Scope Markets Blog | Latest Forex News And Updates For 2020

Eurozone CPI preview: Traders need to look beyond likely short-term inflation bump

This week sees eurozone inflation data come to the forefront, as traders gradually return to their desks in anticipation of an exciting year ahead for financial markets. The prospect of a disinflationary driven policy of monetary easing from some of the biggest central banks does help explain the optimism that has seen equity markets push […]

by Joshua Mahony
11 months ago

Mixed PMI data fails to stifle mainland European markets

European markets have kick-started the New Year with the resolution to build on the strength seen throughout recent months. Outperformance in mainland Europe has seen the DAX push up 1%, reaching the highest level since May 2023. This comes despite mixed signs for the Chinese manufacturing sector, with the weekend’s headline manufacturing PMI decline (to […]

by Joshua Mahony
11 months ago

UK falls back into negative growth, as traders look ahead to inflation release

European markets are struggling to maintain the pace set by US equities yesterday with the likes of the FTSE 100, DAX, and CAC all treading water as markets look ahead to an impending inflation release from the US. A raft of data out of the UK brought little clarity for traders, with a disappointing GDP […]

by Joshua Mahony
11 months ago

2024 lookahead: How could next year look for Indices, FX, commodities, and cryptocurrencies?

Table of Content As 2023 draws to a close, traders will be anticipating a more upbeat year ahead, with inflation concerns abating to the benefit of market sentiment. Record highs across the Dow, DAX and CAC highlight that optimism, but this recent outperformance in equity markets does not necessarily means that the opportunities have passed […]

by Joshua Mahony
11 months ago

US equity slump hurts European sentiment as inflation risks cause markets jitters

European markets are in the red, following on from a US session that saw equities losing traction as the prospect of a year-end Santa Rally starts to dim. We have seen a pick-up in energy prices over the course of recent weeks, with the Red Sea attacks raising inflation concerns after US gasoline prices posted […]

by Joshua Mahony
11 months ago

UK inflation gives UK stocks a shot in the arm

The FTSE 100 has enjoyed a welcome boost in early trade today, with markets reacting to a surprise slump in UK CPI that lifted expectations for a May rate cut from the Bank of England. The optimism seen in the UK has brought only moderate benefits for mainland European indices, with early upside being eradicated […]

by Joshua Mahony
11 months ago