Despite some mixed tones from Wall Street yesterday and more tepid tones earlier, European indices are keeping slightly higher once again today. That sees the positive form to start the new year stretch further, for now at least.
Eurostoxx +0.1%
Germany DAX +0.6%
France CAC 40 +0.5%

That implies a roughly over 6% upside from current levels. It doesn’t sound like much but bear in mind that the case scenario likely factors in the more volatile moves that we’ll be seeing throughout the year.In any case, here are some forecasts for the S&P 500 from the other houses:Morgan Stanley –

This comes after the latest round of mass testing saw just 35 new COVID-19 cases reported today, down from 95 the day before. That said, local authorities did mention earlier in the week that any easing of lockdown measures will only come when ‚zero social transmission‘ is achieved. So, we’ll have t

The award-winning global multi-asset liquidity provider and prime brokerage, Finalto has announced that it will add 32 leveraged equities belonging to some of the most prestigious companies listed on the Singapore Stock Exchange (SGX) to its already impressive list of offerings. Finalto alrea

ETHUSD started off the week with bearish momentum, having dipped to the 3700 level yesterday. While ETHUSD has been outperforming many of its peers, the broader crypto space still is signaling some downward trends in the near-term. This was on full display Tuesday as BTCUSD and other major coins

The pair continues to trade at its highest in five years and barring any major risk-off shift, it may be tough for sellers to turn the tide unless we see a technical air pocket at the 116.00 level itself.
Otherwise, the dollar can take comfort from higher yields but bond traders will have to fig

The bloc is expected to stick with the status quo and keep with the planned 400k bpd increase in February. Considering how members are content with the oil price rebound after the slump in late November, I don’t see why they should change things up now.Oil is continuing to make more headway in the n

That will depend on the continuation of flows from yesterday, adding to the mix ahead of the FOMC meeting minutes release as well as the US non-farm payrolls release on Friday.

The wedge pattern certainly indicates that eventually, something’s gotta give.
And if yields are to break to the topside

Prior 67.2k
Net consumer credit £1.2 billion
Prior £0.7 billion; revised to £0.8 billion

Slight delay in the release by the source. Mortgage approvals are seen steadying as conditions start to moderate from the peak in the months before. This comes as housing market activity also ease