european central bank

Each day on the European market opening Anthony Cheung, Sam North, and Amplify Trading gets you prepared for the trading day. They focus on relevant macroeconomic insights and trade idea generation for the global macro futures markets.
Each day on the European market opening Anthony Cheung, Sam North, and Amplify Trading gets you prepared for the trading day. They focus on relevant macroeconomic insights and trade idea generation for the global macro futures markets.
There are 3 punches here the market is absorbing: uncertainties and fears of contagion relating to the Evergrande fallout, the S&P’s close below the 50-day moving average on Friday, and deadlock in Washington.
Japan’s index is closing in on February’s high, the highest level since the 1990 crash. China’s Shanghai Composite is also at its highest since February, now up nearly 5% on the month and 12% since the July low.
It’s important to note the ongoing differences between the ADP private payrolls survey and the official Nonfarm Payroll report due this Friday. Over the last 3 months, CNBC noted an average difference of 337,000 jobs between the reports.
Each day on the European market opening Anthony Cheung, Sam North, and Amplify Trading gets you prepared for the trading day. They focus on relevant macroeconomic insights and trade idea generation for the global macro futures markets.
Goldman Sachs has pushed out their expectation for a Fed taper announcement to November or December due to Delta variant uncertainties.
U.S. benchmarks finished off their worst levels yesterday and found not-so-hawkish comments from Fed Chair Jerome Powell to be supportive.
Federal Reserve wants to be able to taper assets, but the reemergence of another Covid wave has buoyed markets, specifically Tech, as it may elongate the Fed’s path.
Each day on the European market opening Anthony Cheung, Sam North, and Amplify Trading gets you prepared for the trading day. They focus on relevant macroeconomic insights and trade idea generation for the global macro futures markets.