Daily Summary: European stocks extend losses while Wall Street rebound gains steam
• US Stocks pare losses • European indices finished deeply in the red • Gold Hits 3-Week High During majority of today's...
Market news
• US Stocks pare losses • European indices finished deeply in the red • Gold Hits 3-Week High During majority of today's...
The Weekly Economic Index (WEI) provides a signal of the state of the U.S. economy based on data available at a daily or weekly frequency. It represents...
Major US stock indexes are trying to erase early losses. Cisco and American Express lead the recovery. Both companies gain over 5.00% during today's...
• President Trump supports strong U.S. dollar • US Jobless Claims rose more than expected • 3M (MMM.US) sales fell...
Are pioneers better positioned for success than their traditional rivals? Traditional carmakers embrace electric vehicles E-commerce...
2.981 million Americans have filed unemployment claims during the week ended May 9th. Today’s reading came in above analysts’ expectations...
Donald Trump appeared on Fox News today. The US President touched on many topics but he's comments on China and USD drew the most attention. Trump...
• The total number of confirmed coronavirus cases surpassed 4.44 million of which more than 298 000 died and over 1.67 million recovered. • World...
Sell-off on stock markets continue DE30 breaks below 10,500 pts RWE (RWE.DE) reported 27% YoY increase in Q1 Ebit Stocks...
EURUSD launched today’s session lower, adding to yesterday’s decline. However the pair reached the key support this morning and buyers appeared...
US initial jobless claims seen at 2.5 million Fed, ECB and BoC members scheduled to speak Stocks continue to sell-off. Major indices...
US indices deepened declines started on Monday. S&P 500 dropped 1.75%, Dow Jones slumped 2.17% and Nasdaq dipped 1.55%. Major indices...
• European indices close lower on coronavirus concerns • Powell rules out negative rates • US Crude inventories declined...
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Crude inventories in the US fell by 0.745 million barrels in the week ended May 8th, 2020, following a 4.59 million increase last week and compared with...
• Powell dampens hopes for negative rates introduction • US Producer Prices Fall at a Record 1.3% • Dollar index hovers...
During the speech, Powell did not say anything about negative interest rates. However, this changes in the Q&A session. It indicates that the Fed's...
Powell speaks today at an event organized by the Peterson Institute. His statement was strongly expected by the markets due to possible suggestions regarding...
Oil Oil price trade sideways near $25 (WTI) and $30 (Brent) On one hand, there is hope that demand is recovering. On the other, second...
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