Daily Market Updates 30.12.2020
Wednesday 30.12.2020 Asian Session Asian shares rose sharply today after the announcement of the National Bureau of Statistics that said that China’s GDP last year rose only 6.0% to…
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Lawmakers agree to USD 900 billion stimulus package aiding individuals and small businesses affected by pandemic
Weekly Market Update (December 21 – December 25, 2020) Lawmakers agree to USD 900 billion stimulus package aiding individuals and small businesses affected by pandemic On Monday, Major United…
UK – EU agree to post-Brexit trade deal extension as the two sides are “still very far apart” on key issues
Weekly Market Update (December 14 – December 18, 2020) UNITED KINGDOM London stocks were set for a muted open this week after the deadline for Brexit talks was extended.…
Long way to go on Brexit trade talks as Britain feels that EU’s trade deal offer ‘remains unacceptable’
Long way to go on Brexit trade talks as Britain feels that EU’s trade deal offer ‘remains unacceptable’ On Monday, the Nasdaq increased 0.5% due to strength among growth…
Stocks continue to build on their November gains heading into final month of turbulent 2020
Stocks continue to build on their November gains heading into final month of turbulent 2020 This was a week that saw stocks edge higher, as the market’s historic rally…
Stocks Rally on Lowering Political Risk with GSA Announcement
Stocks Rally on Lowering Political Risk with GSA Announcement UNITED STATES In the United States, benchmarks reached new records on vaccine and political optimism. A new round of Covid-19…
Numerous sector recoveries with ongoing positive vaccine and economic news
Numerous sector recoveries with ongoing positive vaccine and economic news On Monday, with the ongoing positive vaccine news, investors continued to shift funds into cyclical and value. Moderna biotechnology…
Weekly Market Updates 23.11.2020
Monday 23.11.2020 Asian Session Asian stocks jumped higher today, with a broad regional index reaching a record high amid hopes for the fast progress of the coronavirus vaccine, however,…
Vaccine Breakthrough Raises Market Sentiment
Weekly Market Update (November 09 – November 13, 2020) Vaccine Breakthrough Raises Market Sentiment On Monday, Pfizer announced that their small COVID-19 vaccine trial had a 90% efficacy rate…
Daily Market Updates 18.11.2020
Asian stock markets were mixed on today’s trading session after US equities dropped
Daily Market Updates 17.11.2020
According to Goldman Sachs Asia Pacific stocks will give approximately 18% returns within 2021
U.S. Presidential elections and rising Covid-19 cases steal the headlines in October 2020
The markets were strongly dominated by two primary factors. The first being the upcoming US Presidential elections and the second being the resurgence of Covid-19 across many countries on the…
Leading the week are Strong sector gains and Positive economic news
On Monday, investors showed renewed confidence in cyclical stocks and bought into the dip from the previous week, thus pushing the S&P 500 up by 1,2%. October also saw the…
Daily Market Update 11.11.2020
Hong Kong-listed shares of Chinese tech giants Alibaba and Tencent dropped 8.28% and 5.63%
Stocks fall on Big Tech earnings hangover and record Covid cases
On Monday, The Nasdaq dropped 1.6%, the S&P 500 fell 1.9% and the Dow Jones was down 2.3%. These major indexes were hit after daily new coronavirus case were at…
The soap opera around a pre-election fiscal stimulus continues
On Monday, all major indexes declined due to pessimism around fiscal stimulus with the S&P 500 down 1.6%, the Nasdaq was fell 1.7% and the Dow Jones dropped 1.4%.
Uncertainly continues amid ‘The COVID Fog’
Some political uncertainty was removed after President Trump essentially recovered from the coronavirus.
High volatility with ongoing fiscal stimulus talks
Stocks climbed last week, with the S&P 500 recording the best weekly rise since early July.
Daily market Updates 14.10.2020
Southeast Asian equities have underperformed the broader regional markets throughout this year
Daily Market Updates 13.10.2020
The trading in Asian equities halted today due to Typhoon Nangka, while other Asia-Pacific markets were mixed.