Market Overview - Page 339

The Japanese yen strengthened slightly on Thursday as growing concerns about a rise in new coronavirus cases underpinned safe-haven demand for the currency, while the U.S. dollar was little changed versus the euro. Some 400 workers have tested positive for.

A second wave of layoffs amid weak demand and fractured supply chains is likely keeping new U.S. applications for unemployment benefits elevated, supporting views that the economy faces a long and difficult recovery from the COVID-19 recession. The Labor Department’s.

Despite some increase in Chinese indices on Thursday, there are still more signs of a cautious approach in global markets. First of all, this can be seen in the dynamics of key currency pairs. The American dollar has been rising.

The Bank of England is expected to expand its quantitative easing program on Thursday, but economists do not expect negative interest rates to be implemented this time around. The Bank’s latest monetary policy decision comes as the U.K. economy attempts.

Stock futures fell in overnight trading on Wednesday as investors continued to monitor an uptick in new coronavirus cases amid the reopening economy. Futures on the Dow Jones Industrial Average fell 159 points, implying a Thursday opening drop of about.

Donald Trump has argued frequently of late that China is rooting for Joe Biden come November’s U.S. presidential election. In Beijing, however, officials have come around to support four more years of Trump. Interviews with nine current and former Chinese.

Sweden attracted international attention for not implementing a strict lockdown when the coronavirus first emerged earlier this year, now the country’s chief epidemiologist says that if there’s a “second wave” of infections, he will focus more efforts on containing the.

US construction activity recovered in May, although it turned out to be weaker than expected. The number of building permits issued last month grew by 14.4% mom (expected +16.8%) to an annualized level of 1.22M. This level is approximately 14%.

It’s costing more to use Ethereum and that may be because more users are flocking to the platform than ever before, according to one key on-chain metric. Analysts say the growth of both transactions and the cost to process them.

Stocks pushed higher in Europe along with U.S. equity futures as investors looked past a worrying increase in coronavirus cases to government and monetary stimulus. The dollar slipped. In the wake of Tuesday’s global rally, gains in real-estate and banking.

U.K. inflation slowed to just a quarter of the Bank of England’s target in May, boosting the case for policy makers to add to their stimulus plan at their meeting this week. Consumer prices increased just 0.5% from a year.

American Nasdaq crossed 10000 again yesterday, while Dow Jones and S&P 500 added 2.0% and 1.9% on Tuesday respectively. However, it is worth taking a closer look at this growth to realize that it is worth being careful. The intraday.