Joe Rogan Announces He “Tested Negative Today,” Took Horse Deworming Drug After Positive Covid Diagnosis Earlier This Week – Updated

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Wall Street Trading Remains Tentative Wall Street didn’t do much on Friday. While the Dow Jones Industrials and the S&P moved up a bit, the NASDAQ continues to be in a flux. The three main Indexes have been stagnating for the last few weeks and traders are not enthusiastically buying up stocks. Most investors will not be working on Monday in the US because of their upcoming Independence Day holiday. Nevertheless, on Wednesday when most investors will return from their long weekend, traders will instantly be tested, and the Non-Farm Employment Change stats will be reported this Friday. The start of this week should be quite calm in the U.S but could possibly turn stormy. China & Hong Kong Come Together on Bond Program This morning China and Hong Kong have proclaimed a program which will serve as a link for foreign investors to partake in the bond market in the Mainland. Investors will be able to buy bond offerings from china via Hong Kong based banks, which should give overseas investors more confidence. The Caixin Manufacturing Purchasing Managers Index will also be reported early Monday. Asian equity markets were down into the weekend, only the Shanghai Shenzhen composite was up. Nevertheless, the major Indexes including the Nikkei and other stock exchanges have gone up a lot in the past 52 weeks. The Yen continues to range trade but did end above the 112.00 level versus the U.S Dollar. PMI Reports to be Reported from U.K. & Europe The Euro and Pound ended on a high note last week versus the U.S Dollar. The Euro is above the 1.14 level, and the Pound is above the 1.30 mark, as both currencies have moved higher versus the U.S Dollar. While European equity markets dropped last week, the European Central Bank and Bank of England comments conveyed the credence that economic conditions are improving and monetary policy modifications will be considered in the mid-term. An abundance of Purchasing Managers Index publications will be reported from the U.K and Europe within the next week. On Monday Britain will come out with the PMI figures along with the all-important Manufacturing sector numbers. Yaron Mazor is a senior analyst at SuperTraderTV. SuperTraderTV Academy is a leader in investing and stock trading education. Sign up for a class today to learn proven strategies on how to trade smarter. This article was originally posted on FX Empire More From FXEMPIRE: A Weaker Dollar Not Likely to Make Gold an Attractive Asset in a Rising Interest Rate Environment The Week Ahead – Central Banks and Non-Farm Payroll in Focus Central Bank Rate Hike Chatter Dominates Forex Markets Grains Rally on Worries About Drought, USDA Acreage Report Why Oil Price Weakness Is Not Really a Big Deal Anymore U.S. Stocks Mixed, but Finish Quarter with Solid Gains View comments
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