-
Global Markets Today: Asia, Europe Stocks Soar Ahead Of US Election Day
Tuesday, November 3, 2020 - 5:05am | 570Major U.S. futures are higher in early trade on the U.S. election day, with the Dow gaining 0.67% and the S&P 500 up 0.51%. Global stocks have taken cues from Wall Street, with Asian shares up on Tuesday's close and European shares lifting in early trade. The gains are on top of Monday'...
-
Global Markets Today: Shares Retreat From Last Week's Losses
Monday, November 2, 2020 - 5:10am | 663U.S. futures are trading higher early Monday after falling on Friday. The Dow futures have advanced 0.29%, and the S&P 500 has gained 0.34%. Most Asian markets have closed higher, retreating losses from the last week on rising coronavirus cases and the uncertainties around the U.S....
-
Global Markets Today: Shares Fall As US Election, Rising COVID-19 Cases Invite Caution
Friday, October 30, 2020 - 6:42am | 517Stocks worldwide are selling off on Friday as rising coronavirus cases and U.S. election leads to investor caution. Asian markets have tumbled, while European markets are inching lower in Friday's trade. Dow and S&P 500 futures are trading lower by 1.16% each on the last check, after...
-
Global Markets Today: Asia Slips, Europe Recovers From Wednesday's Selloff
Thursday, October 29, 2020 - 5:09am | 493Wednesday was one of the worst days for the markets as stocks tumbled globally. Major U.S. indices hit the lows since June, with Dow plunging 3.43%, the S&P 500 down 3.53%, and the Nasdaq shedding 3.73%. The futures are showing respite early Thursday after most Asian markets slipped, while the...
-
Asian Markets Today: Stocks Remain Mixed Amid Global Selloff
Wednesday, October 28, 2020 - 1:08am | 440Global stocks sold off on Tuesday as a rise in coronavirus cases threatens to impact the already dwindling global economy. The Dow shed 0.80%, and the S&P 500 fell 0.30% on Tuesday. Nasdaq gained 0.64%, led by tech stocks. Major indices futures are trading lower early Wednesday, with the Dow...
-
Asian Markets Today: Shares Plunge After Wall Street's Decline
Tuesday, October 27, 2020 - 1:10am | 487Markets across the U.S., Europe, and Asia plunged on Monday as rising COVID-19 cases and uncertainty over U.S. stimulus added to investor fears. The Dow declined 2.29% and the S&P 500 shed 1.86% on Monday, marking their steepest fall since September. Futures show respite early Tuesday, with the...
-
Asian Markets Today: Rise In Global Coronavirus Cases Weighs On Shares
Monday, October 26, 2020 - 12:52am | 396Major U.S. indices were mixed on Friday. The Dow and the S&P 500 futures have started the week on a negative note, going down 0.55% and 0.56% early Monday, as the global rise in coronavirus cases dampens investor sentiment. The effects of rising cases in the U.S. and Europe could be seen in...
-
How Are Asian Markets Doing Today?
Friday, October 23, 2020 - 1:05am | 480Indices in Asia have advanced on Friday, taking optimism from Wall Street's gains on Thursday, with the Dow gaining 0.54% and the S&P 500 closing 0.52% higher. House Speaker Nancy Pelosi moving closer on a stimulus deal with President Donald Trump's administration and the...
-
How Are Asian Markets Doing Today?
Thursday, October 22, 2020 - 1:18am | 444There remains no end in sight for U.S. stimulus negotiations, taking a toll on the markets. Major U.S. indices closed lower on Wednesday with the Dow losing 0.35%, the S&P 500 down 0.22%, and the Nasdaq down 0.28%. The presidential election is two weeks away and the stimulus optimism...
-
USD/JPY Forecast: Bounces After A First Attempt To Break Below The 110.00 Threshold
Wednesday, February 26, 2020 - 4:53pm | 368USD/JPY Current Price: 110.29 US government bond yields reached fresh record lows before bouncing modestly. Panic eased but the market’s mood still sour amid coronavirus concerns. USD/JPY bounces after a first attempt to break below the 110.00 threshold. The USD/JPY pair recovered...
-
USD/JPY Forecast: Poised To Test 109.65
Tuesday, February 25, 2020 - 4:04pm | 370USD/JPY Current Price: 109.93 Fears of recession exacerbated by the coronavirus spreading through Europe. The US 10-year Treasury yield fell to a record low of 1.32%, sets nearby. USD/JPY poised to test 109.65, break below it exposes monthly low at 108.31. The USD/JPY pair fell to the 110....
-
USD/JPY Forecast: Poised To Extend Its Decline Once Below 110.20
Monday, February 24, 2020 - 4:12pm | 400USD/JPY Current Price: 110.63 Risk aversion amid spreading coronavirus backed the Japanese yen. US indexes collapsed, Treasury yields fell to multi-year lows. USD/JPY poised to extend its decline once below 110.20. The USD/JPY pair lost roughly 100 pips this Monday on the back of...
-
USD/JPY Forecast: Facing Resistance At 112.40
Thursday, February 20, 2020 - 3:52pm | 364USD/JPY Current Price: 112.04 Japanese data suggest the country is heading into a technical recession. The coronavirus outbreak is taking its toll on Asian economies. USD/JPY facing resistance at 112.40, but poised to extend its advance. The USD/JPY pair soared to 112.22 before...
-
USD/JPY Forecast: Unstoppable Needs To Hold Above 111.00 To Continue To Post Higher Highs
Wednesday, February 19, 2020 - 4:13pm | 473USD/JPY Current Price: 111.43 Japanese data, once again missed the market’s expectations, suggest steeper recession coming. A better perception of risk underpinned USD/JPY rally but was not enough to justify it. USD/JPY unstoppable needs to hold above 111.00 to continue to post higher...
-
USD/JPY Forecast: Trapped Within Sentiment
Tuesday, February 18, 2020 - 4:21pm | 334USD/JPY Current Price: 109.86 Japanese trade deficit seen widening to ¥1694.9B in January. US Treasury yields down amid coronavirus taking its toll on the economy. USD/JPY trapped within sentiment, dollar’s demand and dismal Japanese data. The USD/JPY pair was...