The tightly contested U.S. election puts pressure on the Federal Reserve to deploy even more monetary stimulus to support the economy under a divided government.
An aggressive stock rally that surrounding the election has seen the Dow Jones rally from oversold to overbought territory in mere days. With the election still undecided, where is it headed next？
U.S. service industries expanded in October at the slowest pace in five months as orders and employment cooled, indicating more moderate growth in the biggest part of the economy.
U.S. Treasuries quickly priced in a prolonged outcome that wont be easily unwound.
The Bank of England is poised to announce a new round of monetary stimulus on Thursday with an early morning decision as the U.K. starts another pandemic lockdown.
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Many Forex traders ask what determines the value of a currency, and which are the elements that move with its change in the currency chart.
The U.K.s dominant services sector expanded at the slowest pace since June last month, a sign that the economy was weak even before new coronavirus curbs were introduced.
The US presidential election is held on November 3 (local time) as scheduled. The result may be delayed due to the mail-in voting triggered by the pandemic.
S&P 500 futures are gaining ground in premarket trading while traders wait for the final results of the U.S. presidential election.
Trump thinks he has won and the markets are beginning to think the same. No “Blue Wave” and no repeal of tax bills. It could have been worse…
U.S. stocks capped their biggest two-day rally since September and Treasury yields rose on speculation that Congress will deliver a spending bill once the election is decided. The dollar weakened.
Joseph R. Biden pledged in the debate last week to transition away from the oil industry as the sector has caused serious pollution.
The Italian government is readying new relief funding of at least 1.5 billion euros ($1.8 billion) for businesses affected by coming shutdowns to combat the spread of Covid-19, people familiar with the matter said.
S&P 500 futures are gaining ground in premarket trading as traders hope for a new round of economic stimulus after the U.S. presidential election.
The Global Equity markets are on the move and the bet is for a Blue Wave to deliver unprecedented fiscal support to drive the economic recovery.
The USD/INR pair consolidated its recent gains to the highest level since August 24 and seesawed between tepid gains/minor losses, around mid-74.00s through the early North American session.
Saudis national oil company Saudi Aramco (Aramco) has reported a rather negative financial result for Q3 2020. In its report, the Saudi behemoth stated that its profit in Q3 2020 decreased by 44.6% to Riyal 44.21 billion ($11.79 billion), a steep decline in comparison to the Riyal 79.84 billion ($21.29 billion) for Q3 2019.
Manufacturing expands by a larger than expected rate
Joe Biden has not yet clarified the scandal of his son, Hunter Biden, since it was revealed, which penalizes his approval rating and even push it skewed to the downside.
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