Marius Paun | London, UK | Senior dealer |Friday 23rd July 2021 The ECB keeps interest rates on hold The US stock markets saw sharp selloffs on Monday following a resurgence in Covid-19 infections around the world, especially the dreaded Delta variant. But things started to look calmer over the next few days and […]
Marius Paun | London, UK | Senior dealer | Friday 25th June 2021 The BOE Leaves Benchmark Interest Rate Unchanged At 0.1% The US President Joe Biden agreed yesterday to a $1.2 trillion bipartisan Senate deal to renew the country’s infrastructure of roads, bridges and highways. Seen as a crucial stimulus to help the economy […]
Marius Paun | London, UK | Senior dealer | Friday 18th June 2021 The FOMC Keeps Rate Unchanged But Starts ‘Thinking About Thinking About Tapering’ The FOMC decided to leave interest rates unchanged but fresh projections now indicate two possible interest rates hikes in 2023. At the same time the pace of QE will remain […]
Marius Paun | London, UK | Senior dealer | Friday 11th June 2021 The ECB Keeps Rate Unchanged We start this week’s wrap with a strange bit of news. On Tuesday the 8th, multiple major websites were down; Reddit, Twitter, Amazon, CNN, PayPal, the UK Gov website gov.uk, among the best-known ones. The outage was […]
Marius Paun | London, UK | Senior dealer |Friday 28th May 2021 The US Stock Markets Post A Comeback We saw a rather quiet week in the markets dominated by the growth to value rotation narrative as well as never-ending debate of inflation/ yields making a comeback with a vengeance. S&P500 went back above 4200 […]
Marius Paun | London, UK | Senior dealer |Friday 21st May 2021 The FOMC Accept That They Will Need To At Least Start To Think About Tapering? We had the US FOMC meeting minutes released this week showing a number of participants confident that taper discussion could be appropriate at the next meetings. By and […]
Marius Paun | London, UK | Senior dealer |Friday 14th May 2021 The US Inflation Sparks Concern The US nonfarm payroll report released last Friday was dubbed an epic miss on consensus but markets reacted better than one would expect. It was interpreted as an indication that the economy is still showing signs of weakness […]
Marius Paun | London, UK | Senior dealer |Friday 07th May 2021 The US Jobs Report For April Weaker Than Estimated Amid so much back and forth debate about rising yields, the US Fed Chair Jerome Powell came out this week saying the outlook has improved, but the economy is not out of the woods […]
Marius Paun | London, UK | Senior dealer |Friday 23rd April 2021 European Central Bank Leaves Its Interest Rate Unchanged The US President Biden announced this week he wants to almost double capital gains tax from 20% currently to 39.6% for those earning more than $1 million. The proposal is also for the top marginal […]
Marius Paun | London, UK | Senior dealer | Friday, 23rd April 2021 The US stocks have been on a roll for the best part of the last year with all three major indices hitting fresh all-time highs on a regular basis lately. Take a look at the S&P chart below which speaks volumes for […]