• Latest
  • Trending
  • All
Stocks making recovery attempts, markets remain unstable

Markets indecisive as recession fears persist

June 23, 2022 09:11
Russian ruble licks wounds at all-time lows

Dollar demand intensifies, with month-end flows in focus

June 30, 2022 06:42
Equity markets mixed ahead of the weekend

Markets struggle for direction as worries persist

June 30, 2022 04:15
Dollar lacks upside momentum due to lower Treasury yields

Greenback continues to outperform its rivals

June 29, 2022 05:31
Stocks retain bullish bias, capping dollar’s recovery

Risk demand wanes across the markets, dollar edges higher

June 29, 2022 04:49
Dollar lacks upside momentum due to lower Treasury yields

Dollar stays downbeat, but bearish potential remains limited

June 28, 2022 06:15
Geopolitics pushes global markets south, dollar bulls back in the game

Stocks retain bullish bias, capping dollar’s recovery

June 28, 2022 04:38
Dollar lacks upside momentum due to lower Treasury yields

USD slightly on the defensive to start the week

June 27, 2022 06:04
Markets struggle for direction, dollar steady after gains

Stock market rally continues, pressuring the dollar

June 27, 2022 04:50
Dollar lacks upside momentum due to lower Treasury yields

Dollar resumes the downside, looks choppy

June 24, 2022 06:22
Risk sentiment looks mixed, dollar retreats marginally

Equities in positive territory ahead of the weekend, dollar lags

June 24, 2022 05:13
Dollar lacks upside momentum due to lower Treasury yields

USD regains bullish bias, volatility ebbs somehow

June 23, 2022 08:44
Dollar lacks upside momentum due to lower Treasury yields

Greenback bounces due to risk aversion

June 22, 2022 07:50
  • Terms & Сonditions
  • Contact
Friday, July 1, 2022
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Equity markets mixed ahead of the weekend

    Markets struggle for direction as worries persist

    Stocks retain bullish bias, capping dollar’s recovery

    Risk demand wanes across the markets, dollar edges higher

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

    Stocks retain bullish bias, capping dollar’s recovery

    Markets struggle for direction, dollar steady after gains

    Stock market rally continues, pressuring the dollar

    Risk sentiment looks mixed, dollar retreats marginally

    Equities in positive territory ahead of the weekend, dollar lags

    Stocks making recovery attempts, markets remain unstable

    Markets indecisive as recession fears persist

    Global stocks in recovery mode but still cautious

    Global stocks back under pressure after short-lived relief rally

    Equity markets mixed, focus shifts to Blinken-Lavrov meeting

    Markets enjoy recovery but risks persist

    Global stocks struggle after a bearish week

    Markets relatively steady to start the week

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Equity markets mixed ahead of the weekend

    Markets struggle for direction as worries persist

    Stocks retain bullish bias, capping dollar’s recovery

    Risk demand wanes across the markets, dollar edges higher

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

    Stocks retain bullish bias, capping dollar’s recovery

    Markets struggle for direction, dollar steady after gains

    Stock market rally continues, pressuring the dollar

    Risk sentiment looks mixed, dollar retreats marginally

    Equities in positive territory ahead of the weekend, dollar lags

    Stocks making recovery attempts, markets remain unstable

    Markets indecisive as recession fears persist

    Global stocks in recovery mode but still cautious

    Global stocks back under pressure after short-lived relief rally

    Equity markets mixed, focus shifts to Blinken-Lavrov meeting

    Markets enjoy recovery but risks persist

    Global stocks struggle after a bearish week

    Markets relatively steady to start the 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 indecisive as recession fears persist

Markets indecisive as recession fears persist

by Stephen Soo
June 23, 2022 09:11
in Fundamental analysis
0
Stocks making recovery attempts, markets remain unstable

Adding to investor concerns, fresh economic data out of the Eurozone came in lower than expected

After a negative start to the session, US stock indices bounced but failed to preserve gains to close slightly negative after volatile trading. Equities briefly rallied after Fed’s Powell talked about “demand destruction”, probably implying a scenario where that the central will not have to raise rates aggressively later this year. Meanwhile, Fed’s Evans said that a 75-bps rate hike in July would be in line with continued inflation concerns. On a closing bell, the Dow fell 0.15%, the S&P 500 gave up 0.13% (at the high the index was up 0.98%), while the Nasdaq Composite shed 0.15%.

Asian stocks were mixed-to-higher on Thursday, despite the broadly negative cues overnight from Wall Street. In part, investors were slightly relieved after Powell said the Fed is not trying to engineer a recession to stop inflation but is fully committed to bringing prices under control. The Nikkei 225 in Tokyo finished up less than 0,1% after the data showed that the manufacturing sector in Japan continued to expand in June, albeit at a slower rate. Elsewhere, the Shanghai Composite in China rose 1.62% while Hong Kong’s Hang Seng advanced 1.26%. On the negative side, the Kospi in Seoul retreated 1.22%.

In Europe, stocks opened lower, with the pan-European Stoxx 600 dropping 1.2% in early trade, with basic resources shedding 2.1% to lead losses as all sectors and major bourses slid into negative territory. Adding to economic concerns, flash estimates of French and German PMI readings for June came in weaker than expected. The German composite PMI dropped to 52.0, below a forecast of 54.0.

In the currency market, the US dollar is back in positive territory on Thursday after yesterday’s failed attempt to challenge the 105.00 mark. The USD index regained the 104.50 area but the upside potential looks limited for the time being amid mixed risk environment. EURUSD came across the descending 20-DMA yesterday to finish higher for the third session in a row. On Thursday, the shared currency fell back from local highs to slip below the 1.0500 figure during the early European hours, pressured by weak economic data coupled with a stronger US dollar. The immediate support now arrives at 1.0470.

Tags: DollarDOW JONESEURUSDfedNasdaqNikkeiS&P 500Stoxx 600USUSD
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

Russian ruble licks wounds at all-time lows
Technical analysis

Dollar demand intensifies, with month-end flows in focus

June 30, 2022 06:42
15
Equity markets mixed ahead of the weekend
Fundamental analysis

Markets struggle for direction as worries persist

June 30, 2022 04:15
17
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Greenback continues to outperform its rivals

June 29, 2022 05:31
15
Stocks retain bullish bias, capping dollar’s recovery
Fundamental analysis

Risk demand wanes across the markets, dollar edges higher

June 29, 2022 04:49
17
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar stays downbeat, but bearish potential remains limited

June 28, 2022 06:15
18
Geopolitics pushes global markets south, dollar bulls back in the game
Fundamental analysis

Stocks retain bullish bias, capping dollar’s recovery

June 28, 2022 04:38
19

Leave Your Opinion Cancel reply

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

Recommended

Richard Branson’s Virgin Hyperloop completes first passenger test

Richard Branson’s Virgin Hyperloop completes first passenger test

November 10, 2020 03:23
12
Stocks turn sour amid rising yields

Stocks turn sour amid rising yields

March 4, 2021 05:56
17
Dollar lacks upside momentum due to lower Treasury yields

Dollar bulls back in the game

December 30, 2021 06:06
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 © 2020 FWNews

  • Terms & Сonditions
  • Contact
No Result
View All Result
  • FUNDAMENTALS
  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage

Copyright © 2020 FWNews