Frankfurt – 16/06/20 Stimulated Last week, the Fed’s gloomy economic outlook had accelerated the stock market slide. Now it is the central bank, of all people, that is stopping the series of losses on the stock markets by announcing new injections of liquidity. As already reported in yesterday’s Markets Update, the Fed is expanding its bond purchases, and the Trump …
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Frankfurt – 15/06/20 Trillion-dollar bounce A new coronavirus outbreak in Beijing at the beginning of the week heightened the concerns of investors on the stock market about a new wave of infection. In addition to the economic discussions on how to overcome the crisis, medical aspects are thus once again increasingly attracting investors’ attention. At the latest since new contagions …
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Cryptocurrencies are increasingly being adapted in many countries around the globe. However, on the African continent, people’s interest in Bitcoin & Co. is far above average. A study has now taken a closer look at the possible crypto-future of Africa. Cryptocurrencies are becoming more and more popular in the middle of society and the corporate enterprise world. This trend is …
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Frankfurt – 12/06/20 Crossroads Investors are caught between hope and fear – between the liquidity boosts provided by central banks and recessionary fundamentals. After the cautious tenor of the US Federal Reserve and rising corona case numbers in the US, investors fled back to the defensive towards the weekend – although not everywhere. Fears of a second wave of corona …
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Frankfurt – 11/06/20 Second wave of fears The Fed’s gloomy economic forecast from the previous day scared investors and triggered a drastic slide in prices today. The corona crisis will put a heavy burden on the economy, the labour market and inflation, warned Fed Chairman Jerome Powell. There were considerable economic risks. “This is the biggest economic shock we can …
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Frankfurt – 10/06/20 “No new Great Depression” The US Federal Reserve did not come as a surprise at its press conference today on the last meeting. As expected, the US Federal Reserve has not touched its key interest rate. It remains in a range of zero to 0.25 per cent, according to a statement by the Fed after its interest …
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Frankfurt – 09/06/20 Exhaustion Over the past eleven trading days, many of the global indices have staged an impressive recovery rally, driven by optimism about the easing measures from the corona crisis and numerous aid programs from central banks and governments. However, the crisis is not yet over, even if other data indicate a recovery. Therefore, it didn’t come as …
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Frankfurt – 08/06/20 Flight-mode The bears made a first delicate attempt today to disrupt the stock market party that has been going on since May. The latest rally continues to be driven by the great hope of a rapid recovery of the economy after the crisis. In any case, the stock market has already given a lot of advance praise …
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For a long time, the precious metal platinum was considered a luxury variant or enhancement of gold. In recent years, however, this order was no longer correct, at least not in terms of price, because platinum was in ever-decreasing demand, especially from the automobile industry, and thus lost considerable importance. Therefore, the question now arises: does it make sense to …
from Engine Forex https://engineforex.com/platinum-trading-all-you-need-to-know/
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Facebook’s Libra plans have startled Beijing. But now China is setting the pace: its digital currency is to replace cash. Pilot tests are already underway in four major cities. China has been testing its planned national digital currency for several weeks. According to the state news agency Xinhua, the research institute for the digital currency of the Chinese central bank …
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