The dollar shoots up in the market due to a fall in the stock markets. Mexican peso remains under pressure and extends weekly losses. USD/MXN is facing resistance at the 20.20/25 zone. USD/MXN continued to climb and reached 20.26, the highest level since August 10. It then pulled back slightly and is trading around 20.18, […]
Tag: AversionRisk
S&P 500: Futures in the red, the dollar soars
European markets and Wall Street futures fall on Friday. Risk aversion and rise in bond yields boost the dollar. Gold at weekly lows in the $1,750 area. Stock markets around the world are falling on Friday, as a cautious climate favors the dollar. Despite this, sovereign bonds are also falling on expectations that central banks […]
S&P 500: Wall Street Crash Continues as Yields Soar
Wall Street futures fell more than 2% on average, adding more losses to those of last week. Despite risk aversion, Treasury bonds also plummeted. The dollar appreciates on all fronts. Volatility indices jump. The crash in the markets continues at the start of the week. The falls are widespread and fears multiply in the week […]
S&P 500: Stocks find no support after worst day in two years
Wall Street futures in the red after the worst day in years. Fears continue to dominate the scene and the demand for safe-haven assets is intensifying. The dollar loses strength due to the fall in Treasury bond yields. The futures of the main US stock indices do not anticipate a rebound, but instead operate in […]
Gold Price Forecast: XAU/USD pulls back towards $1840 on stronger dollar
The gold affected by negative climate in the markets. Recovery stalls below $1860, next support at $1830. Focus on the bags and more data from the US is coming. Gold is falling on Thursday, erasing some of Wednesday’s bounce. The XAU/USD hit as high as $1,858 in the Asian session, a two-day high, but then […]
Market fears deepen, futures in the red
S&P futures fell 0.80%, extending Friday’s decline. The dollar and the yen rise throughout the market. Fears about economic activity in China and the impact of the Fed affect investor sentiment. Wall Street futures are falling an average of 0.70%, less than what stocks in Europe are losing. Fears prevail among investors at the beginning […]
The Kremlin refuses to comment on the accusations about Bucha and how they will affect the peace talks
the kremlinin a statement on Monday, has declined to comment on the allegations about Bucha and how they will affect conversations. The Russian government office has said that condemns comments by the leader of Poland’s ruling party saying that Warsaw would be open to having US nuclear weapons on its soil. “Such action would only […]
Entire Shanghai under lockdown, city reports record cases
Despite China’s zero covid policy dynamic, the country is having a hard time containing recent coronavirus outbreaks. The financial center of the city of Shanghai is completely closed after authorities imposed a two-stage lockdown last Monday.. Shanghai reported 8,581 asymptomatic COVID-19 cases and 425 symptomatic cases on April 3. The day before, it had reported […]
We do not notice anything that looks like progress in the talks with Ukraine
“The fact that Ukraine has started to put its demands on paper, to be more specific, is a positive thing“, a Kremlin spokesman said on Wednesday, as reported by Reuters. The spokesman, however, added that they have not noticed anything that looks like progress in the negotiations. Additional comments “There is a lot of work […]
Asia under attack once again, Shanghai lockdown
Concerns around the coronavirus in Asia are increasing as China faces worst COVID outbreak since Wuhan. China reported 1,275 new coronavirus cases on March 27 compared to 1,254 the day before. The influx of imported cases from Hong Kong has hit the mainland, with Shanghai announcing to close half of the city in four-day shifts […]