Pressure appears to be building as the stock market bull run falters. Major indices have given up gains and moved away from lofty highs. The DOW, S&P 500 and Nasdaq all closed down – each losing around 1% on Wednesday, 18th August 2021. The FTSE 100 and DAX, Nikkei andRead More →
Asia stocks lower Shares were mostly lower in Asia on Friday after U.S. stocks struggled amid uncertainty over rising Covid-19 cases and new risks appearing. Nikkei index closed down at: 28000 a drop of around 276 points On Thursday, U.S. stock indexes closed mostly down from recent highs. Asia stocksRead More →
Disconnected from reality? Are elevated prices in U.S. markets showing a disconnect from reality? Is the free flowing Federal Reserve liquidity too easily available? Are central banks too eager to please? Are central bank fearful of failure? Do they really need to step in every time economies face a problem?Read More →
Stock markets fall Asian stocks drop as mounting concerns of the coronavirus take hold and investors fret over the potential harm to global economies. Markets around the world fell sharply on Monday. Japan’s Nikkei index fell by 2%. The FTSE 100 was down by 1.75%. European indices also suffer bigRead More →
Asian stocks have fallen as investors grow concerned that the spread of a new virus in China will impact economic growth. Beginning Thursday all public transportation was suspended in the Chinese city of Wuhan, where the outbreak is believed to have started. Asian stocks drop The Shanghai composite fell 2.75%Read More →
The new trading year started with a bang for U.S. stocks with the Dow climbing to a new record high on 2nd January 2020 to close at: 28869 The S&P 500 and Nasdaq also closed at new record highs! S&P 500 closed at: 3258 Nasdaq closed at: 9092 U.S AirRead More →
The S&P 500 hits new high on Tuesday 29th October 2019 In intraday trading it touched 3047.9 The S&P 500 closed at around: 3037Read More →
Stock market events scheduled for today likely to move markets China and Germany stock markets closed today. Japan – foreign investment data Australia – balance of trade data Germany – PMI data due UK – PMI service data due EU – retail sales data due U.S. – employment data dueRead More →
Australia cuts key interest rate The Reserve Bank of Australia cut its key Bank Rate by 0.25% to a new record low of 0.75%. The economy grew at its slowest pace in Q2 2019 for a decade. Other market moving news roundup China celebrates 70 years of Communist rule withRead More →
German industrial production falls. Market moving daily news roundup – events & news likely to move markets 6th September 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, for good or bad. Summary Economic calendar – scheduled news and events 6th September 2019Read More →