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    Asian equities could take a boost after strong gains seen on US equities

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    USDMYR Technical Analysis

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    Asian equities could take a boost after strong gains seen on US equities

    Asian equities may trade on the back foot as traders took profits during Wall Street session

    USDMYR Technical Analysis

    USDMYR Technical Analysis

    Asian equities observe positive start as optimism on Wall Street echoes

    Asian equities could trade with negative bias reflecting caution awaiting Nvidia’s earnings report

    Asian equities could take a boost after strong gains seen on US equities

    Asian equities likely to trade within narrow range following volatile session on Wall Street

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

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Home Market News Economy

European stocks drifted lower shortly after opening bell on Friday

Pierre Veyret by Pierre Veyret
February 12, 2021
in Economy, Markets, Opinion
Reading Time: 1 min read
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European stocks drifted lower shortly after opening bell on Friday
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European stocks drifted lower shortly after the opening bell on Friday, following a mixed trading session across Asia, as market operators continue to weigh the latest dovish comments from the US Federal Reserve. Investors’ risk appetite is taking a pause for the end of the week amid rising uncertainties brought by the prospect of a negative impact a huge US stimulus package could have over inflation rates in the mid- to long-term.

Market consolidation continues in Europe as the Stoxx-50 index remains inside its 40-points wide bearish pattern, while the German DAX-30 index brings the worst performance of the Eurozone so far, ahead of Siemens Healthineers AG annual general meeting.

Tags: DAX-30Dovish Fed statementFEDSiemens Healthineersstoxx50US stimulus package
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Pierre Veyret

Pierre Veyret

While a student, Pierre Veyret had a passion for the financial markets. At the time, he studied International Trade through the setting up of import / export operations and it was the techniques of hedging against exchange rate risks that helped him to make the link with the financial markets, and all especially that of Forex. It is therefore with the aim of anticipating the price of currencies several months in advance that Pierre quickly turned to different methods of analysis by drawing inspiration and surrounding himself with experts in the field. Shortly after, Pierre decided to specialize in Technical Analysis, a discipline he had the opportunity to practice with real market professionals, thanks to AFATE / IFTA, an association of which he has been an active member for several years. Pierre Veyret is passionate about the field of the financial industry with a particular interest in the various techniques of stock market forecasting. Currently, Pierre is based in the City of London where he works as Chief Analyst. He performs regular interventions on a multitude of asset classes through various media (television, internet and print media).

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