World shares rose to new all-time highs overnight and European indexes strengthened, with market sentiment generally upbeat on the prospect of fiscal stimulus and vaccine rollouts and ahead of a speech by U.S. Federal Reserve Chair Jerome Powell.
Daily Market Analysis
The US dollar has seen some heavy fluctuation recently. Although it gained some strength here and there, mostly, it has been going weak against its main peers in the Forex market. Let's check it out.
Will PepsiCo's earnings report push the stock price? See it on Thursday!
Jump in to get the technical analysis of EUR/GBP, GBP/USD, and gold!
Western Union reports its earnings on Wednesday, at 23:30 MT time - will it beat the expected EPS of $0.42?
Coca-Cola releases its earnings report on Wednesday, 15:30 MT time. Will it outperform and push the stock price?
Asian equities were mostly positive after the stimulus-driven momentum on Wall St. which lifted all major US indices to fresh unprecedented levels.
Read the report to get the analysis of EUR/USD, EUR/JPY, CAD/JPY, and gold!
Global equity markets have scaled record highs in recent days on hopes for a faster economic revival led by successful vaccine rollouts and expectations of a large US pandemic relief package.
World stock markets were fighting for a fourth day of gains on Thursday as a near one-year high in oil prices, a revitalized dollar and rising bond yields refocused attention on inflation and normalizing economies.
Asian equity markets were mostly lower following a flat lead from the US where focus centered on earnings and stimulus plans.
World shares rose on Wednesday as volatility caused by a retail trading frenzy on Wall Street subsided on expectations of tougher regulation