Trading news

Weekly outlook

The Week Ahead: Fed, ECB, BoJ rate meetings; Tesco results

Read our preview of the major economic and company events taking place in the week commencing Monday 12 June 2023, and view our earnings calendar.

Market update

Higher European open expected as Chinese PPI slips to a 7-year low

A 261k weekly jobless claims print, the highest since October 2021 appears to have been all it took to push US markets higher on the day

Market update

Rising yields keep stock markets subdued

We saw another cautious day for European markets yesterday with little in the way of overall direction, after China exports for May plunged by -7.5% raising concerns about the outlook.

Market update

European markets tread water as the Bank of Canada hikes rates by 25bps

It’s been another cautious day for European markets with little in the way of overall direction, opening lower after exports in China plunged by -7.5% in May

Forex

Are the euro and pound preparing for modest bounces?

The euro and the pound could rise against the US dollar over the coming week, but consolidation ranges are the key point for traders to be aware of, according to analysts at Trading on the Mark.

Market update

Could Bank of Canada follow the RBA and hike rates?

European markets managed to eke out a positive session yesterday, despite some disappointing economic numbers, and an unexpected rate hike from the RBA,

Market update

European markets edge higher despite poor German factory orders, RBA rate hike

It’s been a lacklustre trading session for European markets with higher rates and disappointing economic data weighing on sentiment throughout the day, although we are edging higher into the close.

Market update

European stocks set for flat open as RBA raises rates again

European markets got off to a negative start to the week as the effects of the Friday US employment report rebound were tempered by a disappointing ISM services report

Market update

Saudi oil cut sees oil prices hit one-month highs

European markets have got off to a slow start to the week with little in the way of positive catalysts, weighing on the DAX and CAC40.