A quiet Monday without US markets
With US markets closed for Presidents’ Day, the third Monday in February seems to be in a state of relative calm. On the macro front, interesting data from Japan.
Accustomed to rather eventful week openings, this third Monday in February may seem almost a relief. The US financial markets are closed for Presidents‘ Day and investors’ attention will focus on the European markets, waiting to see what will emerge from the meeting of the area’s political leaders on the subject of tariffs and the war in Ukraine.
Our intermarket dashboards take a snapshot of the situation at the end of Friday, with the halt, we will see if only momentary, to the bull run in gold and a sharp drop in volatility on stock markets.
On the macroeconomic front, the only interesting data today relates to Japanese GDP. Flash estimates from the February PMI surveys are expected later in the week on Friday.
Our forecast analysis suggests a positive day for European equities, a mixed situation for commodities, a further downward trend for yields and, finally, low volatility.
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NOTES AND WARNINGS
Analysis automatically generated by kbmeter.com. Analysis date: 17 February 2025 - 7:31 AM GMT+1
This content is provided for informational purposes only and should not be considered financial advice. All scores and assessments are based on the previous trading day’s closing prices. Futures indications refer to the date and time of the analysis.
