Browsing Tag

corona

EU Hit with Vaccination Delays

Greenback Lifted as Fed Meeting Looms The US index ended a muted session at the start of the trading week, as it bounced off the 90 psychological support mark. Investors continue to gauge President Biden’s plan to pump in $1.9 trillion…

Is The Stock Market in a Bubble?

On December 15th (Tuesday), Wunong Net Technology IPO's was added on the New York Stock Exchange, with the ticker WNW. The IPO was priced at $5.00 but debuted on the market at $8.65/share. It's a food e-commerce company in China. It was…

UK Leads the Vaccination Race

Dollar Freefall Continues The US index accelerated its decline yesterday, closing 0.24% lower towards the 90 handle. Currencies that comprise the dollar index such as the euro, Swiss franc, and sterling have reached multi-year highs,…

Pfizer Shares Rally On UK Vaccine Approval

Shares in Pfizer are trading around 4% higher pre-market on Wednesday following news that the UK government has approved the vaccine developed by itself and German partner firm BioNTech. The UK government is now the first in the world to…

Is USDCNH About to Reverse?

Chinese Factory Sector Recovery Stalling? The latest Chinese manufacturing PMI was released this week by the Chinese national statistics agency. The data showed that activity in the factory sector barely managed to remain in positive…