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.
Tag - jpy - japanese yen
World shares rose on Wednesday as volatility caused by a retail trading frenzy on Wall Street subsided on expectations of tougher regulation
New Zealand published encouraging labor data. Stock indices surged on better-than-expected earnings of Google and Amazon.
The USD is rising for the third day in a row, stocks jumped as well after Alphabet( Google) and Amazon published better-than-expected revenues.
Asian equity markets advanced after the firm handover from Wall St with the resurgence led by the tech sector.
WTI oil is spearheading the camp of bulls today as it crosses $54; other assets are mostly volatile while the US dollar is pretty strong.
A positive tone was observed in the Asia-Pac region and US equity futures recovered from the early stumble seen at the reopening.
European stock markets are seen opening sharply lower Friday, with investors cutting positions given the uncertainty surrounding the populist trading movement
Asia indices decline on spillover selling from US where stocks had their worst day since October amid overvaluation concerns, earnings pressure, hedge fund liquidations and with the Fed providing a downbeat tone on the economy.
Asian equities traded mixed and attempted to shrug off the weak handover from the US where there was a slight negative bias.
The Federal Reserve will release its statement at 21:00 MT time (GMT+2). Jerome Powell's press conference will follow at 21:30 MT time. How will this event influence the USD, Forex majors, and gold?
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