Opinion – Wednesday 15 July 2020

Better than expected earnings from JP Morgan helped the Dow to rally and finally close above its 200 Day Moving Average in what turned out to be an extremely choppy trading session. CEO Jamie Diamond said that the bank ended the Quarter with significant earnings...

Opinion – Tuesday 14 July 2020

European and U.S Indices extended their overnight gains on the hope that a proper vaccine will be in place by the end of this year and distributable on a mass scale in early 2021. Vaccine approval would be great for global equity markets as individuals everywhere...

Opinion – Monday 13 July 2020

US Indices closed the week on a high helped by optimism over Coronavirus treatments and vaccines. German BioNTech said its Coronavirus vaccine being developed with Pfizer should be ready for approval in December with over 1 billion doses by end of 2021. In addition,...

Opinion – Friday 10 July 2020

The diverse U.S Equity Market got even more fractured yesterday with the NASDAQ closing 0.8% higher at 10,755, which is another new all-time closing high. On the other Hand, the Dow fell 360 points, to close 1.38% lower at 25,706. The NASDAQ Market has now closed...

Opinion – Thursday 9 July 2020

European Indices ended the day lower in a volatile trading session after ECB President Christine Lagarde told the Financial Times that the Central Bank was unlikely to ease Policy further at next week’s meeting. Adding to the gloomy picture was comments from Italian...

Opinion – Wednesday 8 July 2020

European Indices ended the day lower. Bank shares led the declines after it was reported the ECB were said to considering asking banks to withhold dividend payments for longer, to ensure they have plenty of capital to deal with the Coronavirus stress. The DAX closed...