Market Overview - Page 289

The headline unemployment rate for May to July stood at 4.1%, up from the 3.9% figure seen in the previous three month period, which covered the start of the U.K.‘s lockdown that began in late March, the U.K.’s Office for.

U.S. stocks retreated from more than one-week highs posted amid a flurry of deal activity and signs of progress toward a coronavirus vaccine. The dollar weakened and Treasuries were little changed. The S&P 500 increased as much as 1.9% before.

Tesla shares jumped more than 9% on Monday amid a broad-based rebound in the technology sector, and as Goldman Sachs said that demand is picking up in China. “Tesla global weekly app downloads have recently been tracking up on a.

The latest bout of sabre-rattling between Britain and the EU is upping the premium investors demand for holding UK assets for fear of a chaotic Brexit outcome with hugely damaging consequences for the economy. The pound is down 4% against.

China’s central bank digital currency (CBDC) known as the digital yuan should be regulated in line with cash-related laws, according to a senior exec at the country’s central bank. In an opinion article on Sept. 14, Fan Yifei, a deputy.

Oil prices slipped on Monday amid concerns about a stalled global economic recovery and falling fuel demand, as Libya signalled it would end its months-long blockade and resume output, adding yet more supply to the market. Brent crude was down.

The dollar retreated on Monday against major peers as a wave of M&A deals lifted the mood on global equity markets and investors looked ahead to an event-packed week which includes a Fed meeting and the appointment of a new.

U.S. stock futures rose early Monday morning after a sell-off in tech shares led to the market’s first back-to-back weekly declines in months. Dow Jones Industrial Average futures traded 306 points higher. The S&P 500 and Nasdaq 100 futures were.

Germany has come under increasing pressure to pull the plug on its controversial giant gas pipeline project with Russia, following the suspected poisoning of Russian opposition politician Alexei Navalny. Experts say Berlin is unlikely to do so for now, however,.

Global markets are experiencing some relief at the beginning of a new week. Pressure on the US indices has stopped approaching the 50-day average, which signifies this dip as technical and short term. The S&P 500 went below this line.

Coronavirus is now spreading rapidly again across the U.K. for the first time since March, prompting new restrictions in Birmingham, the country’s second biggest city. Government figures put the so-called “R” rate — the reproduction number that shows how fast.

Stocks rose in another volatile session on Friday as tech once again attempted to rebound from its recent slump. The Dow Jones Industrial Average traded 237 points higher, or 0.9%. The S&P 500 climbed 0.7% and the Nasdaq Composite traded.