The main event this week will be the May nonfarm payrolls event. Due to the Memorial Day holiday, the week has shortened. However, there are several important factors to consider in the market, so let’s look at the economic calendar. May jobs report on Friday May jobs report is forecast to be published on Friday.Ā …
On Monday, the Memorial Day holiday is celebrated in the US, which will keep the stock market closed. In the month as a whole, the Dow Jones Industrials advanced by 1.9%. The selectiveĀ S&P 500Ā gained 0.6%. Both stock markets achieved their fourth consecutive month of gains. Meanwhile, the Nasdaq index has lost 1.5% of its value. …
The Federal Reserve has insisted that the current pace of inflation is unlikely to be sustained after the initial burst of activity associated with the reopening of the economy. Despite considering that the price increase will be “transitory,” several central bank participants begin to discuss a plan to adjust the rate of purchase of assets …
Global Stocks trade mixed with inflation in focus Read More »
The Seoul Stock Exchange closed today with a 0.48% rise in Kospi, its main indicator. The session advanced with the idea that the increase in prices registered in the US could only be temporary and would allow Fed policy to remain intact. The selective South Korean Kospi gained 15.19 points on Monday to stand at …
Seoul gains on the idea that inflation may be temporary Read More »
The Southeast Asian stock markets ended their sessions this Friday with rises. It resulted from optimism due to the signs of economic recovery in the United States. Besides, there is still caution in the face of the new wave of the COVID-19 in Asia. Among the Asian stock exchanges that ended the day with gains, …
Southeast Asian stock markets closed higher, except Bangkok Read More »
Wall Street closed in green this Wednesday. Its main indicator, the Dow Jones of Industrials, rose by a slight 0.03% as fears of the increase in inflation in the United States eased. At the close of the New York Stock Exchange session, the Dow Jones added 10.59 points to 34,323.05. At the same time, the …
Wall Street ended in green and the Dow Jones rose by 0.03% Read More »
European stocks ended the trading week higher on Monday, as investors continued to be concerned about inflation and geopolitics. Markets in Germany, Switzerland, Denmark, Norway, Belgium, and Austria were closed for the Whit Monday public holiday, making for a quieter trading day in Europe. The FTSE 100 in the United Kingdom and the CAC 40 …
The Seoul Stock Exchange closed the trading day with a fall of 0.38% in its main indicator, the Kospi, on Tuesday given the renewed fears generated by post-pandemic inflation. The South Korean selective Kospi dived by 12.12 points to 3,144.3 units. At the same time, the Kosdaq technology stock index slipped by 1.79%, or 17.26 …
Seoul Stock Market loses 0.38% on inflation fears Read More »
The Southeast Asian stock exchanges ended Monday with rises in Singapore, Kuala Lumpur, and Ho Chi Minh. Meanwhile, stocks of Jakarta, Bangkok, and Manila dropped. In Singapore, the city-state stock market advanced by 5.72 points, 0.18 percent, and the Straits Times composite indicator stood at 3,123.61. In Malaysia, the Kuala Lumpur Stock Exchange increased by …
Mixed results at the close of the Southeast Asian market Read More »
Most of the Southeast Asian stock markets closed this Friday in the red. It happened amid the increase in Covid-19 cases in several countries in the region, such as Thailand, Malaysia, and Vietnam. At the same time, Burma is under crisis due to the military coup. Faced with widespread losses, Singapore ended the day with …
Wall Street closed this Wednesday in red. The Dow Jones, its main indicator, slipped by 0.48% after a volatile day that rose after the Fed’s minutes of April. At the close of the New York Stock Exchange session, the Dow Jones cut 164.62 points to 33,896.04. The selective S&P 500 dropped by 0.29% or 12.15 …
Wall Street closes in the red after a volatile sessionĀ Read More »
Most Southeast Asian stock exchanges ended their sessions in the red on Wednesday amid the cooling of expectations of economic recovery in the United States. Most of the shares suffered losses, except for Manila and Ho Chi Minh, which made gains. In Singapore, the city-state stock market declined by 38.42 points, 1.22%. The Straits Times …
The majority of Southeast Asian stock markets closed in red Read More »
Southeast Asian stock markets closed this Tuesday with generalized gains. It happened even though several countries in the area face the worst outbreaks of coronavirus and have expanded restrictions to contain the pandemic. The most significant rise took place one more day in the Singapore stock market, while Manila led the losses. In Singapore, the …
Technology saved Hang Seng, the main reference index of the Hong Kong Stock Exchange today. It closed with gains of 0.59% despite the poor performance of the services sector. Selective Hong Kong finished at 28,194.09 points. Meanwhile, the Hang Seng China Enterprises grew by 0.95%. Two of the four sub-indices are closed in the red. …
Hang Seng rebounds by 0.59% saved by the technology sector Read More »
Wall Street closed this Thursday with gains. Its main indicator, the Dow Jones of Industrials, rose by 1.29%. Part of what was lost on the previous day due to the fear of inflation was recovered. At the close of the New York Stock Exchange session, the Dow Jones rose 433.79 points to 34,021.45. The selective …
Wall Street closed in green, and the Dow Jones gained 1.29% Read More »
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