Investing in the EuroStoxx Index: Your guide for 2021 February 17, 2021 15:00 UTC Reading time: 12 minutes
Did you know that there is a stock index in which the largest companies in the Eurozone are listed? We’re talking about the EuroStoxx index (EuroStoxx 50), an index that serves as a thermometer of European economic health, widely used as an underlying asset in trading to operate through derivative products, such as Contracts for Difference (CFDs).
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Investing in the EuroStoxx 50 - What is this index?
What is the EuroStoxx 50 (EuStx50)? Is Euro Stoxx 50 a good investment? First, let s answer what this index is. The EuroStoxx 50 is the European benchmark stock index that groups together the 50 largest companies in the Eurozone that are listed in euros.
U.S. dollar fluctuated around a 2-year low December 28, 2020 11:30
The U.S. dollar fluctuated within a narrow range last week when the market was low on liquidity due to the holiday season. The global reserve currency consolidated around the lowest point since April 2018.
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On the political front, members of the U.S. Congress managed to agree on a 908 billion USD economic stimulus program. It should include funding for small businesses, health check-ups, rent deferral taxes, as well as one-time per capita benefits of 600 USD and an increased unemployment benefit of up to 300 USD per week. The president is scheduled to sign the program earlier this week.