• Latest
  • Trending
  • All
Investors nervous amid Brexit and virus developments

Investors nervous amid Brexit and virus developments

December 8, 2020 04:00
Equity markets mostly depressed

Equity markets mostly depressed

September 22, 2023 07:00
Dollar lacks upside momentum due to lower Treasury yields

Dollar receives fresh impetus from Fed

September 21, 2023 07:01
Dollar lacks upside momentum due to lower Treasury yields

Greenback paralyzed in anticipation of Fed decision

September 20, 2023 07:00
Stock markets directionless as Fed meeting looms

Stock markets directionless as Fed meeting looms

September 19, 2023 07:03
Dollar lacks upside momentum due to lower Treasury yields

Dollar under some pressure after the weekend

September 18, 2023 07:00
Economic data and ECB boost stock market rally

Economic data and ECB boost stock market rally

September 15, 2023 07:57
Dollar lacks upside momentum due to lower Treasury yields

USD hesitates below the 105.00 barrier

September 14, 2023 07:00
Dollar lacks upside momentum due to lower Treasury yields

USD steady and resilient in anticipation of US CPI

September 13, 2023 07:15
Stock markets struggle for direction ahead of major events

Stock markets struggle for direction ahead of major events

September 12, 2023 07:19
Dollar lacks upside momentum due to lower Treasury yields

Dollar rally pauses to start the week

September 11, 2023 06:46
Risk sentiment improves somewhat after a streak of losses

Risk sentiment improves somewhat after a streak of losses

September 8, 2023 07:08
Dollar lacks upside momentum due to lower Treasury yields

Unabated dollar demand keeps pressuring gold

September 7, 2023 07:26
  • Terms & Сonditions
  • Contact
Friday, September 22, 2023
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Equity markets mostly depressed

    Equity markets mostly depressed

    Stock markets directionless as Fed meeting looms

    Stock markets directionless as Fed meeting looms

    Economic data and ECB boost stock market rally

    Economic data and ECB boost stock market rally

    Stock markets struggle for direction ahead of major events

    Stock markets struggle for direction ahead of major events

    Risk sentiment improves somewhat after a streak of losses

    Risk sentiment improves somewhat after a streak of losses

    Dollar buoyed by risk aversion

    Dollar buoyed by risk aversion

    Equity markets indecisive ahead of the weekend

    Equity markets indecisive ahead of the weekend

    Stocks advance amid signs of a cooling US economy

    Stocks advance amid signs of a cooling US economy

    Powell and China fuel stock market rally

    Powell and China fuel stock market rally

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Equity markets mostly depressed

    Equity markets mostly depressed

    Stock markets directionless as Fed meeting looms

    Stock markets directionless as Fed meeting looms

    Economic data and ECB boost stock market rally

    Economic data and ECB boost stock market rally

    Stock markets struggle for direction ahead of major events

    Stock markets struggle for direction ahead of major events

    Risk sentiment improves somewhat after a streak of losses

    Risk sentiment improves somewhat after a streak of losses

    Dollar buoyed by risk aversion

    Dollar buoyed by risk aversion

    Equity markets indecisive ahead of the weekend

    Equity markets indecisive ahead of the weekend

    Stocks advance amid signs of a cooling US economy

    Stocks advance amid signs of a cooling US economy

    Powell and China fuel stock market rally

    Powell and China fuel stock market rally

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

Home » Investors nervous amid Brexit and virus developments

Investors nervous amid Brexit and virus developments

by Stephen Soo
December 8, 2020 04:00
in Fundamental analysis
0
Investors nervous amid Brexit and virus developments

Talks between the U.K. and EU continue to yield little progress

Wall Street stocks finished mixed on Monday as risk sentiment has deteriorated somehow at the start of a new trading week amid a new round of COVID-19 restrictions. According to data compiled by Johns Hopkins University, the United States reported 175,663 new virus cases and 1,113 deaths on Monday. While the Nasdaq climbed to a record high, adding 0.45%, the Dow Jones and the S&P 500 shed 0.49% and 0.19%, respectively.

Asian stocks were mixed on Tuesday as surging coronavirus infections in some countries tempered market optimism surrounding vaccines. The Nikkei 225 in Tokyo lost 0.3% and the Hang Seng in Hong Kong shed 0.76%. The Shanghai Composite Index was off 0.19% while Sydney’s S&P/ASX 200 advanced 0.19%.

In Europe, equities opened slightly lower to start the day, mirroring the somewhat softer tone in US futures as well, with S&P 500 futures seen down by 0.2%. Brexit issues remain in market focus now, with investors also shifting their attention to the ECB meeting due on Thursday. Talks between the U.K. and EU continue to yield little progress, making investors nervous as time is running out to agree on a deal. The pan-European Stoxx 600 index opened 0.1% lower, with most sectors in negative territory.

Meanwhile, the dollar is little changed on Tuesday, staying close to April 2018 lows after yesterday’s bullish attempts fizzled out quickly. EURUSD is back above 1.2100 but could lack the upside momentum to resume the rally ahead of the upcoming ECM meeting that could put the common currency under pressure if the central bank expresses a dovish tone and delivers additional supportive measures. If so, the pair may retreat below the 1.2000 handle. On the other hand, further progress towards fiscal stimulus measures in the US could add to the selling pressure surrounding the greenback this week.

Tags: BrexitCovid-19DOW JONESECBEURUSDHang SengNikkeiStoxx 600
Share4Tweet2
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

Equity markets mostly depressed
Fundamental analysis

Equity markets mostly depressed

September 22, 2023 07:00
11
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar receives fresh impetus from Fed

September 21, 2023 07:01
13
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Greenback paralyzed in anticipation of Fed decision

September 20, 2023 07:00
14
Stock markets directionless as Fed meeting looms
Fundamental analysis

Stock markets directionless as Fed meeting looms

September 19, 2023 07:03
13
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar under some pressure after the weekend

September 18, 2023 07:00
13
Economic data and ECB boost stock market rally
Fundamental analysis

Economic data and ECB boost stock market rally

September 15, 2023 07:57
15

Leave Your Opinion Cancel reply

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

Recommended

Investor sentiment remains unstable amid geopolitical developments

Risk demand turns more measured ahead of the weekend

July 29, 2022 06:28
18
DVD rental chain Family Video makes last stand against COVID-19

DVD rental chain Family Video makes last stand against COVID-19

November 10, 2020 03:24
11
Dollar regains ground as equities mixed

Risk demand unstable, dollar ascent wanes

April 5, 2022 05:01
14

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
124
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