ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 05/05/2025

ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 05/05/2025

Deutsche Bank : Deutsche Bank makes a solid start to 2025

EW-COMMODITIES OUTLOOK - March 2020 - Base Metals Heading for Major Lows in Q2 2020 – Inflation-Pop Uptrend Cycle On-Track Thereafter – Gold to Begin Corrective Downswing - Crude/Brent Oil Continuing Corrective

In This Edition: This month’s Elliott Wave Commodities report updates the latest price developments for key benchmarks, Copper, Gold and Crude oil following steep declines during February’s stock market plunge. The coronavirus COVID-19 has spread from its epicentre in Wuhan city, China to other Asian regions with South Korea and Japan particularly effected with the former reporting cases of over 5,800, the largest outside of China. But Europe is now reporting an alarming increase of contagion. Italy has taken emergency steps by closing schools, public offices and transport in its industrial h...

COMMODITIES OUTLOOK - December 2019 - Phase-One Trade Deal Lethargy! – Base Metals Continue Lower - Major Lows for Q1 2020 – Inflation-Pop Cycle On-Track for Q2 2020 – Precious Metals in Corrective Downswing...

The two key drivers for most commodities remain the direction/amplitude of the US$ dollar and the ongoing trade-tariff negotiations between the U.S. and China. For the most part, the US$ dollar index was identified last October as resuming its 7.8-year cycle downtrend which originated from the Jan.’17 peak of 103.82. Despite the market’s bullish interpretation from a phase-one trade deal, the outlook remains very bearish. So what does this suggest? – does the trade-deal collapse or does its effects get brushed aside due to some other exogenous event? – or maybe the Elliott Wave analysis is ske...

The EW-Navigator - December 2019 - Benchmark Indices set for Corrective Downswing – End of Technical Recession by Early 2020 – Banking Sector Revival – US$ Dollar resumes 7.8-year cycle downtrend

Bank of America/Merrill Lynch’s latest Global Fund Manager Survey identified a huge surge higher for stock market optimism during the last month. The survey noted that improving growth prospects, driven in part by lower interest rates and increasing optimism that the US and China are nearing a phase 1 trade deal have injected vitality into risky assets and an unwinding of safe-haven assets. The allocation to global equities climbed 20 percentage points month on month to net 21% overweight, the highest level in one year. That surge in just one month is really important because it contrasts to ...