France and Germany Announce EUR 500 Billion Rescue Package…
May 19, 2020UNITED 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…
Equities Start the Week on Bullish Note Amid Increasing…
May 18, 2020US futures and European and Asian equities are in the green this morning after a challenging week for the equities markets which ended the week in the red. The positive…
Chinese Retail Data and OPEC+ Fall in Oil Production…
May 15, 2020UNITED STATES The weaker tone of the week has continued yesterday for Asia and European sessions, culminating with an almost 2% S%P fall shortly after the US open, as the…
Economic Recovery “May Take Some Time to Gather Momentum”
May 14, 2020UNITED STATES Stock market dropped on Wednesday as Fed Chairman Jay Powell warned investors on Wednesday that an economic recovery “may take some time to gather momentum”. He also mentioned…
UK Suffers Its Worst Ever Recession in Over Three…
May 13, 2020UNITED STATES The UST held on to its gains, while the S&P 500 closed 2% lower owing to comments from the Federal Reserve Chiefs and remarks from a top U.S…
Saudi Arabia and Allies Announce Additional June Oil Production…
May 12, 2020UNITED STATES The S&P and NASDAQ remained in the green for a third successive day while the DOW closed lower in a mixed start to the week for US stocks.…
Italy BTPs Continue Rally as Moody’s Skips Ratings Review
May 11, 2020Asian equity markets trade in the green and the US and European futures are pointing higher today on the back of the reopening of the global economy as more and…
German ConCourt Threatens to Stop Bundesbank from Further ECB…
May 6, 2020UNITED STATES US stocks closed in the green on Tuesday as oil prices rose with the reopening of major economies after the COVID-19 lockdowns. The NASDAQ led gains, up 1.13%…
Turkish Inflation Cools for the First Time Since October
April 8, 2020COVID-19 UPDATE The UK crossed the 55,000 mark on Tuesday with Prime Minister Boris Johnson now in intensive care as his condition has further deteriorated since testing positive on March…
UK Sovereign Credit Downgraded as Coronavirus Hits Key Government…
March 30, 2020COVID-19 UPDATE It took just 7 days for confirmed cases to double last week with over 700,000 infected as at Sunday when there were just over 330,000 last Sunday. Governments…