Market Overview - Page 337

The state of the euro zone’s business activity is the main focus for European markets on Tuesday, with investors eager to digest the latest indication of the region’s economic health as it emerges from the coronavirus pandemic. Flash purchasing manager’s.

With about half a year to go, it’s still not a given that China’s economy will grow in 2020. An independent survey of more than 3,300 businesses in the country by U.S.-based China Beige Book found that for the second.

India is one of the world’s worst hit countries in the coronavirus pandemic, with reported cases spiking in recent weeks as the country emerged from a strict nationwide lockdown. Cumulatively, India has reported more than 400,000 cases of infections since.

President Donald Trump used his comeback rally to try to define the upcoming election as a choice between national heritage and left-wing radicalism, but his intended show of political force during the pandemic was thousands short of a full house.

In May, home sales in the United States declined for the third month in a row, dropping to the lowest level for 9 ½ years at 3.91 million. It fell by 32% to February peak levels, and by 27% to.

The New Zealand and Australian dollars surged ahead on Monday, while the U.S. dollar fell, edging away from last week’s two-and-a-half-week highs, as fears of a second wave of COVID-19 did little to dampen investors’ risk appetite. The World Health.

Stocks were flying during Monday’s premarket session, but when the opening bell rang, the Dow Jones Industrial Average (DJIA) quickly reversed course. Weakness set in even though traders have multiple reasons to feel bullish. The Federal Reserve hinted that the.

The currency markets are currently facing “multiple cross-currents” amid fears over a potential second wave of coronavirus cases in the world, said Deutsche Bank’s Sameer Goel, who is chief Asia macro strategist. A “big question” for investors right now over.

A major plan that will form part of China’s global technology push has been dubbed as hype and will face a number of challenges, a technology industry body told CNBC. China Standards 2035 is an ambitious 15-year blueprint that Beijing.

A surge in coronavirus cases in the U.S. and Brazil, and further outbreaks in Germany — where the reproduction rate of the disease has risen substantially — are concerning global health experts, but international financial markets don’t seem too worried..

American companies continue to cut production and drilling activity despite the growth in oil prices. The data published on Friday showed that the number of oil rigs fell to 189 (-10 per week). The situation now indicates the end of.

The Central Bank of Russia on Friday cut interest rates by 100 basis points to 4.5%, their lowest level since the fall of the Soviet Union, as it looks to shore up an economy reeling from the impact of the.