• Facebook
  • Twitter
  • LinkedIn
  • Google +
  • RSS

Morning commentary: Capital Spreads

Read more commentary from Capital Spreads at www.capitalspreads.com

Traders waiting for the next catalyst

Posted on: 21 March 2014

Flat starts are expected for Europe on a lack of cues. Despite overnight gains in the US and Asia, European markets need a little more evidence to rally when faced with current headwinds.

Yellen slip of the tongue slaps markets

Posted on: 20 March 2014

European equities have opened lower on a knee jerk reaction to comments made by Janet Yellen. Overnight at the FOMC press conference, after a very dovish statement, when pressed about rate hikes, Yellen spluttered out a date of possibly 6 months after the end of tapering.

A day of wait and see ahead

Posted on: 19 March 2014

European equities are set to open flat as traders hunker down before the FOMC statement tonight. Expectations are for another $10 billion taper and markets seem quite comfortable with this but, like Mark Carney, Janet Yellen is also expected to abandon forward guidance for some form of fuzzy guidance.

European equities set to open mixed

Posted on: 18 March 2014

The West’s reaction to the Crimean referendum result were pretty feeble and seems to have pacified traders that Putin won’t feel the need to flex his military muscles any more in the short term.

Markets wait on the West’s reaction

Posted on: 17 March 2014

European equities are set to edge down following the Crimea referendum. Exit polls have suggested that their overwhelming support from the local populace to leave the Ukraine and become a part of the Russian Federation.

Russian bears set to maul Europe

Posted on: 14 March 2014

European equities are set to open lower as the risk off sentiment continues. Yesterdays declines continued after the European close, accelerating in the US and infecting Asia.

Traders sense trouble ahead

Posted on: 13 March 2014

A bounce is expected for the European indices this morning on the open, but in relation to this weeks declines they look negligible.

Bulls losing their grip

Posted on: 12 March 2014

European equities have dipped on the open as worries from overseas markets hit our shores. Despite showing some hearty resilience of late, rattled traders in the US and Asia are beginning to take their toll on Europe’s domestic markets.

Bulls able to shrug everything off

Posted on: 11 March 2014

Despite the bears lining up negative cues yesterday, we only saw modest pullbacks and today we look to be easily recouping that ground on the open as bullish momentum remains resilient.

Negative cues stacking up but still no sell-off

Posted on: 10 March 2014

European equities are set to open flat as traders tread cautiously. Negative cues seem to be stacking up, China, Ukraine and a good Non Farms pointing to no slow down in tapering are not a conducive environment for bulls.

Non Farms a non event!

Posted on: 7 March 2014

European equities are set to open little changed as traders pass the time till Non Farm Payrolls.

Central banks centre of attention

Posted on: 6 March 2014

European equities have edged higher on the open tracking overnight gains in Asia but upside potential is expected to be limited ahead of central bank meetings.

Calm restored but testing times still ahead

Posted on: 5 March 2014

European equities are set to ease slightly on the open as traders pause to catch their breath. After two days of extreme geopolitical turmoil, which saw traders dump risk assets only to have to scramble to buy those same assets back the next day, we are roughly where we were at Friday’s close

Markets can handle sabre rattling

Posted on: 4 March 2014

European equities are set to creep up on the open as traders take a peek from behind cover.

Russian bear arrives in Europe

Posted on: 3 March 2014

European equities are set to open sharply lower as the weekends headlines sends traders heading for their bunkers.