Market Overview - Page 330

The unemployment rate in the euro zone came in at 7.4% in May, as the region grapples with the economic shock from Covid-19. It comes after a number of European economies took their first steps to reopen in May, which.

Markets are optimistic for economic recovery in the U.S. and around the world. This week’s macro data has often exceeded expectations, reflecting a faster than expected recovery. Besides, the number of daily fatalities from COVID-19 in the world and the.

Russians have overwhelmingly voted in favor of changes to the country’s constitution that enable President Vladimir Putin to potentially stay in power up to 2036. With all the votes counted, the electoral commission said Thursday morning that the final count.

About 370 protesters were arrested in Hong Kong on Wednesday — 10 of them were apprehended for breaching the new security law just one day after it took effect. The new law came into force late Tuesday night, hours after.

Let’s discuss the most important market movements of June and outline what to look out for over the coming month. Event of the month During June, the pandemic was gaining momentum in South America and India. In the early days.

Oil prices registered their best quarterly performance in 30 years during the three months through to the end of June, staging a dramatic comeback after falling to record lows in April. Brent crude futures skyrocketed more than 80% in the.

Tesla became the world’s most valuable automaker on Wednesday, when the electric vehicle company’s market capitalization surpassed Toyota’s for the first time. Shares of Tesla gained 5% to hit a new all-time high of $1,135, giving the company a valuation.

ADP’s monthly labour market report noted US private sector employment growth of 2.37 million versus 3.07 a month earlier and close to the expected 2.85 million. The total number of employed in the private sector is 14.3 million lower than.

Germany this week over and over again surprises with economic releases better than median forecasts, but it turns out to be insufficient to form stable gains for the euro. Economically, this is easily explained by the still worsening situation. The.

Fresh from futures cracking $1,800 an ounce, the global gold market wants to know what the Federal Reserve may do next to rescue the U.S. economy, with minutes due later Wednesday that are expected to shed light on the central.

Russian President Vladimir Putin is on course to secure a resounding endorsement of his bid to extend his two-decade-long rule potentially up to 2036, as the Kremlin faces criticism for its heavy-handed efforts to marshal support. Putin, a former KGB.

Oil prices rose on Wednesday on improving factory activity in China and drawdown in U.S. crude inventories, both indicating an economic recovery and rise in energy demand despite surging coronavirus infections around the world. Brent crude was up 90 cents,.