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EUR/USD risks a drop to 1.1565 – UOB

In opinion of FX Strategists at UOB Group, EUR/USD could drift lower to the 1.1565 level in the next weeks. Key Quotes 24-hour view: “The sharp sell-off that sent EUR plunging to 1.1588 came as a surprise (we were expecting a consolidation). The rapid drop appears to be overdone but is not showing sign of […]

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USD/CNY fix: 6.4854 vs last close 6.4715

In recenttrade today, the People’s Bank of China (PBOC) set theyuan (CNY)at6.4854 vs. the estimated6.4817 andlast close of 6.4715. About the fix China maintains strict control of the yuan’s rate on the mainland. The onshore yuan (CNY) differs from the offshore one (CNH) in trading restrictions,this last one is not as tightly controlled. Each morning, […]

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S&P 500 Futures cheer easy US Treasury yields near 15-week top amid anxious markets

S&P 500 Futures keeps the previous day’s rebound with mild gains.US 10-year Treasury yields step back from multi-day high.Market sentiment dwindles as vaccine optimism, cautious mood ahead of China PMI battle Fed tapering, Evergrande concerns.US policymakers’ battle over debt ceiling, stimulus will be important, updates from China, Fedspeak should be watched as well. Having witnessed […]

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AUD/JPY defends 80.00 on mildly bid stock futures ahead of China PMI

AUD/JPY licks its wounds around weekly low, pauses after two-day fall.Market sentiment improves as vaccine optimism battles US Senate updates.Fed taper woes, pessimism concerning China, Evergrande challenge the bulls.China PMIs are likely to support to recent rebound but risk aversion wave keeps sellers hopeful. AUD/JPY keeps bounce off a one-week low around 80.35, picking up […]

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What are stock and shares? | float shares

What are stock and shares?

In the financial market, shares are used as units of mutual funds, limited partnerships and real estate investment trusts. Equity refers to all the shares of a company. The owners of company shares are the shareholders of the company.

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