News & Analysis
Overnight on Wall Street: Wednesday 29 July 2020
By Deepta Bolaky @DeeptaGOMarkets Equity Markets Global stocks struggled to edge higher on Tuesday amid the ongoing uncertainties on the virus front, and mixed earnings reports. European stocks were underpinned by concerns of a resurgence in COV...
Read MoreOvernight on Wall Street: Tuesday 28 July 2020
By Deepta Bolaky @DeeptaGOMarkets Equity Markets Global stocks started the week on a mixed note. European bourses slipped on Monday while major US equity indices pushed higher ahead of one of the busiest weeks on the earnings front. A few cluste...
Read MoreAnother Big Week on the Earnings Front
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...
Read MoreWeek Ahead: FOMC and Quarterly Earnings from Apple, Alphabet, Amazon and Facebook.
By Deepta Bolaky @DeeptaGOMarkets It will be another busy week ahead with investors gearing up for virus updates, geopolitical tensions, key economic data and the FOMC meeting. The global number of coronavirus cases crossed 16 million this week...
Read MoreAttention on Stimulus Packages: EUR vs USD
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...
Read MoreVaccine Optimism and Geopolitical Tensions
By Deepta Bolaky @DeeptaGOMarkets It was another eventful week with many dominant headlines that create an atmosphere of indecisiveness. We started the week with promising vaccine updates from AstraZeneca. Interim results from the ongoing Phase...
Read MoreTesla and Microsoft Corporate Earnings Results
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...
Read MoreOvernight on Wall Street: Thursday 23 July 2020
By Deepta Bolaky @DeeptaGOMarkets Equity Markets A busy day as investors digested vaccine updates and more fiscal stimulus against the simmering tensions between the US and China and the rising number of COVID-19 cases. In an unprecedented move, ...
Read MoreOvernight on Wall Street: Wednesday 22 July 2020
By Deepta Bolaky @DeeptaGOMarkets Equity Markets The vaccine optimism continues to drive the momentum in the stock market. Global stocks edged higher on Tuesday buoyed by the heightened expectations of a vaccine sooner than later. European stocks...
Read MoreOvernight on Wall Street: Tuesday 21 July 2020
By Deepta Bolaky @DeeptaGOMarkets Equity Markets Risk sentiment was buoyed by more vaccine updates coming from AstraZeneca. Interim results from the ongoing Phase I/II COV001 trial, led by Oxford University, showed AZD1222 was tolerated and gener...
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