Cancellation of Ukraine Deal
July 2, 2020UNITED STATES US stocks closed higher on Wednesday supported by improving economic data and news of a potential coronavirus vaccine by BioNTech, S&P gained 0.5%, Nasdaq added 1%. The yield…
US Stocks Record Best Quarter Since 1998
July 1, 2020UNITED STATES In the U.S markets earlier in the day we witnessed the DOW and S&P 500 booked its best quarterly performance in 20years despite eventually sliding after the gauge…
Brazil Registers Fewer-than-expected Job Losses in May
June 30, 2020UNITED STATES US stocks rebounded on Monday even as the prospects of a resurgence of COVID-19 lingered with several states re-imposing restrictions on business opening. The DOW led gains, up…
Global COVID Cases Surpassed 10 mio
June 29, 2020UNITED STATES The US has got it bad, at least that is what seems to be grabbing the markets’ attention lately. With the COVID cases rising to have surpassed 10…
Texas and Florida Halt the Process of Reopening Their…
June 26, 2020UNITED STATES A stronger shift in the markets late in the day has come as a nice surprise yesterday, pushing equities, bonds and oil up in the matter of minutes…
UK Prime Minister Gambles on Lifting Lockdown to Safe…
June 24, 2020UNITED STATES The NASDAQ Composite hit record highs in its 8th straight gain, the S&P 500 closed well off its earlier 1.2% gain on the back of reports that there…
Impasse between German ConCourt and ECB to be Resolved
June 23, 2020UNITED STATES US stocks opened the week in the green continuing on the previous week’s uptrend. The NASDAQ closed in the green for a seventh straight session, gaining 1.10% while…
Oil Shakes off COVID-19 Resurgence Concerns, Closing Higher for…
June 22, 2020Last week the week began with news of a second wave in {CH} Beijing and lack of containment in some {US} US states. As the week progressed the situation in…
China Plans to Step Up Purchases of US Farm…
June 19, 2020UNITED STATES The markets are flaring slightly better this morning after a generally weaker tone all week amid the fears of the resurging coronavirus cases across the globe: Beijing’s most…
John Bolton’s Claim
June 18, 2020UNITED STATES Overnight, sentiment came off a touch after coronavirus cases climbed and John Bolton’s claim that US President Trump had asked Chinese President Xi Jinping to help with his…