EconomyWeb | Global Economic Outlook
MARKETS • Stocks
Tough Start for Housing
February 21, 2018
Homes sales slowed in January even before higher rates and the tax law hit the market.
World Stock Markets

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The DOW JONES Index - Top 30 Blue Chip U.S. Companies
The EURO STOXX Index - Top 50 Blue Chip European Companies
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Market Report
Sensex Down 125 Points In Early Trade; Nifty Dips Below 10,350
February 22, 2018
Indian shares opened notably lower on Thursday as investors digested a hawkish tone out of the FOMC's meeting minutes released on Wednesday.
Asian Markets Mostly Lower
February 22, 2018
Asian stock markets are mostly lower on Thursday following the negative cues overnight from Wall Street after the minutes of the Federal Reserve's January meeting indicated the central bank still plans to raise interest rates three times in 2018. The Chinese market is rallying as it resumed trading after the Lunar New Year holidays, while the Japanese market is declining.
Sensex, Nifty To Open Lower On Interest Rate Worries
February 22, 2018
Indian shares look set to open lower on Thursday, tracking weak global markets as signs of faster U.S. inflation bolstered expectations for three or even more interest rate hikes this year.
Market News
Market Insight
Symantec Stock Has Its Sights Set on $42.00 and Beyond
February 21, 2018
SYMC Stock: A Perfect Springboard At the end of January, the market indices swooned. The catalysts that sent them lower ranged from higher interest rates to a spike in the volatility index, which created a lot of confusion. One thing that remained clear was that the sell-off was driven by computers acting on algorithms. The fact that computers have such an influence on the stock market is especially frightening, given that cybercrime and threats are high and rising. Centralized systems have been the cause of many hacks and a countless amount of personal data has been stolen. It's easy to see why cybersecurity is a hot topic and why tens of millions of dollars are flooding. The post Symantec Stock Has Its Sights Set on $42.00 and Beyond appeared first on Profit Confidential.
Litecoin Price Forecast: Bitcoin’s SegWit Adoption a Blessing for Litecoin?
February 21, 2018
Daily Litecoin News Update Cryptocurrency prices are correcting on Wednesday morning after a neat rally earlier this week. The to-and-fro price movement is a given in this space, so let’s not sweat it. The Litecoin price is down about 13.7% in the last 24 hours but is holding steady over the $210.00 mark. More than price, there’s another pressing concern right now that needs addressing. That is, Bitcoin is moving toward “SegWit” adoption. Read it like this: Bitcoin is going to copy Litecoin’s moat, and since it’s the mightier of the two, the fear is that smart money will rotate back to Bitcoin. In case you haven’t heard, the next major update to Bitcoin’s. The post Litecoin Price Forecast: Bitcoin’s SegWit Adoption a Blessing for Litecoin? appeared first on Profit Confidential.
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MARKETS • Forex
Australia's banknotes may be the most advanced in the world
February 22, 2018
The Australian dollar is made of polymer, which makes it highly durable and difficult to replicate.
World Currency Markets

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Euro/US Dollar - FX Spot Rate
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Market Report
AUD/NZD Price Tumbles to Five-Month Lows; Relief in Sight?
February 21, 2018
AUD/NZD is down nearly 3.6% off the January highs with price now eyeing a break below technical support. Here are the updated targets & invalidation levels that matter.
Gold Prices Remain Vulnerable After Failing to Test 2018-High
February 21, 2018
Gold prices remain vulnerable to further losses after staging a string of failed attempt to test the 2018-high ($1366).
US Dollar Index

US Dollar Currency Index
US Dollar Index Chart by CNBC
Market Analysis
XE Market Analysis: Europe - Feb 22, 2018
February 22, 2018
The dollar has continued to mostly trade firmer, this time amid a backdrop of fresh equity market declines on Wall Street and in Asia (which the exception of Chinese markets, which have been playing catch-up following the prolonged Lunar New Year break). This followed minutes of the FOMC meeting, where bullets about upside risk to growth following the tax cuts, grabbed market attention and sent U.S. Treasury yields higher. EUR-USD logged a 10-day low of 1.2259.
XE Market Analysis: Asia - Feb 21, 2018
February 21, 2018
The dollar edged higher through the morning session in N.Y. on Wednesday, taking the DXY to six-session highs of 89.99. The greenback later moved lower on the FOMC minutes, as the Fed said a gradual approach to tightening remained appropriate, and as it sees few signs of broad wage growth increases (which got markets in a tizzy following the strong earnings outcome in the last jobs report). EUR-USD rallied to session highs of 1.2359 from 1.2315, as USD-JPY fell to 107.30 from 107.75.[EUR, USD]
XE Market Analysis: Sterling Under Pressure as UK Jobless Rate Rises
February 21, 2018
OVERVIEW GBP is trading at a disadvantage due to calls for gaining full regulatory autonomy after Brexit and the jobless rate rises. The Canadian Dollar continues to weaken as oil prices drop and the US Dollar resurges. The Euro is trading at a disadvantage against the US Dollar as the Purchasing Managers Indexes for both the service sector and manufacturing are disappointed. The Australian Dollar continues to fall as wage inflation remains muted. HIGHLIGHT
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MARKETS • Commodity
Gold Rate Today: Gold, silver down in morning trade
February 22, 2018
MCX Gold futures were down 0.12 per cent, or Rs 36, at Rs 30,440 at around 10.20 am (IST).
World Commodity Markets

