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    Asian stock markets poised for potential losses in the wake of Wall Street’s downturn

    Asian stock markets poised for potential losses in the wake of Wall Street’s downturn

    Asian equities observe positive start as optimism on Wall Street echoes

    Asian stocks may face headwinds after sell-off on Wall Street

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    USD/MYR Technical Analysis

    USD/MYR Technical Analysis

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    Asian stock markets poised for potential losses in the wake of Wall Street’s downturn

    Asian stock markets poised for potential losses in the wake of Wall Street’s downturn

    Asian equities observe positive start as optimism on Wall Street echoes

    Asian stocks may face headwinds after sell-off on Wall Street

    Asia equities trading mixed following similar performance on Wall Street

    Asian markets poised to react positively

    USD/MYR Technical Analysis

    USD/MYR Technical Analysis

    Asia equities trading sideways following choppy price action on Wall Street

    Asian equities poised for positive trading following volatile session on Wall Street

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European markets start the week with mix opening

Pierre Veyret by Pierre Veyret
June 17, 2019
in Markets, Opinion, World
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European markets had mixed open today, continuing the consolidation phase started last week, as investors try to gauge the market sentiment 10 days ahead of the G-20 meeting in Osaka. Traders are bracing for this week’s FOMC meeting (18th-19th of June) and the market expects a more dovish turn with a possible, but not likely, rate cut.

Photo by Maryna Yazbeck.

No significant price action is expected for the beginning of the week but some interesting moves are already happening on EU stocks, especially on airlines that are getting hit hard by rising oil prices: EasyJet -3.4%, Ryanair -3.3%, Air France -4.4% and -10.0% for Lufthansa. The Stoxx-50 index is trading higher after having confirmed the 3,380.0pts price level as a short-term support for the market. New targets are set towards 3,390.0pts/3,400.0pts then 3,415.0pts.

Tags: euroFOMCG20 Summit
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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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