US stocks futures continue rising, completing last week's movement
With the beginning of the week’s trading, stock futures in the United States continued the bullish movement of last week, when Dow Jones rose from 25800 at the time of writing, the Dow Jones has increased by more than 375 points, and the S&P 500 and Nasdaq futures are also trading at higher levels.
The Week ahead: Flash PMI surveys ahead of second wave of Covid-19 Spell
21 Jun 2020 11:41 AM |Data releases in the coming week will be scrutinized eagerly for clues on the length and depth of recessions caused by the Covid-19 pandemic, most notably the flash PMI updates for the US, Europe and Japan due on Tuesday.
What awaits us this week after the huge fluctuation in the markets last week?
14 Jun 2020 04:22 PM |The market volatility was driven by panic in the markets after the US Federal Reserve announced its somber forecast of the US’s economic recovery post the Covid-19 pandemic. The Fed indicated that the US economy may contract by 6.5% this year and the economic recovery from the Covid-19 pandemic-induced recession would be a slow one, with interest rates remaining very low until 2022, while maintaining its pro-economic policies.
Fed expects rates to remain close to zero until 2022
11 Jun 2020 05:02 PM |The Federal Reserve kept interest rates close to zero on Wednesday evening, and indicated that they will remain as they are until the American economy recovers from the coronavirus pandemic. Fed Chair Jerome Powell said that there is no plan to raise interest rates, with supporting the economy the priority – and that recovery will take some time.
What can we expect from the Fed this evening?
10 Jun 2020 03:50 PM |The Federal Reserve is meeting for the second day in a row and its decision on interest rates is scheduled to be announced this evening at 18:00 BST. This is a vital macroeconomic indicator of expectations for the US economy.
How will US nonfarm payrolls move the market?
4 Jun 2020 06:19 PM |Recent weak US economic data have been mostly ignored by the market, under the logic that the powerful stimulus plans from governments and central banks will set the stage for a quick recovery and the carnage has been signaled well in advance.
UK Economic Study: COVID-19 Cast Shadows on the Brexit deal
12 May 2020 07:09 PM |Politicians and commentators have mixed feelings over whether Britain should, in the wake of the pandemic, stay allied to EU rules for a longer period.
Economies preparing to reopen: markets are watching and waiting
11 May 2020 03:50 PM |Markets and economies around the world continue to suffer from the spread of the coronavirus with statistics showing the extent of the negative impact in what is possibly
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