🇬🇧 Stay ahead of the markets with Swissquote

🇬🇧 Stay ahead of the markets with Swissquote

By Swissquote, Ipek Ozkardeskaya, Feyyaz AlinganBusinessNewsInvestingBusiness News
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🇬🇧 Stay ahead of the markets with Swissquote episodes

  • Is Apple selloff exaggerated? | MarketTalk: What’s up today? | Swissquote
    Apple lost almost $200bn in market valuation in just two days on the news that China would ban iPhone usage in government offices and state-backed companies. We discuss what will be the real impact of the ban for Apple, and whether the market reaction was exaggerated.
    Of course, when a tech giant like Apple, with a market cap of nearly $2.8 trillion sneezes, the whole market catches a cold. The S&P500 fell for the third day to 4451 yesterday, while Nasdaq 100 slipped below its 50-DMA.
    Zooming out, the US small caps were also under pressure yesterday, the Russell 2000 fell below its 100-DMA and came close to the 200-DMA, as the latest data showed that the US jobless claims fell to the lowest levels since February, defying the latest softness in jobs data.
    The selloff in the Japanese yen slowed against the US dollar despite a slower than expected GDP print in Japan in the Q2, while the EURUSD sees more hesitation into the 1.07 mark, and into next week’s European Central Bank (ECB) meeting. The base case is a no rate hike, and yesterday’s morose growth figures came to cement the no change expectation. But German inflation due this morning could slow the doves.
    Listen to find out more!
    11 min
  • Increasingly frustrated by USD strength? You are not alone! | MarketTalk: What’s up today? | Swissquote
    Strong ISM data bolstered the speculation that the Federal Reserve (Fed) could opt for another rate hike before the year end and keep the rates at restrictive levels for longer. The US 2-year yield advanced above 5%, the 10-year yield is around the 4.30% mark.
    The US dollar index extends gains toward the 105 level. At 105.40, traders will decide whether the dollar deserves to reverse its yearly bearish trend, and step into a medium-term bullish configuration. But countries around the world react to the dollar’s appreciation. Japanese in particular warn that they will soon step in to stop the yen’s bleeding.
    The S&P500 didn’t like the rising US yields and slipped below the 4500 level and the 50-DMA yesterday. Nasdaq 100 also fell, as Apple dived more than 3.50% on a report that the Chinese government agencies banned staff from bringing iPhone and other foreign-branded devices into the office, that was perceived as a further escalation of technology war between the US and China.
    Listen to find out more!
    11 min
  • Maker to Solana? | Crypto Market Talk | Swissquote

    While Bitcoin might drop to 22'000 USD, Maker is eyeing the Solana Blockchain to migrate, but does it really make sense? And how will the Ethereum Community react to this?

    00:00 Intro

    00:22 Preview
    00:38 Bitcoin
    04:19 Ethereum
    05:58 ETH & MakerDAO
    07:16 Charts
    08:03 Subscribe & Good bye

    crypto #cryptonews #cryptotrading #swissquote

    Learn the fundamentals of trading at your own pace with Swissquote's Education Center. Discover our online courses, webinars and eBooks: https://swq.ch/wr

    Discover our brand and philosophy: https://swq.ch/wq

    Learn more about our employees: https://swq.ch/d5

    Let's stay connected:

    LinkedIn: https://swq.ch/cH

    9 min
  • Crude oil rallies on Saudi, Russia cuts, fuels inflation fears! | MarketTalk: What’s up today? | Swissquote
    Released yesterday, the European services PMI data came in softer than expected in all major euro area locations. The data showed that services sector in Italy and Spain slipped into the contraction zone in August - a month of big summer holidays where people flock to Italian and Spanish cities and beaches. The soft PMI data fueled the European Central Bank (ECB) doves and pushed the EURUSD under a bus yesterday; the pair fell to the lowest levels since the beginning of June and flirted with the 1.07 support on idea that the ECB can’t raise interest rates next week when the economic picture is souring at speed. But I believe that it can – look at the energy prices!
    Brent crude rallied past the $90pb yesterday, as US crude advanced above the $88pb mark as Saudi Arabia and Russia announce that they prolong their supply cuts. Saudi Arabia will continue reducing its own unilateral supply by 1mbpd to the end of the year, while Russia will be cutting 300’000 bpd.
    Interestingly, higher oil prices don’t seem to bother some Federal Reserve (Fed) members. Christopher Waller said at a CNBC interview yesterday that last week was a ‘hell of a good week of data’ which will allow the Fed ‘to proceed carefully’ with its next decisions. ‘We can just sit there, wait for the data, and see if things continue’ he said. They could also pray while waiting for the data, as higher energy prices won’t necessarily be less problematic for the Fed.
    Listen to find out more!
    11 min
  • Have the ECB doves gone ahead of themselves? | MarketTalk: What’s up today? | Swissquote
    European markets were silent on Monday, as the EURUSD remained offered below its 200-DMA today, although the softening Federal Reserve (Fed) expectations make more sense than softening ECB expectations, provided that the ECB is NOT in a comfortable place to call a pause at this month’s meeting amid the uptick in latest inflation figures.
    In equities, the European stocks have less potential than their US peers, but the FTSE 100 could surf on the rising energy prices in H2.
    On the flip side of the world, the Reserve Bank of Australia (RBA) kept its cash rate unchanged at 4.1% at today’s monetary policy meeting. The EURAUD rebounded from a month-dip as investors saw opportunity to trade the soft RBA stance versus a possibly unfunded softness in ECB expectations.
    Elsewhere in the Pacific, Japan is testing the market demand for its 10 and 30-year bonds this week, as the finance ministry sells 2.7 trillion-yen worth of 10-year bonds today and 900-billion-yen worth of 30-year bonds on Thursday. Of course, the Bank of Japan (BoJ) is out and buying a massive amount of bonds to make sure that the YCC not too relaxed, and traders are looking for signs of still sluggish demand from local investors that could force the BoJ to act earlier than … never.
    Listen to find out more!
    11 min
  • European stocks are not a good alternative to US peers | MarketTalk: What’s up today? | Swissquote
    Last week ended on a positive note, and this week started with a solid risk appetite, as the US jobs data hinted at a finally loosening jobs market, while Chinese stocks rallied on further measures deployed by the Chinese government to support the country’s faltering property market.
    But the European stock markets aren’t in a good position to benefit from the news as activity slows while inflation remains high due to rising energy prices.
    The EURUSD sank below 200-DMA, as the barrel of US crude traded past $86pb, as oil bulls continued buying the tight supply narrative from OPEC+.
    Also, the European nat gas futures remain highly volatile due to strikes in Australia. Hundreds of Chevron workers will be going on a strike on September 7. Strikes cause decent positive pressure and a lot of volatility in TTF futures.
    Listen to find out more!
    12 min
  • Investors pray for loosening US jobs market! | MarketTalk: What’s up today? | Swissquote
    August ended on a downbeat note for the S&P500 and on an upbeat note for the US dollar as, even though the Federal Reserve’s (Fed) favourite gauge of inflation, PCE, came in line with expectations in July for both the core and headline figures, while the euro-area CPI disappointed due to rising energy prices. The barrel of US crude rallied past $84pb.
    Today, all eyes are on the US jobs data (with hope of some loosening) and on final PMI figures.
    In China, today’s Caixin PMI showed that it stepped into the expansion zone in August, whereas the Chinese services PMI fell short of expectations and the wave of further bad news got the People’s Bank of China (PBoC) to announce lower payment requirements for first and second-time house buyers, and to encourage lower rates on existing mortgages. But it won’t improve the situation overnight.
    Listen to find out more!
    12 min
  • X platform for cryptos? | Krypto Market Talk | Swissquote

