Analisi Fondamentale
FUNDAMENTAL ANALYSIS BY NSFX 17.10.2013
Good morning, Risk taking got a boost yesterday, as the US Congress passed a bill to increase the debt ceiling until February 2014, which in particular benefited US equities (S&P500 +1.4%, Dow Jones +1.4% and Nasdaq +1.2%). The reaction was not so explicit in currency and fixed income markets, as market players had been positioning[...]
FUNDAMENTAL ANALYSIS BY NSFX 16.10.2013
Good morning, European markets had a decent session yesterday, but the US was not able to follow suit as a result of weak Empire Manufacturing, no news on the Debt Ceiling and Fitch placed the US AAA rating on 'negative watch' indicating that the credit quality of the world's biggest economy could be downgraded, leading[...]
FUNDAMENTAL ANALYSIS BY NSFX 15.10.2013
Good morning, Trading volumes were lower than average in yesterday's trading session following Columbus Day in the US , lack of important data and a general wait-and-see approach regarding the US talks on the debt ceiling. Stock markets in Europe pointed their nose slightly upward with FTSE100 up 0.3%, CAC40 up 0,1%, while DAX fell[...]