Dow Jones ended lower following late-day selling Wednesday on signs of further Covid-19 restrictions in the U.S. that threaten the pace of the recovery, and an intraday reverse in Boeing. Asian bourses were mixed as the region partially shrugged-off the risk-averse mood that rolled over from US where early vaccine optimism faded amid COVID-19 concerns.
Tag - jpy - japanese yen
Global shares stepped back on Wednesday as soft U.S. retail sales increase worries that rising coronavirus cases could stifle a still fragile economic recovery, dampening the euphoria from vaccine trial breakthroughs.
US stocks are set to open slightly lower, retracing some - but by no means all - of Monday’s surge that took both the Dow Jones and S&P 500 to new record highs.
The vaccine news helped the risk-friendly Australian dollar, which climbed to a one-week high against its US counterpart.
Vaccine news from Moderna are still affecting the market, and there are many interesting trade opportunities out there!
Global stocks eyed a fresh record high on Monday as signs of economic recovery in Asia, recent strong corporate earnings, and hopes of a COVID-19 vaccine bolstered investor sentiment.
Asian equities hit a record high on Monday as investors set aside fears about rising coronavirus cases and bought stocks, cheered by data showing a robust recovery in China and Japan. There are just mountains of cash sitting on the sidelines and big hedge funds know it.
U.S. stock markets are indicated to open higher on Friday at the end of a topsy-turvy week in which the initial euphoria on finding an effective vaccine against Covid-19 has buckled under the weight of the bleak short-term outlook.
Asian equity markets weakened on spill-over selling from Wall Street; Hong Kong lagged. Looking ahead, highlights from macroeconomic calendar include Eurozone Employment and GDP (Flash), US University of Michigan, Fed's Williams and Bullard speeches.
The global rally in stocks on the back of Pfizer’s vaccine news ground to a halt, as markets took on board the near-term challenges of a still-potent coronavirus
Asian equity markets traded mostly lower as sentiment gradually deteriorated from the mixed performance stateside.
Entering the market is best in the correction period - well, you will have correction among most currency pairs now in the Forex market. Get in!