Dawid Siłowacki

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14.08.2020 09:30:52 Dawid Siłowacki

Unemployment claims fall to 963,000 from last week

The number of unemployment claims in the U.S. fell to 963,000 last week, making it the lowest in a week since March as virus-led lockdowns continue to …

14.08.2020 09:28:28 Dawid Siłowacki

Gold prices down as economic and Dollar recovery signs emerge

Earlier on Friday, gold prices traded lower earlier in Asia amid emerging signs that the U.S. economy was on track for a recovery. A rebounding U.S. Dollar …

14.08.2020 07:58:42 Dawid Siłowacki

Dollar gains ground on coronavirus, bleak China data

The dollar steadied on Friday as a rise in U.S. bond yields and a weaker risk sentiment due to gloomy Chinese economic data halted a selldown of …

14.08.2020 07:57:18 Dawid Siłowacki

Oil gains amid confidence on fuel demand recovery

Oil prices rose on Friday, nearing their second week of gains amid growing confidence in fuel demand recovery. Brent crude gained 0.3%, or 14 cents, at $45.10 …

14.08.2020 07:35:35 Dawid Siłowacki

Google to cut data requests from the Hong Kong administration

On Friday, Alphabet Inc.’s (GOOGL.O) Google announced that it would stop accommodating Hong Kong’s data request for its new national security law imposed by the Chinese government. …

14.08.2020 07:12:42 Dawid Siłowacki

Chinese retail sales drop in July, factory output seen stable

July had seen China’s retail sales declining from a year ago. Meanwhile, the country’s industrial output placed below expectations amid signs of fragile recovery in the world’s …

14.08.2020 07:03:40 Dawid Siłowacki

Asian shares decline on weak Chinese data

Asian shares were seen struggling on Friday. This followed after weak Chinese economic data and worries about a delay in U.S. fiscal stimulus dampened investors’ risk appetite. …

13.08.2020 10:13:10 Dawid Siłowacki

Gold prices down amid new COVID-19 vaccine hopes

Gold prices fell earlier on Thursday in Asia as investors eyed the surge in U.S. bond yields, a weakened Dollar, and a potential COVID-19 vaccine from Russia. …

13.08.2020 10:10:16 Dawid Siłowacki

S&P 500 closes just below all-time high as tech stocks lead the rally

The S&P 500 index last traded inches below a record high on Wednesday, with the rally led by tech stocks and hopes for a swift economic recovery …

13.08.2020 07:42:40 Dawid Siłowacki

Asian shares advance, dollar declines on upbeat U.S. data

Asian share markets recorded a well-ended session on Thursday, following Wall Street’s rally. This came after investors’ sentiment was bolstered by encouraging coronavirus figures and a surprising …

13.08.2020 07:36:14 Dawid Siłowacki

Aussie employment hikes, jobless rate milder than expected

July had seen Australian employment advancing higher, surpassing analysts’ forecasts. However, the increase was still insufficient to neutralize the bloating numbers of job seekers as the country’s …

13.08.2020 07:27:02 Dawid Siłowacki

Dollar slides as traders doubt the passage of U.S. coronavirus aid

The dollar fell against most majors on Thursday amid weakening hopes for an agreement between Republicans and Democrats over a new coronavirus fiscal aid to support the …

13.08.2020 07:25:02 Dawid Siłowacki

Oil eases after surge on U.S. stocks draw

Crude oil prices slid on Thursday but held most of their gains from the last session after U.S. government data reported a decline in inventories. This supported …

12.08.2020 10:55:14 Dawid Siłowacki

President Trump to entirely ban Tiktok from U.S. app stores and advertisers

According to a White House document seen by Reuters on Wednesday, United States President Donald Trump would sign an executive order to permanently ban ByteDance’s short-video app …

12.08.2020 10:55:13 Dawid Siłowacki

Tencent beats second-quarter earnings estimates due to strong entertainment demand

On Wednesday, China’s gaming and social media giant Tencent Holdings Ltd (00700.HK) announced that its second-quarter net revenue was up by 37% worth 114.88 billion CNY. The …

12.08.2020 09:25:47 Dawid Siłowacki

European stocks rise on Telecoms buyout offer for Sunrise

Telecoms stocks lifted European bourses on Wednesday after Liberty Global launched a buyout offer for Sunrise Communications. Meanwhile, London’s FTSE 100 rose on bets of domestic stimulus …

12.08.2020 09:23:41 Dawid Siłowacki

Oil gains on bigger-than-expected drop in U.S. crude stocks

Oil prices rose on Wednesday after U.S. crude inventories dropped more than analysts expected, strengthening hopes of a fuel demand recovery in the world’s biggest economy. Brent …

12.08.2020 08:58:02 Dawid Siłowacki

Australia’s second quarter wage growth subdued on pandemic hit

The second quarter had seen Australian wages expanding at the most gradual pace on record, highlighting the damage inflicted by the pandemic on household spending.  This followed …

12.08.2020 08:50:00 Dawid Siłowacki

Asian shares decline on U.S. stimulus concern

Asian share markets recorded a weak session on Wednesday. This was mainly from growing uncertainty over whether or not lawmakers from the United States would approve an …

11.08.2020 11:42:50 Dawid Siłowacki

UK sees record drop in employment since 2009

Britain reported its biggest drop in the number of employed individuals as a sign that the COVID-19 pandemic could take a heavier toll on the labor market …

14.07.2020 11:24:54 Dawid Siłowacki

Oil drops on demand recovery concerns, OPEC+ easing

Oil prices dropped on Tuesday on fears that reimposed restrictions on businesses to control the surge in U.S. coronavirus cases could offset fuel demand recovery and expectations …

15.04.2020 07:36:05 Dawid Siłowacki

Oil gains as investors go on bargain – hunting, hopes for reserve purchases

Oil prices were up on Wednesday as investors went on a bargain spree after the last session’s decline and on hopes that countries will fill their strategic …

15.04.2020 06:54:31 Dawid Siłowacki

Asian shares gain, China cuts interest rate

Asian shares recuperated on Wednesday amid an impending worst global recession in seven decades highlighted a severely hurt economy while some countries attempted to resume businesses. The …

14.04.2020 12:01:55 Dawid Siłowacki

Market review, April 14, 2020

Technical analysis of Bitcoin (BTC): Over the past 24 hours, the price of bitcoin fell to the support level of $6,690. Next, it rose to the resistance …

14.04.2020 10:10:42 Dawid Siłowacki

Dollar falls as Chinese trade data shows positive market mood

The dollar fell on Tuesday while risk currencies rallied after China’s trade data showed a more optimistic view than anticipated. The coronavirus death toll slowdown brought hopes …

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