Market Focus Diplomatic tension continued to escalate between China and US, where Beijing ordered the US to shut a consulate in Chengdu in an eye-for-an-eye retaliation. The Chinese Ministry of Foreign Affairs said Friday that the consulate’s closure was …
Daily Market Analysis Market Focus U.S. stocks are push higher after the Congress is negotiating a new stimulus plan, and most importantly European Union leaders have agreed to support the virus- damaged regions. Along with the financial supports, the U.S. …
Daily Market Analysis Market Focus US stocks advanced to the highest since February as investors were confidence on potential virus vaccine development. On the other hand, former Fed Chairs Yellen and Bernanke were not so optimistic on US economy …
Weekly Analysis Market Wrap (Weekly Basis) EURUSD It has been a choppy week for EURUSD, but it still managed to push its price higher over the past week, growing from 1.1300 region to 1.1443 and heading to its best level …
Daily Market Analysis Market Focus Technology shares pushed U.S. stocks lower for the first time in three days after investors rotated out of this year’s top performers. Treasuries gained with American initial jobless claims posting their smallest weekly decline …
Daily Market Analysis Market Focus US equity index are riding on positive news from biotech company Moderna Inc., where it reported promising trial result. The vaccine developments brought a rush of optimism to the financial markets that have struggled to …
Daily Market Analysis Market Focus US stocks posted their biggest gain in more than a week amid a late session surge, led by rallies in the energy, materials, and industrial sectors. The dollar weakened to an almost five-week low and …
Daily Market Analysis Market Focus US stocks declined after the S&P 500 briefly touched the highest level since the coronavirus pandemic sent markets tumbling worldwide in March. Major US equity index suddenly stumbled during late US session on signs that …
Weekly Analysis Market Wrap (Weekly Basis) Gold Gold relentlessly surged to its highest level at $1818 since September of 2011. Global investors were bulking their position on safe-haven assets, such as government bond and value preserving metals. Large fund …
Market Focus US equity market turned south on concerns that resurgence in coronavirus cases will lead to second wave of lockdown across US, which is distinct possible as Fauci mentioned on Wednesday ‘any state that is having a serious …
