Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
Bank of Russia: Non-residents resume purchases of Russian…
In April 2020, the coronavirus pandemic continued to affect the environment in the global market. At the end of the month, markets responded optimistically to the news on gradual easing of restrictions in a range of countries. April recorded a slowdown of capital outflow from the Russian market, and a resumption of purchases of Russian assets in certain segments. These are findings given…
The Real Killer is the Coronavirus-Induced Unemployment
[caption id="attachment_366387" align="alignleft" width="300"] Coronavirus-Induced Unemployment[/caption] Summary: Today, the U.S. Federal Reserve will release a survey confirming the economy is doomed for a long and painful downturn. Chairman Powell said in a webinar at the Peterson…
Global Equities Mixed, Wall Street to Open Flat…
[caption id="attachment_366040" align="alignleft" width="300"] Payroll data[/caption] Disappointing data and geopolitical tensions weigh down risk sentiment. But easing lockdown woes to prevent Wall Street from suffering a major loss. Summary: Major indices and key equities across…
California Dreamin’ of Lockdown End
[caption id="attachment_365984" align="alignleft" width="300"] California lockdown[/caption] California announcing it will start to ease its lockdown by Friday has been a catalyst for a turnaround. Investors have been waiting for the US to follow the same path…
ECB Preview
[caption id="attachment_365819" align="alignleft" width="300"] ECB's Preview[/caption] Summary: We don't expect much from today's meeting. ECB President Lagarde's main goal should be to explain what her strategy is and how she sees the shape of the recovery.…
Global Equities Tumble on COVID-19 Medicine Woes and…
[caption id="attachment_365606" align="alignleft" width="300"] COVID-19 experimental medication trial failure[/caption] COVID-19 experimental medication trial failure and EU disappointing support bill discussion caused risk sentiment to decline. Summary: Global equities tumbled down sharply on conflicting reports surrounding…
Weekly Summary: Oil Crash and Virus Trials
Investors remain focused on the trend of coronavirus cases across the globe. The World Health Organisation (WHO) is seeing different trends in different regions and even within regions. Globally, around 2.7 million cases of COVID-19…
Stocks Rise On U.S. Economy Reopening, Gold Slides
Asian markets ended higher on Friday as hopes for a coronavirus treatment and a gradual reopening of the U.S. economy boosts sentiment. Investors shrug off weak economic data from China. China reported that the economy…
