📉 DE30 falls more than 2.2%

18:30 24 āļĄāļĩāļ™āļēāļ„āļĄ 2023

ðŸ’Ĩ Bonds drift higher on wave of economic uncertainty

The risk of escalating banking sector problems put downward pressure on European indices today. Investors had hoped that the risk would stabilize with the takeover of Credit Suisse by UBS bank (UBSG.CH). This did not happen, however, and the redemption of AT1 bondholders has set a potentially dangerous precedent. Market attention is now focused on Deutsche Bank (DB.DE) shares, which are down more than 12% today. Its valuation is deepening its discount to book value and credit default swaps (CDS) have climbed to levels last seen in 2020. This indicates that the speculative market is increasingly confident that the institution's problems will get worse. Yesterday's comments from Janet Yellen, who conveyed that regulators were prepared to support banks with additional liquidity, did not sustainably improve market sentiment. Instead, investors became convinced that the crisis was not over. In addition, the rating agency Moody's indicated yesterday that the problems of US banks may be far from over.

What's more, we are seeing huge buying pressure on government bonds of the most developed economies today. German Bunds are gaining more than 2.5% and US T-Bonds are up 1.36%. DAX (DE30) futures are down more than 2.2%. Weak sentiment also prevails on the UK benchmark UK100 and the French CAC40.

āđ€āļĢāļīāđˆāļĄāđ€āļ—āļĢāļ”āļ—āļąāļ™āļ—āļĩāļ§āļąāļ™āļ™āļĩāđ‰ āļŦāļĢāļ·āļ­ āļĨāļ­āļ‡āđƒāļŠāđ‰āļšāļąāļāļŠāļĩāļ—āļ”āļĨāļ­āļ‡āđāļšāļšāđ„āļĢāđ‰āļ„āļ§āļēāļĄāđ€āļŠāļĩāđˆāļĒāļ‡

āđ€āļ›āļīāļ”āļšāļąāļāļŠāļĩ āļĨāļ­āļ‡āļšāļąāļāļŠāļĩāđ€āļ”āđ‚āļĄāđˆ āļ”āļēāļ§āļ™āđŒāđ‚āļŦāļĨāļ”āđāļ­āļ›āļĄāļ·āļ­āļ–āļ·āļ­ āļ”āļēāļ§āļ™āđŒāđ‚āļŦāļĨāļ”āđāļ­āļ›āļĄāļ·āļ­āļ–āļ·āļ­

The TNOTE is today breaking out the top from the very important resistance outlined in the medium term. Source: xStation5 

Deutsche Bank's credit default swaps illustrate the increasing propensity to hedge against a potential bankruptcy and default of the German institution. Source: Bloomberg

OIS swaps are pricing in a near 73.5% chance of a rate hike at the FOMC meeting in May and a 65.5% chance of a 25bp rate cut at the next meeting in June. Source: CME

āļŦāļļāđ‰āļ™:
āļāļĨāļąāļšāđ„āļ›

āļ‚āđˆāļēāļ§āđƒāļ™āļ•āļĨāļēāļ”āļāļēāļĢāđ€āļ‡āļīāļ™

30.06.2025
01:16

āļ‚āđˆāļēāļ§āđ€āļ”āđˆāļ™āļ§āļąāļ™āļ™āļĩāđ‰: āļ”āļ­āļĨāļĨāļēāļĢāđŒāļ­āđˆāļ­āļ™āļ„āđˆāļē āļ‚āļ“āļ°āļ—āļĩāđˆāļ”āļąāļŠāļ™āļĩāļŦāļļāđ‰āļ™āļŠāļŦāļĢāļąāļāļŊ āļžāļļāđˆāļ‡āļ—āļģāļˆāļļāļ”āļŠāļđāļ‡āļŠāļļāļ”āđƒāļŦāļĄāđˆāļ­āļĩāļāļ„āļĢāļąāđ‰āļ‡ (30.06.2025)

āļ”āļąāļŠāļ™āļĩāļŦāļļāđ‰āļ™āļŠāļŦāļĢāļąāļāļŊ āļ›āļīāļ”āđ„āļ•āļĢāļĄāļēāļŠ 2 āļ›āļĩ 2025 āļ—āļĩāđˆāļĢāļ°āļ”āļąāļšāļŠāļđāļ‡āļŠāļļāļ”āđ€āļ›āđ‡āļ™āļ›āļĢāļ°āļ§āļąāļ•āļīāļāļēāļĢāļ“āđŒ āļ—āđˆāļēāļĄāļāļĨāļēāļ‡āļ—āđˆāļēāļ—āļĩāļ‚āļ­āļ‡āļ˜āļ™āļēāļ„āļēāļĢāļāļĨāļēāļ‡āļŠāļŦāļĢāļąāļāļŊ (Fed) āļ—āļĩāđˆāđ€āļĢāļīāđˆāļĄāļ­āđˆāļ­āļ™āļĨāļ‡ āđāļĨāļ°āļ„āļ§āļēāļĄāļ„āļēāļ”āļŦāļ§āļąāļ‡āđ€āļāļĩāđˆāļĒāļ§āļāļąāļšāļ‚āđ‰āļ­āļ•āļāļĨāļ‡āļ—āļēāļ‡āļāļēāļĢāļ„āđ‰āļēāļĢāļ°āļŦāļ§āđˆāļēāļ‡āļŠāļŦāļĢāļąāļāļŊ...

