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Market Overview - Page 356


Hundreds arrested in Hong Kong protests, as analysts weigh in on national security law’s impact
Hundreds arrested in Hong Kong protests, as analysts weigh in on national security law’s impact.

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.

FxPro monthly market overview
FxPro monthly market overview.

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 just had their best quarter in 30 years — what’s next?
Oil prices just had their best quarter in 30 years — what’s next?.

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 tops Toyota to become largest automaker by market value
Tesla tops Toyota to become largest automaker by market value.

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.

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.

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