Beyond Bulls & Bears

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

Last week saw markets whipsaw from day-to-day as nerves remained brittle over central-bank policy, geopolitics risk and corporate earnings. The key focus for last week was Wednesday’s Federal Reserve (Fed) meeting, which saw Chair Jerome Powell maintain a hawkish stance and leave an interest-rate hike at the March meeting on the table.

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

There has been a clear focus on central bank rhetoric at the start of the new year, with investors wary of the speed and extent to which monetary policy will begin to tighten.

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

The first half of 2022 brings some European political events to keep an eye on, namely appointment of a new Italian president and French presidential elections. A return to a more combative Italian government could create tensions within the European Union—another potential headwind for equity markets.

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

Investors continue to assess the economic impact of high COVID infection rates. The latest variant, Omicron, drove the number of infections in the United Kingdom to new daily highs last week and is expected to become the dominant strain in the eurozone.

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

Central bank policy takes centre stage this week as over 20 central banks have interest-rate decisions this week. Focus is primarily on the Federal Reserve (Fed) meeting on Wednesday, and the Bank of England (BoE) and the European Central Bank (ECB) meetings Thursday.