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Market Overview - Page 332


US ADP jobs data revived optimism at the start of the 2H
US ADP jobs data revived optimism at the start of the 2H

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 data is above expectations, but it does not help the euro
Germany data is above expectations, but it does not help the euro

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.

Gold Market Zeroes In on Curve Control After Futures Top $1,800
Gold Market Zeroes In on Curve Control After Futures Top $1,800

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.

Putin Set for Big Win in Vote That May Extend His Rule to 2036
Putin Set for Big Win in Vote That May Extend His Rule to 2036

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 rises on signs of economic recovery, ignoring surging infections
Oil rises on signs of economic recovery, ignoring surging infections

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,.

The coronavirus crisis has highlighted the trouble spots
The coronavirus crisis has highlighted the trouble spots

By the beginning of the third quarter, a mixed picture of economic recovery has emerged across countries and sectors. In short, there are no surprises: weak industries have lost more and are recovering slower. This applies to different sectors and.

U.S. coronavirus cases rise by 47,000, biggest one-day spike of pandemic
U.S. coronavirus cases rise by 47,000, biggest one-day spike of pandemic

New U.S. COVID-19 cases rose by more than 47,000 on Tuesday according to a Reuters tally, the biggest one-day spike since the start of the pandemic, as the government’s top infectious disease expert warned that number could soon double. California,.

European travel stocks are still nowhere near their pre-coronavirus levels
European travel stocks are still nowhere near their pre-coronavirus levels

European travel and leisure stocks have rebounded in recent weeks but still have a long way to go before returning to pre-crisis levels. The Stoxx 600 travel and leisure sector, which covers 16 companies, sank 42% in the first quarter.

IMF: Asia’s economy will shrink ‘for the first time in living memory’
IMF: Asia’s economy will shrink ‘for the first time in living memory’

Asia’s economy is expected to shrink this year “for the first time in living memory,” the International Monetary Fund said, warning that the region could take several years to recover. The fund said in a blog post published Tuesday that.

Ethereum Volatility Drops Below Bitcoin’s but ETH Options Are Bearish
Ethereum Volatility Drops Below Bitcoin’s but ETH Options Are Bearish

Ether (ETH) options implied volatility, a measure of the expected price swings as per the options markets premium, has dropped below Bitcoin’s (BTC) for the first time ever. This could signal that investors have given up expectations of a price.

Americans will remain barred from European travel as the EU gradually reopens its borders
Americans will remain barred from European travel as the EU gradually reopens its borders

Travelers from a list of 15 nations will be allowed entry to the European Union starting Wednesday, but the United States is not on the list. Thirty countries in Europe (26 of which are members of the EU) closed their.

Markets looking for positives in Chinese data and COVID-19 mortality in U.S.
Markets looking for positives in Chinese data and COVID-19 mortality in U.S.

Markets show growth on Tuesday morning after indications of a stronger recovery. In addition, the U.S. indices rose more than 1% on Monday. Interestingly, the growth of the U.S. indexes is taking place on the background of a more significant.

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