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THEconomic Updates
Preview: Non-Farm Payroll Announcement
By Klavs Valters @klavsvalters It’s a new month and a new year – which means the latest Non-Farm Payroll figures will be released this week by the US Bureau of Labor Statistics. The latest US jobs data will be released at 1:30 PM London tim...
Read MoreThe pandemic year: investors navigating the new normal
By Deepta Bolaky @DeeptaGOMarkets 2020 has brought a rapid and unpredicted change. The new decade started with talks about climate change, the shifting trading landscape and trade frictions, Brexit, and the rise of political populism but the dy...
Read MoreCSL stops phase 2/3 COVID-19 vaccine trials: Australian Govt cancels order
By Deepta Bolaky @DeeptaGOMarkets CSL, a leading global biotech company headquartered in Melbourne announced its update on its COVID-19 vaccine developed in collaboration with the University of Queensland. The Company revealed while the Phase 1...
Read MoreConsumer confidence at 10-year high
By Deepta Bolaky @DeeptaGOMarkets The Westpac-Melbourne Institute Index of Consumer Sentiment is lifted by 4.1% to 112 in December, reaching the highest level since 2010. The consumer confidence index hits a 10-year high indicating that sentiment...
Read MorePreview: Non-Farm Payroll Announcement
By Klavs Valters @klavsvalters It’s a new month - which means the latest Non-Farm Payroll figures will be released this week by the US Bureau of Labor Statistics. The latest US jobs data will be released at 1:30 PM London time on Friday. W...
Read MoreCryptos on the rise – again
By Klavs Valters @klavsvalters Cryptocurrencies have been making headlines yet again after seeing tremendous rallies over the last few weeks. We saw Bitcoin breaking past $19,000 for the first time in 3 years today. World's biggest cryptocurren...
Read MoreStock in News – Tesla and Amazon
By Deepta Bolaky @DeeptaGOMarkets Tesla Inc Tesla Inc, the electric car maker is set to join the S&P500 on December 21. The Company’s share price rallied following the announcement, highlighting the dominance of mega-cap growth stocks on t...
Read MoreVaccine News Boosts Pharmaceuticals
By Klavs Valters @klavsvalters 2020 will go down in history as the year of the pandemic. With the ''second wave'' of COVID-19 sweeping the planet and more national lockdowns announced around the globe, there is not much to look forward to now. ...
Read More15 Asia-Pacific Countries Sign World’s Largest Free Trade Agreement at a Crucial Time
By Deepta Bolaky @DeeptaGOMarkets Regional Comprehensive Economic Partnership (“RCEP”) The RCEP agreement is a modern and comprehensive regional free trade agreement covering trade in goods, trade in services, investment, economic and techni...
Read MoreNIO Making Waves
By Klavs Valters @klavsvalters The sales of electric cars exceeded the two million mark for the first time in 2019. By far the biggest electric automaker by market cap is Elon Musk's Tesla. Its current market cap stands at $394.26 billion at th...
Read MoreOctober: US Stimulus Noises and National Lockdowns
By Deepta Bolaky @DeeptaGOMarkets Another Volatile Month for Markets The financial markets were rattled by another wild month driven by geopolitics and COVID-19 updates. As the month comes to an end, the rapid resurgence of the coronavirus cases...
Read MoreUS Election 2020: Eyes on the US Senate
By Deepta Bolaky @DeeptaGOMarkets The Political Event of the Year 2020 The most-awaited political event of the year 2020 is just around the corner: the US Presidential elections will take place next Tuesday on the 3rd of November. The US politic...
Read MoreEarnings to Watch This Week: Amazon, Microsoft, Apple, Facebook and Alphabet
By Deepta Bolaky @DeeptaGOMarkets Investors are gearing up for one of the busiest weeks of the third-quarter earnings season. The immediate focus will be on the tech leaders: Amazon, Apple, Facebook and Alphabet as those companies were among th...
Read MorePayPal Taps into Crypto
By Deepta Bolaky @DeeptaGOMarkets Buy, Hold and Sell Cryptocurrency PayPal officially confirmed its entrance in the cryptocurrency market on Wednesday. The leading online payments company announced the launch of a new service enabling its cust...
Read MoreUS Corporate Earnings to Watch this Week
By Deepta Bolaky @DeeptaGOMarkets Aside from politics and virus concerns, attention will be on the US corporate earnings season. After major US banks reported their third-quarter earnings results, investors will eye Netflix reports among many o...
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