Alex Feldman

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11.08.2020 11:41:20 Alex Feldman

European stocks hit near three-week high as auto, travel shares surge

European shares reached a three-week high on Tuesday after automakers saw a surge in car sales in China, lifting hopes of an economic recovery from the COVID-19 …

11.08.2020 11:05:45 Alex Feldman

Dollar maintains one-week high following weeks of losses

The dollar maintained its gains on Tuesday after climbing to a one-week peak on the euro. The greenback’s steady gain is in light of the U.S.-China tensions …

11.08.2020 11:03:52 Alex Feldman

Oil gains on U.S. coronavirus relief hopes, demand recovery

Crude oil rose on Tuesday as prices were supported by hopes for a U.S. coronavirus stimulus and a boost in Asian demand amid reopening economies. Brent crude …

11.08.2020 11:01:10 Alex Feldman

U.S.CEOs form a group to hire 100,000 New York workers

On Monday, leaders of major companies in the United States, including banks and technology giants, decided to form a group to increase job hiring from minority communities …

4.08.2020 12:32:27 Alex Feldman

Thailand may see exports shrink by 15% in 2020

Thailand’s exports may shrink by 15% for 2020 as the COVID-19 situation continues to worsen and affect global demand, a Thai shipping association said on Tuesday, adding …

4.08.2020 12:30:11 Alex Feldman

Turkish inflation dips below 12% for July year-on-year

Turkey’s consumer price inflation fell lower than expected to 11.46% in July compared to the same month last year, reversing a two-month rise in inflation according to …

4.08.2020 11:02:38 Alex Feldman

Dollar slides after U.S. political bout, bleak outlook cuts rally

A dollar boost stumbled on Tuesday as political debate over a U.S. coronavirus relief package and a bleak economic outlook weighed on the greenback.  After suffering its …

4.08.2020 11:00:30 Alex Feldman

Oil falls as rising coronavirus cases prompt stricter lockdowns, hurt fuel demand

Oil prices fell on Tuesday amid fears that a fresh recovery in fuel demand could stall due to rising coronavirus cases. This came as major oil producers …

4.08.2020 08:25:08 Alex Feldman

Bayer reports 9.5 billion Euros second-quarter net loss due to U.S. litigation settlement

On Tuesday, German chemicals giant Bayer (BAYGn.DE) reported its second-quarter net loss worth 9.5 billion Euros ($11.2 billion) due to a $10.9 billion settlement of U.S. lawsuits …

4.08.2020 07:15:59 Alex Feldman

Global factory drag eases on euro zone’s rebound

July had seen euro zone’s manufacturing activity expanding mildly, its first growth since early 2019. Meanwhile, Asia was relieved as export-dependent economies eased from declining, hinting that …

4.08.2020 07:05:08 Alex Feldman

Asian shares advance on strong factory data

Asian shares recorded a well-ended session on Tuesday as upbeat manufacturing data and earnings in technology-related stocks outweighed worries brought by the coronavirus pandemic and global economy. …

31.07.2020 10:54:01 Alex Feldman

Bank of England to keep policy on hold due to gloomy economic forecast

The Bank of England will announce next week how quickly it expects the economy to recover from the coronavirus pandemic, but it is unlikely to add to …

31.07.2020 10:50:44 Alex Feldman

‘Rapid’ rise of yen a cause for worry, says Japan finance minister

Japan’s Finance Minister Taro Aso expressed worries about the yen’s continual rise, calling it “rapid” and hinting at the strong currency’s impact on exports as Japan struggles …

31.07.2020 10:01:49 Alex Feldman

Japan’s factory output recovers, unemployment rate drops on lockdown easing

June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after …

31.07.2020 09:43:03 Alex Feldman

Asian stocks dwindle as global growth fears overshadow strong tech earnings

Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed …

31.07.2020 09:10:00 Alex Feldman

Oil prices rebounds from record lows amid looming headwinds from the pandemic

Oil traded higher on Friday, further reclaiming lost ground from three-week lows in the previous session as the COVID-19 situation continued to dent the global economy as …

16.07.2020 09:51:50 Alex Feldman

European stocks open lower ahead of ECB meeting

European stocks sold lower earlier on Thursday as concerns mounted over the pace of a global economic recovery ahead of latest meeting from the European Central Bank …

16.07.2020 09:48:41 Alex Feldman

Oil falls after OPEC+ eases production cuts

Oil prices fell on Thursday after OPEC+ agreed to lessen output cuts from August, though the decline was dampened by a recovery in demand as U.S. crude …

16.07.2020 09:06:38 Alex Feldman

China’s economy goes back to growth column after sharp decline, U.S. affairs, weak consumption pose difficulties

After a steep decline at the start of the year, China’s economy showed vast recovery in the second quarter despite still getting plagued with major economic debacles …

16.07.2020 07:32:31 Alex Feldman

Falling shares result from U.S. – China tensions; China GDP growth eclipsed

On Thursday, the international market had seen a plummet in the value of Asian shares and U.S. stock futures. It is seen to be caused by worries …

15.07.2020 07:23:19 Alex Feldman

Federal Reserve warns a ‘thick fog of uncertainty’ as the coronavirus pandemic surrounds battered economy

On Tuesday, United States Federal Reserve officials warned a “thick fog of uncertainty” on the U.S. economy as it slowly recovers amid the surge in coronavirus cases. …

15.07.2020 07:10:09 Alex Feldman

Gold falls slightly, losses limited amid COVID – 19 surge and simmering U.S. – China relations

Gold prices were down slightly on Wednesday in Asia, losing gains made in a previous session. However, the safe haven asset’s losses remained limited as COVID-19 worries …

15.07.2020 06:01:36 Alex Feldman

Asian shares, risk assets advance on vaccine optimism

Asian share markets advanced on Wednesday as growing hopes about a coronavirus vaccine supported risk appetite. Meanwhile, the euro reached its four-month peak backed by the prospect …

14.07.2020 11:26:31 Alex Feldman

Dollar climbs on U.S. – China diplomatic tensions, coronavirus fears

The dollar climbed against its peers on Tuesday as worries about the U.S.-China diplomatic tensions and rising coronavirus cases affected risk appetite. The dollar traded at 107.26 …

14.07.2020 06:53:07 Alex Feldman

Asian shares decline on virus, Sino – U.S. concerns

Asian stock markets plummeted on Tuesday, while oil dropped and a safety bid boosted the dollar’s performance. This followed after emerging Sino-U.S. tensions and new novel coronavirus …

13.07.2020 11:27:15 Alex Feldman

Market review, July 13, 2020

Technical analysis of Bitcoin (BTC): Over the past weekend, the price of bitcoin rose to the resistance level of $9,350. Now, it is $9,290. In the future, …

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