Daily Wrap Up 06 October 2022
Once again, the rise in government bond yields is acting as the catalyst for the sell off in stocks.
Oil prices stabilize as improved control over Corona and hopes of a production cut deal
17 Feb 2020 05:58 PM |Today's trading was somewhat quiet, as we are at the beginning of the week in addition to the American markets holiday today, which has had a clear impact on the movements of oil prices during the day.
European stock rise and official holiday in US markets
17 Feb 2020 05:04 PM |The Chinese stock market closed at the end of its trading during Monday, with gains of 2%, after government stimulus actions.
The Week Ahead: A Turning point on Coronavirus, UK Post-Election PMI and FOMC Minutes Focus
16 Feb 2020 11:42 AM |- Next week is typically among the quieter of the month which means news around the coronavirus will continue to dominate.
- Minutes from the Federal Reserve, ECB, RBA and RBI will be in focus. On the economic data front, flash PMI surveys for the US, UK, Eurozone, Japan and Australia could provide an insight into the early impact of the coronavirus outbreak on the global economy.
- The initial panic regarding coronavirus spread was that it could be as bad as SARS and yet, it’s been worse, and it turns out investors aren’t that worried after all. The stock market can be a very strange place at times.
Oil prices rise on hopes of a new agreement to cut production
14 Feb 2020 04:26 PM |Oil prices continued to rise from their lowest levels in nearly more than a year, as markets hope that the world's major oil producers will agree to a further output reduction, while
Germany economic suffer from slow down at the start of 2020 ... what next?
14 Feb 2020 04:06 PM |The German economy began in 2020 with stability in economic growth and a state of weakness that dominated the manufacturing sector
The Week Ahead: Powell testifies to Congress, Coronavirus uncertainty, RBNZ to signal patience and Germany’s recession fears
9 Feb 2020 04:22 PM |Main Points
- Fed Chair Powell’s testimony to Congress will focus heavily on the coronavirus, the “new risk” to the economic outlook. Congress will want further clarity on what the Fed is prepared to do
US dollar rises with positive expectations for jobs data released today
7 Feb 2020 12:56 PM |US jobs data are the top of the most important economic data expected during today's trading,
Fears of coronavirus affect the performance of safe havens
31 Jan 2020 01:08 PM |Despite the positive economic data in China released Friday morning, which came somewhat positively
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