TAG Market Pulse

I’m a believer

I’m a believer The promising US Retail sales data left a resound footprint on global markets as US consumers are loosening their purse strings, but perhaps more important from an investor perspective, the data speaks directly and plainly while providing a linear gauge of the trickle-down effects from fiscal stimulus. Indeed, green shoots start to…

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DAX Trading Sideways after Eurozone, Germany GDP

The DAX continues to trade quietly this week. In the Tuesday session, the DAX is at 12,991 points, up 0.10% on the day. On the release front, German Preliminary GDP came in at 0.3%, close to the forecast of 0.4%. Eurozone GDP came in at 0.4%, matching the forecast. German ZEW Economic Sentiment came in at -8.2,…

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China Data Flash

10:00*(CN) CHINA APR INDUSTRIAL PRODUCTION Y/Y: 7.0% V 6.4%E; YTD Y/Y: % V 6.7%E– Source TradeTheNews.com 10:00(CN) China Apr Fixed Assets Urban YTD y/y: 7.0% v 7.4%e– Source TradeTheNews.com 10:00*(CN) CHINA APR RETAIL SALES Y/Y: 9.4% V 10.0%E; YTD Y/Y: % V 9.9%E– Source TradeTheNews.com A bit of a saw off on the critical CNY data dump with…

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Yields in focus , again

Equity Markets Equity markets clung on, at least for today, to the easing of trade tensions on the back of President Trumps ZTE reprieve from potentially crushing sanctions. But with US yields again moving higher and the key 10 Year UST nudging above 3 %, it indeed took the wind out of equity investor sails.…

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Gold Trading Sideways, US Retail Sales Next

After a mostly quiet week, gold has continued the trend in the Monday session. In North American trade, the spot price for an ounce of gold is $1319.86, up 0.10% on the day. It’s a very quiet day on the fundamentals front, with no economic indicators on the schedule. On Tuesday, the focus will be…

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