coronavirus

The European Medicines Agency (EMA) is expected to approve the use of Moderna's anti-covid vaccine, authorizing it to be distributed through Europe later today. European health clinics would be able to catch up with other advanced countries…
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Trump Appeals for Larger Stimulus The US dollar dropped by 0.24% yesterday, falling back to the lowest levels seen since April 2018. Progress on additional US stimulus saw fresh selling and a move back below the 90.00 mark. This…
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Investors Find Safety in the Greenback The US index closed 0.50% up at its highest level in a month on Tuesday. The index rose as traders reacted to the news that AstraZeneca had paused a COVID-19 vaccination trial.  This was due to a…
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The financial situation in the world is expected to make a major turn sometime around October. That's when the "Western" vaccines are projected to complete their final trials and be approved for the market. Russia has already declared…
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FDA Announcement Improves Sentiment The US index closed above 93 for a second consecutive day. Investors were buoyed by the news that the US has authorized plasma coronavirus treatment. The FDA had concluded the treatment was safe after…
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Despite post-lockdown optimism increasing, the trade war between the US and China has only just restarted, and this time in multiple fronts! With Trump expected to announce his policy against China soon, the retaliation game is on the…
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It turns out that Bill Gates has quite a bit of involvement in the COVID-19 outbreak. Which doesn't come as a surprise to anyone who has been following his activities since he dramatically scaled back his participation in Microsoft and…
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At first glance, it might seem obvious which industries would benefit the most from ending the lockdowns. Of course, it would be the ones most affected by the lockdowns. It seems logical, but, the economy is a little more complicated…
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It seems like almost daily, governments are announcing new spending programs, many of which are the largest in history. US debt is expected to balloon to levels not seen since WWII. Central Banks have taken off almost all limits on asset…
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Tomorrow we get an inside look at the US economy. Specifically, we get to see the potential for the coronavirus outbreak to have a lasting effect on the economic outlook. Durable Goods Orders is one of the key metrics we want to be…
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