• Latest
  • Trending
  • All
Global stocks begin the year higher

Markets in cautious mood to start the week

March 21, 2022 05:41
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
Wednesday, March 22, 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 in cautious mood to start the week

Markets in cautious mood to start the week

by Stephen Soo
March 21, 2022 05:41
in Fundamental analysis
0
Global stocks begin the year higher

Zelenskyy warned that if peace talks with Russia fail, it would mean the start of a third global war

Asian stocks were mostly lower on Monday while holding relatively steady amid the ongoing conflict in Ukraine. Russia issued an ultimatum for the surrender of the Ukrainian city of Mariupol, but Ukraine angrily rejected the offer. Adding to investor worries, US President Biden warned China of consequences if it supported Russia’s invasion of Ukraine. Hong Kong’s Hang Seng fell 0.89%, Australia’s S&P/ASX 200 shed 0.22%, and South Korean Kospi gave up 0.77%. Bucking the trend, China’s Shanghai Composite was up 0.08% after the People’s Bank of China kept its interest rates unchanged, as had been expected. Japanese markets are closed for a holiday.

In Europe, equities have slipped at the open, with the pan-European Stoxx 600 losing 0.1% in early trade. Investors stay cautious as Ukraine’s President Volodymyr Zelenskyy warned that if peace talks with Russia fail, it would mean the start of a third global war. Adding to worries, Europe faces a rise in Covid-19 cases in the form of a subvariant of omicron. On the data front, German producer prices rose 25.9% in the year to February amid high energy prices. US stock futures were lower in early morning trading on Monday, suggesting risk-off tone could prevail later in the day.

Meanwhile, the dollar index holds steady above the 98.00 figure while struggling to extend the bounce from local lows in thin liquidity conditions. EURUSD struggles for direction around the descending 20-DMA, challenging the 1.1150 zone. Should risk sentiment continue to deteriorate further during the session, the euro may retarget the 1.1000 figure that capped the selling pressure late last week. Earlier, the common currency ignored hawkish comments from ECB policymaker Holzmann who called for a rate hike. 

Tags: ASX 200Covid-19DollarECBEURUSDStoxx 600US
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

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
Investors spooked by strong US data
Fundamental analysis

Investors spooked by strong US data

December 23, 2022 11:55
11
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

Leave Your Opinion Cancel reply

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

Recommended

Zoom, Peloton shares tumble 15 percent on COVID vaccine news

Zoom, Peloton shares tumble 15 percent on COVID vaccine news

November 10, 2020 03:23
11
Stocks relatively steady ahead of the weekend

Stocks try to retain bullish tone, omicron remains in focus

December 9, 2021 01:49
11

Federal Reserve Board expands its Main Street Lending Program to allow more small and medium-sized businesses to be able to receive support

June 8, 2020 02:10
10

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