Euro-Area Manufacturing Makes Slight Rebound as Economies Reopen

June 2, 2020

UNITED STATES US stocks closed modestly higher on Monday despite the protests that have rocked cities. The NASDAQ closed 0.65% higher while the S&P and the DOW closed 0.37% and…

 

US Revokes Hong Kong Preferential Status

June 1, 2020

Although last week marked some risk off events including the Hong Kong (HK) unrest as Beijing created national security laws in HK and as the US stated it will revoke…

 

China Passing HK Securities Law, US is not Happy.

May 29, 2020

UNITED STATES Equities failed to sustain the yesterday’s gains with tensions between China and US deepening over the Hong Kong security law, passed by China. US has retaliated to the…

 

New US-China tenstions over HK

May 28, 2020

UNITED STATES The S&P closed above 3000 (+1.5%) on Wednesday for the first time in 3 months supported by hopes of a faster economic recovery and despite the new route…

 

Boris Johnson Faces More Questions Today

May 27, 2020

UNITED STATES The S&P 500 index trimmed its gains amid U.S, – China tensions, the index closed at an 11-week high as it rose 0.6% and added 1.2% on Tuesday.…

 

German Ifo Index Rises for May as Economy Entered…

May 26, 2020

UNITED STATES Futures for US stocks were about 2% up on Tuesday indicating a strong resumption to trading having been closed on Monday for Memorial Day. Indices had closed in…

 

China Dropping GDP Target

May 22, 2020

UNITED STATES The market started the day on a weaker note, with equities extending the declines of yesterday as the US-China tensions continue escalating. President Trump has accused China to…

 

BoE Considers Negative Rates as First Negative Yielding Gilt…

May 21, 2020

UNITED STATES US stock market appreciated on Wednesday supported by hopes on further stimulus measures by the FED. Minutes that came out yesterday showed that FED was ready to give…

 

Rushi Sunal Says UK’s Optimistik Outlook Are Misplaced

May 20, 2020

UNITED STATES After Wall Street digested hours of congressional testimony from the Federal Reserve Chairman Jerome Powell and U.S. Treasury Secretary Steven Mnuchin and parsed earnings reports from major retailers,…

 

France and Germany Announce EUR 500 Billion Rescue Package…

May 19, 2020

UNITED STATES US stocks were sharply higher on Monday following progress in the Morderna coronavirus vaccine trials and more upbeat remarks by Fed Chair Jerome Powell over the growth prospects…