• Latest
  • Trending
  • All
Markets struggle for direction amid resurgent virus-related concerns

Sell-off in stocks pauses but risks persist

April 26, 2022 04:24
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
Dollar lacks upside momentum due to lower Treasury yields

Dollar off tops but resilient

May 16, 2022 05:44
Stocks mostly lower despite upbeat economic data

Markets failed to extend the bounce, back under pressure

May 16, 2022 04:38
Dollar lacks upside momentum due to lower Treasury yields

Dollar refrains from a deeper retreat

May 13, 2022 06:04
Dollar lacks upside momentum due to lower Treasury yields

The greenback seems unstoppable

May 12, 2022 06:34
Risk sentiment looks mixed, dollar retreats marginally

Dollar at fresh highs while stock markets keep bleeding

May 12, 2022 06:21
Dollar lacks upside momentum due to lower Treasury yields

Dollar bulls take a pause, US data eyed

May 11, 2022 07:22
Stocks continue to give up gains ahead of US jobs data

Stocks bounce ahead of US inflation report

May 11, 2022 07:09
Dollar lacks upside momentum due to lower Treasury yields

Dollar holds steady after local correction

May 10, 2022 10:16
  • Terms & Сonditions
  • Contact
Wednesday, May 18, 2022
FWNews - pulse of the forex market
  • FUNDAMENTALS
    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

    Investors stay nervous as tensions escalate

    Markets look for rebound after a major sell off

    Stock markets rebound on strong corporate earnings

    Recession worries keep markets on the defensive

    A mixed start to the week in the global markets

    Markets a sea of red ahead of US jobs data

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

    Post-Fed rally fades, USD recovers

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

    Investors stay nervous as tensions escalate

    Markets look for rebound after a major sell off

    Stock markets rebound on strong corporate earnings

    Recession worries keep markets on the defensive

    A mixed start to the week in the global markets

    Markets a sea of red ahead of US jobs data

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

    Post-Fed rally fades, USD recovers

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

Home » Sell-off in stocks pauses but risks persist

Sell-off in stocks pauses but risks persist

by Stephen Soo
April 26, 2022 04:24
in Fundamental analysis
0
Markets struggle for direction amid resurgent virus-related concerns

The USD index regained the upside momentum to register fresh long-term highs around 101.90

US stock markets finished yesterday’s session with gains as bond yields retreated, albeit gains were limited as China-related worries continued to persist. Still, the S&P 500 added 0.6%, the Dow Jones Industrial Average advanced 0.7%, and the tech-heavy Nasdaq Composite Index rose 1.3%. In individual stocks, Twitter shares jumped more than 5,5% after the social-media company accepted Elon Musk’s $44 billion takeover deal.

Asian equity markets were mixed on Tuesday, with the Shanghai Composite losing 1.44% in reaction to the news that Beijing has expanded COVID-19 testing to the whole of the city. Meanwhile, the IMF said that the Asian region faces stagflationary outlook with growth being lower than previously expected. Meanwhile, Hong Kong’s Hang Seng finished nearly unchanged while Japan’s Nikkei 225 added 0.41%.

In Europe, stocks opened in positive territory in a catch up play to the gains in the US. The pan-European Stoxx 600 index opened 0.4% higher. In individual stocks, shares of HSBC fell 1.6% after the bank reported a 27% decline in quarterly profit, citing a slowdown in growth in Hong Kong. Of note, Wall Street futures are turning lower again, suggesting risk-on trades are yet to reemerge.

In currencies, the USD index regained the upside momentum to register fresh long-term highs around 101.92 in recent trading, sending the euro to the lowest levels since the early days of the pandemic in march 2020. EURUSD derailed the 1.0700 mark to extend losses to 1.0680 during early deals in Europe. Later in the day, fresh economic data out of the US (durable goods orders, new home sales and CB consumer confidence) could add to dollar’s bullishness, thus pressuring the common currency further. 

Tags: Covid-19DOW JONESEURUSDHSBCNasdaqNikkeiS&P 500Stoxx 600USUSD
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

Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar regains ground after a three-day sell-off

May 18, 2022 06:09
13
Chinese data spooks investors, sentiment turns sour
Fundamental analysis

Stock markets turn directionless after a bounce

May 18, 2022 05:08
11
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Currencies enjoy a bounce amid a weaker USD

May 17, 2022 06:51
15
Sentiment turns sour, dollar steadies ahead of the weekend
Fundamental analysis

USD gives up gains as risk sentiment improves further

May 17, 2022 04:52
13
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar off tops but resilient

May 16, 2022 05:44
18
Stocks mostly lower despite upbeat economic data
Fundamental analysis

Markets failed to extend the bounce, back under pressure

May 16, 2022 04:38
16

Leave Your Opinion Cancel reply

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

Recommended

Markets mixed after China’s regulatory crackdown

Investor sentiment looks mixed at the start of the week

December 6, 2021 03:01
10
Risk-on flows reemerge ahead of new talks between Russia and Ukraine

Stocks bounce but investors stay cautious

April 8, 2022 04:16
13
Euro struggles below three-month highs, yen demand persists

Dollar mostly lower, the Japanese yen at fresh highs

April 29, 2020 11:05
18

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