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Market Overview - Page 130


US New Home Sales: lower volumes, but not prices
US New Home Sales: lower volumes, but not prices

US new home sales went above expectations, adding 1% in July, supporting the short-term risk-on momentum and further pushed the S&P500 index into the area of historical highs near 4500. However, the longer-term chart shows that US newbuilding sales have.

Option cycles explain intra-month cycles in equity markets
Option cycles explain intra-month cycles in equity markets

The US indices Nasdaq100 and S&P500 made new all-time highs on Monday, gaining 1.46% and 0.85% on the day. Last week’s drawdown was bought back as quickly as it was in the last several months. The daily charts of the.

Time to pump? Data suggests traders intend to push Filecoin (FIL) above $100
Time to pump? Data suggests traders intend to push Filecoin (FIL) above $100

Filecoin (FIL) accumulated 65% gains over the past 30 days to reach its highest price since June 8. The recent strength was accelerated after an Aug.6 partnership with Chainlink’s oracle protocol on Aug. 6 allowed the projects to join their.

Hong Kong’s Hang Seng index jumps nearly 2% as optimism rises on Pfizer vaccine approval
Hong Kong’s Hang Seng index jumps nearly 2% as optimism rises on Pfizer vaccine approval

Shares in Asia-Pacific rose in Tuesday trade, after the tech-heavy Nasdaq Composite jumped to a record closing high following the U.S. Food and Drug Administration’s full approval of Pfizer and BioNTech’s Covid-19 vaccine. Hong Kong’s Hang Seng index was up.

Stock futures inch higher after a broad rally on Wall Street amid vaccine approval
Stock futures inch higher after a broad rally on Wall Street amid vaccine approval

Stock futures edged higher in early morning trading on Tuesday following a broad-based rally on news that U.S. regulators granted full approval for Pfizer-BioNTech’s Covid vaccine. Futures on the Dow Jones Industrial Average rose 84 points. S&P 500 futures and.

Three ways the victory of the Taliban might reverberate around the world
Three ways the victory of the Taliban might reverberate around the world

The capital of Kabul fell into the hands of the ultraconservative militants more than a week ago, marking the collapse of the civilian government as the U.S. withdrew its military presence ahead of the Aug. 31 deadline. Rise in terrorismAfghanistan.

U.S. and German relations at a crossroads as Afghanistan crisis unfolds
U.S. and German relations at a crossroads as Afghanistan crisis unfolds

After four years of tension under former President Donald Trump, the relationship between the United States and Germany was already at a crossroads. Now, experts say the ongoing crisis in Afghanistan could add fuel to the fire. The election of.

Kamala Harris says Asia won’t have to choose between the U.S. and China
Kamala Harris says Asia won’t have to choose between the U.S. and China

Vice President Kamala Harris on Tuesday called out Beijing’s actions in the South China Sea, and sought to assure countries in Asia that they won’t have to choose between the U.S. and China. “We know that Beijing continues to coerce,.

Euro zone business activity remains robust in August as jobs boom
Euro zone business activity remains robust in August as jobs boom

The euro zone economy lost some momentum in August but is still on track for solid growth in the third quarter of this year, according to preliminary data released Monday. IHS Markit’s flash composite PMI for the euro zone, which.

President Biden’s job approval ratings drop as Covid cases rise and crisis in Afghanistan mounts
President Biden’s job approval ratings drop as Covid cases rise and crisis in Afghanistan mounts

President Joe Biden’s job approval ratings have taken a dive as he’s been criticized for his administration’s handling of the withdrawal of U.S. troops from Afghanistan and while Covid-19 cases surge across the country. An NBC News poll released Sunday.

Double-digit PPI may unnerve German policymakers
Double-digit PPI may unnerve German policymakers

Germany Producer Price Index growth accelerated to 10.4% y/y in July. For the first time in the indicator’s 50-year history, the figure shows a double-digit growth. It is also notable for markets that the actual statistics are much stronger than.

UK Retail Sales plunged 2.5%, a bad surprise for BoE
UK Retail Sales plunged 2.5%, a bad surprise for BoE

If you thought US retail sales in July were weak, declining by 1.1%, you did not see the UK figures. The fresh report showed a plunge of 2.5% last month against expected growth of 0.2%. Year-over-year growth slowed from 9.2%.

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