DAX falls as the mood sours ahead of German inflation data The DAX, along with its European peers, booked modest gains yesterday as the market mood improved following an intervention by the BoE into the gilt market. The BoE pledged to buy unlimited long-dated bonds over the next two weeks to stabilize a jittery market. […]
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Market Picture Market capitalisation has fallen 2% in the last 24 hours to $3.30 trillion. Bitcoin, stuck near past highs, quickly spoiled the market’s mood, triggering a local profit correction after the rally. An active Read more…
In focus today In the US, a range of data is due for release in the afternoon. April retail sales will provide the first hard data evidence on how consumer behaviour has reacted to higher Read more…
Markets There were very few eco data to guide global trading yesterday. (US) equities took a breather. Details on US trade agreements with the likes China and the UK still have to be hammered out. Read more…