Biden’s Infrastructure Plan, who will be affected. Joe Biden unveiled what he called a “once-in-a-generation” investment in American infrastructure, promising a nation still struggling to overcome the coronavirus pandemic that his $2tn plan would create the “strongest, most resilient, innovative economy in the world. Speaking at a carpenters’ training center outside of Pittsburgh, where he…
Why Top Economists Are Citing a Higher-Than-Reported Jobless Rate America’s official unemployment rate shows lower than last year’s rate at 6,3 percent while is reading almost the same with 2009 percentage. Top government economic officials are citing nearly 10 percent which is well above the 6,3. Jerome H. Powell, Federal Reserve Chair, Janet…
Futures Rise Ahead of Another Busy Earnings Week Stocks are set to open Monday morning moderately up,as U.S. equities futures rose Sunday evening. Dow Jones Industrial Average futures have gained 52 points, or 0.2%, while S&P 500 futures are up 0.3%. Nasdaq Composite Futures also rose 0.3%. Investors have a week filled with earnings coming…
Weekly Market Update (January 18, 2021 – January 22, 2021) Hawkish market sentiment as European Central Bank indicates it may not use full funds in pandemic emergency bond-purchasing program Europe The STOXX Europe 600 Index finished the week relatively flat, as United States economic stimulus doubts couples with renewed coronavirus concerns held back…
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 European continent as well as the United States.
Global financial markets have been on a positive trend, but market sentiment has not yet fully returned to normal levels, and actual economic activity indicators are still relatively weak, and the momentum for further improvement has slowed.
Investors should be aware that many new cryptocurrency
Recently gold price was within breathing distance from all-time highs near $1920 per ounce since 2011, with bulls controlling well enough the momentum.
The International Monetary Fund (IMF) has published its World Economic projections and outlook for both 2020, 2021.
The virus was first detected in China and it has infected around 185 countries worldwide. Since then, the global economy collapsed like a paper tower.
The price of US oil has turned negative for the first time in history as demand dries due to global oil demand is destroyed as the impact of the COVID-19 outbreak and without a timeline on the end of the lockdown.
Nowadays, gold market has different view in terms of diversity and growth.
After Brazil legal authorities stressed that they must regulate the crypto market …
Twelve events-trends that will mark 2020 were presented by The Economist’s Executive Editor Daniel Franklin.
Brexit postponement, interest rate cut by the US Federal Reserve, trade war tussles and impeachment proceedings are just some of the
European zone still be in some ways vulnerable if we take into consideration that its GDP decrease to 2.9% on 2019 from 4.1%…
Members of the Organization of the Petroleum Exporting Countries (OPEC) and its allies have been resorting to oil supply cuts since early …
Saudi Aramco tops $2 trillion, defying valuation sceptics Saudi Aramco has secured its position …
In January 2018, the European Securities and Markets Authority (ESMA), Europe’s …
Australia is the thirteenth largest economy in the world in terms of nominal GDP, yet the Australian …