Market Analysis

Market Analysis

Asian Stocks Gain on U.S. Stimulus Hope, Yuan Surges
Asian Stocks Gain on U.S. Stimulus Hope, Yuan Surges
Asian shares and U.S. stock futures rose on Wednesday, as restored hopes after another round of U.S. improvement brought cash into equities from government obligation. European equities looked set to follow. Euro Stoxx 50 prospects were up by 0.25%, German DAX futures rose by 0.28%, and FTSE futures increased by 0.18%. U.S. stock futures rose by 0.71%.
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Asian Stocks Drift: Markets Wrap. U.S. Futures Tick Higher
Asian Stocks Drift: Markets Wrap. U.S. Futures Tick Higher
The U.S. futures edged higher on Tuesday as investors held out hopes for a deal on stimulus talks. Asian stocks slipped after its weak session on Wall Street overnight.
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EUR/USD is Rejected on 5-day SMA, despite Its stock Market Gains
EUR/USD is Rejected on 5-day SMA, despite Its stock Market Gains
Asian stocks rise, but risk-on fails to put a bid under the pair. COVID-19 concerns and dovish ECB expectations weigh on the euro. EUR/USD sidelined after rejection at the bearish 5-day simple moving average. The EUR/USD is struggling in drawing bids, despite improved risk appetite in the financial markets.
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Surprising Investors’ Insubordination at Procter and Gamble over Toilet Paper's Impact on Forest
Surprising Investors’ Insubordination at Procter and Gamble over Toilet Paper's Impact on Forest
Two-thirds of Procter and Gamble's investors this week resisted the organization's suggestions, increasing the weight on the customer products giant to lessen sourcing virgin timber for its Charmin tissue, Puffs tissues, and Bounty paper towels. Some 67% of investors voted yes on Green Century Equity Fund's investor proposition. It interprets "investors demand P&G issue a report evaluating if and how it could expand the scale, movement, and thoroughness of its endeavors to wipe out deforestation and the degradation of intact forests in its supply chains." Such a high rate is viewed as a significant turnout for an ecological issue.
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Hyundai Motor Heir Takes over from Father after 20 Years in Waiting
Hyundai Motor Heir Takes over from Father after 20 Years in Waiting
Hyundai Motor Group named Euisun Chung as group chairman on Wednesday, solidifying his progression from his octogenarian father in a move liable to offer force to the world's fifth-biggest automaker's drive into electric vehicles and flying vehicles.
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