Posts Tagged ‘markets’
EU stimulus delayed after Hungary and Poland veto the budget proposal
The nervousness in markets, spurred by the renewed public health restrictions around the world, dominated the sentiment yesterday, leading to profit-taking emerging in risk assets. Japan and South Korea raised their public health alert levels, while New York City announced that it had stopped in-class teaching and cut subway and bus services. The market reaction…
Read MoreMarkets opened this Monday morning in a risk off mood. Only one week is remaining before US elections.
Markets opened this Monday morning in a risk off mood with US and European futures opening to the downside due to surging corona virus cases in Europe and software giant SAP issuing a profit warning. The second wave proves to be worse than the first. DAX traded around 2.3% lower, FTSE dropped around 0.5%, both…
Read MoreChinese export data boost Asian markets.
US stocks continued their winning streak on Monday with tech stocks leading the surge. Apple rose 6.35% while Microsoft was up 2.59% pushing the NASDAQ to a sharp 2.55% gain. The S&P and the DOW rose 1.64% and 0.87% respectively. Bond markets were closed for a holiday. British unemployment for the 3 months to August…
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