Trading Review: Current Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations
The trading day on Wall Street closed down 0.7% -0.9% in the leading indices. Trading opened with fairly sharp declines of about 1.5% but later they moderated.
Shares of AMC closed a volatile day with a rise of 6.2%. also Monday Stood out with a sharp rise and on the other hand Zim fell by 4.7%.
The negative trend in New York continues. Leading stock indices retreat at rates of up to 1%.
Significant increases are now being recorded Amazon , Biogen, Check Point , Virgin Galactic and AMC.
European stocks closed down 1.7% -2%. On Wall Street, the declines are moderating and the leading stock indices and stock indices are retreating at rates of up to 1%.
A negative trend in New York, and the leading stock indices retreated by 1% -1.3%. A WTI oil contract is down 0.7% to $ 71.7 a barrel.
Among Israeli stocks, the declines in ZIM, Kituv, ICC andThyme Digital .
The trading day on Wall Street opened in a negative trend, and the leading stock indices retreated by 1% -1.5%.
Notable declines are recorded by AMC, Faber , Zim , Sentinel-One and Lemonade.
Initial claims for unemployment benefits in the United States reached 373,000 last week, compared with economists’ expectations of 345,000 claims.
The declines in the various European stock exchanges are exacerbating. Dax sheds 2.1%, Potsey 1.9% and Paris Kak falls 2.4%.
The crypto market has also been dragged down, apparently as a result of the EU’s intention to set up a new anti-money laundering authority. “Money laundering, terrorist financing and organized crime remain significant issues that need to be addressed at EU level,” EU documents said.
An hour before the start of trading in the US, the futures contracts on the Wall Street indices continue to record declines of about 1.3%.
Wall Street indices are falling. Contracts for the Dow Jones are down 1.5%, for the S&P 500 are down 1.4% and for the Nasdaq 1.3%. The yield on US bonds also continues to fall, and now the yield on 10-year bonds stands at 1.25%.
Trade in Europe continues to decline. The DAX and POTSI are down 1.7%, the French CAC index is down 2.2% and so is the pan-European Eurostox 50 index. The Milan Stock Exchange is already losing over 2.6%.
Compared to the negative trend in most world markets, gold is up 0.9% and is currently trading at around $ 1,817 an ounce. The crypto market continues to decline, and Bitcoin is trading at $ 32.5 thousand.
Yields on U.S. bonds continue to plummet. The yield on 10-year bonds loses 4% to a level of only 1.26%. The yield on the 30-year bond drops to 1.88%.
The declines in European stock markets continue. The DAX and POTSI are now down 1.3%, and the CAC is down 1.8%.
Allot It reported that the European communications group Tier-1 has signed an agreement with it that will allow its operations units to offer cyber security services to consumer and small-to-medium-sized businesses, based on Allot’s HomeSecure and BusinessSecure solutions. The engagement is based on a recurring monthly payment, derived from the number of actual subscribers using the cyber security solution.
The crypto market also fell to the declines, and Bitcoin shed 6.8% and dropped to a level of $ 32.4 thousand, about a thousand dollars less than the price with which it opened the day. Etherium dropped to $ 2,177 (down 8.8% from yesterday), DogeCoin traded at 21 cents, and the Ripple dropped to 62 cents.
The declines in Europe are intensifying. The DAX and POTSI are now down 1.3%, the CAC is down 1.8%, the Madrid and Milan stock markets are down more than 2.1%. Decreases of 1% are also recorded on the Zurich, Lisbon, Vienna and Brussels stock exchanges.
The declines in all of Europe are mainly led by bank shares. In Frankfurt hDeutsche Bank Down 1.7%, in London Lloyds Shed 1.8%, Barclays Loses 2.1% andCharter standard As a percentage. In Paris the leader in declines is the car company Renault , Which retreated 3.8%.
Oil continues to weaken, with WTI oil trading at $ 71.1 a barrel and Brent crude at $ 72.4.
The Hong Kong Stock Exchange closed down sharply 2.7%, led by Petrochina which fell 6.7% in a very high trading volume.
European stock markets opened with relatively high price declines. Dax, Potsey and Kak each lose about 1%, and similar declines are also recorded on the Amsterdam, Madrid and Milan stock exchanges. The Lisbon Stock Exchange is up 0.6%.
Deutsche Bank is losing 1.9% in Frankfurt, and Adidas, Daimler, Deutsche Bourse and Volkswagen are also absorbing declines of 1% -1.5%.
Asian stock markets have closed in a negative trend. The Nikkei in Tokyo dropped close to 0.9%, Shanghai lost 0.8% and Shenzhen fell 0.4%. The Hong Kong Stock Exchange, where trading is still taking place, is now down 2.7%.
Asia Trade Day is held in the negative territory. The Nikkei and Shanghai indices are down 0.6% each, Hong Kong is down 1.8%, the Kospi is down 0.7%. Shenzhen Without a substantial change, the Sydney Stock Exchange records a slight increase.
In Japan, the Infax oil locator company recorded a 3.5% drop in high trading turnover, and declines are also being recorded at Mitsubishi and Nissan. On the other hand, the Hitachi Sussen Industrial Corporation climbs close to 4%, Casio rising by about 1%.
In the commodity market, declines were recorded, and WTI oil fell to $ 72 a barrel, and Brent oil to $ 73.3. Gold also weakened slightly, falling below the $ 1,800 per ounce threshold.
The crypto market is declining at low rates, with Bitcoin trading at around $ 33.3 thousand, Etherium at about $ 2,400. The Dogecoin has dropped to a level of 21 cents per unit.
The futures contracts on the Wall Street indices are trading down about 0.2%, when last night they closed with slight increases – which strengthened slightly after the minutes of the Fed meeting were published. The yield on 10-year bonds has not been positively affected and still stands at 1.31%.
Shai Zessler, a global markets analyst at Bank Hapoalim’s research unit, last night referred to the publication of the minutes of the Open Market Conference (FOMC) from June. “The committee members agreed that the conditions for slowing down the pace of bond purchases have not yet matured, and that the issue will be examined in the future in accordance with the pace of economic progress. It is currently estimated that the current interest rate environment is required to achieve the central bank’s dual goal: price stability alongside full employment. As for the recommended reduction in purchases, some Fed members prefer to slow down the purchase of mortgage-backed bonds in the background due to the significant rise in the real estate market, while others have agreed that a gradual process is required. “