• Latest
  • Trending
  • All
Market sentiment improves, focus shifts to US inflation data

Markets mixed in Christmas Eve trade

December 24, 2021 00:45
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
Saturday, April 1, 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 » Markets mixed in Christmas Eve trade

Markets mixed in Christmas Eve trade

by Stephen Soo
December 24, 2021 00:45
in Fundamental analysis
0
Market sentiment improves, focus shifts to US inflation data

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.2%

Ahead of a long Christmas weekend in the United States, Wall Street stocks gained on Thursday to finish a shortened trading week on a strong footing. The S&P 500 gained 0.62% to notch a record-high close amid the persisting optimism about strong economic updates and signs that Omicron is less likely to lead to hospitalization. Durable goods orders rose 2.5 versus 1.5% expected while personal income and spending both showed increases for last month. As such, the Dow Jones and the Nasdaq added 0.55% and 0.85%, respectively.

Today in Asia, equities were mixed, with MSCI’s broadest index of Asia-Pacific shares outside Japan rising 0.2%. Japan’s Nikkei 225 finished just below the flat-line, while Shanghai Composite lost 0.7% after rising coronavirus cases in Xi’an resulted in a lockdown of its 13 million residents. In Australia, the S&P/ASX 200 rose 0.44%. Markets in Hong Kong and Singapore were closed on Friday due to Christmas Eve.

European stock markets opened mixed in thin trading conditions on Christmas Eve. Markets in Germany, Italy, and Switzerland are closed. In the UK, the FTSE 100 was up 0.28%. In individual stocks, HSBC has bought the mutual fund arm of Indian firm L&T Finance Holdings for $425 million. HSBC stocks gained 0.63% in early deals on Friday. US equity and Treasury markets will be closed today for the holiday.

In currencies, the dollar looks directionless, consolidating losses seen earlier in the week. The USD index failed to extend gains as risk sentiment improved, thus capping demand for safe-haven assets. As such, EURUSD regained the 20-DMA to settle around this week’s highs in the 1.1340 area. However, the pair will likely fail to overcome this barrier in the short term due to thin trading conditions.

Tags: ASX 200DollarEURUSDFTSE 100HSBCUSUSD
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

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
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
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

US dollar resists selling pressure

December 20, 2022 10:44
14

Leave Your Opinion Cancel reply

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

Recommended

Fed’s Bullard doesn’t see asset bubble and doubts policy will tighten soon

February 16, 2021 19:38
10
A slow start to the week in FX markets

Dollar, yen on the defensive amid risk-on tone

December 29, 2020 05:39
17
Ron Perelman’s Revlon plagued by $90M in mystery bondholders

Ron Perelman’s Revlon plagued by $90M in mystery bondholders

November 10, 2020 03:22
11

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