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
Commodities, Stocks, and Indices
Stocks fall as yield curve inverts
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: 161858, member: 18359"] [SIZE=5][B]Dollar strengthens on strong home sales data[/B] [B][/B][/SIZE] [B]US stock market [/B]ended sharply lower on Friday as the spread between three-month and 10-year yields turned negative. S&P 500 fell 1.9% to 2800.71, closing 0.8% lower for the week. [I]Dow Jones [/I]industrial fell 1.8% to 25502.32. The [I]Nasdaq [/I]dropped 2.5% to 7642.67. The dollar strengthening continued as existing home sales hit an 11-month high in February. 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, rose 0.3% to 96.576 and is higher currently. Futures on US stock indexes point to lower openings today. [IMG]https://ifccd.net/uploads/image/SP500_O_25March2019.png[/IMG] [SIZE=5][B]DAX 30 loses less than other European indices[/B] [B][/B][/SIZE] [B]European stocks [/B]extended losses on Friday on disappointing data. The [I]GBP/USD[/I] resumed gaining as [I]EUR/USD[/I]continued its slide with both pairs reversing currently. The Stoxx Europe 600 Index lost 1.2%. The [I]DAX 30 [/I]fell 1.6% to 11364.17 as manufacturing PMI reading indicated contraction in manufacturing accelerated. France’s [I]CAC 40[/I]fell 2% and UK’s FTSE 100 dropped 2% to 7207.59. [SIZE=5][B]Nikkei leads Asian indices gains[/B] [B][/B][/SIZE] [B]Asian stock indices[/B] sharply lower today tracking losses Friday on Wall Street prompted by yield curve inversion.[I]Nikkei [/I]dropped 3% to 20977.11 with yen resuming its slide against the dollar. Chinese markets are falling: the [I]Shanghai Composite Index [/I]is down 2.0% and Hong Kong’s [I]Hang Seng [/I]Index is 2.1% lower. Australia’s All Ordinaries Index turned 1.1% lower as the Australian dollar resumed its climb against the greenback. [SIZE=5][B]Brent falling[/B] [B][/B][/SIZE] [B]Brent futures prices [/B]are lower today as traders worry about possible global growth slowdown after Friday data. Prices ended lower on Friday despite Baker Hughes report that the number of active US rigs drilling for oil fell for a fifth straight week: Brent for May settlement fell 1.2% to close at $67.03 a barrel Friday, sliding 0.2% for the week. [/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…