Author Topic: What is moving the markets this week  (Read 11234 times)

eddieb

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Re: What is moving the markets this week
« Reply #75 on: September 28, 2020, 03:56:11 PM »
Its been quite the day today. Shares, Forex pairs all making decent sized moves.
Various reasons, including increased likelihood that Bank of England will reduce rates, the UK government and other nations will increase stimulus packages, and the belief that the UK and EU will have to come to some sort of agreement sooner rather than later.

On the horizon, watch out for tomorrows first debate between Trump and Biden. How each handles himself and how the markets react is anybody's guess, so it could be volatile.

Disclaimer. Posts are just my thoughts,  not recommendations.  Do your own due diligence before trading

eddieb

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Re: What is moving the markets this week
« Reply #76 on: September 29, 2020, 08:23:53 AM »
Bit of a slow start this morning.

European markets fairly flat as we wait to see if governments introduce new stimulus plans for economies.

Everything could change very quickly, one announcement is all it needs to get the ball rolling
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eddieb

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Re: What is moving the markets this week
« Reply #77 on: October 02, 2020, 10:00:57 AM »
No doubt what is moving markets today, news of Trump catching Coronavirus.

Futures for the S&P 500 fell 1.8% in Asian trading after the news, extending earlier losses, while barometers of risk sentiment, such as the Australian dollar and Treasury yields, dipped.

An interesting comment in Investing.com- “Trump has been trailing behind Biden and he has clearly failed to narrow the gap after the first debate ... I suspect markets will lean towards the view that Biden will likely win the election,” said Naoya Oshikubo, senior economist at Sumitomo Mitsui Trust Asset Management. “What I am worried is that he will become even more aggressive against China after he caught the virus himself.”

If that were to happen, especially if Trump were re-elected, we can only guess what the affect might be on the markets
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Caesar

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Re: What is moving the markets this week
« Reply #78 on: October 02, 2020, 01:45:11 PM »
NFP just announced
Hail Caesar.
No, just a bit of rain

eddieb

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Re: What is moving the markets this week
« Reply #79 on: October 02, 2020, 02:47:08 PM »
NFP just announced

That was a disappointment, more than expected. Added to Trumps Covid news this hasnt been a great start to the US markets, opening down.
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Michael

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Re: What is moving the markets this week
« Reply #80 on: November 02, 2020, 03:47:24 PM »
I think its fair to say the US Presidential election will move the markets this week.

Reuters report "The 2020 U.S. election is shaping up to be the biggest betting event of all time, with one player placing a record-breaking one million-pound bet on a victory for Democratic challenger Joe Biden, betting companies say." It is estimated that over $1 billion will be wagered on the outcome in total.

One person had placed a one million-pound bet on Biden, Betfair said, the biggest political bet of all time. If Biden wins, the player would bag 1.54 million pounds.


eddieb

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Re: What is moving the markets this week
« Reply #81 on: November 03, 2020, 08:29:25 AM »
SINGAPORE (Reuters) - Asian equity markets rallied on Tuesday, with investors buoyed by strong factory output data from major economies, while the dollar and gold were little changed ahead of U.S. elections.

European markets have opened stronger this morning as well. Hopefully  the stronger stance taken by some nations will help curb the latest wave of covid and get business back to work quickly
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Caesar

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Re: What is moving the markets this week
« Reply #82 on: November 03, 2020, 02:05:33 PM »
Michael, someone in the UK has topped the $1m bet

https://metro.co.uk/2020/11/03/mystery-brit-bets-4000000-on-trump-winning-us-election-13526720/

Must be nice to have that sort of money
Hail Caesar.
No, just a bit of rain

eddieb

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Re: What is moving the markets this week
« Reply #83 on: November 04, 2020, 01:29:47 PM »
USA non-farm employment numbers don't make for good reading
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eddieb

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Re: What is moving the markets this week
« Reply #84 on: April 15, 2021, 11:53:31 AM »
A couple of news events out today that any of you with USD trades may want to watch out for.

Retail sales, due out at 8:30 AM ET (1230 GMT) are expected to have risen by 5.9% last month, bouncing back from a weather-depressed 3% drop in February.

Industrial production, due at 9:15 AM ET (1315 GMT), is expected to have rebounded 2.8% after a 2.2% drop in February,
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eddieb

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Re: What is moving the markets this week
« Reply #85 on: April 22, 2021, 09:06:02 AM »
Some key news events to be aware of today if you are trading.

ECB policy decision at 1145 GMT, followed by news
conference at 1230 GMT.

US initial jobless claims data, 5-year TIPs auction

US corporates results out today: Dow chemicals, AT&T, Blackstone, southwest
airlines, Mattel, Intel

European corporates reporting today: SEB, Vivendi, Rentokil, Renault, SAP,
Bankinter, Volvo, Hermes, Taylor Wimpey, LSE, Pernod Ricard,
Nestle, Credit Suisse, Calebaut
Disclaimer. Posts are just my thoughts,  not recommendations.  Do your own due diligence before trading