22:45

EURUSD āļ—āļ°āļĨāļļāļĢāļ°āļ”āļąāļš 1.1750 āļŦāļĨāļąāļ‡ Fed āļŠāđˆāļ‡āļŠāļąāļāļāļēāļ“āļœāđˆāļ­āļ™āļ„āļĨāļēāļĒ ðŸ•Šïļ

EUR/USD āđ€āļ”āļīāļ™āļŦāļ™āđ‰āļēāļ—āļ°āļĨāļļ 1.1750 āļ•āđˆāļ­āđ€āļ™āļ·āđˆāļ­āļ‡ āļŦāļĨāļąāļ‡āļ›āļĢāļ°āļ˜āļēāļ™ Fed āļŠāļēāļ‚āļēāđāļ­āļ•āđāļĨāļ™āļ•āļēāļŠāđˆāļ‡āļŠāļąāļāļāļēāļ“āļœāđˆāļ­āļ™āļ„āļĨāļēāļĒ āļ„āļđāđˆāđ€āļ‡āļīāļ™ EUR/USD āļĒāļąāļ‡āļ„āļ‡āļžāļļāđˆāļ‡āļ‚āļķāđ‰āļ™āđ€āļŦāļ™āļ·āļ­āļĢāļ°āļ”āļąāļš 1.1750 āļŦāļĨāļąāļ‡āļˆāļēāļ Raphael Bostic...

21:43

āļ‚āđˆāļēāļ§āđ€āļ”āđˆāļ™: āļāļīāļˆāļāļĢāļĢāļĄāļ āļēāļ„āļāļēāļĢāļœāļĨāļīāļ•āļ‚āļ­āļ‡ Fed āļŠāļēāļ‚āļēāļ”āļąāļĨāļĨāļąāļŠāļ•āđˆāļģāļāļ§āđˆāļēāļ—āļĩāđˆāļ„āļēāļ”āļāļēāļĢāļ“āđŒāđ„āļ§āđ‰

15:30 BST, āļŠāļŦāļĢāļąāļāļ­āđ€āļĄāļĢāļīāļāļē - āļ”āļąāļŠāļ™āļĩāļāļīāļˆāļāļĢāļĢāļĄāļ āļēāļ„āļāļēāļĢāļœāļĨāļīāļ•āļ‚āļ­āļ‡ Fed āļŠāļēāļ‚āļēāļ”āļąāļĨāļĨāļąāļŠ āļ›āļĢāļ°āļˆāļģāđ€āļ”āļ·āļ­āļ™āļĄāļīāļ–āļļāļ™āļēāļĒāļ™ āļ•āļąāļ§āđ€āļĨāļ‚āļˆāļĢāļīāļ‡: -12.7 āļ„āļēāļ”āļāļēāļĢāļ“āđŒ: -12 āļāđˆāļ­āļ™āļŦāļ™āđ‰āļē:...

āđ€āļ‚āđ‰āļēāļŠāļđāđˆāļ•āļĨāļēāļ”āļžāļĢāđ‰āļ­āļĄāļĨāļđāļāļ„āđ‰āļēāļ‚āļ­āļ‡ XTB Group āļāļ§āđˆāļē 1 600 000 āļĢāļēāļĒ

āļœāļĨāļīāļ•āļ āļąāļ“āļ‘āđŒāļ—āļēāļ‡āļāļēāļĢāđ€āļ‡āļīāļ™āļ—āļĩāđˆāđ€āļĢāļēāđƒāļŦāđ‰āļšāļĢāļīāļāļēāļĢāļĄāļĩāļ„āļ§āļēāļĄāđ€āļŠāļĩāđˆāļĒāļ‡ āđ€āļĻāļĐāļŦāļļāđ‰āļ™ (Fractional Shares) āđ€āļ›āđ‡āļ™āļœāļĨāļīāļ•āļ āļąāļ“āļ‘āđŒāļ—āļĩāđˆāđƒāļŦāđ‰āļšāļĢāļīāļāļēāļĢāļˆāļēāļ XTB āđāļŠāļ”āļ‡āļ–āļķāļ‡āļāļēāļĢāđ€āļ›āđ‡āļ™āđ€āļˆāđ‰āļēāļ‚āļ­āļ‡āļŦāļļāđ‰āļ™āļšāļēāļ‡āļŠāđˆāļ§āļ™āļŦāļĢāļ·āļ­ ETF āđ€āļĻāļĐāļŦāļļāđ‰āļ™āđ„āļĄāđˆāđƒāļŠāđˆāļœāļĨāļīāļ•āļ āļąāļ“āļ‘āđŒāļ—āļēāļ‡āļāļēāļĢāđ€āļ‡āļīāļ™āļ­āļīāļŠāļĢāļ° āļŠāļīāļ—āļ˜āļīāļ‚āļ­āļ‡āļœāļđāđ‰āļ–āļ·āļ­āļŦāļļāđ‰āļ™āļ­āļēāļˆāļ–āļđāļāļˆāļģāļāļąāļ”
āļ„āļ§āļēāļĄāļŠāļđāļāđ€āļŠāļĩāļĒāļŠāļēāļĄāļēāļĢāļ–āđ€āļāļīāļ™āļāļ§āđˆāļēāđ€āļ‡āļīāļ™āļ—āļĩāđˆāļāļēāļ