• Latest
  • Trending
  • All
The dollar is lower against the European counterparts but rises versus the safe-haven Japanese yen

Stocks at fresh highs to start the week

April 19, 2021 05:10
Equities struggle amid economic and China-related concerns

Equities struggle amid economic and China-related concerns

December 29, 2022 08:55
Dollar lacks upside momentum due to lower Treasury yields

Currencies stuck in ranges as New Year holiday looms

December 28, 2022 07:01
Stocks gain, dollar eases ahead of job market data

Dollar pressured by positive risk sentiment in thin markets

December 27, 2022 04:50
Dollar lacks upside momentum due to lower Treasury yields

Dollar tries to shrug off the pressure

December 26, 2022 05:13
Investors spooked by strong US data

Investors spooked by strong US data

December 23, 2022 11:55
Dollar lacks upside momentum due to lower Treasury yields

Dollar back under pressure after short-lived relief

December 22, 2022 05:17
Risk demand reemerges cautiously, but caution remains in place

Risk demand reemerges cautiously, but caution remains in place

December 21, 2022 08:49
Dollar lacks upside momentum due to lower Treasury yields

US dollar resists selling pressure

December 20, 2022 10:44
Market sentiment dented by recession fears

Market sentiment dented by recession fears

December 19, 2022 02:53
Dollar lacks upside momentum due to lower Treasury yields

Greenback stays on the defensive nearly across the board

November 16, 2022 05:34
Investor sentiment improves, but gains limited

Investor sentiment improves, but gains limited

November 15, 2022 05:46
Dollar lacks upside momentum due to lower Treasury yields

Dollar licks wounds after plunge

November 14, 2022 05:05
  • Terms & Сonditions
  • Contact
Monday, January 30, 2023
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Equities struggle amid economic and China-related concerns

    Equities struggle amid economic and China-related concerns

    Stocks gain, dollar eases ahead of job market data

    Dollar pressured by positive risk sentiment in thin markets

    Investors spooked by strong US data

    Investors spooked by strong US data

    Risk demand reemerges cautiously, but caution remains in place

    Risk demand reemerges cautiously, but caution remains in place

    Market sentiment dented by recession fears

    Market sentiment dented by recession fears

    Investor sentiment improves, but gains limited

    Investor sentiment improves, but gains limited

    Risk sentiment keeps deteriorating, dollar climbs

    Stocks celebrate US inflation, dollar slumps

    Virus, US-China tensions hit global markets

    Market sentiment turns cautious amid events in the US

    Investors look indecisive ahead of another volatile week

    Investors look indecisive ahead of another volatile week

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Equities struggle amid economic and China-related concerns

    Equities struggle amid economic and China-related concerns

    Stocks gain, dollar eases ahead of job market data

    Dollar pressured by positive risk sentiment in thin markets

    Investors spooked by strong US data

    Investors spooked by strong US data

    Risk demand reemerges cautiously, but caution remains in place

    Risk demand reemerges cautiously, but caution remains in place

    Market sentiment dented by recession fears

    Market sentiment dented by recession fears

    Investor sentiment improves, but gains limited

    Investor sentiment improves, but gains limited

    Risk sentiment keeps deteriorating, dollar climbs

    Stocks celebrate US inflation, dollar slumps

    Virus, US-China tensions hit global markets

    Market sentiment turns cautious amid events in the US

    Investors look indecisive ahead of another volatile week

    Investors look indecisive ahead of another volatile week

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

Home » Stocks at fresh highs to start the week

Stocks at fresh highs to start the week

by Stephen Soo
April 19, 2021 05:10
in Fundamental analysis
0
The dollar is lower against the European counterparts but rises versus the safe-haven Japanese yen

Equities rise ahead of another week of corporate earnings

Wall Street stocks rose on Friday amid a string of encouraging economic reports and strong corporate earnings that point to an accelerating U.S. economy. The S&P 500 gained 0.4% to close at a new record high, the Dow finished 0.5% higher, while the Nasdaq climbed 0.1%. However, on Monday, e-mini futures for the S&P 500 were down 0.2%, suggesting risk sentiment could deteriorate later in the day.

Asian stocks were higher on Monday, hitting a one-month high as COVID-19 vaccine rollouts help ease fears of another dangerous wave of coronavirus infections. MSCI’s broadest index of Asia-Pacific shares outside Japan was last up 0.1%. Australia’s S&P/ASX 200 gained just 0.03%, while Hong Kong’s Hang Seng gained 0.47% and the Shanghai Composite surged 1.49%.

In Europe, equities surged to new record highs in early trade, ahead of another week of corporate earnings and the European Central Bank meeting on Thursday. The U.K.’s FTSE 100 rose to a new 52-week high, while the blue-chip Euro Stoxx 50 rose 0.1% to an all-time high.

Meanwhile, the dollar came under renewed selling pressure as positive risk sentiment prevails in the global markets. EURUSD rallied to early-March highs around 1.2030, now targeting the key 100-DMA in the 1.2050 area. A daily close above the 1.2000 figure would be a confirmation of the latest breakout as the safe-haven dollar remains on the defensive.

Elsewhere, bitcoin price has settled below the $60,000 figure following yesterday’s plunge that took the coin below $50,000 for the first time since March 8. Today, the digital currency is trading marginally higher, struggling to overcome the $57,000 figure during the European hours.

Tags: Covid-19DOW JONESEURUSDFTSE 100Hang SengNasdaqS&P 500
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

Equities struggle amid economic and China-related concerns
Fundamental analysis

Equities struggle amid economic and China-related concerns

December 29, 2022 08:55
16
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Currencies stuck in ranges as New Year holiday looms

December 28, 2022 07:01
12
Stocks gain, dollar eases ahead of job market data
Fundamental analysis

Dollar pressured by positive risk sentiment in thin markets

December 27, 2022 04:50
12
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar tries to shrug off the pressure

December 26, 2022 05:13
12
Investors spooked by strong US data
Fundamental analysis

Investors spooked by strong US data

December 23, 2022 11:55
11
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar back under pressure after short-lived relief

December 22, 2022 05:17
16

Leave Your Opinion Cancel reply

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

Recommended

Trump says U.S. is sending Texas 500 cases of remdesivir as coronavirus deaths hit record

Trump says U.S. is sending Texas 500 cases of remdesivir as coronavirus deaths hit record

July 30, 2020 05:13
10
A slow start to the week in FX markets

Euro at fresh long-term highs due to dollar weakness

September 1, 2020 09:17
12
The Eurozone service PMI dropped to a record low of 28.4

Stock markets rally despite dismal economic data

March 24, 2020 07:13
20

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