• Latest
  • Trending
  • All
Global stocks rally ahead of the weekend, dollar on the defensive

Stocks mostly lower to start the week, USD demand persists

July 11, 2022 08:34
Dollar lacks upside momentum due to lower Treasury yields

USD demand persists across the market

August 16, 2022 06:49
Euro rises despite а stronger dollar

Risk mood turns more measured, euro threatens parity again

August 16, 2022 06:42
Dollar lacks upside momentum due to lower Treasury yields

Dollar buoyed at the start of the week

August 15, 2022 05:39
Investors stay nervous as tensions escalate

Investors start the week on a cautious note

August 15, 2022 05:25
Dollar lacks upside momentum due to lower Treasury yields

Dollar tries to shrug off selling pressure

August 12, 2022 09:58
Equity markets mixed ahead of the weekend

Markets struggle for direction ahead of the weekend

August 12, 2022 09:42
Dollar lacks upside momentum due to lower Treasury yields

USD stays depressed after plunge on weak CPI

August 11, 2022 09:37
Stocks climb marginally, pressuring the greenback

Investors welcome cooling inflation, dollar sags

August 11, 2022 09:30
Dollar lacks upside momentum due to lower Treasury yields

FX market remains in consolidation mode

August 10, 2022 09:24
Yellen failed to spook global markets

Risk-off tone dominates global markets

August 10, 2022 09:18
Dollar lacks upside momentum due to lower Treasury yields

Currencies apathetic, USD stays pressured

August 9, 2022 15:28
Stocks making recovery attempts, markets remain unstable

Stock markets little changed amid cautious trades

August 9, 2022 15:21
  • Terms & Сonditions
  • Contact
Tuesday, August 16, 2022
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Euro rises despite а stronger dollar

    Risk mood turns more measured, euro threatens parity again

    Investors stay nervous as tensions escalate

    Investors start the week on a cautious note

    Equity markets mixed ahead of the weekend

    Markets struggle for direction ahead of the weekend

    Stocks climb marginally, pressuring the greenback

    Investors welcome cooling inflation, dollar sags

    Yellen failed to spook global markets

    Risk-off tone dominates global markets

    Stocks making recovery attempts, markets remain unstable

    Stock markets little changed amid cautious trades

    A mixed start to the week in the global markets

    Markets mixed after strong US jobs data

    Stock markets rebound on strong corporate earnings

    Markets look tepid ahead of NFP data

    Investor sentiment looks neutral at the start of the week

    Risk sentiment turns positive, but caution persists

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Euro rises despite а stronger dollar

    Risk mood turns more measured, euro threatens parity again

    Investors stay nervous as tensions escalate

    Investors start the week on a cautious note

    Equity markets mixed ahead of the weekend

    Markets struggle for direction ahead of the weekend

    Stocks climb marginally, pressuring the greenback

    Investors welcome cooling inflation, dollar sags

    Yellen failed to spook global markets

    Risk-off tone dominates global markets

    Stocks making recovery attempts, markets remain unstable

    Stock markets little changed amid cautious trades

    A mixed start to the week in the global markets

    Markets mixed after strong US jobs data

    Stock markets rebound on strong corporate earnings

    Markets look tepid ahead of NFP data

    Investor sentiment looks neutral at the start of the week

    Risk sentiment turns positive, but caution persists

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

Home » Stocks mostly lower to start the week, USD demand persists

Stocks mostly lower to start the week, USD demand persists

by Stephen Soo
July 11, 2022 08:34
in Fundamental analysis
0
Global stocks rally ahead of the weekend, dollar on the defensive

Shanghai reported its first case of the highly infectious BA.5 omicron sub-variant over the weekend

Wall Street stocks closed mixed on Friday as investors hesitated following a stronger-than-expected report on the US jobs market. The data showed that nonfarm payrolls increased 372,000 last month, better than the 250,000 estimate. The S&P 500 gave up less than 0.1%, the Dow Jones slipped 0.15%, while the Nasdaq Composite added 0.12%. Still, all three major averages finished up for the week. In individual stocks, shares of Twitter fell nearly 5% after a report that Elon Musk was planning to back out of his takeover offer.

Asian equities were mixed-to-lower on Monday as a new wave of COVID-19 outbreak in China added to worries about the economic outlook. Shanghai reported its first case of the highly infectious BA.5 omicron sub-variant over the weekend. The Shanghai Composite index closed 1.27% lower while Hong Kong’s Hang Seng plunged more than 3%. Bucking the trend, Japan’s Nikkei 225 gained 1.11%, extending the gains in the previous two sessions as the ruling coalition expanded its majority in an upper house election.

In Europe, stocks opened lower today, with market players taking a more cautious stance ahead of this week’s economic data including the US inflation report that could point to another interest rate hike by 75 basis points. In individual stocks, Danske Bank plunged more than 5.5% in early deals as the bank reduced its full-year net profit outlook over the weekend, citing on “unfavorable financial market conditions”.

In currencies, the USD index remains on the offensive at the start of the week, targeting twenty-year highs seen last week around 107.80. The greenback attracted buying interest after some retreat, extending the ascent amid rising expectations for another 75-basis point rate hike by the Fed. As such, USDJPY exceeded the 137.00 mark for the first time in 24 years to notch fresh tops around 137.30 before retreating marginally amid profit-taking. As the pair keeps advancing north, the 140.00 mark comes into the market focus. 

Tags: Covid-19DOW JONESfedNasdaqNikkeiS&P 500USUSDUSDJPY
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

Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

USD demand persists across the market

August 16, 2022 06:49
13
Euro rises despite а stronger dollar
Fundamental analysis

Risk mood turns more measured, euro threatens parity again

August 16, 2022 06:42
13
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar buoyed at the start of the week

August 15, 2022 05:39
14
Investors stay nervous as tensions escalate
Fundamental analysis

Investors start the week on a cautious note

August 15, 2022 05:25
15
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar tries to shrug off selling pressure

August 12, 2022 09:58
17
Equity markets mixed ahead of the weekend
Fundamental analysis

Markets struggle for direction ahead of the weekend

August 12, 2022 09:42
22

Leave Your Opinion Cancel reply

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

Recommended

Stocks climb marginally, pressuring the greenback

Stocks climb marginally, pressuring the greenback

October 19, 2021 09:33
16
A slow start to the week in FX markets

Dollar finishes the week on a mixed note

September 11, 2020 10:08
12
Global stocks rally ahead of the weekend, dollar on the defensive

Stocks mixed, euro at five-year lows as USD continues to rally

April 27, 2022 04:47
13

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