Opinion – Monday 17 August 2020

U.S Indices recovered from earlier losses to close flat on Friday in a low-volume trading session. Investors weighed stimulus headlines with economic data. Speaker of the House Nancy Pelosi (D-CA) said stimulus negotiations would not restart unless Republicans were...

Opinion – Friday 14 August 2020

Despite a much stronger than expected Weekly Jobless Claims, both the Dow and S&P closed lower. Weekly Jobless Claims fell below 1 million for the first time since March. Continuing Claims, which represent those that have filed for Unemployment for at least two...

Opinion – Thursday 13 August 2020

U.S Indices rebounded from Tuesday’s late sell-off, with vaccine news in focus. Moderna (MRNA) announced that it had received another $1.5 billion from the U.S. government for 100 million doses. And Pfizer (PFE) and BioNTech (BNTX) also said their vaccine data had...

Opinion – Wednesday 12 August 2020

European Indices ended yesterday with solid gains after Russia surprised the markets with an announcement from President Putin that he had cleared the for COVID-19 vaccine for use even though clinical testing has not finished. He hopes to begin mass inoculation in...

Opinion – Tuesday 11 August 2020

U.S Markets opened higher before chopping around with the NASDAQ 100 falling over 200 points before staging a late rally to close just 0.50% lower. Over the weekend, President Donald Trump signed a number of executive orders to extend unemployment insurance benefits,...

Opinion – Monday 10 August 2020

U.S. Indices closed mixed on Friday after Jobs data printed better than expected. July saw 1.7 million jobs added to the economy, according to the Bureau of Labour Statistics. This marked the third straight month that the economy added jobs, after losing more than 20...