Stocks Go Lower Due to Brexit Stalemate and Resurgent COVID-19

Stocks Go Lower Due to Brexit Stalemate and Resurgent COVID-19

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On Thursday, global shares fell as restrictions were tightened by governments across Europe for battling an increasing second wave of coronavirus infections, slowing down the process of economic recovery. In early trading, for the...
Sterling Bounces on Hope of Brexit Talks

Sterling Bounces on Hope of Brexit Talks

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On Wednesday, Sterling rose from the day’s low after a source close to the UK-EU Brexit talks revealed that even though a trade deal is difficult, it is still possible. The source went on...

European Shares Pullback Due to Uncertainty of COVID-19 Vaccine

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On Tuesday, European shares fell after reaching 5-week highs as J&J announced that it was pausing its clinical trials for the COVID-19 vaccine. With increasing doubts about vaccine’s timeline, the shares pulled back and...
Yuan Set for Biggest Fall since March and Dollar Index Rises

Yuan Set for Biggest Fall since March and Dollar Index Rises

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On Monday, China’s yuan fell after a change in the reserve requirement policy of the People’s Bank of China, a move seen as a way to control the appreciation of the yuan. In contrast,...
Better Regulations Needed for Stopping Crypto Tax Evaders

Better Regulations Needed for Stopping Crypto Tax Evaders

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John McAfee is the antivirus software pioneer and also the founder of McAfee Associates. The company is renowned for launching the McAfee VirusScan, the first commercial antivirus software, in the market in the late...
London’s Days as Stock Trading Hub of Europe are Numbered

London’s Days as Stock Trading Hub of Europe are Numbered

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As Brexit draws closer, London has to confront the loss of its role as the undisputed stock-trading hub of all of Europe, which means it is going to lose billions of euros in daily...
Dollar-yen Dip as Stimulus Hopes Boosts Risk-on Mood

Dollar-yen Dip as Stimulus Hopes Boosts Risk-on Mood

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On Thursday, the safe-haven Japanese yen and the dollar both nursed losses, after a revival of hopes for an additional fiscal stimulus in the U.S. gave investor sentiment a boost. In contrast, the New...
EU asks Britain to ‘Put Cards on the Table’ over Trade Deal

EU asks Britain to ‘Put Cards on the Table’ over Trade Deal

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Charles Michel, the President of the European Council, stated that it was time for the United Kingdom to put its cards on the table regarding the trade deal to be followed post-Brexit. The comment...
Sterling Holds at $1.30 as Optimism over Brexit Deal Grows

Sterling Holds at $1.30 as Optimism over Brexit Deal Grows

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On Tuesday, Sterling held steady at $1.30, as indications of progress in Brexit talks helped in cementing gains. Moreover, expectations for when interest rates would be cut down by the Bank of England to...
Wall Street Gains as Trump to Go Home and Investors Hope for Stimulus

Wall Street Gains as Trump to Go Home and Investors Hope for Stimulus

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On Monday, there was a sharp increase in U.S. stocks, as they recovered from the decline they had suffered in the previous session. This improvement was likely because investors believe fiscal stimulus is more...
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