• Latest
  • Trending
  • All
Equity markets mixed ahead of the weekend

Equity markets rally on positive updates on Omicron

December 23, 2021 01:26
Investors stay depressed after heavy losses

Investors stay depressed after heavy losses

September 25, 2023 07:00
Equity markets mostly depressed

Equity markets mostly depressed

September 22, 2023 07:00
Dollar lacks upside momentum due to lower Treasury yields

Dollar receives fresh impetus from Fed

September 21, 2023 07:01
Dollar lacks upside momentum due to lower Treasury yields

Greenback paralyzed in anticipation of Fed decision

September 20, 2023 07:00
Stock markets directionless as Fed meeting looms

Stock markets directionless as Fed meeting looms

September 19, 2023 07:03
Dollar lacks upside momentum due to lower Treasury yields

Dollar under some pressure after the weekend

September 18, 2023 07:00
Economic data and ECB boost stock market rally

Economic data and ECB boost stock market rally

September 15, 2023 07:57
Dollar lacks upside momentum due to lower Treasury yields

USD hesitates below the 105.00 barrier

September 14, 2023 07:00
Dollar lacks upside momentum due to lower Treasury yields

USD steady and resilient in anticipation of US CPI

September 13, 2023 07:15
Stock markets struggle for direction ahead of major events

Stock markets struggle for direction ahead of major events

September 12, 2023 07:19
Dollar lacks upside momentum due to lower Treasury yields

Dollar rally pauses to start the week

September 11, 2023 06:46
Risk sentiment improves somewhat after a streak of losses

Risk sentiment improves somewhat after a streak of losses

September 8, 2023 07:08
  • Terms & Сonditions
  • Contact
Monday, September 25, 2023
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Investors stay depressed after heavy losses

    Investors stay depressed after heavy losses

    Equity markets mostly depressed

    Equity markets mostly depressed

    Stock markets directionless as Fed meeting looms

    Stock markets directionless as Fed meeting looms

    Economic data and ECB boost stock market rally

    Economic data and ECB boost stock market rally

    Stock markets struggle for direction ahead of major events

    Stock markets struggle for direction ahead of major events

    Risk sentiment improves somewhat after a streak of losses

    Risk sentiment improves somewhat after a streak of losses

    Dollar buoyed by risk aversion

    Dollar buoyed by risk aversion

    Equity markets indecisive ahead of the weekend

    Equity markets indecisive ahead of the weekend

    Stocks advance amid signs of a cooling US economy

    Stocks advance amid signs of a cooling US economy

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Investors stay depressed after heavy losses

    Investors stay depressed after heavy losses

    Equity markets mostly depressed

    Equity markets mostly depressed

    Stock markets directionless as Fed meeting looms

    Stock markets directionless as Fed meeting looms

    Economic data and ECB boost stock market rally

    Economic data and ECB boost stock market rally

    Stock markets struggle for direction ahead of major events

    Stock markets struggle for direction ahead of major events

    Risk sentiment improves somewhat after a streak of losses

    Risk sentiment improves somewhat after a streak of losses

    Dollar buoyed by risk aversion

    Dollar buoyed by risk aversion

    Equity markets indecisive ahead of the weekend

    Equity markets indecisive ahead of the weekend

    Stocks advance amid signs of a cooling US economy

    Stocks advance amid signs of a cooling US economy

  • 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 rally on positive updates on Omicron

Equity markets rally on positive updates on Omicron

by Stephen Soo
December 23, 2021 01:26
in Fundamental analysis
0
Equity markets mixed ahead of the weekend

The new variant might be less severe than feared

Upbeat developments surrounding the Omicron coronavirus variant coupled with upbeat economic data pushed Wall Street stocks higher on Wednesday. The S&P 500 gained 1% to get back to record levels. In part, it was due to a rally in Tesla stocks (+7.5%) in response to a report that Musk said in an interview he has sold enough stock following several weeks of his share sales. The Dow Jones rose 0.74% and the Nasdaq Composite added 1.18%. On the data front, the US GDP increased at a 2.3% annualized rate in the third quarter, revised up from the 2.1% preliminary estimate.

Today in Asia, equity investors continued to welcome signs that the Omicron variant might be less severe than feared. In a third consecutive session of gains, MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.55% on Thursday. Japan’s Nikkei 225 was up 0.31% after Japanese Prime Minister Fumio Kishida said he hopes the Bank of Japan continues to make efforts to achieve the 2% price goal.

European markets advanced for the third day on Thursday, with the Stoxx Europe 600 index edging 0.3% higher in early deals. Later today, fresh economic out of the United States could add to upbeat sentiment in the markets if the figures confirm a steady growth in the country’s economy. In particular, the weekly jobless claims, new home sales, and the University of Michigan’s consumer sentiment index will be featured in the docket.

As risk sentiment keeps improving, the dollar stays under pressure nearly across the market. The USD index is barely holding above the 96.00 figure, a break below which would pave the way to this month’s lows around 95.85. In a wider picture, however, the greenback remains within a broader bullish trend due to a hawkish Fed. Also, the pandemic-related uncertainty could reemerge at any point and push the safe-haven USD back to 1.5-year highs.

Tags: fedGDPstoxxUSUSD
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

Equity markets mostly depressed
Fundamental analysis

Equity markets mostly depressed

September 22, 2023 07:00
13
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

USD hesitates below the 105.00 barrier

September 14, 2023 07:00
17
Risk sentiment improves somewhat after a streak of losses
Fundamental analysis

Risk sentiment improves somewhat after a streak of losses

September 8, 2023 07:08
16
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

USD keeps refreshing multi-month highs

September 6, 2023 06:39
15
Dollar buoyed by risk aversion
Fundamental analysis

Dollar buoyed by risk aversion

September 5, 2023 06:49
16
Equity markets indecisive ahead of the weekend
Fundamental analysis

Equity markets indecisive ahead of the weekend

September 1, 2023 06:59
17

Leave Your Opinion Cancel reply

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

Recommended

Tech analysis

Trade of the Day: AUD/USD

February 12, 2020 09:55
35
Stock markets finish the week on a downbeat note

Equities extend the ascent, Russia-Ukraine talks in focus

March 29, 2022 06:42
14
Pound corrects higher due to dollar weakness

Greenback stays elevated ahead of key data

October 8, 2021 11:54
17

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