Europe update – Trump warning, oil, gold, bitcoin

Brace Yourself! Safe to say, it’s been a torrid start to the decade, as evidenced by the Dow’s worst first quarter performance ever, and European stocks are continuing that trend on the first day of Q2. It’s been a much more encouraging week or so in financial markets, with equities around the world rebounding off […]

Europe update – Trump warning, oil, gold, bitcoin

Brace Yourself! Safe to say, it’s been a torrid start to the decade, as evidenced by the Dow’s worst first quarter performance ever, and European stocks are continuing that trend on the first day of Q2. It’s been a much more encouraging week or so in financial markets, with equities around the world rebounding off […]

Europe open – COVID optimism, oil, gold, bitcoin

Is the Market Rebound Premature? It’s been an incredibly turbulent month for financial markets but the last week has given investors much to be optimistic about, with stocks in positive territory again on Tuesday. Source – Thomson Reuters Eikon It’s still early days and I am not at all convinced we’ve bottomed yet but five positive […]

Europe open – COVID-19, PBOC, oil, gold, bitcoin

Markets back in the red The usual Monday morning sell-off has been less severe than we’ve seen in recent weeks, although Europe has been moving deeper into the red in early trade after a relatively unchanged open so that may change quickly. Source – Thomson Reuters Eikon Asia wasn’t so lucky but then, there was some […]

GBP slides as Boris tests positive for COVID-19

GBP slides as Boris tests positive for COVID-19 Sterling slid on Friday after UK Prime Minister Boris Johnson tested positive for coronavirus, although Number 10 was keen to stress that he’s only experiencing mild symptoms. I’m not quite sure why the positive test result warranted such a move in the currency, it’s just another reminder […]

European open – US COVID-19, oil, gold, bitcoin

Fun while it lasted Rallies don’t last forever and clearly investors are happy to call time on this one as we head into another uncertain weekend. Source – Thomson Reuters Eikon The last three Monday’s have all been relatively heavy down days, producing an average decline of 5.16% in the FTSE 100. We may have had […]

Europe open – Jobless claims, oil, gold, bitcoin

Encouraging week but bottom may still lie ahead Stock markets are back in the red on Thursday but there is a feeling of calm currently, with the losses being seen very much in comfortable territory compared to what we’ve seen at times over the last month. Source – Thomson Reuters Eikon The decline also follows two […]

Europe open – Stimulus, Italy, oil, gold, bitcoin

US stimulus provides temporary relief Europe got off to a strong start again on Wednesday after the US Senate agreed a $2 trillion stimulus package to deal with the economic consequences of the coronavirus. This comes as Trump stressed his desire to have the economy up and running again by Easter, once again giving the […]