Summing up 2020: Major events of the past year

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…

Trading Trends We Expect in 2021

As 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. 

Other market trends are expected to continue well into 2021. Here are a few to look out for.

Biden-positive markets

On January 20, Joseph Robinette Biden Jr. will be sworn in as the 46th president of the United States.

Market 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…

The greenback still bearish, will the trend continue?

The USD saw some gains during this week as sentiment worsened, but the rally was only mild, and it looks like traders are immediately selling it.

The US Congress has finally approved the new fiscal stimulus, although the amount of 900 billion USD seems fairly low. US President Donald Trump has already said he wants more money for US families, so there could still be some complications.

The Federal Reserve (Fed) seems to be aware of this, pumping an astonishing 120 billion USD into the financial system last week.

During the height of its monetary policy response to the Great Financial Crisis of 2008, the Fed was printing 80 billion more…

Trading the US Election Through the Eyes of an Expert Trader

Every active trader looks for a rise in market volatility for potential opportunities.

That’s why the 2020 US election is one of the most anticipated trading events of the year.  And with less than a week to go, pro traders are preparing in different ways. Technical traders are watching price charts to predict potential market movements, fundamental traders are tracking data points to determine the strength of a particular currency. Whichever way you choose to trade the election, it’s a time for all traders to size up their strategies and risk management tools to make sure they are best positioned to benefit more…

Equities Collapsing Ahead of US Election on November 3

It has been a bad week for worldwide stocks, and most major indices are down by around 5% for the week, with further losses expected over the next days.

But don’t blame it all on the election. Yes, there is some uncertainty building up, especially if Joe Biden wins, but the odds are that each candidate has narrowed to 50/50. Biden’s recently revealed corruption scandal is hurting him, while Trump continues to attract huge crowds in his rallies.

As many keep saying stocks only go up in the long-term, no matter what party reigns or who the president is.

Worse than the election, are COVID-19 more…