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Markets US President Trump has been keeping the market in extreme suspense the last few weeks and especially days with what he calls “the Big One”. That’s referring to a major tariff policy plan that almost certainly trumps all the levies POTUS already introduced earlier this year. The big unveil is almost there and markets […]

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14/05/2024

Sunset Market Commentary

Markets Both interest rate markets and the dollar held a wait-and-see mode this morning with EMU bonds slightly underperforming the US Treasuries. German ZEW investors sentiment again improved more than expected (expectations index from 42.9 to 47.1, the 10th consecutive improvement). This is not the most important input for the ECB, but it maybe marginally […]
01/03/2024

Nasdaq (NQ) Extending Higher in Impulsive Structure

The short-term Elliott Wave View in the Nasdaq (NQ) suggests that rally from 1.5.2024 low is in progress as a nesting 5 waves impulse. Up from 1.5.2024 low, wave ((i)) ended at 18121.5 and pullback in wave ((ii)) ended at 17372.75. Internal subdivision of wave ((ii)) unfolded as a zigzag structure. Down from wave ((i)), […]
20/02/2025

Consumer Confidence to Shed Light on European Economic Outlook

In focus today Large data prints are due in Denmark. We receive consumer confidence data for February. We expect confidence to rise to -11, which still indicates a negative view of the Danish economy among the Danes despite the noticeable uptick in consumption and wages outpacing inflation. GDP for Q4 is also due, with current […]