DOW Closes Lower, But 6% off Record High
August 19, 2020U.S stocks indexes did finish off the day on Tuesday, mostly in record territory, despite continued wrangling between Democrats and Republicans over further fiscal stimulus packages and concerns about how…
Belarus Bonds Sell off Amid Continued Protests
August 18, 2020UNITED STATES A rally in tech shares sent the NASDAQ to yet another record close on Monday despite the stalling of talks over the next stimulus package. The NASDAQ’s 1.00%…
Israel and the UAE: a Historical Breakthrough
August 14, 2020UNITED STATES US Treasury curve steepening was at the front of investors’ minds this week as the impressive selloff in the long end UST continues. 30Y US Treasuries widened another…
Strong US CPI Numbers Pushed S&P 500 to a…
August 13, 2020New 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, 2020Investors 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, 2020UNITED 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, 2020UNITED 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, 2020UNITED 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, 2020UNITED 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, 2020UNITED 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…