Fiona Cincotta
Fiona Cincotta
Market Analyst
US open: Stocks fall ahead of ISM manufacturing data
Stocks fall at the start of the new quarter as recession fears remain. Manufacturing data is due.
US open: US stocks tumble as recession fears rise
Yesterday's policy panel at the ECB forum showed that central bankers are taking inflation seriously and are committed to lower inflation even if that means recession. Today stocks are tumbling on recession fears.
Two trades to watch: GBP/USD, Oil
GBP/USD rises as USD eases ahead of PCE inflation. Oil steadies ahead of OPEC+ announcement.
US open Stocks mixed ahead of Powell
US stocks are set for a mixed open after US GDP was downwardly revised and ahead of Fed Powell’s appearance.
Two trades to watch: EUR/USD, Gold
EUR/USD falls ahead of German inflation data, central bank speak. Gold looks to Fed Powell & Co at the ECB forum.
US open: Stocks rise as China eases COVID restrictions
Stocks are set to rise after China eases travel restrictions, boosting optimism that supply chain disruptions could soon start to ease and travel ramp up. US consumer confidence data is due.
Two trades to watch: DAX, USD/CAD
DAX rises despite falling consumer confidence. USD/CAD falls as oil climbs.
Two trades to watch: FTSE, EUR/USD
FTSE edges lower with G7 is focus. EUR/USD rises on USD weakness
US open: Stocks rise as recession fears are pushed aside for now
US stocks are rising despite recession fears lingering. The mood had improved even if the data hasn’t.
