Opinion – Thursday 23 July 2020

U.S Indices closed higher for the fourth consecutive trading session on vaccine news. Pharmaceutical company Pfizer and its biotechnology partner BioNtech have announced an agreement to sell 100 million doses of the Coronavirus vaccine to the U.S. Government. The...

Opinion – Wednesday 22 July 2020

European Indices rose but closed well off their early morning highs after EU Leaders finally agreed a Euro 750 billion Recovery Fund following four days of marathon talks. The Euro soared on this news closing at its highest level in 18 months, since January 2019 at...

Opinion – Tuesday 21 July 2020

U.S and European Indices closed higher yesterday, helped by a combination of vaccine optimism and the fact that the EU Leaders agreed on Euro 750 billion Recovery Fund, with 390 billion given by way of grants and the balance by a low Interest loan. Earlier, ECB...

Opinion – Monday 20 July 2020

US Indices traded in a narrow range before having a late rally into the close. Markets got a late boost after the National Allergy and Infectious Diseases Director Fauci said he was optimistic a Coronavirus treatment could be ready by this fall. Meanwhile Consumer...

Opinion – Friday 17 July 2020

European Indices closed mixed after ECB President Lagarde said in her virtual press conference following the unchanged announcement in Interest Rates at yesterday’s ECB Meeting, that she will not let Monetary Policy be constrained as she  fights to support the...

Opinion – Thursday 16 July 2020

Following Tuesday’s report showing that Moderna’s COVID-19 vaccine produced antibodies in all parties involved in a Phase 1 trial, Oxford University announced  yesterday that it had generated a positive  antibody and T-cell response in patients, with  results due to...