• Latest
  • Trending
  • All
Risk sentiment has improved amid rising oil prices on expectations of demand pickup and supply cuts

Stocks and oil rally, dollar gains marginally

May 18, 2020 05:53
Dollar lacks upside momentum due to lower Treasury yields

Dollar comes off fresh lows in volatile trading

May 27, 2022 06:55
Investor sentiment mixed in thinner pre-holiday deals

Investors cautiously optimistic ahead of the weekend

May 27, 2022 04:15
Dollar lacks upside momentum due to lower Treasury yields

USD back under pressure as market sentiment improves

May 26, 2022 06:57
Downbeat tone ahead of news from the US

Markets digest FOMC meeting minutes

May 26, 2022 06:46
Dollar lacks upside momentum due to lower Treasury yields

Dollar off one-month lows as bulls reenter the game

May 25, 2022 06:12
Market sentiment worsens across the world

Stocks bounce after another widespread sell-off

May 25, 2022 04:54
Dollar lacks upside momentum due to lower Treasury yields

Greenback trims losses, but stays offered nearly across the board

May 24, 2022 06:12
Global stocks in recovery mode but still cautious

Stocks back under pressure after short-lived relief rally

May 24, 2022 04:42
Dollar lacks upside momentum due to lower Treasury yields

Dollar keeps bleeding as bearish correction continues

May 23, 2022 06:27
Markets digest the inflation shock, dollar enjoys the rally

Dollar sags as investor sentiment keeps improving

May 23, 2022 05:09
Dollar lacks upside momentum due to lower Treasury yields

USD treads water after plunge, markets steady ahead of the weekend

May 20, 2022 06:21
Investor sentiment looks neutral at the start of the week

Modest bounce after sell-off ahead of the weekend

May 20, 2022 04:51
  • Terms & Сonditions
  • Contact
Saturday, May 28, 2022
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Investor sentiment mixed in thinner pre-holiday deals

    Investors cautiously optimistic ahead of the weekend

    Downbeat tone ahead of news from the US

    Markets digest FOMC meeting minutes

    Market sentiment worsens across the world

    Stocks bounce after another widespread sell-off

    Global stocks in recovery mode but still cautious

    Stocks back under pressure after short-lived relief rally

    Markets digest the inflation shock, dollar enjoys the rally

    Dollar sags as investor sentiment keeps improving

    Investor sentiment looks neutral at the start of the week

    Modest bounce after sell-off ahead of the weekend

    Geopolitical tensions ease but risks persist

    Global stock rout continues on growth fears

    Chinese data spooks investors, sentiment turns sour

    Stock markets turn directionless after a bounce

    Sentiment turns sour, dollar steadies ahead of the weekend

    USD gives up gains as risk sentiment improves further

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Investor sentiment mixed in thinner pre-holiday deals

    Investors cautiously optimistic ahead of the weekend

    Downbeat tone ahead of news from the US

    Markets digest FOMC meeting minutes

    Market sentiment worsens across the world

    Stocks bounce after another widespread sell-off

    Global stocks in recovery mode but still cautious

    Stocks back under pressure after short-lived relief rally

    Markets digest the inflation shock, dollar enjoys the rally

    Dollar sags as investor sentiment keeps improving

    Investor sentiment looks neutral at the start of the week

    Modest bounce after sell-off ahead of the weekend

    Geopolitical tensions ease but risks persist

    Global stock rout continues on growth fears

    Chinese data spooks investors, sentiment turns sour

    Stock markets turn directionless after a bounce

    Sentiment turns sour, dollar steadies ahead of the weekend

    USD gives up gains as risk sentiment improves further

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
No Result
View All Result

Home » Stocks and oil rally, dollar gains marginally

Stocks and oil rally, dollar gains marginally

Risk sentiment has improved amid rising oil prices on expectations of demand pickup and supply cuts

by Stephen Soo
May 18, 2020 05:53
in Fundamental analysis
0
Risk sentiment has improved amid rising oil prices on expectations of demand pickup and supply cuts

Wall Street stocks rose marginally on Friday despite dismal US economic data rising U.S.-China tensions. The Dow gained 0.25%, the S&P 500 advanced 0.39% while the Nasdaq Composite climbed 0.79%. U.S. monthly retail sales fell by 16.4% last month while core retail sales dropped 15.3%.

