• Latest
  • Trending
  • All
Investors cautious amid virus-related uncertainty

Equity markets struggle for direction, US-China tensions in focus

February 8, 2022 16:22
Dollar lacks upside momentum due to lower Treasury yields

Greenback trims losses, but stays offered nearly across the board

May 24, 2022 06:12
Global stocks in recovery mode but still cautious

Stocks back under pressure after short-lived relief rally

May 24, 2022 04:42
Dollar lacks upside momentum due to lower Treasury yields

Dollar keeps bleeding as bearish correction continues

May 23, 2022 06:27
Markets digest the inflation shock, dollar enjoys the rally

Dollar sags as investor sentiment keeps improving

May 23, 2022 05:09
Dollar lacks upside momentum due to lower Treasury yields

USD treads water after plunge, markets steady ahead of the weekend

May 20, 2022 06:21
Investor sentiment looks neutral at the start of the week

Modest bounce after sell-off ahead of the weekend

May 20, 2022 04:51
Dollar lacks upside momentum due to lower Treasury yields

Major currencies struggle below key SMAs

May 19, 2022 06:02
Geopolitical tensions ease but risks persist

Global stock rout continues on growth fears

May 19, 2022 05:00
Dollar lacks upside momentum due to lower Treasury yields

Dollar regains ground after a three-day sell-off

May 18, 2022 06:09
Chinese data spooks investors, sentiment turns sour

Stock markets turn directionless after a bounce

May 18, 2022 05:08
Dollar lacks upside momentum due to lower Treasury yields

Currencies enjoy a bounce amid a weaker USD

May 17, 2022 06:51
Sentiment turns sour, dollar steadies ahead of the weekend

USD gives up gains as risk sentiment improves further

May 17, 2022 04:52
  • Terms & Сonditions
  • Contact
Wednesday, May 25, 2022
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Global stocks in recovery mode but still cautious

    Stocks back under pressure after short-lived relief rally

    Markets digest the inflation shock, dollar enjoys the rally

    Dollar sags as investor sentiment keeps improving

    Investor sentiment looks neutral at the start of the week

    Modest bounce after sell-off ahead of the weekend

    Geopolitical tensions ease but risks persist

    Global stock rout continues on growth fears

    Chinese data spooks investors, sentiment turns sour

    Stock markets turn directionless after a bounce

    Sentiment turns sour, dollar steadies ahead of the weekend

    USD gives up gains as risk sentiment improves further

    Stocks mostly lower despite upbeat economic data

    Markets failed to extend the bounce, back under pressure

    Risk sentiment looks mixed, dollar retreats marginally

    Dollar at fresh highs while stock markets keep bleeding

    Stocks continue to give up gains ahead of US jobs data

    Stocks bounce ahead of US inflation report

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Global stocks in recovery mode but still cautious

    Stocks back under pressure after short-lived relief rally

    Markets digest the inflation shock, dollar enjoys the rally

    Dollar sags as investor sentiment keeps improving

    Investor sentiment looks neutral at the start of the week

    Modest bounce after sell-off ahead of the weekend

    Geopolitical tensions ease but risks persist

    Global stock rout continues on growth fears

    Chinese data spooks investors, sentiment turns sour

    Stock markets turn directionless after a bounce

    Sentiment turns sour, dollar steadies ahead of the weekend

    USD gives up gains as risk sentiment improves further

    Stocks mostly lower despite upbeat economic data

    Markets failed to extend the bounce, back under pressure

    Risk sentiment looks mixed, dollar retreats marginally

    Dollar at fresh highs while stock markets keep bleeding

    Stocks continue to give up gains ahead of US jobs data

    Stocks bounce ahead of US inflation report

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

Home » Equity markets struggle for direction, US-China tensions in focus

Equity markets struggle for direction, US-China tensions in focus

by Stephen Soo
February 8, 2022 16:22
in Fundamental analysis
0
Investors cautious amid virus-related uncertainty

The US announced restrictions on transactions with 33 Chinese organizations

Reversing course during the final hour of trading, Wall Street stocks finished lower on Monday as investors digested dismal quarterly results from Facebook owner Meta Platforms. The company’s stocks ended 5% lower overnight after a 26% plunge that caused a record plunge in its stock market value. Also, market players are nervous ahead of January’s consumer price index data due on Thursday. As such, the Dow Jones Industrial Average remained unchanged, while the S&P 500 lost 0.37% and the Nasdaq Composite dropped 0.58%. US stock index futures were muted in early pre-market trading on Tuesday.

Asian equity markets were mixed today amid rising tensions between the US and China after the US Commerce Department announced restrictions on transactions with 33 Chinese organizations whose ownership is deemed to be “unverified”. Still, the Shanghai Composite Index lost managed to reverse early losses and finished 0.67% higher, while the Hang Seng in Hong Kong sank 1.02%. The Nikkei 225 in Tokyo rose 0.13% and the Kospi in Seoul gained less than 0.1%

In Europe, stocks opened nearly unchanged on Tuesday morning, with the pan-European Stoxx 600 index gaining 0.4% in early trade. In individual stocks, BP reported a strong rise in full-year net profit, its highest since 2014, amid rallying commodity prices. Elsewhere, in his latest remarks, the German health minister said the COVID-19 peak infection rate is expected around mid-February. Germany will be able to reopen some time before Easter, he added.

Meanwhile, the dollar has been retaining a bullish bias since the start of the week, with traders shifting focus to the US CPI report due later in the week. Also, an unstable risk tone adds to the upside pressure surrounding the greenback. As such, EURUSD keeps retreating from recent peaks seen marginally below the 1.1500 figure, challenging the 1.1400 zone during the European hours. Should this level give up anytime soon, the common currency will retarget the 1.1200 mark if the 20-DMA, currently at 1.1335, gives up.

Tags: DOW JONESEURUSDStoxx 600US
Share2Tweet1
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

Greenback trims losses, but stays offered nearly across the board

May 24, 2022 06:12
12
Global stocks in recovery mode but still cautious
Fundamental analysis

Stocks back under pressure after short-lived relief rally

May 24, 2022 04:42
15
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar keeps bleeding as bearish correction continues

May 23, 2022 06:27
12
Markets digest the inflation shock, dollar enjoys the rally
Fundamental analysis

Dollar sags as investor sentiment keeps improving

May 23, 2022 05:09
15
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

USD treads water after plunge, markets steady ahead of the weekend

May 20, 2022 06:21
13
Investor sentiment looks neutral at the start of the week
Fundamental analysis

Modest bounce after sell-off ahead of the weekend

May 20, 2022 04:51
15

Leave Your Opinion Cancel reply

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

Recommended

Whole Foods reverses ban of Remembrance Day poppies amid outrage

Whole Foods reverses ban of Remembrance Day poppies amid outrage

November 7, 2020 06:15
10
Global investors cheer weak US jobs report

Global investors cheer weak US jobs report

September 6, 2021 06:50
13
Stocks relatively steady ahead of the weekend

Stocks relatively steady ahead of the weekend

June 18, 2021 06:03
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
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