Global Markets Slump Following S&P500's Decline; Crude Oil And Gold Loose 2% - Global Markets Today While US Slept

The U.S. Stock markets closed lower on Wednesday, July 24th. The S&P 500 and Nasdaq hit multi-week lows as disappointing Alphabet and Tesla earnings shook investor confidence in megacap stocks. This led to the S-P 500's largest daily drop since December 2022 and the Nasdaq's since October 2022.

European markets choppy amidst earnings flurry and Wall Street selloff

European markets choppy amidst earnings flurry and Wall Street selloff. The pan-European Stoxx 600 moved 1.38% lower. Technology stocks tumbled. Nestle, Renault, Kering and Roche among companies set to report earnings. U.S. 10-year Treasury yield down 6 basis points to 4.23%.

Asia And Europe Markets Decline, Crude Oil At Six-Week Low - Global Markets Today While US Slept

U.S. Stock markets closed in the red on Tuesday, July 23rd. The energy index was the worst performer as crude prices hit a six-week low. Japan's Nikkei 225 closed lower by 1.27% in Asian markets. On Wednesday, investors focused on earnings from Alphabet and Tesla after both reported positive Q2 revenue.

UK's flash composite PMI reading at 52.7 in July

UK's flash composite PMI reading at 52.7 in July, up from 52.3 in June. Flash manufacturing PMI at 51.8, a 24-month high. The S&P Global Flash UK PMI Composite Output Index rose from 50.9 in June to 52.6 in July.

European markets slide after corporate earnings and PMI numbers disappoint

European markets slide after corporate earnings and PMI numbers disappoint. The pan-European Stoxx 600 (STOXX) moved 0.75% lower. Underwhelming earnings from luxury giant LVMH hit its lowest level since January. Germany's flash composite PMI drops to 48.7 in July.

Asia Markets Mixed, Europe Advances; Dollar And Gold Gain - Global Markets Today While US Slept

U.S. Stock markets closed in green on Monday, July 22nd. S&P 500 and Nasdaq Composite rebounded from their worst weekly performance since April. The Dow Jones Industrial Average ended a two-session decline. Japan's Nikkei 225 closed higher as investors returned to growth stocks.

European markets mixed with a flurry of corporate earnings

European markets mixed with a flurry of corporate earnings reports. The pan-European Stoxx 600 moved 0.14% lower. The consumer confidence index in Turkey fell to 75.9 in July. The U.S. 10-year Treasury yield was down 2 basis points to 4.24%.

Weekly Report: what happened at FXB last week (0715-0719)?

Asia Down, Europe Markets Advance; Dollar Retreats While Gold Holds Above $2,400 - Global Markets Today While US Slept

U.S. Stock markets closed lower on Friday, July 19th. The Dow Jones Industrial Average was down 0.93% and closed at 40,287.53. Energy shares experienced the largest decline, while healthcare and utilities were the only sectors to post gains. The global tech outage was caused by a glitch in Crowdstrike's software.

European indices firmer as markets analyze U.S. political landscape

European indices firmer as markets analyze U.S. Political landscape. Retail sales in Poland rose by 4.4% Y/Y in June. The pan-European Stoxx 600 moved 0.54% higher. European markets seem firmer with U.s. Futures holding up.

Week Ahead: U.S. Dollar To Extend Recovery While Stocks Correct Lower

The consolidative phase for the dollar, after its recent drop, is evolving into a proper upside correction. Japan's economy appears to have recovered in Q2. The flash July PMI, the Bank of Canada meeting, and the Q2 US GDP estimate are highlights in the weekend ahead.

Dollar Consolidation Is Morphing Into Correction

Dollar Strengthens Amid Global Market Decline; Asia And Europe Markets Down, Gold Drops

U.S. Stock markets closed lower on Thursday, July 18. All major indexes dropped, with the Dow breaking its streak of record highs. Initial jobless claims rose by 10,000 to 243,000 for the week ending July 13. On Friday, Japan's Nikkei 225 closed lower and Chinese stocks declined.

European markets set for weekly drop as tech selloff continues

European markets set for weekly drop as tech selloff continues. Retail sales in the UK declined 1.2% month-over-month in June. The pan-European Stoxx 600 fell -0.6% on Friday. Travel and leisure shares led the losses, while miners fell.

Price Action On USD/JPY, GBP/JPY

USD/JPY broke a long-term descending trendline but found support near the 100-day MA and 155.00 level. Japanese authorities have not confirmed whether they have intervened in the market to support the Yen. The Japanese Yen is enjoying a stellar week thanks to optimism around wage growth and rising rate cut optimism.

Asset Allocation Committee Outlook Q3 2024: Policy And Politics

Asset Allocation Committee Outlook Q3 2024: Policy And Politics. Neuberger Berman says political and market volatility is likely to rise in the second half of the year. We are concerned that the U.S. Federal Reserve may wait too long to make its first rate cut.

Brexit bulletin: U.K. aims to reset the EU trade relationship

U.K. Prime Minister Keir Starmer aims to reset the EU trade relationship with the European Union. Nearly 50 European leaders will meet in Oxfordshire, England, for a one-day session of the European Political Community. Trade is in focus as the parties try to build closer cooperation on shared issues.

Euro Trades Quietly Ahead Of ECB Meeting

Euro Trades Quietly Ahead Of ECB Meeting. The US dollar enjoys a firmer bias today, in mostly quiet turnover in narrow ranges. There is little chance of a change in the ECB's key interest rates today. The big event today is the ECB meeting. US S&P 500 and Nasdaq futures are modestly higher.

Global Markets Today While US Slept - Asia Mixed, Europe Markets Advance, While Dollar Gains And Gold Near Record High

U.S. Stock markets closed mixed on Wednesday; Japan's Nikkei 225 closed lower. S&P 500 and Nasdaq fell sharply as microchip stocks plunged 6.8% due to potential trade restrictions on China. Japan's exports in June rose 5.4% year-on-year, missing the expected 6.4%. Asian markets closed lower on Thursday.

Europe markets steady as investors brace for ECB policy decision

Europe markets steady as investors brace for ECB policy decision. The pan-European Stoxx 600 held steady at +0.04% on Thursday. European Central Bank is expected to stand pat on rates. Oil and gas sector tracked higher crude prices. U.S. Initial jobless claims expected later in the day.