• 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
Dollar lacks upside momentum due to lower Treasury yields

Dollar stays afloat as gold rally pauses

December 5, 2023 07:00
Stocks mixed while gold at fresh all-time highs to start the week

Stocks mixed while gold at fresh all-time highs to start the week

December 4, 2023 08:00
Stocks mixed, dollar indecisive to start the new month

Stocks mixed, dollar indecisive to start the new month

December 1, 2023 08:00
Dollar lacks upside momentum due to lower Treasury yields

USD keeps refreshing August lows

November 30, 2023 07:00
Global stocks mixed with Fed and China in focus

Global stocks mixed with Fed and China in focus

November 29, 2023 08:00
Dollar lacks upside momentum due to lower Treasury yields

Dollar needs fresh impetus

November 28, 2023 07:00
Risk demand keeps waning in muted trading

Risk demand keeps waning in muted trading

November 27, 2023 08:00
Markets mixed in subdued holiday trading

Markets mixed in subdued holiday trading

November 24, 2023 09:01
Dollar lacks upside momentum due to lower Treasury yields

Greenback struggles to retain demand

November 23, 2023 07:00
Dollar lacks upside momentum due to lower Treasury yields

Dollar attracts some demand

November 22, 2023 07:00
Markets await Fed Minutes

Markets await Fed Minutes

November 21, 2023 08:00
Dollar lacks upside momentum due to lower Treasury yields

USD retains bearish bias to start the week

November 20, 2023 07:00
  • Terms & Сonditions
  • Contact
Tuesday, December 5, 2023
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Stocks mixed while gold at fresh all-time highs to start the week

    Stocks mixed while gold at fresh all-time highs to start the week

    Stocks mixed, dollar indecisive to start the new month

    Stocks mixed, dollar indecisive to start the new month

    Global stocks mixed with Fed and China in focus

    Global stocks mixed with Fed and China in focus

    Risk demand keeps waning in muted trading

    Risk demand keeps waning in muted trading

    Markets mixed in subdued holiday trading

    Markets mixed in subdued holiday trading

    Markets await Fed Minutes

    Markets await Fed Minutes

    Risk rally wanes ahead of the weekend

    Risk rally wanes ahead of the weekend

    Markets cautiously await US inflation data

    Markets cautiously await US inflation data

    Powell triggered risk aversion across markets

    Powell triggered risk aversion across markets

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Stocks mixed while gold at fresh all-time highs to start the week

    Stocks mixed while gold at fresh all-time highs to start the week

    Stocks mixed, dollar indecisive to start the new month

    Stocks mixed, dollar indecisive to start the new month

    Global stocks mixed with Fed and China in focus

    Global stocks mixed with Fed and China in focus

    Risk demand keeps waning in muted trading

    Risk demand keeps waning in muted trading

    Markets mixed in subdued holiday trading

    Markets mixed in subdued holiday trading

    Markets await Fed Minutes

    Markets await Fed Minutes

    Risk rally wanes ahead of the weekend

    Risk rally wanes ahead of the weekend

    Markets cautiously await US inflation data

    Markets cautiously await US inflation data

    Powell triggered risk aversion across markets

    Powell triggered risk aversion across markets

  • 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

Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar stays afloat as gold rally pauses

December 5, 2023 07:00
10
Stocks mixed while gold at fresh all-time highs to start the week
Fundamental analysis

Stocks mixed while gold at fresh all-time highs to start the week

December 4, 2023 08:00
11
Stocks mixed, dollar indecisive to start the new month
Fundamental analysis

Stocks mixed, dollar indecisive to start the new month

December 1, 2023 08:00
12
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

USD keeps refreshing August lows

November 30, 2023 07:00
12
Global stocks mixed with Fed and China in focus
Fundamental analysis

Global stocks mixed with Fed and China in focus

November 29, 2023 08:00
12
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar needs fresh impetus

November 28, 2023 07:00
13

Leave Your Opinion Cancel reply

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

Recommended

Tech analysis

Trade of the Day: NZD/JPY

February 11, 2020 10:22
18
Dollar lacks upside momentum due to lower Treasury yields

Dollar keeps retreating across the board

October 11, 2023 08:00
16
Pound corrects higher due to dollar weakness

Dollar mixed but relatively steady after a rally

May 5, 2021 03:33
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