There are some doubts about Apple sustainability amid coronavirus. Who will buy and who will produce new IPhones?
Asian equities tack on
On Monday, Asian equities leapt, taking their cue from Wall Street. Meanwhile the US currency moderated, though retained most of its profits after stronger-than-expected July job data.
European markets are braced for extending the global surge, with financial spreadbetter CMC Markets supposing Britain's FTSE to start 0.3% higher, while Germany's DAX and France's CAC 40 are expected to start the trading day 0.2% higher.
MSCI's broadest index of Asia-Pacific equities outside Japan headed north 0.6%.
It helped to raise the MSCI World index 0.2% to an all-time maximum.
Besides this Nikkei gained 0.6% in Japan.
However, Chinese blue chips reported only moderate revenues, with market participants reluctant to stake out new positions ahead of a storm of July data.
On Monday, the evergreen buck lost, reacting to a firm ascend on Friday after data disclosed that the previous month American nonfarm payrolls edged up by 209,000 jobs, and June's employment profit was revised upwards.
The so-called “stock market bloodbath” has continued on Friday with major indices falling down to the lows of the last October. What's going on?
Besides coronavirus, other news has been driving the stocks of Apple, Wallmart and General Motors to the lower levels.
US Fed comes right on time with the crisis support program announcement. How does the stock market react?
We could gain from buying emerging-market currencies such as South African rand, Mexican peso and Brazilian real.
Here are the most important topics that will determine the dynamics of currencies, commodities and stocks on Thursday, April 9. N