Daily Market Wrap, December 22

US President Donald Trump threatened to not sign the $892 billion coronavirus relief bill, saying it should be amended to increase the amount in the stimulus checks. Failure to either pass another stopgap bill or override a possible Trump veto of the legislation could...

Weekly Market Wrap, December 14-18

US All major US indexes reached record highs last week in anticipation of a fresh fiscal stimulus package and a speedy vaccine rollout. Nasdaq and S&P 500 grew an impressive 3.1% and 1.3% respectively, while the Dow Jones Industrial Average climbed a modest 0.4%....

Weekly Market Wrap, December 7-11

US –  In regard to the US equities, all major indexes hit new highs on Wednesday but pulled back to end the week (Dow closed -0.6%, S&P 500 closed -1.0% and NASDAQ closed -0.7%). The energy sector performed well as Brent oil prices crossed USD 50 per barrel...

ECB Meeting December 2020

“MORE STIMULUS AS SECOND WAVE CHOKES” The European Central Bank (ECB) will be expected to release additional support for the eurozone as economies struggle to cope with a second coronavirus wave. The ECB will be revealing its latest economic projections...

MARKET MOVERS

CW 42 AND CW 43 In a market where core fundamentals such as supply and demand, or substantial news cannot be identified as key market drivers, it is apparent that investment decisions are currently based on insubstantial headlines, and a gigantic bubble of hope...