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Gold - The London Gold Fixing
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Market Report
Oil prices fall on firmer U.S. dollar
February 22, 2018
Oil prices fell on the back of a firmer dollar despite a report of a decrease in U.S. crude inventories.
Gold prices flat, U.S. interest rate outlook weighs
February 22, 2018
Spot gold traded largely flat at around $1,323.73 an ounce at 0108 GMT.
Mining giant Glencore says it’s had its ‘best ever’ full-year results
February 21, 2018
Glencore on Wednesday announced full-year overall adjusted profit of $14.76 billion, in line with expectations.
Crude Oil

Crude Oil WTI - West Texas Intermediate Crude Oil Price
Crude Oil Chart by CNNMoney

Market Analysis
Yellow Metal Trading Lower In The Asian Session
February 22, 2018
The pair is expected to find support at 1320.30, and a fall through could take it to the next support level of 1314.80. The pair is expected to find its first resistance at 1334.90, and a rise through could take it to the next resistance level of 1344.00.
White Metal Trading On A Weaker Footing This Morning
February 22, 2018
The pair is expected to find support at 16.32, and a fall through could take it to the next support level of 16.17. The pair is expected to find its first resistance at 16.72, and a rise through could take it to the next resistance level of 16.96.
Oil Extends Its Losses, Ahead Of EIA's Weekly Crude Oil Inventories Data
February 22, 2018
The pair is expected to find support at 60.59, and a fall through could take it to the next support level of 60.12. The pair is expected to find its first resistance at 61.70, and a rise through could take it to the next resistance level of 62.34.
Market Insight
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MARKETS • Bonds
Complacency about the Fed is a habit investors must kick
February 22, 2018
With inflation rising and output gap shrinking, policy expectations need to change
World Interest Rates

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Germany 10 Year Bond Yield - German Government Bond
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Market Report
U.S. Government Bonds Fall After Fed Minutes
February 22, 2018
U.S. government bond prices slid Wednesday, sending yields to fresh multiyear highs, after minutes from the Federal Reserve’s latest meeting struck some investors as being more hawkish than they had expected.
Is a 3% Treasury Yield Good News or Bad? For Now, Investors Say Good
February 21, 2018
The rise in long-term bond yields so far this year points to a long-awaited return to economic normalcy, and perhaps the end of a yearslong period in which Wall Street analysts repeatedly but erroneously sought to draw the curtain on the era of ultralow interest rates.
Market Insight
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MARKETS • Outlook
Asia stocks fall as US rate rise expectations jump
February 22, 2018
Declines follow Fed minutes highlighting strong economy
Market Outlook
Stocks fall after release of Fed minutes
February 21, 2018
Stocks fall after release of Fed minutes

Fed and stocks

Dow tanks on yield spike
February 21, 2018
Dow tanks on yield spike

Dow tanks on yield spike

Market volatility: A buying opportunity for investors
February 21, 2018
Market volatility: A buying opportunity for investors

Market buying opportunities

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MARKETS • Comment
FTSE 100 Drifts Lower As GDP Data Disappoints
February 22, 2018
U.K. shares fell on Thursday as the latest Federal Reserve meeting minutes rekindled fears of inflation and higher interest rates and a government report showed the U.K. economy expanded by 0.4 percent in the fourth quarter, down from the 0.5 percent preliminary estimate released last month. Economists had expected no change in the estimate.
CAC 40 Slides After Fed Minutes
February 22, 2018
French stocks fell notably on Thursday as the latest Federal Reserve meeting minutes rekindled fears of inflation and higher interest rates.
Market Commentary
Is the European Union Economic Recovery Here to Stay?
January 30, 2018

Global leaders at the World Economic Forum in Davos, Switzerland, were upbeat about the European Union’s economic growth prospects. Most agreed the region offers attractive investment opportunities despite doubts over the impact of Brexit. Photo: Getty Images

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