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Market Overview - Page 133


German Business climate has clouded over again
German Business climate has clouded over again.

Germany’s business climate continues to deteriorate, says ifo in its monthly report. For the second month in a row, the general index and the expectations component fell. At the same time, the assessment of current conditions continues to improve. Supply.

Dollar almost complete its first phase of reversal, acceleration expected
Dollar almost complete its first phase of reversal, acceleration expected.

The S&P500 index closed at historic highs for the 50th time this year, gaining 0.15% on the day. There is a lull in the currency market waiting for monetary policy signals from Jackson Hole. This situation is quite dull for.

Stocks, Futures Steady; China Tech Rebound Stalls
Stocks, Futures Steady; China Tech Rebound Stalls.

Asian stocks were steady Wednesday as a rebound in Chinese technology stocks stalled and traders weighed the resilience of the economic recovery to the fast-spreading delta virus strain. The dollar edged higher. A Hong Kong gauge of Chinese tech names.

China’s cyberspace regulator lays out two main conditions for companies wanting to go public
China’s cyberspace regulator lays out two main conditions for companies wanting to go public.

Chinese companies wanting to go public — including overseas — must comply with two main aspects of a wider set of regulations, the vice minister for the country’s cybersecurity regulator said Tuesday. One is the national laws and regulations, Cyberspace.

Fuel-cell vehicles are set for big gains in China’s commercial truck market, JPMorgan says
Fuel-cell vehicles are set for big gains in China’s commercial truck market, JPMorgan says.

Hydrogen fuel cell vehicles are set to become a major player in China’s commercial truck market, predicts JPMorgan’s Elaine Wu. “Currently, the fuel cell vehicles account for less than 5% of the commercial truck market in China and that could.

Survey finds auto industry hit hardest by supply chain disruptions during Covid pandemic
Survey finds auto industry hit hardest by supply chain disruptions during Covid pandemic.

The automotive sector was hit the hardest by supply chain disruptions during the Covid-19 pandemic, according to a survey that covered six broad industries. The survey was conducted by the Economist Intelligence Unit and sponsored by Citi. It surveyed 175.

Biden says Afghanistan evacuation on track to finish by Aug. 31 deadline as threats to Kabul airport grow
Biden says Afghanistan evacuation on track to finish by Aug. 31 deadline as threats to Kabul airport grow.

President Joe Biden told G-7 leaders during an emergency meeting on Tuesday that he will keep the timeline previously set for the full U.S. troop withdrawal from Afghanistan, though the U.S. is also making contingency plans should an extension proves.

The U.S. is reviewing its trade policy with China, says USTR Katherine Tai
The U.S. is reviewing its trade policy with China, says USTR Katherine Tai.

Seven months since U.S. President Joe Biden took office, his administration has yet to establish a trade policy with China. U.S. Trade Representative Katherine Tai said Tuesday the “Biden-Harris Administration and USTR are conducting a comprehensive review of U.S.-China trade.

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.

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