As market players search for clues to lack of moves, comments from Marko Kolanovic, global head of macro quantitative and derivatives research at JPMorgan Chase & Co, crossed wires during late Thursday. While spotting “no real change in the macro fundamental” Mr. Kolanovic raises doubts over the fears of “month- and quarter-end rebalances that are broadly advertised as an event that will lead to equity selling.” Even so, some of the catalysts mentioned include, “The Fed has remained dovish, the US stimulus was released as planned, and the pandemic and vaccination in the US are steadily improving.” Furthermore, “The European COVID-19 situation is lagging behind that of the US and UK, which was broadly expected and well understood due to vaccination delays.” In the conclusion, the US central banker said, “There will be no monthly selling and indeed there could be buying of equities into month-end. A lack of these flows, and broad anticipation of ‘month/quarter-end’ effect, could result in the market moving higher near term, all else equal.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Fed’s Daly: US job market is definitely ‘still in a ditch’ FX Street 8 months As market players search for clues to lack of moves, comments from Marko Kolanovic, global head of macro quantitative and derivatives research at JPMorgan Chase & Co, crossed wires during late Thursday. While spotting "no real change in the macro fundamental" Mr. Kolanovic raises doubts over the fears of "month- and quarter-end rebalances that are broadly advertised as an event that will lead to equity selling." Even so, some of the catalysts mentioned include, "The Fed has remained dovish, the US stimulus was released as planned, and the pandemic and vaccination in the US are steadily improving." Furthermore, "The European… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
