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Market Overview - Page 211


Is the Pound rally going too far?
Is the Pound rally going too far?.

The UK boasts an impressive population vaccination rate, which is already paying off: the number of new daily deaths from coronavirus fell by three times over the month and almost six times for new daily cases. Therefore, the prospects of.

Dollar have Powell on its side
Dollar have Powell on its side.

The pressure on stock markets eased somewhat by the end of the day on Tuesday. The decline in Tesla shares was reduced from 13% to just 2% by the end of the day, and Apple almost clawed back all of.

US house prices continue their breakaway
US house prices continue their breakaway.

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..

Rising dollar vs markets: what will be the primary trend of 2021
Rising dollar vs markets: what will be the primary trend of 2021.

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.

The new rise of commodities and commodity-linked currencies
The new rise of commodities and commodity-linked currencies.

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.

Hidden demand for the dollar on declining stocks and bonds
Hidden demand for the dollar on declining stocks and bonds.

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.

GBPUSD storming 1.4000 despite a huge drop in retail sales
GBPUSD storming 1.4000 despite a huge drop in retail sales.

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.

Weak US jobless claims as the sign of stalling recovery
Weak US jobless claims as the sign of stalling recovery.

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.

Top 3 DeFi lending protocols exceed $20B in deposits
Top 3 DeFi lending protocols exceed $20B in deposits.

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 Steady With Bond Yields; Brent Near $65
Stocks Steady With Bond Yields; Brent Near $65.

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.

Global Covid Infections Drop to Slowest Pace Since October
Global Covid Infections Drop to Slowest Pace Since October.

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.

No electricity, no water, Texans struggle through historic cold with more dark days ahead
No electricity, no water, Texans struggle through historic cold with more dark days ahead.

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.

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