Market Overview - Page 124

Despite attempts at intraday gains, all three key US indices are down for three consecutive days. On Thursday morning, we see moderately positive dynamics again, supported by a rise in Chinese stocks. China’s regulators agreed to a request to reschedule.

In its latest statement today, ECB said that it will continue “with a moderately lower pace of net asset purchases” under PEPP, after two quarters of acceleration. At the same time, its volume (€1.85 trillion), as well as key interest.

Bitcoin remains under moderate pressure on Thursday, trading near $46.3K, down 12.5% from Tuesday’s peak. Meanwhile, the total capitalisation of the crypto market has surpassed $2.1 trillion this morning. Overall, the trend of bitcoin’s share of the crypto market remains.

The stock market currently acts like a tired climber, moving up in smaller and smaller steps while resting more often. This dynamic can easily be attributed to poor preparation, given how many unprofessional retail investors have entered the markets in.

GameStop is an American video games chain that was previously in a difficult situation due to competition from the digital distribution of computer games and the economic impact of the pandemic, causing the share price to fall and prompting many.

The stock markets are again dominated by the idea of weaker growth, which will require an extension of the current stimulus for some more time. New highs in the Nasdaq contrast with the retreat of the Dow Jones and DAX,.

On Tuesday, the dollar added around 0.5% to a basket of the six most popular currencies on turbulence in some market sectors. The “buy rumours, sell facts” model played out in full force yesterday and may continue to dominate the.

The stock markets are again dominated by the idea of weaker growth, which will require an extension of the current stimulus for some more time. New highs in the Nasdaq contrast with the retreat of the Dow Jones and DAX,.

On Tuesday, during the Asian session, gold showed a slight decline on the wave of profit-taking. However, it still remains above the monthly high at $1,800. Other metals also showed a slight decline at the beginning of the trading day,.

The US created 235K new jobs, drastically worse than the expected 750K. Estimates for July increased by 110K to 1,053K. The rise in coronavirus cases last month had a visibly negative impact on the pace of labour market recovery. At.

Powell’s speech a week ago, although it did not generate a strong market reaction, did change risk sentiment amongst traders. Today’s NFP publication could put the dollar back into a long-term down-trend or revive interest in it. In August, technical.

Initial filings for unemployment insurance fell last week to their lowest levels since March 2020 in another sign that the labor market is gradually improving from the Covid-19 era, the Labor Department reported Thursday. First-time jobless claims totaled 340,000 for.