling on the tighter personal budgets, the inflationary threat remains in place and market awaits a rise in both consumer and producer prices (by 0,3% m/m and 0,6% m/m respectively).
09.04.2008 - Looking for the good news
Markets are relatively calm as we approach the second half of the week. Yesterday’s minutes did not influence nor stocks neither the forex in a significant way.
07.04.2008 - The week ahead: about rates - again
After another set of the weak US macroeconomic data, investors are focusing on a rate outlook again. Although the Fed will not meet this week, market is awaiting minutes from the last meeting, which are about to be published on Tuesday.
31.03.2008 - The week ahead – Is the US contracting?
This week on the financial markets should be really interesting. As investors look for at least vague symptoms of an improvement in the US economy they will look at this week activity indicators.
25.03.2008 - The week ahead – durables vs. Ifo
The US durable orders report is sometimes more important just like prices often change purely because of a sentiment on the market. Only because of a one-off surge in those orders in December, the 4th quarter GDP change was above the surface. While the GDP final estimate (due on Thursday) isn’t likely to have a major impact, the report on durables will indicate if we are about to see a drop in the GDP on April 30th when the advance data for the 2nt quarter is being released.
19.03.2008 - After the March Fed’s meeting - just enough
Yesterday the Fed decided to cut all interest rates by 75 bp. After this decision the main rate is at 2,25%, whooping 3 percentage points less then 8 months ago. What’s more, the discount rate (at which commercial banks may borrow directly from Fed) is at a mere 2,5% compared with 6,25% in August 2007. Even though 75 bp is definitely not a moderate adjustment, the markets were somewhat disappointed. The whole havoc around Bear Stearn’s problems and an eventual takeover by its competitor (JP Morgan) pushed market expectations to 100 bp. Therefore a corrective move on the EURUSD and other major currency pairs with the dollar seems understandable. Although a large part of this move has been already reversed, a probability of a slightly deeper correction is now higher. A potentially stronger support on the EURUSD lays around 1,5350.
11.03.2008 - On the verge
A bleak macroeconomic picture of the US economy translated promptly into red arrows on the stock markets around the globe. Despite slightly better data in Europe, markets clearly do not expect a decoupling scenario to materialize.
06.03.2008 - The US fares poorly, the EMU fares decently and the...
This week’s macroeconomic releases and central banks’ decisions paint a clearer picture of what is going on with economies in the developed world. The US still faces major problems as activity is clearly lacklustre. Although the ISM services rebounded from January’s dramatic reading, both indices (ISM manufacturing and services) are below the 50 points line, signalling contraction. Remarks from the Beige Book and the ADP employment report add to that gloom increasing a probability that the GDP in the first quarter may actually shrink for the first time since the third quarter of 2001. Therefore expectations for future rate cuts are ballooning with the market being already certain of a 75 bp cut in March
04.03.2008 - Currency & Stock Markets Weekly Outlook
The week ahead of us will bring news that investors were waiting for. Not only the U.S labor market reports are on the spotlight, but this week can be called “the week of central banks”.
29.02.2008 - Stock Markets Weekly Brief: February goes under the...
If you look at the Japanese yen, you get a very good picture of mood on the stock markets at the end of February. Japanese currency is at its 3 year maximum to the US dollar reflecting high risk aversion, sparked by the combination of poor results of some financial companies (like AIG or UBS) and Ben Bernanke’s remarks of possible defaults among smaller banks. In the effect indices across Western Europe are roughly 1,5% down on the week and the US indices are likely to post a weekly loss too. That also means that the whole February brought about another dip in the stock indices, making another wave of sellout more likely.
25.02.2008 - Currency & Stock Markets Weekly Outlook
The upcoming week will be rich in macroeconomic publications. The most important will be published of course in the United States, but investors should not underestimate the reports being published in the Euro zone.
22.02.2008 - Volatile moods
Hopes confronted with a harsh reality – this is the picture of global stock markets since December at the very least. Last week wasn’t any different. Minutes from Fed’s meeting in January sparkled a short-lived optimism which helped deliver a small rally on Wall Street and major European markets, but weak macroeconomic releases suppressed any significant gains.
21.02.2008 - Fed minutes and cut expectations - market sure of a...
Cheaper credit will not solve all the underlying problems of the US economy (actually it may breed as many), but markets like low interest rates. Unsurprisingly then, they reacted with a lot of optimism to the latest Fed’s minutes confirming that a decisive action on the monetary front is needed – even if it will be soon reversed. At this moment, another 50 bp cut on the next meeting (March 18th) looks more than certain, leaving the target rate at a mere 2,5%. Consequently, stock markets moved up and the euro is fighting again to make it above November’s 1,4965 to the dollar.
