Edit

The Euro and Sterling Remain within Tuesday's Ranges

October 22, 2021
Overview: A new record high in the S&P 500 yesterday and news that Evergrande had made an interest rate payment failed to lift most Asia Pacific bourses, though Japan and Hong Kong, among the large markets, posted modest gains.  The Dow Jones Stoxx 600 is pushing higher in the European morning to put its finishing touches on its third consecut…
The Euro and Sterling Remain within Tuesday's Ranges The Euro and Sterling Remain within Tuesday's Ranges Reviewed by Marc Chandler on October 22, 2021 Rating: 5
Edit

Markets Turn Cautious

October 21, 2021
Overview: After a couple of sessions of taking on more risk, investors are taking a break today.  Equities are mostly lowertoday after the S&P 500's six-day advance took it almost to its record high, while the NASDAQ's streak was halted at five sessions.  The Nikkei's nearly 1.8% slide paced the Asia-Pacific session, where most bou…
Markets Turn Cautious Markets Turn Cautious Reviewed by Marc Chandler on October 21, 2021 Rating: 5
Edit

Consolidative Session as Markets Await Fresh Incentives

October 20, 2021
Overview: The markets lack a clear direction today and await fresh incentives.  After gaining almost 1% yesterday, the MSCI Asia Pacific Index slipped.  Japan, Hong Kong, and Australia are among the few equity markets that rose.  The Dow Jones Stoxx 600 is posting minor gains, while US futures are largely steady.   The S&P 500 and NASDAQ have …
Consolidative Session as Markets Await Fresh Incentives Consolidative Session as Markets Await Fresh Incentives Reviewed by Marc Chandler on October 20, 2021 Rating: 5
Edit

Dollar Slumps

October 19, 2021
Overview:  While equities and bonds are firmer, it is the dollar's sell-off that stands out today.  The greenback has retreated broadly.    The euro is trading above the previous week's high for the first time in over a month, and the dollar was pushed back below JPY114.00 in early European turnover. The Chinese yuan is at four-month highs…
Dollar Slumps Dollar Slumps Reviewed by Marc Chandler on October 19, 2021 Rating: 5
Edit
The Jump in Rates Does Little for Sterling, the Canadian Dollar, and the New Zealand Dollar The Jump in Rates Does Little for Sterling, the Canadian Dollar, and the New Zealand Dollar Reviewed by Marc Chandler on October 18, 2021 Rating: 5
Powered by Blogger.