Author: Engine Forex

Frankfurt – 06/12/2021 Recovery The market’s current high volatility is still due to the recently reported corona mutation Omikron. Overall, there is still a lack of well-founded information on the virus, causing nervousness and uncertainty in the stock market. In addition, there are signs of an earlier than expected turnaround in interest rates in the USA.  According to market observers, …

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Frankfurt – 03/12/2021 Bye At the end of the week, a sell-off in technology stocks dampened sentiment on the US stock markets. Investors shied away from risk and sold stocks in light of the global spread of the corona mutation Omikron and high inflation.  Weaker-than-expected November labour market data had supported the stock market in early trading, pushing the Dow …

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Frankfurt – 02/12/2021 Nervous The vexed issue of the corona has once again taken hold of the markets and is unsettling investors. There is still a great deal of uncertainty both about the course of the disease at Omicron and about the effectiveness of the current vaccines and possible new restrictions for companies. And as we know, the stock market …

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Frankfurt – 01/12/2021 Fear Markets While Omicron worries eased in Europe today, the first case in the USA unsettled Wall Street, the coronavirus variant thus continues to cause a lot of movement on the markets. In addition, it was Fed Chairman Powell who spooked investors again today. The old song of tapering-no-tapering had thus once again hurt prices on New …

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Frankfurt – 30/11/2021 Back Down it goes Statistically, November is one of the good stock market months. But in the grey “corona autumn”, everything is different this time. Due to the fear of new economic setbacks, the stock market month of November ended deeply in the red.  The warning by Moderna CEO Stephan Bancel caused uncertainty on the stock markets …

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Frankfurt – 29/11/2021 Green Monday After the sell-off on “Black Friday”, investors on Wall Street piled in at lower levels today. However, the DAX was unable to keep up on the Frankfurt Stock Exchange. Shares of vaccine manufacturers were in particular demand, which shows that the new Omikron variant was also very much a topic in New York. Moderna shares …

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Frankfurt – 26/11/2021 The Next Corona Slump On Black Friday of all days, stock markets worldwide were caught up in renewed fears about the corona crisis and faltered badly. The reason for today’s sharp decline was that it was reported that a new, possibly dangerous, Corona variant with the designation B.1.1.529 has emerged in southern Africa. Meanwhile, a first case …

from Engine Forex https://engineforex.com/markets-update-friday-26-11-2021-the-next-corona-slump/
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Frankfurt – 25/11/2021 Rest Investors remain torn – between a further increase in corona positive figures and the opportunity for favorable entry prices. Accordingly, the German stock market was also nervous today. After five days of losses in a row, the Dax closed in the black for the first time. However, turnover was quite thin due to the closed Wall …

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Gap issues sales warning US fashion chain Gap is expecting a sharp drop in sales due to global supply chain problems. Gap warned on Tuesday after the US stock market closed that it was facing a weaker Christmas season due to the ongoing difficulties and could lose a total of up to 650 million dollars in revenue this year. In …

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Frankfurt – 24/11/2021 Minutes On the New York Stock Exchange, investors kept a low profile despite a plethora of new economic data. The overall activity was meagre before the holiday break. The US markets will be shut tomorrow for the Thanksgiving holiday. Things will get exciting on the following bridge day, Friday. This so-called “Black Friday” is considered the official …

from Engine Forex https://engineforex.com/markets-update-wednesday-24-11-2021-minutes/
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