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Market Overview - Page 308


U.S. Futures, Europe Stocks Climb; Dollar Weakens
U.S. Futures, Europe Stocks Climb; Dollar Weakens.

U.S. equity futures climbed with European stocks on signs of strength in the housing market. A dollar gauge slid to the lowest since 2018. Treasuries edged higher and gold climbed back above $2,000 an ounce. Iron ore futures rallied to.

China’s Stock Rally Rages On as Analyst Predicts Unstoppable Upside
China’s Stock Rally Rages On as Analyst Predicts Unstoppable Upside.

China’s stock market could see an uninterrupted recovery in the medium-term, strategists say. Despite heightening geopolitical risks and territorial tensions, the nation’s economy is quickly rebounding.

S&P 500 on track for record close
S&P 500 on track for record close.

Stock futures rose on Tuesday after better-than-expected earnings from two retail giants, putting the S&P 500 on track to exceed its previous record close set in February before the coronavirus hit. The S&P 500 closed Monday at 3,381.99, just a.

World’s largest sovereign wealth fund reports $21 billion loss
World’s largest sovereign wealth fund reports $21 billion loss.

Norway’s huge pension fund — the largest sovereign wealth fund in the world — reported negative returns for the first half of the year on Tuesday, citing “major fluctuations” in equity markets. The Government Pension Fund Global said it returned.

Tech stocks and gold lead the rebound as dollar declines
Tech stocks and gold lead the rebound as dollar declines.

It seems that after a short recharge, the markets have returned to the trends of recent months: outperforming growth in stocks of technology companies, strengthening gold and a declining dollar. The Nasdaq100 index updated its historical highs to 11300, adding.

Gold rush at Turkish bazaar a test of trust for lowly lira
Gold rush at Turkish bazaar a test of trust for lowly lira.

Hasan Ayhan followed his wife’s instructions last week and took their savings to buy gold at Istanbul’s Grand Bazaar as Turks scooped up bullion worth $7 billion in a just a fortnight. With memories of a currency crisis which rocked.

Ripple confirms ODL plans for India, demands regulatory clarity
Ripple confirms ODL plans for India, demands regulatory clarity.

Ripple‘s Managing Director for South Asia and MENA, Navin Gupta, has revealed more details about the company’s plans for India. In an interview with local Indian media, Gupta confirmed that Ripple plans to create a corridor for India. With a.

U.S. Futures Rise With Europe Stocks; Metals Climb
U.S. Futures Rise With Europe Stocks; Metals Climb.

U.S. equity futures and European stocks advanced, following a rally that began in China after the country’s central bank pumped cash into the financial system, signaling that it wants to ease monetary policy. Commodity and technology shares supported the Stoxx.

Dollar on defensive as markets eye U.S. politics, Fed minutes
Dollar on defensive as markets eye U.S. politics, Fed minutes.

The dollar edged lower and commodity currencies inched higher on Monday as investors were relieved by a delay in a review of the U.S.-China trade pact which left the deal intact. Uncertainty ahead of a week that includes minutes of.

Russia: West is trying to ‘lure’ away its scientists because of vaccine
Russia: West is trying to ‘lure’ away its scientists because of vaccine.

The head of Russia’s vaccine-development body has claimed that Western research institutions are seeking to “lure” away its scientists to work for them. Alexander Gintsburg alleged that attempts to poach scientists from Russia to work in Europe and the U.S..

Wealthy Investors Bet Against the Dollar – And That’s Gold Rally Fuel
Wealthy Investors Bet Against the Dollar – And That’s Gold Rally Fuel.

Hedge funds and wealthy investors are betting against the U.S. dollar for the first time in over two years. The fading dollar, after four months of a downtrend, could catalyze a newfound gold rally. Analysts have attributed the weakening dollar.

Belarus’ president remains defiant
Belarus’ president remains defiant.

Belarusian President Alexander Lukashenko has rejected calls to quit following his contested re-election, warning that the former Soviet republic would “perish as a state” if it was forced to repeat the vote. Opposition protesters took to the streets for the.

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