18.02.2008 - Currency & Stock Markets Weekly Outlook
Last week was rather poor in macroeconomic reports but those that were published moved the markets. The upcoming week can be similar.
14.02.2008 - Asian stocks rally
Asian stocks rallied as Japan’s economy grew faster than expected.
13.02.2008 - Better times? No recession?
Surprisingly, retail sales in the United States increased by 0.3% in January as American citizens spent more on cars, gasoline and clothes.
08.02.2008 - Stock Markets Weekly Brief
Worse economic outlook for the global economy is pushing stock indices down. Again, on this week’s performance of equities decided news from the United States.
06.02.2008 - What does the weak ISM mean?
Yesterday, financial markets where shocked by the ISM non-manufacturing report. Not only was it released one hour before the plan (which in the US is very rare), but it heralded painful contraction.
04.02.2008 - Currency & Stock Markets Weekly Outlook
Last week certainly was nervous to investors. Who could expect the nonfarm payrolls report reading at -17K? The upcoming week will not be as exciting as the previous one, but a couple of important reports will be published.
01.02.2008 - Stock Markets Weekly Brief
Stock markets keep rebounding. Another impulse came from the FOMC decision, which decided to cut the federal funds rate by 50 basis points. Interest rates in the U.S declined to 3.00% right now
28.01.2008 - Currency and Stock Markets Weekly Outlook
We have a very interesting week ahead of us in the financial world. Various macroeconomic reports will be published that can affect both the currency and equities markets.
25.01.2008 - Stock Markets Weekly Brief - Week of change
Change and equity markets cannot be separated. However too high volatility (which represents change in share prices) means market nervousness and a failure to accurately price traded assets. Such a week of big changes is left behind us.
22.01.2008 - Currency and Stock Markets Weekly Outlook
The upcoming week will be relatively calm in terms of macroeconomic publications. Those that can affect markets will be published towards the end of the week. Stock markets are performing really poorly since the beginning of the year and investors are waiting for any signs of improvement.
18.01.2008 - Stock Markets Weekly Brief
What a great week on the equities markets! Of course, for short sellers. Indices worldwide suffered for another week and investors along with them.
14.01.2008 - Currency and Stock Markets Weekly Outlook
The upcoming week will bring important macroeconomic information that can help the Fed decide on interest rates in the U.S.
11.01.2008 - Stock Markets Weekly Brief
After a steep decline at mid-week American indices rebounded. European stock markets, including the Warsaw Stock Exchange, were not so lucky and kept decreasing till the end of the week.
07.01.2008 - Currency and Stock Markets Weekly Outlook
Investors should be slowly forgetting about the holidays. This upcoming week a bunch of crucial macroeconomic reports will be published that can affect financial markets.
04.01.2008 - Stock Markets Weekly Brief
It was another bad week for investors. Uncertainty about future economic growth caused an outflow of funds from the equities markets.
28.12.2007 - Stock Markets Weekly Brief
Trading resumed after Christmas break but investors cannot be happy with the performance of equities. Indices in the US lost ground as news from the American manufacturing sector.
27.12.2007 - Stock and Currency Markets Weekly Outlook - Sailing...
During the last week of the year markets can be characterized by one word - stable. Investors are waiting for the end of the year and probably markets will move with the start of 2008.
17.12.2007 - Currency and Stock Markets Weekly Outlook
Last week’s decision of the FOMC to cut interest rates by 25 basis points caused equities markets to tumble. This week there are a couple of reports that investor will need to pay attention to.
14.12.2007 - Stock Markets Weekly Brief
This past week was not good for stockholders. Despite an interest rate cut in the US, indices worldwide ended the week in red, including the Polish WIG 20.
10.12.2007 - Currency and Stock Markets Weekly Outlook
This upcoming week investors are waiting for one information – the FOMC decision regarding interest rates in the US. The announcement, if it will differ from forecasts, will certainly move the currency and stock markets.
07.12.2007 - Stock Markets Weekly Brief - Another week in good m...
Another wave of positive sentiment this week means that there is a good chance for the December to be finished in green colours. Even though payrolls were weaker than the ADP report (released on Wednesday), and the Paulson plan may not be such a miracle, overall picture is slightly positive. This proved enough for investors to accumulate stocks puling main indices beyond the half way between November’s lows and October’s peaks. Investors slowly tend to believe that the worst of the subprime meltdown is behind and that the economic growth worldwide will not be that sluggish after all.
03.12.2007 - Currency and Stock Markets Weekly Outlook
The upcoming week can be called the “week of central banks”. Interest rate announcements will be published by central banks all around the world. As usual, investors are impatiently awaiting for the first Friday of the month – the US nonfarm payrolls report.
30.11.2007 - Stock Markets Weekly Brief
Finally, investors got some relief on the equities markets. Major global indices gained mainly due to news from the US. The WIG 20 ended the week where it started.
