The DAX index turned cautiously higher as investors pinned their hopes on a coronavirus drug as cases rise globally. The index is trading at 12,144 euros as traders continue to anticipate that a new drug will help stem the coronavirus pandemic. Most companies in the DAX index are in the green, with only a handful in the red. Elsewhere in Europe, the FTSE 100 and CAC 40 are unchanged while Stoxx 50 is up by just 0.15%.
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JoinedMar 22, 2020, 20:04 GMT
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The US dollar index (DXY) is down by 0.26% as investors reacts to the rising coronavirus cases in the United...
The battered Hang Seng index is down by more than 1.40%, becoming the second-worst performing index in Asia after Nikkei 225. The index is trading at $24,215, which is its lowest level since June 18. However, the index, which is down by more than 13% this year, could see a rebound in the second half of the year, according to analysts. Let us look at the reasons they are giving.
The Nikkei 225 is the worst-performing index in Asia today as traders digest multiple news from the country. The index is trading at ¥22,050, down by more than 400 points. This is a sharp underperformance considering the Hang Seng is down by just 1% while the Shanghai index is down by 0.75%. A look at the Nikkei’s components shows that only a handful of the companies are in the green.
This week, the value of global stocks decreased as investors showed concern about the increasing number of COVID-19 cases in...
The USDCAD pair moved up slightly as investors remained concerned about the rising coronavirus cases in the United States. The pair is trading at 1.3650, which is higher than this week’s low of 1.3485. At the same time, the US dollar index is down by 10 basis points.
Barclays share price is up by almost 1 percent as UK stocks jump. The FTSE 100 is up by more than 1.54%. Other banks like HSBC and Lloyds share prices that are up by 0.57% and 0.50% respectively. The bank’s shares are now trading at 113.92p, which is higher than this week’s low of 109.82p.
The GBPUSD pair is little changed today as investors react to the surging number of coronavirus cases in the United States. They are also increasingly concerned about Brexit, with the June 30 deadline nearing. The GBP/USD pair is trading at 1.2400, which is below this week’s high 1.2541.
The FTSE 100 index is among the best-performing indices in Europe today. Up by more than 1%, it has outperformed the DAX index, CAC 40, and Stoxx 50, which have risen by 0.66%, 0.90%, and 0.86%. Let us look at the key movers of the FTSE index.
Tesco share price declined sharply after the UK retailer released its Q1 corporate earnings data. The shares are trading at...
Gold price retreated slightly during the Asian session as traders reflected on the surging new cases and the new Fed requirements for banks. The slight decline today comes two days after the price formed a shooting star pattern on the daily chart.
The Hang Seng index declined by almost one per cent as the market reopened today. The index is off by more than 200 points and with almost all companies being in the red. The index is an outlier, with the Nikkei 225 and KOSPI up by more than 1%. Chinese bourses are closed today.












