Analytical reviews of the Forex market

09.02.2021 07:02

Democrats are whipping markets to new highs

Information and Analytical Department of Espero

Bulls take the upper hand at the beginning of the week whipped by the new U.S. administration and Democrats. All the tricks are performed to drive markets to new all-time highs. Those tricks are from Democrats’ legal deceptions to turn flunk the Republicans in large $1.9 trillion relief bill voting to hanky-panky with U.S. labor statistics where unemployment at 6.3% in January was claimed to be a weak result. So, everything is used just to push the large relief bill through the Congress.

09.02.2021 07:02

Democrats are whipping markets to new highs

Information and Analytical Department of Espero

05.02.2021 08:02

U.S. Non-Farm Payrolls may be better than expected

Information and Analytical Department of Espero

Markets came fragmented just before the Non-Farm Payrolls report due to be released on Friday. Stocks are rising along with a strengthening U.S. Dollar. The safe haven role of the Dollar was revised as investors are assured the $1.9 trillion relief bill would pass. U.S. Treasuries yields resumed climbing, from 1.11% to 1.15%, rising chances for a tight monetary policy from the Fed to arrive earlier than expected 2023 deadline. U.S. stock markets turned positive reclaiming losses of the previous week.

02.02.2021 08:02

Stock markets are lulling into complacency ahead of Non-Farm Payrolls

Information and Analytical Department of Espero

Almost ideal beginning of a new trading week. European stock indexes are in the safely trading in the green zone. U.S. stock indexes managed to override the downturn of the last week, bouncing by 1% up from Friday lows. Gold and crude prices are up by 0.9%. It seem like a good time to relax and expect a good green week ahead of us. However, it is too early to be lulled into complacency as we might have a “Monday” before U.S. Non-Farm Payrolls due to be released this Friday.

29.01.2021 08:01

Retail traders on a massacre raid on Wall Street

Information and Analytical Department of Espero

Retail traders that were usually treated as punching bag at Wall Street now became almost a deadly power for hedge funds, making a short squeeze chaos in the market. WallStreetBets and SatoshiStreetBets Reddit groups’ four million followers are attacking shorts of institutional investors making them suffer. Some hedge funds have lost billions of dollars in a short squeeze massacre against the crowd. The brightest example were GameStop (GME), an ordinary gaming and game consoles offline store. Its shares skyrocketed by more than 1500% in two weeks making it a number one by share in U.S.

26.01.2021 08:01

High-tech stocks are craning U.S. stock market up

Information and Analytical Department of Espero

This week is going to be difficult for the markets as major indices showed at the beginning of the week. European indices dropped by 0.7% in average on Monday, U.S. 10-year Treasuries yields declined by more than 4% while only U.S. stock indices managed to stay on the positive territory with a help of high-tech companies. But we have admit that the rise in some tech majors like Apple with 3.6%, Microsoft – by 1% and Tesla – by 4% may look like a false start as they will report their quarter earnings only on Wednesday.

22.01.2021 08:01

Markets are ready for a correction

Information and Analytical Department of Espero

A vibrant trading week is ending with PMI indicators remaining to close it. We have witnessed inauguration of a new President of the United States Joe Biden, new highs of stock indices, brilliant Netflix earnings report, demure ECB meeting statement amid worsening pandemic situation in Europe. Today traders will focus on the business activity expectations, known as Purchasing Managers’ Index or PMI for six major economies – Eurozone, the United Kingdom and the United States following already released data for Japan, Australia and New Zealand.

19.01.2021 08:01

Markets are struggling to remain on the upside track

Information and Analytical Department of Espero

The new trading week began with uncertainty as many political events are going to rock markets. Treasury Secretary Nominee Janet Yellen is going to testify on Capitol Hill on Tuesday, inauguration of President elect Joe Biden will commence on Wednesday, European Central Bank would elaborate its monetary policy on Thursday, and PMI indicators for January in major economies will be published on Friday. All these events are of paramount importance for markets.

15.01.2021 08:01

Markets are mixed waiting for Joe Biden's inauguration

Information and Analytical Department of Espero

Markets are closing this week in a mixed manner. European stock indices are generally unchanged with German DAX up by 0.27%, British FTSE100 down by 0.93%. U.S. stock indices are slightly better with the S&P 500 broad market index, Dow Jones and High-Tech Nasdaq up by 0.5% in average. Unexpected closing considering the inspiration that investors had in the beginning of this week after U.S. President-elect Joe Biden announced new multi-trillion relief plan. However, some negative factors has offset that positive sentiment.

12.01.2021 08:01

Greenback strikes back as U.S. debt recovers glamourous shine

Information and Analytical Department of Espero

The start of the second trading week of 2021 became nervous as some difficulties in approval of new Biden’s multitrillion-stimulus plan emerged in the U.S. Senate. The impeachment plan endorsed by Democrats became a sticking point in the bipartisan government that may finally cause a quarrel between two parties. Moreover, stocks of the leading social networks like Twitter and Facebook fell under pressure after a ban on the sitting U.S. President Donald Trump accounts at least for his remainder in the White House after accusation of encouraging insurrection made by the President.