30.11.2007 - Possible interest rate cut in the US
During yesterday’s speech, Ben Bernanke said that a possible economic slowdown in the US might cause the Federal Open Market Committee to lower interest rates.
27.11.2007 - Currency and Stock Markets Weekly Outlook
Publications regarding the US housing market will on the spotlight the upcoming week. In Poland investors will get to know the new level of interest rates on Wednesday.
23.11.2007 - Stock Markets Weekly Brief
Equities worldwide did not perform well this past week even though the trading week was shorter in the United States. Major indices lost ground while surprisingly the Polish WIG20 gained over 1.0%.
19.11.2007 - Stock and Currency Markets Weekly Outlook
The upcoming week will bring us just a couple of interesting macroeconomic publications. Investors will focus on Tuesday’s FOMC minutes from their last meeting.
16.11.2007 - Stock Markets Weekly Brief
This past week risk aversion of investors dictated the moves of American indices. Stock markets worldwide followed the US with the WIG20 declining over 2.0%.
12.11.2007 - Stock and Currency Markets Weekly Outlook
Last week brought us the decision of central banks regarding interest rates. This week we will get to know the level of inflation in the major economies in the world.
09.11.2007 - Stock Markets Weekly Brief
This past week was not good for investors. The major indices kept falling while confidence of investors declined pushing indices down. The WIG20 lost over 5%.
06.11.2007 - Currency and Stock Markets Weekly Outlook
The upcoming week is not going to be as exciting as the previous one although there are a couple of interesting macroeconomic publication including the announcements of interest rates in the Euro zone and the United Kingdom.
02.11.2007 - Stock Markets Weekly Brief
Stock markets are encountering major falls all around the globe. This can be seen on all the major U.S Indices and what comes with this, falls on European and Asian Indices
31.10.2007 - MPC leaves interest rate in Poland unchanged
The Polish Monetary Policy Council (MPC) kept interest rates in Poland at 4.75%. Such decision was expected by the market.
30.10.2007 - Currency and Stock Markets Weekly Outlook
This week is going to be very important for the currency and equities markets. As usual, the first Friday of the month will bring us the US labor market data. Investors attention will be focused on the interest rate announcement in the US and Poland.
26.10.2007 - Stock Markets Weekly Brief
Stock markets experienced big swings during the last week. The major reason for such volatility were the macroeconomic publications from the US and investors confidence. Polish investors were expecting much from last Sunday’s elections, which were won by the Civic Platform.
22.10.2007 - Currency and Stock Markets Weekly Outlook
The upcoming week we will learn how low the American dollar can go. News from the US housing markets will be published and forecasts do not look good. Investors in Poland wonder if the elections will help the market.
19.10.2007 - Stock Markets Weekly Brief
Stock markets around the world did not treat investors nicely the whole week. Major indices lost ground, including the WIG20.
17.10.2007 - Short-term investing in mutual funds – is it worth ...
Mutual funds are still the most popular way of investing among Poles. Inflow of funds into mutual funds for the month of September amounted to zł.1.7 billion proving that despite the short crisis in August (net inflows of zł.370 million), Polish investors still love this kind of investment.
15.10.2007 - Currency and Stock Markets Weekly Outlook
The upcoming will tell us about the shape of the global economy. Macroeconomic publications that can affect global markets will be published. A couple of reports describing the Polish economy may affect the Złoty and the WIG20.
12.10.2007 - Weekly Stock Markets Brief
It was a good week for the equities markets. Improving mood of investors caused them to go shopping and indices increased. On Thursday a series of worse-than-expected quarterly reports of US companies brought American indices down. The Warsaw Stock Exchange’s WIG20 gained over 3.50% during the course of the week.
10.10.2007 - Mutual funds forecast for the IV quarter
In the third quarter of 2007 the mutual funds market experienced a small crisis in Poland.
09.10.2007 - Weekly Currency and Stock Markets Outlook
The upcoming week should prove that the global economy is slowly recovering from the US mortgage crisis. Warsaw Stock Exchange’s WIG20 shoot up in the morning to over 3,800.
05.10.2007 - Weekly Stock Markets Brief
Global equities markets remained pretty stable this past week taking into account the couple of important macroeconomic publications. Surprisingly, the Warsaw Stock Exchange’s benchmark index, the WIG 20, gained over 3.50% over the course of the week.
01.10.2007 - Stock and Currency Markets Weekly Outlook
The upcoming week will bring important macroeconomic information. The world will be focused on the interest rates announcements by the European Central Bank and the Bank of England, and the US labor market publications. Investors in Poland, since no macro data will be published, will follow worldwide news.
