Beyond Bulls & Bears

Notes From the Trading Desk – Europe
Equity

Notes From the Trading Desk – Europe

We expect the conclusion of the UK Conservative leadership battle and the stance of the UK’s new leader will dominate headlines this week. We can also expect more developments from both Italy and Spain on the political front. Earnings season in Europe will see its busiest week of the quarter so far, with single stock moves likely to impact indices.

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

"Last week was quiet until sleepy summer markets were woken by a war of words between North Korea and the United States, with both sides threatening military action. On the back of this we saw a de-risking across asset classes, and global equity markets declined across the board." - Franklin Templeton European Trading Desk team

Notes From the Trading Desk – Europe
Perspectives

Notes From the Trading Desk – Europe

Given the improving macroeconomic data we have seen from the eurozone of late, there was a good deal of scrutiny on ECB President Mario Draghi’s press conference to see if he would step back from his dovish stance. Draghi appeared keen to be careful not to unsettle markets with excessively hawkish rhetoric.