• Latest
  • Trending
  • All
Stocks turn lower, dollar steady to start the week

Stocks turn lower, dollar steady to start the week

July 12, 2021 07:14
Russian ruble licks wounds at all-time lows

Dollar demand intensifies, with month-end flows in focus

June 30, 2022 06:42
Equity markets mixed ahead of the weekend

Markets struggle for direction as worries persist

June 30, 2022 04:15
Dollar lacks upside momentum due to lower Treasury yields

Greenback continues to outperform its rivals

June 29, 2022 05:31
Stocks retain bullish bias, capping dollar’s recovery

Risk demand wanes across the markets, dollar edges higher

June 29, 2022 04:49
Dollar lacks upside momentum due to lower Treasury yields

Dollar stays downbeat, but bearish potential remains limited

June 28, 2022 06:15
Geopolitics pushes global markets south, dollar bulls back in the game

Stocks retain bullish bias, capping dollar’s recovery

June 28, 2022 04:38
Dollar lacks upside momentum due to lower Treasury yields

USD slightly on the defensive to start the week

June 27, 2022 06:04
Markets struggle for direction, dollar steady after gains

Stock market rally continues, pressuring the dollar

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

Dollar resumes the downside, looks choppy

June 24, 2022 06:22
Risk sentiment looks mixed, dollar retreats marginally

Equities in positive territory ahead of the weekend, dollar lags

June 24, 2022 05:13
Stocks making recovery attempts, markets remain unstable

Markets indecisive as recession fears persist

June 23, 2022 09:11
Dollar lacks upside momentum due to lower Treasury yields

USD regains bullish bias, volatility ebbs somehow

June 23, 2022 08:44
  • Terms & Сonditions
  • Contact
Friday, July 1, 2022
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Equity markets mixed ahead of the weekend

    Markets struggle for direction as worries persist

    Stocks retain bullish bias, capping dollar’s recovery

    Risk demand wanes across the markets, dollar edges higher

    Geopolitics pushes global markets south, dollar bulls back in the game

    Stocks retain bullish bias, capping dollar’s recovery

    Markets struggle for direction, dollar steady after gains

    Stock market rally continues, pressuring the dollar

    Risk sentiment looks mixed, dollar retreats marginally

    Equities in positive territory ahead of the weekend, dollar lags

    Stocks making recovery attempts, markets remain unstable

    Markets indecisive as recession fears persist

    Global stocks in recovery mode but still cautious

    Global stocks back under pressure after short-lived relief rally

    Equity markets mixed, focus shifts to Blinken-Lavrov meeting

    Markets enjoy recovery but risks persist

    Global stocks struggle after a bearish week

    Markets relatively steady to start the week

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

    Markets struggle for direction as worries persist

    Stocks retain bullish bias, capping dollar’s recovery

    Risk demand wanes across the markets, dollar edges higher

    Geopolitics pushes global markets south, dollar bulls back in the game

    Stocks retain bullish bias, capping dollar’s recovery

    Markets struggle for direction, dollar steady after gains

    Stock market rally continues, pressuring the dollar

    Risk sentiment looks mixed, dollar retreats marginally

    Equities in positive territory ahead of the weekend, dollar lags

    Stocks making recovery attempts, markets remain unstable

    Markets indecisive as recession fears persist

    Global stocks in recovery mode but still cautious

    Global stocks back under pressure after short-lived relief rally

    Equity markets mixed, focus shifts to Blinken-Lavrov meeting

    Markets enjoy recovery but risks persist

    Global stocks struggle after a bearish week

    Markets relatively steady to start the 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 turn lower, dollar steady to start the week

Stocks turn lower, dollar steady to start the week

by Stephen Soo
July 12, 2021 07:14
in Fundamental analysis
0
Stocks turn lower, dollar steady to start the week

European stocks edged lower after ending last week with sharp gains

Last Friday, Wall Street stocks finished higher as investors shrugged off coronavirus concerns to look ahead to U.S. earnings reports, with banks reporting earnings this week. As such, the S&P 500 index and the Dow Jones Industrial Average rallied 1.13% and 1.30%, respectively, while the Nasdaq Composite added nearly 1%.

The optimism spilled over into Asia’s equity trading session, with all regional indexes finishing in positive territory. The Shanghai Composite index climbed 0.67% after the Chinese central bank reduced the level of reserves commercial banks must hold. In Japan, the Nikkei 225 rallied 2.25% while the Hang Seng in Hong Kong gained 0.62%.

However, European stocks edged lower on Monday after ending last week with sharp gains. Regional equities reversed course amid worries that the spread of new coronavirus variants could hurt a global economic recovery. following marginal gains at the opening bell, the pan-European STOXX 600 index slipped 0.1%.

Meanwhile, the dollar is holding relatively steady at the start of the week. EURUSD has settled around 1.1870 following another failed attempt to break above the intermediate resistance in the 1.1880 area. It looks like the pair will struggle to regain upside momentum in the short term. in his latest remarks, ECB vice president, Luis de Guindos, said that the central bank expects inflation to be on the rise until the year-end.

Elsewhere, gold prices turned marginally lower on Monday but still holding around $1,800. The XAUUSD pair is now stuck between the key moving averages, with the immediate resistance arriving at $1,810. If dollar demand reemerges any time soon, the precious metal could get back under $1,800 to target the $1,790 area where the 20- and 100-DMAs converge.

Tags: DOW JONESECBEURUSDGoldHang SengNasdaqNikkeiStoxx 600XAUUSD
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

Russian ruble licks wounds at all-time lows
Technical analysis

Dollar demand intensifies, with month-end flows in focus

June 30, 2022 06:42
15
Equity markets mixed ahead of the weekend
Fundamental analysis

Markets struggle for direction as worries persist

June 30, 2022 04:15
17
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Greenback continues to outperform its rivals

June 29, 2022 05:31
15
Stocks retain bullish bias, capping dollar’s recovery
Fundamental analysis

Risk demand wanes across the markets, dollar edges higher

June 29, 2022 04:49
17
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar stays downbeat, but bearish potential remains limited

June 28, 2022 06:15
18
Geopolitics pushes global markets south, dollar bulls back in the game
Fundamental analysis

Stocks retain bullish bias, capping dollar’s recovery

June 28, 2022 04:38
19

Leave Your Opinion Cancel reply

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

Recommended

Trump slashes foreign aid, cuts safety net programs in new budget proposal

Trump slashes foreign aid, cuts safety net programs in new budget proposal

February 10, 2020 15:32
22
Pound corrects higher due to dollar weakness

Greenback rallies across the board to start the week

January 11, 2021 07:58
16
Pound corrects higher due to dollar weakness

Dollar trims losses but still weak

December 2, 2020 08:26
15

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