Ето един коментар за това какво се случи сега и какво може да стане до края на деня:
Despite the moderately lower close in US equities on Wednesday, there is a growing sense of a shift in the construct of the markets which could once again favor risk buying
While some dovish comments from Bernanke and a less upbeat Beige Book have weighed on sentiment, resurgence in demand for commodities and emerging markets can not be ignored and potentially warn of additional gains into Thursday trade. Asian equities are already tracking higher on the day and the news that China’s government pension fund sees the Euro being able to surmount the crisis has undoubtedly helped to accelerate risk buying.
On the data front, things have also been risk positive, with Japanese GDP and Australian employment coming in stronger than expected. Meanwhile, as was widely anticipated, the RBNZ went ahead and lifted rates by a quarter of a point to 2.75%. As a result, the New Zealand Dollar is the clear outperformer on the day, with a combination of improved risk appetite, demand for commodities and a higher interest rate all helping to bolster the antipodean. At this point, all major currencies are tracking higher against the buck on the day, including the Yen.
Looking ahead, German CPI (0.1% expected) is due at 6:00GMT, with the more highly anticipated Bank of England (expected to stay on hold at 0.50%) and ECB (expected to stay on hold at 1.00%) rate decisions following at 11:00GMT, and 11:45GMT respectively. US equity futures have already made up Wednesday’s losses, while oil is slightly higher and gold mildly lower.
Успешен ден комарджии!
Despite the moderately lower close in US equities on Wednesday, there is a growing sense of a shift in the construct of the markets which could once again favor risk buying
While some dovish comments from Bernanke and a less upbeat Beige Book have weighed on sentiment, resurgence in demand for commodities and emerging markets can not be ignored and potentially warn of additional gains into Thursday trade. Asian equities are already tracking higher on the day and the news that China’s government pension fund sees the Euro being able to surmount the crisis has undoubtedly helped to accelerate risk buying.
On the data front, things have also been risk positive, with Japanese GDP and Australian employment coming in stronger than expected. Meanwhile, as was widely anticipated, the RBNZ went ahead and lifted rates by a quarter of a point to 2.75%. As a result, the New Zealand Dollar is the clear outperformer on the day, with a combination of improved risk appetite, demand for commodities and a higher interest rate all helping to bolster the antipodean. At this point, all major currencies are tracking higher against the buck on the day, including the Yen.
Looking ahead, German CPI (0.1% expected) is due at 6:00GMT, with the more highly anticipated Bank of England (expected to stay on hold at 0.50%) and ECB (expected to stay on hold at 1.00%) rate decisions following at 11:00GMT, and 11:45GMT respectively. US equity futures have already made up Wednesday’s losses, while oil is slightly higher and gold mildly lower.
Успешен ден комарджии!
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