ForexTime

2021-03-12 20:59:22 Tech stocks were the weakest link on Monday, driving global equities lower as higher Treasury yields fuelled the rotation from growth to value companies.

 



 

The stock market darlings of 2020 were turning out to be the most unloved this year with Tesla and Zoom Video Communications just a few examples. 

 



 

In the commodity arena, Gold snatched our attention after dipping below $1680. Given how the zero-yielding asset was under the mercy of an appreciating Dollar and rising bond yields, the path of least resistance was south... Read More (https://www.forextime.com/market-analysis/week-review-tech-rebounds-inflation-fears-ease-stimulus-becomes-law) Open / Comment

2021-03-12 20:59:22 Open / Comment

2021-03-12 20:59:21 Week In Review: Tech Rebounds, Inflation Fears Ease, Stimulus Becomes Law
https://www.forextime.com/market-analysis/week-review-tech-rebounds-inflation-fears-ease-stimulus-becomes-law Open / Comment

2021-03-12 14:19:39 It was a week defined by fluctuating bond yields, easing inflation fears, monetary bazookas, and U.S stimulus hopes.

 


Market sentiment was influenced by the developments in the global bond markets with the risk pendulum swinging back and forth. This was reflected across equities, currencies, and even commodities.


As the mood across the board improved on easing inflation fears and Congressional approval of Joe Biden’s $1.9 trillion relief package, the risk-on sentiment strengthened. Asian shares were mostly mixed on Friday thanks to a spike in U.S Treasury yields.... Read More (https://www.forextime.com/market-analysis/keep-calm-its-friday) Open / Comment

2021-03-12 14:19:39 Open / Comment

2021-03-12 14:19:39 Keep Calm It’s Friday!
https://www.forextime.com/market-analysis/keep-calm-its-friday Open / Comment

2021-03-11 19:46:12 Dovish major central bank. Tick. Passage of another couple of trillion dollars relief plan. Tick. Bond yields lower. Tick. Stocks in the green. Tick! The Dow is starting its fifth straight day of gains with more record highs, while the Nasdaq is in a hurry to reclaim its 50-day moving average.




Tech stocks are leading the way with Tesla now approaching $700 while the EuroStoxx 600 benchmark is within touching distance of its pre-pandemic high reached last February.




ECB to ramp up bond purchases

The main event of the day was the ECB meeting, where President Lagarde and the... Read More (https://www.forextime.com/market-analysis/risk-mood-strengthens) Open / Comment

2021-03-11 19:46:12 Open / Comment

2021-03-11 19:46:12 Risk mood strengthens
https://www.forextime.com/market-analysis/risk-mood-strengthens Open / Comment

2021-03-11 11:52:08 Concerns over rising inflation have been dominating Wall Street and the global financial markets over the past few weeks. Most stocks in growth sectors with overstretched valuations have seen their prices plunge by double digits and some have even erased more than a third of their market cap. Tesla Inc, Zoom Video Communications and Peloton Interactive are examples of familiar names that have dropped more than 30% from their highs. While one reason has been attributed to economies returning to pre-covid habits, the other big factor is rising inflation and bond yields which makes these growth... Read More (https://www.forextime.com/market-analysis/value-stocks-continues-be-favoured-despite-markets-passing-big-tests) Open / Comment