Economic Updates

A Gold and Tech Rally
July 31, 2020

By Deepta Bolaky  @DeeptaGOMarkets Covid-19 Cases and Vaccine Optimism The virus continues to spread across the world, with more than 17 million confirmed cases of coronavirus and 670, 000 deaths. Many countries have seen a surge in the number of...

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Another Big Week on the Earnings Front
July 27, 2020

By Deepta Bolaky  @DeeptaGOMarkets Amid one of the busiest weeks on the earnings front, the remaining of the FAANG companies and some of the leading companies in their respective industries will report their quarterly earnings. Those updates wil...

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Attention on Stimulus Packages: EUR vs USD
July 24, 2020

By Deepta Bolaky  @DeeptaGOMarkets After two challenging quarters driven by the coronavirus crisis, investors were gearing up for a recovery for the second half of the year. Governments and central banks have absorbed nearly all the shocks of th...

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Tesla and Microsoft Corporate Earnings Results
July 23, 2020

By Deepta Bolaky  @DeeptaGOMarkets Microsoft and Tesla, the two leaders in their respective industries reported their quarterly earnings results on Wednesday after the market closed. Both tech companies reported earnings exceeding expectations b...

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Earnings: Banks Reported More Provisions for Bad Debts, Netflix Q3 Subscribers Outlook
July 17, 2020

By Deepta Bolaky  @DeeptaGOMarkets Given the uncertain environment, investors are currently bracing themselves for a gloomy earnings season. The earnings season kicked off with big banks like JP Morgan Chase, Citigroup, Wells Fargo, Goldman Sach...

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Coming Up This Week: Big Banks and Netflix
July 13, 2020

By Deepta Bolaky  @DeeptaGOMarkets The earnings season will kickstart with big banks like JP Morgan Chase, Citigroup, Wells Fargo, Goldman Sachs, Bank of America, Morgan Stanley, and tech stock like Netflix. Investors are probably bracing themse...

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Melbourne Lockdown: Local Investors Mull Worsening Economic Outlook
July 8, 2020

By Deepta Bolaky  @DeeptaGOMarkets Following the highest number of coronavirus cases in a single day, the Premier of Victoria, Daniel Andrews reinstated “Stay at Home” restrictions across metropolitan Melbourne and Mitchell Shire from 11:59 ...

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Quarter 3 Outlook: Coronavirus Resurgence May Threaten Recovery
June 30, 2020

By Deepta Bolaky  @DeeptaGOMarkets The Great Lockdown and Grand Reopening The Great Lockdown in the first quarter followed by the Grand Reopening in the second quarter took the financial markets on a wild swing. Given the unprecedented nature of ...

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The Lockdown, the Fallout and the Roadmap to Recovery
April 30, 2020

By Deepta Bolaky  @DeeptaGOMarkets Global Lockdown In an abrupt and unprecedented manner, the world witnessed a mass halt to global activities due to the pandemic. Governments and central banks rushed in to intervene and support the global econ...

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A Summary of Major US Earnings Reports
April 24, 2020

By Deepta Bolaky  @DeeptaGOMarkets A Summary of Major US Earnings Reports IBM, Netflix Inc, Snap AT&T, and Intel Corp were among the major large-cap corporations reporting earnings.Even though the pandemic is expected to portrait a dire outlo...

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First Quarter: Crisis, Volatility, and Opportunities
March 31, 2020

By Deepta Bolaky  @DeeptaGOMarkets The first quarter of 2020 was marred by unpredicted events that rattled the financial markets: Tensions between US and Iran; The extreme weather conditions across the globe as a result of climate change...

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RBA: “QE is not on our Agenda!”
November 29, 2019

By Deepta Bolaky  @DeeptaGOMarkets This year’s Annual Dinner of the Australian Business Economists was probably the most important event before the year ends. In a year that saw the RBA cutting interest rates three times, the speech around...

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Is Germany on the Brink of a Technical Recession?
November 12, 2019

By Deepta Bolaky  @DeeptaGOMarkets Is Germany on the Brink of a Technical Recession? Europe’s largest economy and the world’s fourth-largest economy is at risk of going into a technical recession.  Such recession arises after two consecutive...

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Did China Retaliate with a Currency War?
August 5, 2019

By Deepta Bolaky  @DeeptaGOMarkets A Currency War Did China retaliate with a Currency War? Monday kicked-off with a bang with plenty of big moves in the financial markets. A risk-off sentiment prevails in the markets as dark clouds of trade tari...

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New UK Prime Minister Labelled “Britain Trump”
July 24, 2019

By Deepta Bolaky  @DeeptaGOMarkets “Britain Trump” Britain has a new Prime Minister and as highly expected, Boris Johnson won the race over his opponent, Jeremy Hunt to become the new Tory leader. It was a convincing win despite the controver...

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