This week has proved to be quite hard; all the traders’ attention has been drawn to the changes of probability the Fed would increase the key rates. This nervousness is reflected in the key fund indices. E.g., Sartorius AG Vz gained an incredible 6.5%, while Infineon Technologies AG and Zalando SE improved their situation by 4.75% and 3.19% accordingly.

We also observe considerable growth in a variety of securities composing EURO STOXX 50, which ended the previous trading day in more than a 3% profit. However, we did not notice any considerable growth of the index in general. Consequently, the majority of the securities ended the day in losses.

DAX

Top: Sartorius AG Vz +6.48%, Infineon Technologies AG +4.75%, Zalando SE +3.19%

Flop: Fresenius SE & Co. KGaA -2.48%, RWE AG St -2.08, Vonovia SE -1.51%

EURO STOXX 50

Top: Infineon Technologies AG +4.42%, PROSUS NV EO +3.87%, Hermes International S.A. +3.39%

Flop: Pernod-Ricard S.A. -2.62%, LVMH S.A. -1.8%, SAP SE -1,62%

All of that is due to the nervousness provoked by the upcoming week, which is very important for the investors. The Fed would be the first one to publish their vote results, the Bank of England and the ECB would follow. As a result, the trading activity will be elevated in the fund sector as well as in the currency and commodity ones.

Bond market:

The Germany and France 10-year yields profitability has increased waiting for the ECB to increase the key rates. However, we do not see massive sales or even a moderate decline in the key fund indices. But, as you realized, this won’t go on like that forever. In conclusion, there’s a probability of a correctional decline with the fund market when the results of the vote on the key rates are made public.

Oil market

The oil market shows a moderate decline of the trading activity and even a side movement formation, which also draws a narrow figure. From one hand, this proves the market’s uncertainty, from the other hand, there’s a probability of a strong price movement.

A decline in the trading activity is connected with the two important factors. Firstly, China’s celebrating the Lunar New Year. Secondly, the investors are awaiting the results of the vote on the Fed key rate and the consequent comments.

The American regulator’s strict position in regards to the further monetary policy would reduce the oil demand. This scenario also supposes a decline in the buyers’ activity. It is not an only scenario, though, as there’re still chances the comments would soften the greenback.