28.09.2007 - Stock Markets Weekly Brief
The previous week brought big swings of the major indices. One week after the Fed cut the federal funds rate brought a series of macro publications that affected the global markets. The WIG 20, opposite to US markets, declined.
27.09.2007 - Hang Seng Index brakes the 27,000 level
Speculations that the US will cut interest rates one more time lifted Asian stocks. Hong Kong’s Hange Seng reached an all-time high surpassing 27,000.
25.09.2007 - Surging prices of commodities lift Asian stocks
Increasing prices of metals like zinc and copper, caused shares of Asian companies to rally. The biggest gainers included commodity-related shares.
24.09.2007 - Stock and Currency Markets Weekly Outlook
The week ahead of us will certainly bring some important macroeconomic publications that can affect the world markets. The Polish WIG 20, which experienced big swings throughout Friday, opened the week at 3,780 on Monday morning.
21.09.2007 - Weekly Stock Markets Brief by Adam Narczewski
It was a great week for the stock markets all around the world. The long awaited Federal Open Market Committee’s (FOMC) decision to cut interest rates in the US brought optimism back on the equities markets. The bigest winners were among the emerging markets including the WSE.
19.09.2007 - Equities worldwide rally after FOMC decision
The Federal Open Market Committee (FOMC) decided yesterday to cut the federal funds rate by 50 basis points to 4.75%. Such decision was a surprise to the market since most analysts expected a 25 basis points interest rate cut. Stocks all around the world gained on the announcement. The Polish blue-chip index, the WIG 20, opened over 2.0% higher than yesterday’s closing level.
18.09.2007 - FOMC decision on the spotlight
The judgement day has come. Today, the Federal Open Market Committee (FOMC) will decide on the level of interest rates in the United States. The global markets will dance to the music the FOMC will play.
17.09.2007 - Currency and Stock Markets Weekly Outlook
The upcoming week will decide on the near future of the equities and currency global markets. Attention of investors is focused on Tuesday’s US central bank decision regarding the level of interest rates in the US. The WIG20, the Polish blue-chip index, already attacked the 3,648 resistance level to retreat to 3,631.
14.9.2007 - Stock Markets Weekly
Expectations that the Federal Reserve System will cut interest rates lifted American indices. The Polish WIG20, as well as all major European indices, followed that trend.
13.09.2007 - US equities decline on lower profit forecasts
Indices in the United States declined after major companies reduced their sales forecasts. Higher oil prices are lifting shares of companies in the energy sector.
12.09.2007 - Nikkei 225 declines after Japan's Prime Minister re...
The biggest Asian mining and petroleum companies gained after copper and crude oil prices jumped. Equities in Japan declined after the resignation of Japan’s Prime Minister, Shinzo Abe.
11.09.2007 - Warsaw Stock Exchange Daily Brief
After four sessions in a row ending in red, today was a bright day for investors. On Tuesday, all WSE indices increased.
10.07.2007 - Stock Markets and Currency Weekly Outlook
The upcoming week will be nervous for investors. Markets around the world are waiting for Fed’s decision regarding interest rates. The Polish WIG 20 dramatically declined after the non-farm payrolls report in the US was published.
07.09.2007 - Weekly Stock Markets Brief
Concern regarding the US housing market was back on the global equities markets. The path established by global indices is clearly followed by the Warsaw Stock Exchange (WSE).
05.09.2007 - Daily Stock Markets Brief
With US investors back in the game, confidence evaporated and stock worldwide declined. Polish investors reacted as usual to news from the United States. The WIG 20 declined from 3,643 to 3,562 (a 2.0% decline).
04.09.2007 - Asian stocks decline on Japan’s growth concern
Threat that the Japanese economy, the second-biggest in the world, will slow down caused Asian equities to fall.
03.09.2007 - Daily Currency and Stock Markets Brief
Monday was a rather calm day on both the currencies and equities markets. The lack of activity of American investors due to the Labor Day holiday caused really small movements of the main indices and currency pairs.
03.09.2007 - Weekly Currency and Stock Markets Outlook
The upcoming week should answer some questions regarding the global economy, with special focus on the United States. American investors start the week with a day-off due to the Labor Day holiday.
31.08.2007 - Stock Markets Weekly Brief
This past week showed proved to investors again how the world markets depend on the American economy. Investors in Poland get thrilled with the launch of the New Connect market and arrests of prominent figures.
30.08.2007 - Japanese equities rebound
Stocks in Japan rallied after positive profits outlook in the technology sector and on speculations that the US Federal Open Market Committee (FOMC) will decrease the federal funds rate on September 18th.
29.08.2007 - Stocks on Wall Street fall
Tuesday’s session on Wall Street ended in red. The major indices declined on worse performance of financial equities and on expectations for the release of the Federal Open Market Committee minutes.
