The price of gold has skyrocketed over the last several months, as a direct consequence of the bolstered demand for the precious metal. Gold was already finding itself in a bullish market prior to the global outbreak of the novel coronavirus, as we pointed out in our previous analysis on the commodity, and the escalation of the situation only bolstered the prevailing bullish sentiment in the market. [...]
Read full analysisThe market has now had some time to price in the tempestuous employment data in the US and Canada from last week, which has jolted the short term price action on the USDCAD at the end of last Friday's trading session. At present, the pair's price action appears to be subdued, with the underlying market pressures being slightly tilted to the downside. [...]
Read full analysisThe currencies of top economies in the East Pacific region, notably those of New Zealand and Australia, were already put under much strain in the months leading up to the global coronavirus outbreak for a number of reasons. Chiefly, the geopolitical landscape in the region was such that the previously escalating trade war between the US and China was exacerbating the trade difficulties for New Zealand and Australia [...]
Read full analysisThe Walt Disney Company is among the world's leading mass media and entertainment conglomerates, with its main business operations ranging from operating theme parks, producing movies and television programs, as well as recently having entered the world of online streaming with its Disney + program. 'The House of Mouse' undoubtedly has interests in a wide range of business activities, which makes it a very well-diversified multinational [...]
Read full analysisGilead Sciences has become one of the most talked-about companies over the last several weeks, as the Biotech giant's drug Remdesivir, which was originally developed as a medicament against Ebola, is now being used as a treatment for the novel coronavirus with a certain degree of success. [...]
Read full analysisApple and Amazon, which are the last participants of the 'Big Tech' sector to report earnings for the current quarter, are bound to stir heightened price action on their stocks after the market close today, by announcing the pandemic's impact on their performances in Q1. These two reports are anticipated by investors to seal the faith of the US tech industry in the wake of the coronavirus crisis [...]
Read full analysisIn a few short months, the global hierarchy in the financial world has been jolted by the coronavirus pandemic, which has drastically hindered the top echelons of the industry and the financial giants there. Microsoft has surpassed Apple as the company with the biggest market cap in the world after the latter's operations were severely distorted by the ripples caused by the national lockdowns of economies worldwide. [...]
Read full analysisSimilarly to the stocks of other companies, we have already analysed during the current earnings season, Facebook is a particular type of an internet-based, technology company that is most likely going to benefit from heightened users' retention during the coronavirus pandemic. As more and more people globally are forced to stay in their homes and avoid contact with other individuals, the amount of time they spend on social media [...]
Read full analysisAlphabet Inc., which is one of the world's largest corporations and also the parent company of the Google search engine, is reporting quarterly earnings on Tuesday, and investors are eager to see how the multinational conglomerate is faring during the coronavirus pandemic. The company would be reporting earnings for Q1 of 2020, which ended in March. [...]
Read full analysisIn the Forex market, the Euro and the Dollar are the two go-to currencies, which investors and traders scramble to when there is general uncertainty. Whenever the operations of the global economy are jeopardised by an external factor, such as the case now with the coronavirus pandemic, the demand for safe-havens is bolstered tremendously. [...]
Read full analysisThe price of gold has skyrocketed over the last several months, as a direct consequence of the bolstered demand for the precious metal. Gold was already finding itself in a bullish market prior to the global outbreak of the novel coronavirus, as we pointed out in our previous analysis on the commodity, and the escalation of the situation only bolstered the prevailing bullish sentiment in the market. [...]
The market has now had some time to price in the tempestuous employment data in the US and Canada from last week, which has jolted the short term price action on the USDCAD at the end of last Friday's trading session. At present, the pair's price action appears to be subdued, with the underlying market pressures being slightly tilted to the downside. [...]
The currencies of top economies in the East Pacific region, notably those of New Zealand and Australia, were already put under much strain in the months leading up to the global coronavirus outbreak for a number of reasons. Chiefly, the geopolitical landscape in the region was such that the previously escalating trade war between the US and China was exacerbating the trade difficulties for New Zealand and Australia [...]
The Walt Disney Company is among the world's leading mass media and entertainment conglomerates, with its main business operations ranging from operating theme parks, producing movies and television programs, as well as recently having entered the world of online streaming with its Disney + program. 'The House of Mouse' undoubtedly has interests in a wide range of business activities, which makes it a very well-diversified multinational [...]
Gilead Sciences has become one of the most talked-about companies over the last several weeks, as the Biotech giant's drug Remdesivir, which was originally developed as a medicament against Ebola, is now being used as a treatment for the novel coronavirus with a certain degree of success. [...]
Apple and Amazon, which are the last participants of the 'Big Tech' sector to report earnings for the current quarter, are bound to stir heightened price action on their stocks after the market close today, by announcing the pandemic's impact on their performances in Q1. These two reports are anticipated by investors to seal the faith of the US tech industry in the wake of the coronavirus crisis [...]
In a few short months, the global hierarchy in the financial world has been jolted by the coronavirus pandemic, which has drastically hindered the top echelons of the industry and the financial giants there. Microsoft has surpassed Apple as the company with the biggest market cap in the world after the latter's operations were severely distorted by the ripples caused by the national lockdowns of economies worldwide. [...]
Similarly to the stocks of other companies, we have already analysed during the current earnings season, Facebook is a particular type of an internet-based, technology company that is most likely going to benefit from heightened users' retention during the coronavirus pandemic. As more and more people globally are forced to stay in their homes and avoid contact with other individuals, the amount of time they spend on social media [...]
Alphabet Inc., which is one of the world's largest corporations and also the parent company of the Google search engine, is reporting quarterly earnings on Tuesday, and investors are eager to see how the multinational conglomerate is faring during the coronavirus pandemic. The company would be reporting earnings for Q1 of 2020, which ended in March. [...]
In the Forex market, the Euro and the Dollar are the two go-to currencies, which investors and traders scramble to when there is general uncertainty. Whenever the operations of the global economy are jeopardised by an external factor, such as the case now with the coronavirus pandemic, the demand for safe-havens is bolstered tremendously. [...]