Market wrap-up: a wave of profit-taking dominates today's trading
American stock markets fell today, as European stock indices witnessed a significant decline due to fears of a second wave of the Coronavirus pandemic. This potential return to crisis levels of infection could delay the global economic recovery that has been anticipated – or hoped for – in second half of the year.
The Week ahead: Nonfarm payroll Numbers and both BoE & RBA meeting
3 May 2020 02:38 PM |When America’s nonfarm payrolls data reveal how much destruction the pandemic has left in its wake, calmness that has encompassed global markets lately will be put to the test next week.
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Can central banks do any more ahead of their regular meetings next week?
26 Apr 2020 02:55 PM |It’s been a chaotic two months for central banks around the world as most have held at least one emergency meeting since the coronavirus crisis. Hence, next week’s regular scheduled meetings of the Federal Reserve (FD), European Central Bank (ECB), and the Bank of Japan (BoJ) will likely not elicit anything new.
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The week ahead: Reality check with upcoming PMIs and earnings season
19 Apr 2020 04:41 PM |The upcoming week could make or break global equities and the demand for safe haven currencies. With the worst of the pandemic now behind Europe and the US also approaching a peak, Wall Street bulls have turned their sights towards when economies will re-open.
Daily Wrap: Gold prices flying high with stocks rising, and US dollar falls against currencies
14 Apr 2020 06:30 PM |Gold prices rose significantly to touch their highest levels since November 2012, taking advantage of the demand for a safe haven
RBA stands firms at April meeting amid global QE forays
7 Apr 2020 03:04 PM |The Reserve Bank of Australia (RBA) left the cash rate unchanged at a record low of 0.25 percent during its April meeting as the country grapples with the economic fallout from the COVID-19 outbreak.
Daily Wrap: Mixed feelings in financial markets
6 Apr 2020 07:39 PM |There’s no shortage of volatility at the start of the week, or over-confidence for that matter, as stock markets jump on some relatively promising numbers in recent days.
Will U.S. jobs reflect the full impact of the spread of the Coronavirus?
3 Apr 2020 01:17 PM |Today non-farm employment data will be issued in the United States which is expected that to reflect the full impact of the coronavirus outbreak, especially given that the US
Divided EU members during the pandemic cast a shadow on the old continent
2 Apr 2020 01:44 PM |The COVID-19 pandemic outbreak is the biggest crisis the old continent has had to face since Hitler started the second world war. The human and economic toll has reached levels that were unimaginable just a few weeks ago
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