Markets Update Wednesday 02/12/2020 – Great Britain first

Frankfurt – 02/12/2020 Great Britain first A weak US dollar and on the other side, a strong euro in the foreign exchange market weighed differently on the international stock markets today. While the strong euro mainly negatively impacts European companies, the weak greenback primarily supports exporting US companies. Trade with the Best UK Forex Brokers The other most important news, …

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Markets Update Tuesday 01/12/2020 – Year-End-Rally

Frankfurt – 01/12/2020 Year-End-Rally Strong economic and industry data from China and the USA, as well as new hopes for early approval of the corona vaccines, stimulated the buying mood of investors on the first trading day of December. US Markets at a glance Things started looking up again on Wall Street, but especially for the NASDAQ. The Dow Jones …

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Markets Update Monday 30/11/2020 – November, a month to remember

Frankfurt – 30/11/2020 November, a month to remember Although most of the indices were down slightly today, November turned out to be a very profitable month on the stock market. The bulls on the stock market-focused entirely on the progress of the vaccine and pushed the markets higher and higher, in some places to new all-time-highs. The latest advances made …

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Markets Update Friday 27/11/2020 – The Holiday Effect

Frankfurt – 27/11/2020 The Holiday Effect Investors can hope for the “Thanksgiving effect” next week. On Wall Street, the days before and, in particular, after Thanksgiving is characterized by abnormally high returns on a statistical average. On the stock market, the phenomenon is also well known under the keyword “holiday effect”. Today, there has often been a significant upturn, even …

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Markets Update Tuesday 24/11/2020 – No more Trump Party

Frankfurt – 24/11/2020 No more Trump Party Investors are also reacting with joy to the news that an orderly transition to the Biden government is looming in the White House as a result of Donald Trump’s yielding. The stock market is also pleased about this because it hopes that this will speed up the process of an economic stimulus package. …

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Markets Update Thursday 19/11/2020 – Wait and See

Frankfurt – 19/11/2020 Wait and See There is not much news to report that concerns the financial markets today. Investors and traders are still caught in the field of tension between the current corona situation and the existing restrictions and, on the other hand, the vaccine hopes of several enterprises. The simple conclusion of this situation, at least on today’s …

from Engine Forex https://engineforex.com/markets-update-thursday-19-11-2020-wait-and-see/
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Markets Update Wednesday 18/11/2020 – Unified Undecidedness

Frankfurt – 18/11/2020 Unified Undecidedness The stock markets are still rumbling, looking for a clear direction: The hopes of being able to access an effective vaccine against the coronavirus soon support the hope and fantasy of the investors. On the other hand, there is the immediate situation in many countries of the world, where restrictions and often severe cuts in …

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Markets Update Tuesday 17/11/2020 – Where to?

Frankfurt – 17/11/2020 Where to? Global stock markets remain caught between vaccine hopes and Covid-19 lockdown. After reaching new highs on Wall Street, for example, on Monday, markets ran out of steam today.  Profit-taking was the order of the day, as well as the realization that the global economy is in no way out of the crisis. Central bankers also …

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Markets Update Monday 16/11/2020 – The Dream of Normality

Frankfurt – 16/11/2020 The Dream of Normality The race for a Covid-19 vaccine accelerates and, just in time for the start of a new week on the stock exchange, is once again inspiring traders around the globe. After vaccine researcher Moderna reported on a 94 per cent efficiency of his Covid-19 vaccine in the early European afternoon, the mood on …

from Engine Forex https://engineforex.com/markets-update-monday-16-11-2020-the-dream-of-normality/
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Markets Update Friday 13/11/2020 – The Race for a Cure

Frankfurt – 13/11/2020 The Race for a Cure This week was filled with news about a potentially soon available vaccine for COVID-19. Multiple biotechs and big pharma enterprises came out spilling hopes that this nightmare we’re living in right now could soon be over. Thanks to the pharma-gods, and in tandem, the governments that have forced rigorous and unwarranted restrictions …

from Engine Forex https://engineforex.com/markets-update-friday-13-11-2020-the-race-for-a-cure/
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