• Latest
  • Trending
  • All
Stocks retain bullish bias ahead of the weekend

Stocks keep bleeding at the start the week

September 19, 2022 11:16
Equity markets mostly depressed

Equity markets mostly depressed

September 22, 2023 07:00
Dollar lacks upside momentum due to lower Treasury yields

Dollar receives fresh impetus from Fed

September 21, 2023 07:01
Dollar lacks upside momentum due to lower Treasury yields

Greenback paralyzed in anticipation of Fed decision

September 20, 2023 07:00
Stock markets directionless as Fed meeting looms

Stock markets directionless as Fed meeting looms

September 19, 2023 07:03
Dollar lacks upside momentum due to lower Treasury yields

Dollar under some pressure after the weekend

September 18, 2023 07:00
Economic data and ECB boost stock market rally

Economic data and ECB boost stock market rally

September 15, 2023 07:57
Dollar lacks upside momentum due to lower Treasury yields

USD hesitates below the 105.00 barrier

September 14, 2023 07:00
Dollar lacks upside momentum due to lower Treasury yields

USD steady and resilient in anticipation of US CPI

September 13, 2023 07:15
Stock markets struggle for direction ahead of major events

Stock markets struggle for direction ahead of major events

September 12, 2023 07:19
Dollar lacks upside momentum due to lower Treasury yields

Dollar rally pauses to start the week

September 11, 2023 06:46
Risk sentiment improves somewhat after a streak of losses

Risk sentiment improves somewhat after a streak of losses

September 8, 2023 07:08
Dollar lacks upside momentum due to lower Treasury yields

Unabated dollar demand keeps pressuring gold

September 7, 2023 07:26
  • Terms & Сonditions
  • Contact
Saturday, September 23, 2023
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Equity markets mostly depressed

    Equity markets mostly depressed

    Stock markets directionless as Fed meeting looms

    Stock markets directionless as Fed meeting looms

    Economic data and ECB boost stock market rally

    Economic data and ECB boost stock market rally

    Stock markets struggle for direction ahead of major events

    Stock markets struggle for direction ahead of major events

    Risk sentiment improves somewhat after a streak of losses

    Risk sentiment improves somewhat after a streak of losses

    Dollar buoyed by risk aversion

    Dollar buoyed by risk aversion

    Equity markets indecisive ahead of the weekend

    Equity markets indecisive ahead of the weekend

    Stocks advance amid signs of a cooling US economy

    Stocks advance amid signs of a cooling US economy

    Powell and China fuel stock market rally

    Powell and China fuel stock market rally

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

    Equity markets mostly depressed

    Stock markets directionless as Fed meeting looms

    Stock markets directionless as Fed meeting looms

    Economic data and ECB boost stock market rally

    Economic data and ECB boost stock market rally

    Stock markets struggle for direction ahead of major events

    Stock markets struggle for direction ahead of major events

    Risk sentiment improves somewhat after a streak of losses

    Risk sentiment improves somewhat after a streak of losses

    Dollar buoyed by risk aversion

    Dollar buoyed by risk aversion

    Equity markets indecisive ahead of the weekend

    Equity markets indecisive ahead of the weekend

    Stocks advance amid signs of a cooling US economy

    Stocks advance amid signs of a cooling US economy

    Powell and China fuel stock market rally

    Powell and China fuel stock market rally

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

Home » Stocks keep bleeding at the start the week

Stocks keep bleeding at the start the week

by Stephen Soo
September 19, 2022 11:16
in Fundamental analysis
0
Stocks retain bullish bias ahead of the weekend

Risk tones keep on the defensive ahead of Fed meeting

Wall Street stocks fell on Friday to see their worst weeks since June as the selling pressure persisted across the markets. The Dow Jones Industrial Average dropped 0.45%, the S&P 500 shed 0.72% and the Nasdaq Composite slid 0.90%. Furthermore, the three major averages suffered their fourth losing week in five. The Dow declined 4.1%, the S&P 500 lost 4.8%, while the Nasdaq Composite dropped about 5.5% last week. In individual stocks, shares of FedEx lost more than 20% to suffer the worst daily drop ever after the company said it will implement cost-cutting initiatives.

Asian equities were under pressure on Monday as investors await major central bank meetings this week. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.5%. In mainland China, the Shanghai Composite dipped 0.35%, the Hang Seng index in Hong Kong was 1% lower, South Korea’s Kospi shed 1.14% and the S&P/ASX 200 in Australia was 0.28% lower. Japan’s market was closed for a holiday Monday. The Bank of Japan is expected to keep rates on hold at ultra-low levels during the meeting this week.

In Europe, stocks opened lower to start the week as investors expressed concerns about the US Federal Reserve’s upcoming monetary policy meeting. Risk tones keep on the defensive today, with US stock index futures pointing lower in early pre-market deals. The pan-European Stoxx 600 slipped nearly 3% last week, staying on the defensive today. The U.K.’s FTSE 100 is closed Monday to mark the funeral of Queen Elizabeth II.

Meanwhile, the US dollar is back on the offensive following a two-day slide, challenging the 110.00 mark in early European deals as safe-haven demand persists. However, the USD index could refrain from a more robust ascent in the near term as traders await the Fed meeting that concludes on Wednesday. As such, EURUSD is back below the 20-DMA, struggling to regain parity as the greenback remains elevated amid rising Treasury yields.

Tags: ASX 200Bank of JapanDollarDOW JONESEURUSDfedFederal ReserveFTSE 100NasdaqS&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

Equity markets mostly depressed
Fundamental analysis

Equity markets mostly depressed

September 22, 2023 07:00
11
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar receives fresh impetus from Fed

September 21, 2023 07:01
13
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Greenback paralyzed in anticipation of Fed decision

September 20, 2023 07:00
14
Stock markets directionless as Fed meeting looms
Fundamental analysis

Stock markets directionless as Fed meeting looms

September 19, 2023 07:03
13
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar under some pressure after the weekend

September 18, 2023 07:00
13
Economic data and ECB boost stock market rally
Fundamental analysis

Economic data and ECB boost stock market rally

September 15, 2023 07:57
15

Leave Your Opinion Cancel reply

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

Recommended

A mixed start to the week in the global markets

Markets mixed, risk aversion abates ahead of the weekend

July 15, 2022 04:14
16
A mixed start to the week in the global markets

Markets mixed after strong US jobs data

August 8, 2022 14:58
19

Tiff Macklem Appointed Governor of the Bank of Canada

May 1, 2020 18:08
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