Opinion – Thursday 26 November 2020

Weak labour market data weighed on markets yesterday, closing lower, led by the Dow which closed 0.58% in the red. A miss on the closely watched jobs data weighed on markets in the afternoon as Jobless Claims rose again last week, hitting the highest level in five...

Opinion – Wednesday 25 November 2020

Equity Markets continued their positive start to this holiday-shortened week, finishing the day higher, with the Dow and S&P closing at new all-time highs. The Trump administration called on the General Services Administration to assist in the formal transition...

Opinion – Tuesday 24 November 2020

As speculated yesterday, Vaccine optimism boosted markets once again, which finished the day higher, led by Dow which gained 1.13%. We got more positive news on a vaccine. Operation Warp Speed Chief Moncef Slaoui said the U.S. hopes to begin administering Coronavirus...

Opinion – Monday 23 November 2020

U.S. Equity markets fell to end a choppy week on Friday, led by the Dow which closed lower by 0.75%. Indices were mixed throughout much of the day before a late-sell-off in the last 20 minutes of trading. There was positive vaccine news, after Pfizer and BioNTech said...

Opinion – Thursday 20 November 2020

U.S. Equity Markets snapped a two-day losing streak, finishing the day higher, led by the NASDAQ which closed higher by 0.76%. U.S Indices sold off in the morning on worse-than-expected jobs data. Jobless Claims rose unexpectedly, marking the first increase in five...

Opinion – Thursday 19 November 2020

U.S. Equity Markets bounced around as investors digested more vaccine headlines before selling off into the close in what turned out to be a volatile trading session. Both the S&P and Dow led the decline, closing lower by 1.16%. Markets initially rallied after we...