Step by step
Last night, the US central bank announced its impending rate increase. Investors had hoped to see the Fed's attitude relaxing, but, the Fed, instead kept a very tough stance on future monetary policy....
Alphabet and Microsoft neutralize each other
The earnings campaign for the first half of 2023 is in full swing, with both good and bad surprises in store. China's stock markets are getting back on track, technology stocks are regaining the lead...
Markets dream of a blue sky scenario
The stock markets are beginning the week with a slow start. Yesterday's economic statistics were unremarkable, but they weren't enough to significantly impact the financial markets. In fact, a slight...
The start of a busy week
You've been warned: the week ahead promises to be an intense one, with the usual jam of announcements that precede the August break. This morning, we're setting our sights on the major events of the...
Tech spreads out
Notably, corporate performance dominated the stock market, influencing the overall trend significantly. Unfortunately, yesterday proved challenging for the Tesla-Netflix partnership, resulting in the...
A feast of corporate results
One day it looks like the world economy is collapsing, the next day everything is fine. I don't know what's happening. These comments from Elon Musk yesterday on the sidelines of Tesla's quarterly...
Stock markets continue to prove doomsayers wrong
Wall Street futures were flat today ahead of earnings from Tesla and Netflix. The bears are starting to get seriously depressed as indices come back close to their records. The flurry of corporate...
Recession, Janet and the big banks
Stock markets have had very mixed fortunes at the start of the week, with two constants: tech shines and China causes trouble. Now we're adding central bankers and large banks to the equation.
In wait-and-see mode before Tesla and Netflix
The latest data shows China's economy remains sluggish, which is fueling hopes of a vigorous public stimulus - the kind everyone's talking about, but which has yet to materialize. In the meantime,...
Disinflation is the new buzz word
The lower-than-expected US inflation reading in June got investors looking at the months ahead with optimism, hoping once again for the end of the Fed's rate hike cycle. It seems that the days of...
Is it game over for inflation?
The focus is once again on inflation today, with new data showing that the combination of high rates and an improving basis for comparison is helping to bring overheated prices within more reasonable...
China boosts investor sentiment
The world's stock markets edged up yesterday, ahead of US inflation and the first quarterly results from leading companies later this week. Financial markets are still moving according to artificial...
Earnings season looms
With just a few days before companies start releasing their half-year results en masse, investors are confused. Their natural optimism is somewhat challenged by poor visibility on economic dynamics...
Job data confirms investors' fears
Rate hike fears crippled global markets yesterday, with bond yields reaching new highs. Europe's stock markets were particularly hit. The British FTSE 100 tumbled over 2%, just like Germany, Spain and...
The market is facing its old demons
The market turned red yesterday because of the usual culprits, namely lack of growth in China and the hawkish US monetary policy.