Economic activity in Europe entered contractionary territory in October according to the IHS Markit Purchasing Managers Index (PMI), as the continent’s economy starts to feel […]
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Commodities, Energy, Forex, Gold
October 23, 2020
Goldman Sachs Sees Strong Returns from Commodities Next Year
Goldman Sachs expects a bull market in commodities next year and sees 30% returns over the next 12 months from a basket of commodities. “Given […]
Economic News, Federal Reserve, Financials, Forex, Gold, Investments, News
October 22, 2020
US dollar recovers as stimulus talks stall and FBI unveils plot
The US Dollar – as reflected by the US Dollar Index (DXY) – is marching higher this morning after four consecutive days of losses, as […]
Economic News, Federal Reserve, Investments, News
October 22, 2020
JP Morgan Sees Economic Recovery Slowing in the Fourth Quarter
JP Morgan sees economic recovery fading in the fourth quarter after the sharp bounce back in the third quarter. US economy bounced back sharply in […]
Bitcoin, Cryptocurrencies, Economic News, Federal Reserve, Forex, Investments, News
October 21, 2020
Bitcoin moves above $12,000 supported by digital currency chatter
Bulls are taking over Bitcoin this morning, as the price of the cryptocurrency has risen above its $12,000 psychological resistance on the back of increased […]
Earnings, News, Stocks
October 21, 2020
Snap Stock Surges after Stellar Third Quarter Earnings
Snap stock was trading over 24% higher in pre markets today after posting better than expected third quarter earnings. However, Netflix which also reported its […]
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