TRUMP CIRCUMVENTS CONBGRESS ON NEW STIMULUS PACKAGE Shares have continued to storm ahead amid lower volatility, even though the news on Covid-19 has hardly given reason for cheer. Reporting season [...]
THE 'FANTASTIC FOUR' Last week everything – or almost everything – revolved around the four giants of the US tech sector: Apple, Amazon, Facebook and Alphabet (parent company of Google). [...]
SOFTER OUTLOOK FOR US AMID PANDEMIC The number of daily cases of Covid-19 in the US is spiralling, which is reducing footfall in stores, leading to the prospect of slower [...]
UNCERTAINTY REIGNING The pandemic is still making inroads. In the US, daily records for new coronavirus cases were broken last week, and India re-confined practically 10% of its population. Meanwhile [...]
POSITIVE MARKET OVERTONES BUT INDICES DRIFT SIDEWAYS New Covid-19 cases are worryingly spiralling, as illustrated by the record-high 60,000 new ones reported in the US. But investors are still seeing [...]
BARRELLING AHEAD Stock markets leapt forward at the opening on Monday, riding the momentum seen last week when the main benchmarks already racked up solid gains. Asian indices were up [...]
PROSPECTS FOR ECONOMIC RECOVERY VS RAPIDLY SPREADING CONTAGION Volatility shot up on equities towards the end of last week, sending share prices down sharply. Investors had to revise their numbers [...]
MARKETS TORN BETWEEN CORONAVIRUS RESURGENCE AND AMPLE LIQUIDITY Financial markets remain in volatile territory, dominated by the tenacity of the coronavirus pandemic worldwide. The headlines have flagged increases in the [...]
CHILLING PROSPECT OF RENEWED OUTBREAKS Investor optimism for a rapid economic recovery is fading, undermined by a string of downbeat statistics and Fed chair Powell’s rather gloomy stance on the [...]
A FORECAST-BUSTING WEEK Economic data turned up sharply in May, while the prospect of more fiscal and monetary splurges is stoking investors’ risk appetites. Last week, cyclical sectors and stocks [...]
