German stocks benefited from the Pfizer and BioNTech news from the other day concerning the massive success of their developmental vaccine in early trials; namely, the success of the vaccine in preventing symptomatic infections in volunteers. The DAX index is currently about to test a crucially important resistance area that was last reached in the wake of the coronavirus turmoil. Even still, there are [...]
Read full analysisThe most popular currency pair in the world has undergone through several quite turbulent and eventful days recently. Joe Biden's victory in the US Presidential Race was undoubtedly the most fundamentally significant development from last week, which is bound to exert long-lasting impact on the pair. The effect of the new President-elect soothed the stirred stock market but many questions remain uncertain. [...]
Read full analysisWhile the world holds its breath to see who will win the US Presidency, as the outcome of the election still hangs on a knife's edge, the energy market is concerned with one primary issue at the moment. At the time of writing this analysis, Joe Biden has garnered 264 electoral votes and needs only six more to secure his victory. [...]
Read full analysisJust mere hours before the election results from each separate state start pouring in, the stock market is at an impasse. Yesterday, tech stocks were able to recuperate slightly following a massive plunge last week, which is a sign of resistance from the market bulls. Nevertheless, the continuation of the bullish rally is still very much in question. Depending on who wins tonight, the Nasdaq is likely to [...]
Read full analysisThe past several days have been quite tumultuous for the GBPUSD, in light of the reinstated lockdowns in England, and the entry of the final stage of the Presidential race in the US. Even so, the next five days are poised to be even more volatile for the cable. What follows next in the economic calendar is arguably the most eventful week for the entire 2020 with BOE and FED's interest rate decisions [...]
Read full analysisGold continues to be Wall Street's good old and reliable workhorse, in the sense that it maintains its role as the most sought after safe-haven asset. The next few months look like are going to be quite turbulent and eventful, with the US election looming nearer, and the global pandemic continuing to worsen relentlessly. So, the precious metal would most certainly play a pivotal role for investors in surviving [...]
Read full analysisThe German stock market was not even able to recuperate fully from the initial coronavirus crash, and now, the second epidemic wave is already knocking on the door of the biggest economy in Europe. By all accounts, it looks as though it is going to be a very long winter indeed, with the number of confirmed cases expected to continue surging into 2021. Eventually, the German Government is going to be [...]
Read full analysisThe EURUSD appears to be undergoing through another fundamental change – the temporary role of the euro as a safe-haven pandemic currency, which was bestowed upon the single currency during the summer months of this year, is now being challenged. The exponential uptick of COVID-19 cases across Europe has prompted many governments to reimpose stricter containment measures, and many social commentators have [...]
Read full analysisThe turbulent 2020 looks poised to end just like it began – with heightened fears stemming from the coronavirus crisis. Over the past several weeks, the number of confirmed COVID-19 cases has been steadily climbing in Europe, North America, and other parts of the world. Just today, the overall number toppled 40 million with over 1 million deaths. The prospects of a dreaded second epidemic wave now seem [...]
Read full analysisWith less than a month remaining before the pivotal election, the US equity market currently seems to find itself at a crucial make-it-or-break-it juncture. With so many different factors affecting the stock market at present, a catalyst for the next big directional movement could come from any direction. Donald Trump's recent decision to postpone the talks concerning the highly anticipated fiscal [...]
Read full analysisGerman stocks benefited from the Pfizer and BioNTech news from the other day concerning the massive success of their developmental vaccine in early trials; namely, the success of the vaccine in preventing symptomatic infections in volunteers. The DAX index is currently about to test a crucially important resistance area that was last reached in the wake of the coronavirus turmoil. Even still, there are [...]
The most popular currency pair in the world has undergone through several quite turbulent and eventful days recently. Joe Biden's victory in the US Presidential Race was undoubtedly the most fundamentally significant development from last week, which is bound to exert long-lasting impact on the pair. The effect of the new President-elect soothed the stirred stock market but many questions remain uncertain. [...]
While the world holds its breath to see who will win the US Presidency, as the outcome of the election still hangs on a knife's edge, the energy market is concerned with one primary issue at the moment. At the time of writing this analysis, Joe Biden has garnered 264 electoral votes and needs only six more to secure his victory. [...]
Just mere hours before the election results from each separate state start pouring in, the stock market is at an impasse. Yesterday, tech stocks were able to recuperate slightly following a massive plunge last week, which is a sign of resistance from the market bulls. Nevertheless, the continuation of the bullish rally is still very much in question. Depending on who wins tonight, the Nasdaq is likely to [...]
The past several days have been quite tumultuous for the GBPUSD, in light of the reinstated lockdowns in England, and the entry of the final stage of the Presidential race in the US. Even so, the next five days are poised to be even more volatile for the cable. What follows next in the economic calendar is arguably the most eventful week for the entire 2020 with BOE and FED's interest rate decisions [...]
Gold continues to be Wall Street's good old and reliable workhorse, in the sense that it maintains its role as the most sought after safe-haven asset. The next few months look like are going to be quite turbulent and eventful, with the US election looming nearer, and the global pandemic continuing to worsen relentlessly. So, the precious metal would most certainly play a pivotal role for investors in surviving [...]
The German stock market was not even able to recuperate fully from the initial coronavirus crash, and now, the second epidemic wave is already knocking on the door of the biggest economy in Europe. By all accounts, it looks as though it is going to be a very long winter indeed, with the number of confirmed cases expected to continue surging into 2021. Eventually, the German Government is going to be [...]
The EURUSD appears to be undergoing through another fundamental change – the temporary role of the euro as a safe-haven pandemic currency, which was bestowed upon the single currency during the summer months of this year, is now being challenged. The exponential uptick of COVID-19 cases across Europe has prompted many governments to reimpose stricter containment measures, and many social commentators have [...]
The turbulent 2020 looks poised to end just like it began – with heightened fears stemming from the coronavirus crisis. Over the past several weeks, the number of confirmed COVID-19 cases has been steadily climbing in Europe, North America, and other parts of the world. Just today, the overall number toppled 40 million with over 1 million deaths. The prospects of a dreaded second epidemic wave now seem [...]
With less than a month remaining before the pivotal election, the US equity market currently seems to find itself at a crucial make-it-or-break-it juncture. With so many different factors affecting the stock market at present, a catalyst for the next big directional movement could come from any direction. Donald Trump's recent decision to postpone the talks concerning the highly anticipated fiscal [...]