On Thursday, European shares fell as rising coronavirus cases and lockdowns overshadowed the optimism surrounding the rollout of the vaccines in the upcoming year, while the dollar retreated to a two-and-a-half-year low. Trading volumes remained on the thin side, with the most prominent European markets closed and a lot...
Dollar Reaches Two-Year Lows As traders Ignore Delays in US Stimulus
On Wednesday, the dollar fell to its lowest level in Asian trading in more than two years and there was a surge in riskier currencies, as investors opted to look past yet another delay in the US fiscal stimulus approval and bet that there would be an increase in...
Tesla’s Stocks
In recent years, the Tesla auto-mobile company has seen an enormous amount of growth in its demand and supply. With the passage of time, the public’s view around electric cars has changed a lot and now more people are shifting to Tesla because of its durability, quality, and technology. However,...
Oil and Global Stocks Lead Risk Rally on US Stimulus Hopes
On Tuesday, there was a rise in global stocks for the fourth consecutive day and oil also followed the same path, as hopes of fresh stimulus in the US teed up a stronger end for riskier assets this year. By 0751 GMT, the MSCI world index had climbed by...
Currencies in Emerging Markets Gain as Dollar Loses Strength
On Wednesday, currencies in the emerging markets were on a rebound from the declines they had experienced earlier this week. Russia’s rouble ended up snapping a losing run of three days, and the Turkish Lira also strengthened in hopes of a rate hike by the central bank this week....
Stocks Remain on Edge as Brexit Talks on Brink
Early on Friday, European shares remained mixed, capping the last complete trading week of the year, as investors were still on edge over a US fiscal stimulus and a Brexit trade deal. Shares in London climbed higher, boosted by a weaker dollar. Paris slipped and there were little gains...
Latest Digital Yuan Pilot Makes 20,000 Transactions in Two Days
The Chinese efforts is actively working on trials of its digital yuan project, as they are regularly implementing further trials across the country. The most recent pilot could be an indication of the range of adoption of the asset, with transactions experiencing a surge. According to Global Times, a...
EU and Boris Johnson Ready to Go an Extra Mile for the Brexit Talks
The recent developments related to the Brexit Talks are now appearing to be a good thing for the people who had their reservations about the Brexit trade. It has been revealed that the President and the European Commission are yet to come to a final decision regarding the Brexit...
Stocks Subdued by US Stimulus Doubts and Brexit
On Friday, world shares slipped as uncertainty regarding US stimulus talks and tricky Brexit negotiations reduced riskier bets even though coronavirus vaccines made progress, keeping the dollar weak and pushing Sterling down. There was a fall in European equities, with a 1.1% decline in the Euro STOXX 600 and...
Euro Remains Stable ahead of ECB Stimulus
On Thursday, the Euro managed to stand its ground before the European Central Bank (ECB) unveiled its fresh stimulus measures. In contrast, the British pound declined after the extension of post-Brexit talks until the weekend with the aim of finding the ever-elusive breakthrough. In recent weeks, the ECB officials...

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