Texas and Florida Halt the Process of Reopening Their…

June 26, 2020

UNITED 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, 2020

UNITED 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, 2020

UNITED 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, 2020

Last 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, 2020

UNITED 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, 2020

UNITED 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…

 

Brazilian Real Slides Further as Treasury Secretary Resigns

June 16, 2020

UNITED STATES US stocks closed higher on Monday as the Fed announced an expansion of the scope of its $750 billion corporate debt loan facility. The NASDAQ led gains, up…

 

US Stocks Rebound but Close the Week in Red

June 15, 2020

UNITED STATES Friday saw US stocks rebound from Thursday’s tumble but the recovery was not enough to close the week in the green. The DOW led gains, up 1.90% on…

 

US Equity indices fall the most since March amid…

June 12, 2020

UNITED STATES The markets have decided to remind us that March was not that long ago, plunging by the most in a day since the COVID selloff. S&P 500 traded…

 

FED Decision, Powell Speech

June 11, 2020

UNITED STATES During its meeting on Wednesday, FED left the rate unchanged at 0-0.25% and projected the benchmark to stay near zero at least until the end of 2022. The…