Congratulations, we’ve made it through 2020! This eventful year is almost over. Let’s take a moment to look back and recall its key events.
It’s difficult to
even start to comprehend how much this expiring year has changed our lives. We
are all wearing masks and washing our hands several times a day now. If someone
told us back in 2019, that we wouldn’t be able to travel or even leave our house,
we would laugh in their face. But we did face the lockdown and spent several
months self-distancing, in isolation.
But apart from the
much-hyped coronavirus, what other key events are worth considering? We believe
that there were more…
2021 begins there are hopeful signs that the markets will continue to recover
this year. A new US president is
promising a return to normalcy and the multi-billion US stimulus package is
expected to provide a modest boost to the economy very soon.
market trends are expected to continue well into 2021. Here are a few to look
January 20, Joseph Robinette Biden Jr. will be sworn in as the 46th president
of the United States.
analysts are predicting that his administration will bring more certainty and
stability to the global economy, and that’s good news for the markets. The
outlook is positive and Wall more…
Have you ever obsessed over a certain brand? A clothing line, tech products, or even a social media platform and wondering how profitable this global company might be? We all hear about investing in stocks, and the few lucky who invested in global stocks at the right time, and have now made a decent amount of profit thanks to their shares, but we simply can’t afford to do the same.
Well, this achievement may not be as
expensive as you’ve imagined. The fact is, you don’t need massive
amounts of money to take advantage of a company’s stock. With CFD
stocks, you can more…
The new corona-virus that originated in China and swept the world has attracted the attention of most people, it had influence on the trend of many financial assets at the same time. Then what is the relationship between different financial assets and the plague?
- Stock indices and individual stocks. As far as the stock index is concern, the essence of stock indices is “multiple stocks in each industry / local currency”. We have noticed that many funds call for “the world belongs to the optimists” and “buy stocks”, but they are not really optimists. During epidemics or wars, the purchasing power more…
News and Data:
- CNY Caixin Manufacturing PMI 51.5 vs 51.7 expected
- US ISM Manufacturing PMI 47.2 vs 49 expected
- US FOMC Meeting Minutes expected to cut interest rate 2 times in 2020
- US ISM Non-Manufacturing PMI 55 vs 54.5 expected
Gold price jumped over $1,600 per ounce this morning upon the news that AL Asad airbase in western Iraq has come under retaliatory attack from Iran. This action is viewed as the direct attack on American forces located in the region. Following the news of the attack, stocks prices dropped but oil and GOLD rose. Gold has bounced back around more…