Market Overview - Page 206

Fresh data from FHFA noted a 1.1% increase in house prices during December, and this is the seventh consecutive month of price increases of more than 1%. According to this metric, prices are now 11.4% higher than a year earlier..

The US dollar is retreating, sending the DXY index below the 90-significant circular level and the 50-day moving average. The dollar’s corrective recovery proved short-lived. The US is trying even harder than during the global financial crisis to solve the.

Stock markets are under moderate pressure on Monday morning. To clarify, “moderate pressure” translates into a fifth consecutive session of declines for the S&P500, dumping the index by 1.6% from record levels. Meanwhile, the sell-off in long-term bonds continues, causing.

Global markets are intensifying trends of profit-taking from the gains of previous months. This is clearly visible in the weaker performance of the Nasdaq100 (-0.7%) compared to the S&P500 (-0.44%) and DowJones30 (-0.38%). Against this backdrop, Asian indices retreated from.

A dip in UK retail sales of 8.2% in January does not seem to have succeeded in dampening buyer interest in the British pound. The drop in sales is linked to a strict lockdown last month, but progress in vaccination.

The US’s weekly jobless claims came out noticeably weaker than expected, further underlining the government stimulus packages’ importance. Initial jobless claims for the week to February 13th jumped to 861K vs an expected fall to 775K. As in the previous.

There has been no slowdown in the amount of collateral pouring into the leading decentralized finance protocols this year. DeFi’s leading three lending protocols have amassed approximately $20 billion according to Dune Analytics. A Messari research report into valuing these.

Stocks and bond yields steadied as investors digested the implications of a run-up in borrowing costs that had pushed them to their highest level in a year. Crude oil and copper jumped. European shares opened flat, with miners and tech.

Almost a year after the World Health Organization declared the coronavirus a pandemic, there are some encouraging signs as new global infections fall sharply. Fresh Covid-19 cases for the week ended Feb. 14 were the lowest since October, at 2.7.

Texas officials warned of “disasters within the disaster” of historic cold weather that left millions without heat for a third day on Wednesday, telling residents to prepare for energy to not return until the weekend. Residents in over 100 counties.

Divergent stock market sentiment and gold’s drawdown have not stopped oil and gas from rising. The price of these energy resources has received a powerful driver in recent days with extreme weather conditions in the Northern Hemisphere. According to Bloomberg.

Australians woke to empty news feeds on their Facebook Inc pages on Thursday after the social media giant blocked all media content in a surprise and dramatic escalation of a dispute with the government over paying for content. The move.