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…
European Equities Tumble, Wall Street To Decline, House…
[caption id="attachment_366032" align="alignleft" width="300"] Bill Vote[/caption] US economic support bill vote, BOC’s interest rate decision in focus as the trading session comes to close for the week. Summary: Global equities are closing for the week…
MARKET WRAP: Nerves before US jobless claims &…
Nerves before US jobless claims & Bank of England [caption id="attachment_364414" align="alignleft" width="300"] Trading nerve after European open[/caption] European markets have opened with a softer tone on Thursday. There are some nerves before the release…
MARKET WRAP: Stocks Post Biggest Gain in Decades…
Stocks post the biggest gains in decades on ‘stay home’ and stimulus hopes [caption id="attachment_363705" align="alignleft" width="300"] Stocks post biggest gains[/caption] European shares just posted the biggest daily gains since 2008. In Wall Street, it…
European Equities Decline on Trump’s Travel Ban, Wall…
[caption id="attachment_365563" align="alignleft" width="300"] Trump’s Travel Ban[/caption] Oil tumbles as UAE join Saudi Arabia in boosting crude output, Trump’s travel ban on Europe for 30-days and lack of details on testing policy brings forth a…
European Equities Recover on BOE Cues, US Inflation…
[caption id="attachment_365522" align="alignleft" width="300"] BOE interest rate decision[/caption] Global equities turned sour on dovish cues from the US, the latest developments in the UK on budget, and BOE rate decision helped improve risk sentiment. Summary:…
