Weekly Market Overview 05-09/04/2021
This week you can read about how the Greek, European, US and APAC markets fluctuated during the past week. In Greece, the General Index stepped onto 890 points, being closer than ever to 14-month record highs. Similarly, European stocks are near record highs due to the prevailing optimism that liquidity injections from the ECB will spur economic activity. In the US, stocks hit new highs last week while Fed’s Chairman spoke before the IMF and stressed that global economy remains fragile and the upcoming recovery in the US will be rather uneven. In our stock section you will find analyses for JinkoSolar Holding Company and FuboTv Inc. In APAC, Chinese markets slumped last week amid mixed macroeconomic data, while in Japan concerns about new measures arise following a surge in COVID -19 cases. On commodities, oil prices succumbed due to distress over supply, while gold, on the other hand reached a 6-week high.