Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Fundamental Analysis
Futures on US stock indexes rebound after record losses
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="IFC Markets, post: 178140, member: 18359"] [SIZE=6][B]Nasdaq records worst loss ever[/B][/SIZE] [B]US stock market [/B] plunge accelerated on Monday despite Fed’s full percentage point rate cut Sunday and the start of the purchase of $700 billion in Treasurys and mortgage-backed securities. President Trump called on Americans to avoid gatherings of 10 people or more. The [I] S&P 500 [/I] fell 12% to 2386.13. Dow Jones industrial sank 12.9% to 20188.52. The [I] Nasdaq [/I] tumbled 12.3% to 6904.59, suffering biggest daily loss ever. The dollar strengthening halted as the Empire State manufacturing index plunged 34.4 points to a record low of negative 21.5 in March: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, fell 0.4% to 98.08 and is lower currently. Futures on stock indexes indicate higher openings today. [SIZE=6][B]CAC 40 led European indexes rout[/B][/SIZE] [B] European stocks [/B] joined global retreat on Monday. The [I] EUR/USD [/I] turned higher on Monday while [I] GBP/USD’s [/I] slide slowed yesterday with both pairs higher currently. The Stoxx Europe 600 index lost 5.1% led by travel and leisure shares as European Commission president proposed banning most foreign visitors into Europe for 30 days. The [I] DAX 30 [/I] slumped 5.3% to 8742.25. France’s [I] CAC 40 [/I] dropped 5.75% and UK’s FTSE 100 lost 4% to 5151.08. [SIZE=6][B]Australia’s All Ordinaries Index rebounds with Asian indexes mixed[/B][/SIZE] [B]Asian stock indices[/B] are mixed today following Monday’s plunge. [I] Nikkei [/I] recovered 0.1% to 170202.12 as yen’s climbing against the dollar halted. Markets in China are falling: the [I] Shanghai Composite Index [/I] is down 1 % and Hong Kong’s [I] Hang Seng [/I] Index is 0.4% lower. Australia’s All Ordinaries Index rebounded 5.8% as Australian dollar continued its slide against the greenback. [IMG alt="AU200 rebounding below MA(200) 3/17/2020 Market Overview IFC Markets chart"]https://ifccd.net/uploads/image/AU200_17March2020.jpg[/IMG] [SIZE=6][B]Brent rebounds[/B][/SIZE] [B]Brent futures prices [/B] are rebounding after hitting the lowest in over four years on Monday. Prices ended sharply lower yesterday despite President Trump’s announcement the US will start buying oil at current lower prices to replenish its strategic crude oil reserves. May Brent crude closed 11% lower at $30.05 a barrel on Monday. [SIZE=6][B]Gold climbs as Dollar strengthening reverses[/B][/SIZE] [B] Gold [/B] prices are edging higher today. April gold fell 2% to 1486.50 on Monday. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…