Strong US CPI Numbers Pushed S&P 500 to a…

August 13, 2020

New hopes for faster US economic recovery pushed US indices to the new record highs on Wednesday – S&P 500 advanced by 1.4% to 3,380.35 level meaning that the index…

 

US Stimulus at a Stalemate

August 12, 2020

Investors have begun considering the possibility that a deadlock in Washington could drastically hinder the U.S virus package stimulus package, weighing on the emerging recovery and they are left to…

 

UK Retail Sales Return to Growth

August 11, 2020

UNITED STATES US stocks were mostly higher to kick off the week despite the rising Sino-US tensions. The DOW rose 1.30% while the S&P was up 0.27% – a seventh…

 

Turkey’s Borsa Istanbul Introduces Circuit-breaker System Amid Sell-off

August 10, 2020

UNITED STATES US stocks closed mostly higher on Friday as the failure by Congress to agree on a stimulus package before its recess was offset by outperformance in jobs with…

 

US Tech Giants Earnings Beat Expectations

July 31, 2020

UNITED STATES Summer volatility would be a rather appropriate way to describe the markets behaviour this week. With half of investors booking holidays and rediscovering vacation places in their own…

 

FED Rate Decision

July 30, 2020

UNITED STATES FOMC left the rate unchanged on Wednesday meeting with Jay Powell saying that they will stay there. FED chairman mentioned that US requires more fiscal and monetary stimulus…

 

It Is a Whole Lot of Waiting Game for…

July 29, 2020

UNITED STATES The guess for the U.S markets is we all are stuck playing the waiting game now as stocks in the U.S struggled for a bit of direction yesterday…

 

IMF Approves $4.3 Billion for South Africa Under RCF…

July 28, 2020

UNITED STATES US stocks rebounded on Monday as investors awaited the next round of stimulus. The NASDAQ led gains, up 1.67% while the S&P and the DOW rose 0.74% and…

 

US Readies at $1 Trillion New Stimulus Before August…

July 27, 2020

The 1$ trillion relief plan was informally agreed by the White House and the Republicans which includes an extension of the unemployment benefits for up to 70% of salaries and…

 

US Initial Jobless Claims Data Rising for the First…

July 24, 2020

UNITED STATES A Friday riddle: What begins, but has no end? US-China political tensions. The recent escalation has seen China ordering the US to close its consulate in Chengdu in…