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Market Overview - Page 189


Dollar looks for next catalyst as economic data keep bulls in control
Dollar looks for next catalyst as economic data keep bulls in control.

The dollar was largely steady on Monday as investors soaked up last week’s strong U.S. employment report and looked ahead to data on the U.S. services sector for affirmation of a solid economic rebound from the coronavirus shock. The greenback.

Oil prices fall after prior gains driven by OPEC+ move
Oil prices fall after prior gains driven by OPEC+ move.

Oil prices slipped on Monday, paring strong gains made in the previous session that was driven by the decision by OPEC+ to gradually ease some of its production cuts between May and July. Brent crude futures for June fell 96.

Japan stocks rise about 1% as major markets in Asia-Pacific are closed for holidays
Japan stocks rise about 1% as major markets in Asia-Pacific are closed for holidays.

Shares in Japan climbed in Monday afternoon trade, as many major Asia-Pacific markets are closed for holidays. In Japan, the Nikkei 225 rose 0.91% while the Topix index advanced 0.66%. South Korea’s Kospi hovered above the flatline. Shares of LG.

Europe’s stumbling vaccine rollout provides a lesson in EU politics
Europe’s stumbling vaccine rollout provides a lesson in EU politics.

European Commission President Ursula von der Leyen said it herself: “The start was tough.” The European Union has had a bumpy Covid-19 vaccine rollout. The campaign has prompted complaints that regulators were too slow to approve the shots and led.

Dow futures jump more than 200 points after blowout jobs report
Dow futures jump more than 200 points after blowout jobs report.

Stock futures climbed in early morning trading on Monday as investors cheered a strong bounce in U.S. job growth last month amid accelerating vaccine rollout. Futures on the Dow Jones Industrial Average jumped 215 points. S&P 500 futures and Nasdaq.

Around 65% of the world’s bitcoin was mined in China as of April 2020
Around 65% of the world’s bitcoin was mined in China as of April 2020.

Celebrity investor Kevin O’Leary says he will only buy bitcoin mined sustainably in countries that use clean energy — and not “blood coin” mined in China. “I see over the next year or two, two kinds of coin,” he told.

Gold and oil seem to have completed their correction
Gold and oil seem to have completed their correction.

Today is a day off in most trading venues in Europe and America with limited commodity market dynamics. However, it is an excellent reason to take a closer look at the recent developments in oil and gold. During another OPEC+.

Elon Musk tweet gives Dogecoin a 35% liftoff
Elon Musk tweet gives Dogecoin a 35% liftoff.

It may be an April Fool’s Day prank, but when it comes to meme-based cryptocurrency Dogecoin (DOGE), it hardly matters. After a fresh tweet from Tesla CEO Elon Musk, DOGE/USD shot up 35% in minutes on April 1, hitting six-week.

Global equities surge on factory data, stimulus hopes
Global equities surge on factory data, stimulus hopes.

Global equity markets surged on Thursday, with U.S. and European benchmark stock indexes setting record highs, on the back of the strongest manufacturing data around the world in decades and a drop in bond yields that lifted big tech shares..

OPEC+ to decide on oil production policy as demand concerns persist
OPEC+ to decide on oil production policy as demand concerns persist.

A group consisting of some of the world’s most powerful oil producers on Thursday will meet to decide on the next phase of output policy. OPEC and non-OPEC partners, a group sometimes referred to as OPEC+, convened for talks via.

European stocks inch towards record high as PMIs, chip rally support
European stocks inch towards record high as PMIs, chip rally support.

European stocks kicked off the new quarter with gains on Thursday, as optimism around a new U.S. government spending plan and strong factory activity data out of the euro zone eclipsed concerns about another lockdown in France. The pan-European STOXX.

S&P 500 tops 4,000 for the first time to start April, tech shares lead gains
S&P 500 tops 4,000 for the first time to start April, tech shares lead gains.

The S&P 500 crossed the 4,000 threshold for the first time on Thursday as Wall Street built on a solid March following the rollout of President Joe Biden’s infrastructure plan. The broad equity benchmark rose 0.8% to a fresh intraday.

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