• Latest
  • Trending
  • All
Investors turn more cautious, dollar trims losses to start the week

Investors turn more cautious, dollar trims losses to start the week

November 30, 2020 05:31
Dollar lacks upside momentum due to lower Treasury yields

USD bulls remain on the offensive across the market

August 19, 2022 09:53
Stocks erase gains as cautious tone persists in the markets

Markets mixed amid persisting global uncertainty

August 19, 2022 09:43
Dollar lacks upside momentum due to lower Treasury yields

Buying pressure keeps building surrounding the US dollar

August 18, 2022 08:47
Risk demand prevails after FOMC minutes

Stocks trend lower after FOMC minutes

August 18, 2022 08:37
Dollar lacks upside momentum due to lower Treasury yields

US dollar maintains bullish trajectory

August 17, 2022 07:08
Global stocks retreat after a plunge on Wall Street

Global stocks mixed-to-higher, investors stay cautious

August 17, 2022 06:56
Dollar lacks upside momentum due to lower Treasury yields

USD demand persists across the market

August 16, 2022 06:49
Euro rises despite а stronger dollar

Risk mood turns more measured, euro threatens parity again

August 16, 2022 06:42
Dollar lacks upside momentum due to lower Treasury yields

Dollar buoyed at the start of the week

August 15, 2022 05:39
Investors stay nervous as tensions escalate

Investors start the week on a cautious note

August 15, 2022 05:25
Dollar lacks upside momentum due to lower Treasury yields

Dollar tries to shrug off selling pressure

August 12, 2022 09:58
Equity markets mixed ahead of the weekend

Markets struggle for direction ahead of the weekend

August 12, 2022 09:42
  • Terms & Сonditions
  • Contact
Saturday, August 20, 2022
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Stocks erase gains as cautious tone persists in the markets

    Markets mixed amid persisting global uncertainty

    Risk demand prevails after FOMC minutes

    Stocks trend lower after FOMC minutes

    Global stocks retreat after a plunge on Wall Street

    Global stocks mixed-to-higher, investors stay cautious

    Euro rises despite а stronger dollar

    Risk mood turns more measured, euro threatens parity again

    Investors stay nervous as tensions escalate

    Investors start the week on a cautious note

    Equity markets mixed ahead of the weekend

    Markets struggle for direction ahead of the weekend

    Stocks climb marginally, pressuring the greenback

    Investors welcome cooling inflation, dollar sags

    Yellen failed to spook global markets

    Risk-off tone dominates global markets

    Stocks making recovery attempts, markets remain unstable

    Stock markets little changed amid cautious trades

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Stocks erase gains as cautious tone persists in the markets

    Markets mixed amid persisting global uncertainty

    Risk demand prevails after FOMC minutes

    Stocks trend lower after FOMC minutes

    Global stocks retreat after a plunge on Wall Street

    Global stocks mixed-to-higher, investors stay cautious

    Euro rises despite а stronger dollar

    Risk mood turns more measured, euro threatens parity again

    Investors stay nervous as tensions escalate

    Investors start the week on a cautious note

    Equity markets mixed ahead of the weekend

    Markets struggle for direction ahead of the weekend

    Stocks climb marginally, pressuring the greenback

    Investors welcome cooling inflation, dollar sags

    Yellen failed to spook global markets

    Risk-off tone dominates global markets

    Stocks making recovery attempts, markets remain unstable

    Stock markets little changed amid cautious trades

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

Home » Investors turn more cautious, dollar trims losses to start the week

Investors turn more cautious, dollar trims losses to start the week

by Stephen Soo
November 30, 2020 05:31
in Fundamental analysis
0
Investors turn more cautious, dollar trims losses to start the week

China’s official manufacturing PMI rose to 52.1 in November from 51.4 in October

Wall Street stocks finished higher in a shortened session on Friday amid fading political uncertainty and positive vaccine news. The benchmark index S&P 500 rose 0.24%, closing at an all-time high. The Nasdaq also set a record, rising by 0.90%, while the Dow Jones Industrial Average gained just 0.12%, slightly off the 30,000 psychological mark.

Asian markets lost early gains and closed lower on Monday amid renewed caution among investors. On the positive side, however, China’s official manufacturing PMI rose to 52.1 in November from 51.4 in October. It was the highest PMI reading since September 2017. Japan’s benchmark Nikkei 225 closed down 0.8% and South Korea’s Kospi fell 1.60%. China’s Shanghai Composite lost 0.5%.

In Europe, equities opened lower, with oil and gas shares shedding over 2.0% to lead losses at the start of the week as investors are getting nervous ahead of this week’s meeting of OPEC and allies. European Central Bank President Christine Lagarde is due to speak later today while on the data front, Germany inflation data will come into market focus.

Meanwhile, the dollar trims earlier losses while staying under pressure, with EURUSD nearing the 1.2000 barrier for the first time since late-August when the pair was rejected from the psychological handle. If the greenback stays on the defensive in the short term, the pair could attempt a move above 1.2000 but a decisive breakout looks unlikely at this stage.

Elsewhere, oil prices slid after a panel of OPEC+ ministers failed to reach an agreement on supply before a full meeting. Still, Brent crude managed to hold above the $47 figure and trimmed intraday losses as traders have shifted into a wait-and-see mode ahead of the OPEC+ decision due tomorrow. On the upside, the $50 barrier remains in focus.

Tags: DOW JONESECBEURUSDNasdaqNikkeiOPEC
Share2Tweet2
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

USD bulls remain on the offensive across the market

August 19, 2022 09:53
12
Stocks erase gains as cautious tone persists in the markets
Fundamental analysis

Markets mixed amid persisting global uncertainty

August 19, 2022 09:43
14
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Buying pressure keeps building surrounding the US dollar

August 18, 2022 08:47
22
Risk demand prevails after FOMC minutes
Fundamental analysis

Stocks trend lower after FOMC minutes

August 18, 2022 08:37
22
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

US dollar maintains bullish trajectory

August 17, 2022 07:08
24
Global stocks retreat after a plunge on Wall Street
Fundamental analysis

Global stocks mixed-to-higher, investors stay cautious

August 17, 2022 06:56
27

Leave Your Opinion Cancel reply

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

Recommended

Agencies provide largest firms with information for next resolution plans

July 1, 2020 02:03
10
Pound corrects higher due to dollar weakness

Dollar retreats from one-week highs

September 9, 2021 07:02
15

Near-zero interest rates may be needed for up to 3 years, says Dallas Fed’s Robert Kaplan

September 30, 2020 11:14
10

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 © 2022 FWNews

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

Copyright © 2022 FWNews