Today in Asia, stocks gained after the Federal Reserve governor said in the recent interview that the American economy might start to recover this year from the coronavirus pandemic. Japan’s Nikkei 225 added 0.48% even after Japan slipped into a recession in the first quarter. Gross domestic product shrank an annualized 3.4% in the three months through March. On the trade front, White House trade advisor Peter Navarro said that Beijing sent “hundreds of thousands of Chinese on aircraft to Milan, New York and around the world” to spread the COVID-19 virus after hiding it from the world for two months.

European stock markets opened on a positive note, supported by data showing the slowest rate of growth in new-virus cases since late February. Economies across the continent continue to lift lockdown restrictions, adding to optimism among investors. Besides, risk sentiment has improved amid rising oil prices on expectations of demand pickup and supply cuts.

In currencies, the dollar is marginally higher against major counterparts. EURUSD still struggles to overcome the 1.08 handle despite the risk-on tone prevails in the financial markets. USDJPY climbed to the 107.30 area but the pair is yet to confirm a breakout on a daily closing basis. 

Elsewhere, Brent crude continues to climb on Monday as investors bet on a recovery in energy demand following the coronavirus crisis. The futures climbed to five-week highs around $34. Oil prices continue to recover, being supported by output cuts and signs of a gradual recovery in fuel demand as more countries ease restrictions imposed amid the coronavirus pandemic. Once above $34, Brent crude will target the $35 barrier. 

Tags: BRENTDOW JONESEURUSDFederal ReserveNasdaqNikkeiOilUSDJPY
Share3Tweet2
ADVERTISEMENT
Stephen Soo

Stephen Soo

Stephen's specialty is fundamental analysis. He graduated from the Booth School of Business, the University of Chicago. Stephen currently cooperates with several news agencies, and on FWNews he publishes macroeconomic news and reviews on brokerage companies.

Related Posts

Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar comes off fresh lows in volatile trading

May 27, 2022 06:55
13
Investor sentiment mixed in thinner pre-holiday deals
Fundamental analysis

Investors cautiously optimistic ahead of the weekend

May 27, 2022 04:15
13
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

USD back under pressure as market sentiment improves

May 26, 2022 06:57
15
Downbeat tone ahead of news from the US
Fundamental analysis

Markets digest FOMC meeting minutes

May 26, 2022 06:46
20
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar off one-month lows as bulls reenter the game

May 25, 2022 06:12
20
Market sentiment worsens across the world
Fundamental analysis

Stocks bounce after another widespread sell-off

May 25, 2022 04:54
21

Leave Your Opinion Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Dollar lacks upside momentum due to lower Treasury yields

Dollar retreats slightly at the start of the year

January 3, 2022 05:13
10

Federal Reserve Board announces approval of the application by Apex Bancorp, Inc.

August 4, 2020 20:29
10
Dollar lacks upside momentum due to lower Treasury yields

USD bulls remain in control

March 3, 2022 06:26
11

Ads

Shneider Electric

Most Popular

A slow start to the week in FX markets
Technical analysis

Dollar regains ground to start the week

January 25, 2021 07:25
118
A slow start to the week in FX markets
Technical analysis

Greenback advances modestly amid strong data

May 28, 2021 07:38
110
Kim Jong Un reportedly says his nuclear weapons guarantee there will be no more war
News

Kim Jong Un reportedly says his nuclear weapons guarantee there will be no more war

July 28, 2020 08:29
95
FWNews

Copyright © 2020 FWNews

  • Terms & Сonditions
  • Contact
No Result
View All Result
  • FUNDAMENTALS
  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage

Copyright © 2020 FWNews