* Shanghai stocks hit 14-month high in service sector recovery * US payrolls jump 4.8 million, but obstacles remain ahead * Increased US COVID-19 cases threaten US recovery * Asian Stock Markets: tmsnrt.rs/2zpUAr4 By Hideyuki Sano TOKYO, Jul 3 (Reuters) – Asian stocks rose to a four-month high on Friday …
Read More »GLOBAL MARKETS: Asian stocks hit 4-month high as recoveries from US and China accelerate
* Shanghai stocks hit 14-month high in service sector recovery * US payrolls jump 4.8 million, but obstacles remain ahead * Increased US COVID-19 cases threaten US recovery * Asian Stock Markets: tmsnrt.rs/2zpUAr4 By Hideyuki Sano and Imani Moise TOKYO / NEW YORK, July 3 (Reuters) – Asian stocks climbed …
Read More »GLOBAL MARKETS: Asian stocks poised to track US gains, but Hong Kong concerns weigh
NEW YORK, July 1 (Reuters) – Asian stocks were due to follow Wall Street gains on Thursday as investors cheered on signs that the world economy was emerging from hibernation due to coronavirus, although trade is likely already low that new concerns about Hong Kong keep investors cautious. Also adding …
Read More »GLOBAL MARKETS: Asian stocks near 4-month highs in vaccine hopes, eyes on US payrolls
* MSCI ex-Japan goes up, all major Asian indices in black * Shanghai copper at 6-month highs for fear of supply * Investors focus on US employment data to be released later in the day * Coins tread water By Swati Pandey and Imani Moise. SYDNEY / NEW YORK, July …
Read More »Covid-19, President Powell, Secretary Mnuchin, Dr. Fauci and $ 1,800 gold
Today, a joint appearance by America’s most powerful economic policymakers testified before the US House of Representatives Financial Services Committee to discuss its methodology for helping those affected by the resurgence of new coronavirus cases. . Both economic policymakers offered different images of the current state of the American economy. …
Read More »