    X is the new Twitter and they want to become the everything app. Everything will potentially also include financial transactions hence why X is trying to get a licence to issue digital currencies, such as cryptos. Let's see what the fuss is all about!

    00:00 Intro

    00:24 Preview
    00:34 Bitcoin
    05:52 Ethereum
    08:04 Subscribe & Good bye

    crypto #cryptonews #cryptotrading #swissquote

    Learn the fundamentals of trading at your own pace with Swissquote's Education Center. Discover our online courses, webinars and eBooks: https://swq.ch/wr

    Discover our brand and philosophy: https://swq.ch/wq

    Learn more about our employees: https://swq.ch/d5

    Let's stay connected:

    LinkedIn: https://swq.ch/cH

    9 min
  • Investors cheer soft US jobs & growth, as focus shifts to inflation data | MarketTalk: What’s up today? | Swissquote
    America had another ‘bad news is good news’ moment yesterday; softer-than-expected ADP and growth data further fueled expectations that the Federal Reserve (Fed) is – maybe – good for a pause.
    The S&P500 gained for the 4th consecutive session yesterday, as US 2-year yield settles below the 5% level on expectation that the Fed has no reason to push hard to hike rates; it could just wait and see the impact of its latest (and aggressive) tightening campaign.
    In the FX, the softening Fed expectations are weighing on the US dollar, but keep in mind that the seasonality is on the dollar’s side in Septembers!
    But the dollar’s relative performance is also much influenced by the growth and price dynamics elsewhere. Despite the dark clouds on the European skies, the latest inflation numbers showed that inflation in both Spain and Germany ticked higher in August for the second month warning that the aggregate CPI number may not confirm a fall to 5.1% in headline inflation due to rally in energy prices.
    Later, investors will focus on the US core PCE data, which has a heavier weight on the international platform. Therefore, the strength of the US core PCE will say the last word before tomorrow’s jobs data.
    Listen to find out more!
    11 min
  • Dream JOLTS data boosts optimism, US ADP & GDP in focus! | MarketTalk: What’s up today? | Swissquote
    Yesterday was a typical ‘bad news is good news’ day. Risk sentiment in the US and across the globe was boosted by an unexpected dip in US job openings to below 9 mio jobs in July, the lowest levels since more than two years, and an unexpected fall in consumer confidence in August.
    Today, all eyes are on the US ADP report and the latest GDP update. The ADP report is expected to reveal below 200K new private job additions in August, while the US growth is expected to be revised from 2% to 2.4% for the Q2 with core PCE prices seen down from 4.90% to 3.80%.
    In Europe, however, that slow landing seems harder to achieve. Today, investors will keep an eye on the latest inflation updates from euro-area countries, and business and sentiment surveys. The EURUSD flirted with 1.09 yesterday, as investors trimmed their long dollar positions after the weak JOLTS data. The AUDUSD rebounded, even though the latest CPI print showed that inflation in Australia slowed below 5% in July, a 17-month low. In the UK, shop prices fell to a 10-month low. But it won’t be enough for central bankers to cry victory just yet, because the positive pressure in energy prices remains a major concern for the months ahead.
    Listen to find out more!
    11 min

About 🇬🇧 Stay ahead of the markets with Swissquote

From the publisher's feed

Dive into the heart of the markets with MarketTalk and Crypto Market Talk, hosted by Ipek Ozkardeskaya and Feyyaz Alingan. And explore Unlocked, Swissquote’s podcast that looks beyond the markets to unlock fresh ideas, inspiring perspectives and insights to power your next move.