Weekly Market Overview 17-21/05/2021
This week you can read about how Greek, European, US and APAC markets fluctuated during the past week. In Greece, the General Index ended with losses, giving up a significant part of acquired profits due to the uncertainty that prevailed in the banking index. In European markets, for another week, anxiety dominated over the rise of inflation, which halted the upward trend of the indices amid the restart of economic activity due to the reduction of restrictive measures. In the US, the Fed hinted that it may limit its loose monetary policy while indices ended with mixed results, reflecting both the concern regarding the possible change in the Fed’s policy and the inflation spike. In our stock section you will find analyses for Seagate Technology Holdings and Walmart Inc. In APAC, Chinese markets also showed mixed results amid a halt in EU-China investment deal talks. In commodities, the US-Iran nuclear deal squeezed oil prices while gold hit 5-month highs.