Turkey posts budget surplus in November

December 15, 2020

US stocks closed mixed on Monday as New York and parts of Europe tightened COVID-19 restrictions even as a vaccine rolled out in the US. The DOW retreated from an…

 

Ghana Likely to Look to the Capital Markets In…

December 9, 2020

S&P 500 futures ticked higher after the benchmark closed at an all-time high gaining 0.3% on Thursday, boosted by positive vaccine news and seeming progress on U.S. stimulus talks. The…

 

South Africa GDP rebounds in Q3

December 8, 2020

The NASDAQ inked yet another record on Monday albeit in a depressed session for stocks amid continued delays in the next US stimulus package and increasing COVID-19 cases. The NASDAQ…

 

Eventful week with OPEC meeting and Non-Farm payrolls

November 30, 2020

We start this eventful post US holiday week with a Cyber Monday and futures pointing sightly down. It is a big week for US data with November jobs report on…

 

Weak data from US pushed the markets lower

November 26, 2020

US stocks traded lower on Wednesday as the jobless claims data and household incomes came below expectations: initial jobless claims rose for the second consecutive week – 778k vs 730k…

 

Investors Overlook Ivory Coast’s Political Upheaval to Chase Higher…

November 25, 2020

Futures in New York climbed 1.4% after closing at an eight-month high. Overnight, we witnessed the Dow Jones Industrial Average rose 1.4% to close above 30,000 for the first time,…

 

Bank stocks higher as Turkey eases lending rules

November 24, 2020

US stocks closed higher on Monday on reports that former Fed Chair Janet Yellen could become the Biden administration Treasury Secretary and positive results from the AstraZeneca COVID-19 vaccine. The…

 

EU stimulus delayed after Hungary and Poland veto the…

November 20, 2020

The nervousness in markets, spurred by the renewed public health restrictions around the world, dominated the sentiment yesterday, leading to profit-taking emerging in risk assets. Japan and South Korea raised…

 

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…

 

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…