• Latest
  • Trending
  • All
Stocks on the defensive to start the week

Stocks struggle as risk tones look tepid

September 6, 2022 04:32
Dollar lacks upside momentum due to lower Treasury yields

Dollar stays afloat as gold rally pauses

December 5, 2023 07:00
Stocks mixed while gold at fresh all-time highs to start the week

Stocks mixed while gold at fresh all-time highs to start the week

December 4, 2023 08:00
Stocks mixed, dollar indecisive to start the new month

Stocks mixed, dollar indecisive to start the new month

December 1, 2023 08:00
Dollar lacks upside momentum due to lower Treasury yields

USD keeps refreshing August lows

November 30, 2023 07:00
Global stocks mixed with Fed and China in focus

Global stocks mixed with Fed and China in focus

November 29, 2023 08:00
Dollar lacks upside momentum due to lower Treasury yields

Dollar needs fresh impetus

November 28, 2023 07:00
Risk demand keeps waning in muted trading

Risk demand keeps waning in muted trading

November 27, 2023 08:00
Markets mixed in subdued holiday trading

Markets mixed in subdued holiday trading

November 24, 2023 09:01
Dollar lacks upside momentum due to lower Treasury yields

Greenback struggles to retain demand

November 23, 2023 07:00
Dollar lacks upside momentum due to lower Treasury yields

Dollar attracts some demand

November 22, 2023 07:00
Markets await Fed Minutes

Markets await Fed Minutes

November 21, 2023 08:00
Dollar lacks upside momentum due to lower Treasury yields

USD retains bearish bias to start the week

November 20, 2023 07:00
  • Terms & Сonditions
  • Contact
Tuesday, December 5, 2023
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Stocks mixed while gold at fresh all-time highs to start the week

    Stocks mixed while gold at fresh all-time highs to start the week

    Stocks mixed, dollar indecisive to start the new month

    Stocks mixed, dollar indecisive to start the new month

    Global stocks mixed with Fed and China in focus

    Global stocks mixed with Fed and China in focus

    Risk demand keeps waning in muted trading

    Risk demand keeps waning in muted trading

    Markets mixed in subdued holiday trading

    Markets mixed in subdued holiday trading

    Markets await Fed Minutes

    Markets await Fed Minutes

    Risk rally wanes ahead of the weekend

    Risk rally wanes ahead of the weekend

    Markets cautiously await US inflation data

    Markets cautiously await US inflation data

    Powell triggered risk aversion across markets

    Powell triggered risk aversion across markets

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Stocks mixed while gold at fresh all-time highs to start the week

    Stocks mixed while gold at fresh all-time highs to start the week

    Stocks mixed, dollar indecisive to start the new month

    Stocks mixed, dollar indecisive to start the new month

    Global stocks mixed with Fed and China in focus

    Global stocks mixed with Fed and China in focus

    Risk demand keeps waning in muted trading

    Risk demand keeps waning in muted trading

    Markets mixed in subdued holiday trading

    Markets mixed in subdued holiday trading

    Markets await Fed Minutes

    Markets await Fed Minutes

    Risk rally wanes ahead of the weekend

    Risk rally wanes ahead of the weekend

    Markets cautiously await US inflation data

    Markets cautiously await US inflation data

    Powell triggered risk aversion across markets

    Powell triggered risk aversion across markets

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

Home » Stocks struggle as risk tones look tepid

Stocks struggle as risk tones look tepid

by Stephen Soo
September 6, 2022 04:32
in Fundamental analysis
0
Stocks on the defensive to start the week

The dollar looks more mixed to start the day after yesterday’s rejection from fresh twenty-year highs

The US stock market was closed in honor of Labor Day on Monday after finishing the third negative week in a row. Stock index futures rose early on Tuesday, with the Dow Jones futures adding nearly 0.4% while the Nasdaq futures gain 0.5% in early pre-market deals.

Asian stocks were mixed on Tuesday, with the MSCI’s gauge of Asia-Pacific stocks outside Japan adding 0.47%.  Investor sentiment has improved somehow as Chinese authorities signaled steps to support the struggling economy. The Chinese Cabinet’s planning agency promised to accelerate easier lending and other policies at the start of the week. The Shanghai Composite Index gained 1.36% and the Nikkei 225 in Tokyo finished just above the flat-line. Elsewhere, Australia’s central bank raised its benchmark lending rate by 0.5%, as expected, and said more rate hikes were planned. Sydney’s S&P-ASX 200 lost 0.38% following the decision.

After a drop on Monday, European stocks extended losses today as risk tones are fairly tepid. The lack of enthusiasm for now is keeping major indices on edge, with recession risks persisting in the region. The sentiment deteriorated after Russia’s Gazprom announced that gas flows to Europe via the Nord Stream 1 pipeline would be halted indefinitely. Today, Gazprom said that gas flows via Nord Stream 1 will not resume until Siemens Energy repairs faulty equipment.

Meanwhile, the dollar looks more mixed to start the day after yesterday’s rejection from fresh twenty-year highs. The euro and pound are slightly higher against the greenback while the yen is trading down to fresh lows since 1998. USDJPY exceeded the 141.00 figure to extend the ascent to the 141.50 zone. As a result, the daily RSI has entered overbought territory, but the pair is likely to continue the rally in the near term, targeting the 142.00 mark.

Tags: ASX 200DollarDOW JONESEURONasdaqNikkeiUSUSDJPY
Share4Tweet2
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 stays afloat as gold rally pauses

December 5, 2023 07:00
10
Stocks mixed while gold at fresh all-time highs to start the week
Fundamental analysis

Stocks mixed while gold at fresh all-time highs to start the week

December 4, 2023 08:00
11
Stocks mixed, dollar indecisive to start the new month
Fundamental analysis

Stocks mixed, dollar indecisive to start the new month

December 1, 2023 08:00
12
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

USD keeps refreshing August lows

November 30, 2023 07:00
12
Global stocks mixed with Fed and China in focus
Fundamental analysis

Global stocks mixed with Fed and China in focus

November 29, 2023 08:00
12
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar needs fresh impetus

November 28, 2023 07:00
13

Leave Your Opinion Cancel reply

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

Recommended

Federal Reserve Board invites public comment on proposal that would update the Board’s capital planning requirements to be consistent with other Board rules that were recently modified

September 30, 2020 11:00
10
Market sentiment worsens across the world

Market sentiment worsens across the world

October 12, 2021 05:32
16
Investor sentiment remains unstable amid geopolitical developments

Quite start to the final week of 2021

December 27, 2021 00:24
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
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