RISE IN VIRUS CASES DAMPENS VACCINE HOPES FOR GLOBAL…

November 18, 2020

In Wall Street, markets seemed to close lower given how the S&P 500 and Dow Jones Industrial Average closed at records in a rally fueled by progress toward a Covid-19…

 

Stocks surge as Moderna announces successful COVID-19 vaccine trials

November 17, 2020

US stocks were buoyed by the 94.5% success rate in the Moderna COVID-19 vaccine to ink fresh records. The news overshadowed the rising infection rates and hospitalisations currently being seen…

 

The market continues to be balancing between hopes for…

November 16, 2020

This Monday markets are opening in a positive mood supported by renewed hopes for Pfizer’s coronavirus vaccine and positive news from Asia even given continuing rise of new Covid-19 cases…

 

OPEC Meeting.

November 12, 2020

US stocks closed higher on Wednesday, Nasdaq outperformed S&P (+2% vs +0.8%) as technology stocks appreciated after the optimism of vaccine news faded. Due to Veterans Day US accounts were…

 

OIL SEMMINGLY LOOKING TO EXTEND GAINS

November 11, 2020

In Wall Street, the Dow Jones Industrial Average rose 262.95 points, or 0.90% to 29,420.92. The tech rout weighed on the S&P 500 and the Nasdaq Composite, sending them down…

 

Markets open in a positive mood with Biden winning…

November 9, 2020

Democrat Joe Biden wins US elections claiming 270 electoral college votes on Saturday, while Republican appear to have retained control of the Senate with a final runoff votes due in…

 

Biden’s lead is widening, NFP numbers on the horizon

November 6, 2020

While the election saga continued in the US and Trump’s chances of winning keep decreasing with more votes being counted, the markets sustained its positive sentiment on the day, pricing…

 

US Elections

November 5, 2020

All eyes yesterday were on US elections which turned on to be a really close race. Analysts were counting chances of candidates to win in different states and the story…

 

Turkey inflation rises as lira rout continues.

November 3, 2020

US stocks closed higher on Monday despite a sell-off in tech ahead of Tuesday’s elections. The DOW led, up 1.59% while the S&P was 1.23% higher. Tech stocks held back…

 

A crucial week to start with presidential elections, new…

November 2, 2020

We are starting one the most crucial weeks of the year with US elections, Brexit negotiations, surge in corona virus and multiple economic releases including US jobs reports, BoE and…