Market Overview - Page 365

A quarter of Americans have little or no interest in taking a coronavirus vaccine, a Reuters/Ipsos poll published on Thursday found, with some voicing concern that the record pace at which vaccine candidates are being developed could compromise safety. While.

Millions more Americans applied for unemployment benefits last week, indicating major job losses are continuing two months after the coronavirus pandemic started shuttering businesses. Initial jobless claims for regular state programs totaled 2.44 million in the week ended May 16,.

The gold price is booming. As bugs dream of record highs and the collapse of the U.S. dollar, there could be a speculative abandon forming. Is it the same kind of dangerous bubble that fans of the haven metal see.

Last week, 2.438 million Americans applied for unemployment benefits for the first time, which is in line with expectations and is at least nine weeks in advance. However, the number of repeated requests showed a sharp jump of 2.525 million.

The Dow Jones continues its volatile week with a heavy slide in premarket futures trading. Investors remain nervous as the global coronavirus pandemic shows no signs of slowing down. The outbreak hit two devastating new milestones overnight: 5 million total.

Turkey’s central bank cut interest rates by 50 basis points on Thursday, in a move economists say was likely encouraged by confidence in the lira, which has strengthened modestly since hitting record lows earlier this month. The central bank’s decision.

The Senate passed legislation on Wednesday that could ban many Chinese companies from listing shares on U.S. exchanges or raising money from American investors without adhering to Washington’s regulatory and audit standards. The bill, sponsored by Louisiana Republican Sen. John.

World markets are facing difficulties near 2-month highs. The American S&P 500 was again under increased pressure after reaching 2980 not so far from round level 3000, that was strong resistance back in 2019. The same with gold, whose rally.

Investors should think carefully about whether buying U.S. equities is the right thing to do in the current environment, a strategist has warned. Speaking to CNBC’s “Squawk Box Europe” on Wednesday, Peter Toogood, CIO of financial services business The Embark.

The U.K. borrowed at a negative interest rate for the first time on Wednesday, amid growing fears of a deep global recession and expectations of further bond-buying action from central banks. In an auction Wednesday, the country’s Debt Management Office.

The British pound is trying to swim upstream this week. It is growing, despite the sharp slowing of inflation and the first negative-rate government bonds auctions and despite the increased demand for protective assets on Tuesday. Right now, the technical.

Chinese doctors are seeing the coronavirus manifest differently among patients in its new cluster of cases in the northeast region compared to the original outbreak in Wuhan, suggesting that the pathogen may be changing in unknown ways and complicating efforts.