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Market Overview - Page 356


The Fed supports the market
The Fed supports the market

Last week the American market closed with a decline and failed to fully offset the drop of the beginning of the week. Futures on S&P500 added 0.9% at the beginning of the week. This happens against the background of data.

Evercore Leans Positive, With Five Reasons Stocks Haven’t Tanked
Evercore Leans Positive, With Five Reasons Stocks Haven’t Tanked

The apparent dichotomy between bad news on the economy and resilience in the stock market isn’t such a mystery for the strategists at Evercore ISI, who remain unswayed by dark warnings from Wall Street heavyweights. The key counterpoint has been.

Oil and European shares rise as lockdowns ease; gold jumps
Oil and European shares rise as lockdowns ease; gold jumps

European stock markets rose on Monday and oil prices climbed to their highest in as much as two months as a loosening of coronavirus shutdowns boosted market sentiment, even though the deadly outbreak has yet to be fully contained. Warm.

What did eight weeks and $3 trillion buy the U.S. in the fight against coronavirus?
What did eight weeks and $3 trillion buy the U.S. in the fight against coronavirus?

Unemployment checks are flowing, $490 billion has been shipped to small businesses, and the U.S. Federal Reserve has put about $2.5 trillion and counting behind domestic and global markets. Fears of overwhelmed hospitals and millions of U.S. deaths from the.

Powell says GDP could shrink more than 30%, but he doesn’t see another Depression
Powell says GDP could shrink more than 30%, but he doesn’t see another Depression

The U.S. economy could shrink by upwards of 30% in the second quarter but will avoid a Depression-like economic plunge over the longer term, Federal Reserve Chairman Jerome Powell told “60 Minutes” in an interview aired Sunday. The central bank.

More anti-lockdown protests seen in Germany as coronavirus fatigue spreads in Europe
More anti-lockdown protests seen in Germany as coronavirus fatigue spreads in Europe

Anti-lockdown protests were seen across Germany at the weekend as fatigue over restrictions grows in the region’s largest economy, and beyond. A number of protests against the government’s coronavirus policy and restrictive measures took place in various Germany cities, including.

Dow futures jump 300 points, rebounding from last week’s losses
Dow futures jump 300 points, rebounding from last week’s losses

Futures contracts tied to the major U.S. stock indexes rose in early Monday morning trade as investors pored over comments from Fed Chairman Jerome Powell on the state of the economy, in light of last week’s market losses. Dow Jones.

Bitcoin is the best-performing major asset of 2020
Bitcoin is the best-performing major asset of 2020

As bitcoin’s price grinds toward $10,000, its performance over a much longer timescale reached a significant milestone this month. While most traders focus on bitcoin’s spot price, zooming out on a more extended timeframe reveals a bullish trend for the.

Slovenia becomes first European nation to declare an end to its coronavirus epidemic
Slovenia becomes first European nation to declare an end to its coronavirus epidemic

Slovenia has become the first European country to declare its domestic coronavirus outbreak officially over. The country’s government confirmed in a statement on Friday that its Covid-19 epidemic had ended, after Slovenia’s National Institute of Public Health concluded “all indicators.

Grim retail and manufacturing data from the US and China
Grim retail and manufacturing data from the US and China

This morning China released April data on retail sales and industrial production. That month, the work of factories was resumed, and movements were restored, so the dynamics of consumers and producers may become exemplary for other countries. And there is.

U.S. House aims to pass $3 trillion Democratic coronavirus bill rejected by Republicans
U.S. House aims to pass $3 trillion Democratic coronavirus bill rejected by Republicans

The U.S. House of Representatives is set on Friday to debate and vote on a $3 trillion Democratic bill aimed at salving the heavy human and economic toll of the coronavirus pandemic that has caused almost 85,000 U.S. deaths and.

Bitcoin Bears Say These 5 Metrics Will Stop BTC From Reclaiming $10K
Bitcoin Bears Say These 5 Metrics Will Stop BTC From Reclaiming $10K

Bitcoin (BTC) sellers are pinning their hopes on continuing to see sub-$10,000 prices in the aftermath of the halving based on five key futures market metrics. The five measures are open interest, funding, long and shorts delta, bearish divergences, and.

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