Weekly comment MM Prime TFI  - December 18, 2017

Last week, the global stock market sentiment was bullish. During the last five trading days, the German DAX increased by 2.3%, the French CAC40 grew by 1.6% and the British FTSE250 soared by 0.7%. In the US, the DJI and the S&P500 rose by 0.4%, whereas the NASDAQ fell by 0.1%. The publication of the payrolls deserved the event of the past week name. The data from the American labor market was really solid – the unemployment rate remained at 4.1%, while the non-farm payrolls amounted to 221K vs 200K projected. Nevertheless, it was not a significant bullish incentive for the investors, because the labor market in the US has been in an excellent condition for a long time.

Tygodniowy komentarz MM Prime TFI S.A. - 4 grudnia 2017 r.

Weekly comment MM Prime TFI  - November 27, 2017

It was another week of bears’ dominance - the French CAC40 and the British FTSE250 declined by 1.1%, while the German DAX deteriorated by 1%. In the US, the DJI shrank by 0.3% and the S&P500 went down by 0.2%. Unlike to them, the NASDAQ rose by 0.5%. The market focused on the American tax reform last week. This was accepted by the House of Representatives, however, the risk of its rejection by the Senate remained meaningful. The materialization of this risk factor may significantly impact the market sentiment, even in a broader time horizon. Last week, investors learnt a lot of macroeconomic data as well.