TAG Market Pulse

CAC Loses Ground as Global Sell-Off Continues

The CAC index has posted losses in the Friday session. Currently, the index is at 5124.00, down 0.54% on the day. On the release front, French Industrial Production came in at 0.5%, above the estimate of 0.1%. It’s been a tumultuous week for global stock markets, and the CAC has dropped 3.6% percent this week.…

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DAX Slide Continues as US Markets See Red

The DAX index has posted sharp losses in the Friday session. Currently, the index is trading at 12,210.00, down 0.41% on the day. On the release front, there are no German or Eurozone indicators on the schedule. Nervous investors continues to watch the massive sell-offs in the markets, and European markets have been following the downward trend in the…

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Hawks coming home to roost

Hawks coming home to roost Equity markets were trounced on the back of Global yields parading to multi-year highs Thursday. Indeed, it was less dovish Fed speak that continued to be the driver, and the BoE provided a hawkish bounty for good measure. The ruckus in the bond pits these days appears hell-bent on marching…

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Gold Dips to 2-Month Low But Recovers

Gold prices dropped considerably on Thursday before recovering. In North American trade, the spot price for an ounce of gold is $1319.57, up 0.10% on the day. On the release front, there was excellent news on the employment front, as unemployment claims dropped to 221 thousand, well below the estimate of 232 thousand. The US…

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Calm Returns to Markets Ahead of BoE Event

US Futures Flat After Uneventful Session in Europe A sense of calm appears to be gradually returning to financial markets as we near the end of the week, with indices in Europe trading a little lower and US futures flat after ending Wednesday’s session in a similar manner. While volatility in the markets has eased…

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CAC Spiral Continues as Market Turbulence Continues

The CAC index has posted considerable losses in the Thursday session. Currently, the index is at 5205.00, down 0.97% on the day. On the release front, there are no data releases on the schedule. On Friday, France releases Industrial Production, which is expected to post a small gain of 0.1%. It’s been a tumultuous week…

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US Stock Market Fall Sends DAX Lower

The DAX index has posted sharp losses in the Thursday session. Currently, the index is trading at 12,453.53, down 1.09% on the day. On the release front, Germany’s trade surplus narrowed to EUR 21.4 billion, just shy of the estimate of EUR 21.5 billion. Global stock markets have shown strong volatility this week, and the DAX continues to…

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