Indiscriminate selling across the board for stocks

Another day of carnage seen in global stocks while US dollar and the JPY benefited from the current rout of risk-off.

29 Oct 2020

Lockdowns, event risk, send shares tumbling

European and US share markets indices fell 3% to 4% overnight as Germany and France headed towards renewed virus containment measures. The resurgence of Covid-19 is undermining the investor confidence that lifter share markets from their March lows. The risks are heightened as market face key data releases, central bank decisions, Brexit negotiations and the US election over the coming trading days.

29 Oct 2020

JPY strength & weak stocks; a potential major risk-off ?

Another wobbly session for US stocks with JPY gaining strength.

28 Oct 2020

Stocks tumble as health woes intensify, dollar rallies

European stocks have endured a brutal wave of selling today as coronavirus concerns prompted dealers to dump stocks.

29 Oct 2020

FTSE100 falls to lowest levels since April on Lockdown 2 fears

Any prospect that we might see some form of turnaround Tuesday yesterday proved to be fairly short-lived as markets in the US and Europe fell for the second day in a row.

28 Oct 2020

Mood remains cautious amid health crisis

The health crisis was again at the forefront of traders’ minds yesterday, and European stocks suffered.

28 Oct 2020

Tech stocks defy downswing

Shares in Europe and the US fell again overnight as investors confronted macro and micro concerns. The exception was tech stocks, with the Nasdaq index one of the only gainers over the last 24 hours, helped by a US $35 billion bid for Xilinx. Bonds were the major beneficiary as they continued to bounce back from last week’s sell off.

28 Oct 2020

Europe hit by health woes again, oil rebounds

European stock markets sold off again as worries about the health crisis have become more entrenched.

28 Oct 2020

HSBC, Santander beat on Q3 profit, European stocks struggle

After the worst session for US stocks in over a month and a similarly negative open for markets in Europe yesterday, today's European session has got off to a slightly rocky start.

27 Oct 2020

Will the BP share price be boosted after return to profit?

BP avoided their first quarterly back-to-back loss in a decade, with net profit of $86m in Q3

27 Oct 2020

Europe set for small recovery

Traders were in risk-off mode yesterday as the deteriorating health crisis and the ramping up of restrictions weighed on market sentiment.

27 Oct 2020

Carnage seen in US stocks while Asia outperformed

European and US stocks caught the risk-off bug yesterday, while Asian stocks outperformed today with impending Ant IPO.

27 Oct 2020

Sentiment sours as infections soar

Record levels of new Covid-19 infections in parts of Europe and the US rattled markets overnight. Stocks slumped and bonds rose as investors re-calibrated growth expectations as new containment measures become increasingly likely. Oil and copper fell, despite the possibility that planning at China’s plenum this week may bring support for key commodities.

27 Oct 2020

Health woes hammer stocks, SAP gets smacked

Stock markets in Europe have been rocked by the jump in Covid-19 cases, and the stricter restrictions are a factor too.

27 Oct 2020

European markets slide on second lockdown concerns, FTSE 100 outperforms

After a weekend of fresh headlines about surging infection rates across Europe, partial lockdowns and curfews in Italy and Spain, European markets have fallen this morning.

26 Oct 2020

Bearish sentiment rises due to health concerns

Stock markets in Europe enjoyed a bullish run on Friday thanks to the news that Gilead Science’s drug, Remdesivir, received approval from the FDA as a treatment for Covid-19.

26 Oct 2020