New quarantine rules threaten British airlines London-listed shares fell harder than their US counterparts last week, with the FTSE 100 ending 2.7% lower after sinking 1.4% on Friday. M&G and Vodafone were the two biggest losers on Friday, closing out the day 6% and 5.2% lower respectively. In addition to the factors that hurt US…
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EUROPEAN SHARES European stock markets opened significantly higher, following the trend established overnight in Asia, as investors start the week on a renewed tone of optimism. Traders who took a bit of profit at the end of last week on grounds of growing uncertainty sparked by deteriorating US-Sino relationships were relieved to see President Trump…
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What to watch Salesforce: Ahead of its Thursday earnings report, Salesforce announced a partnership with Workday yesterday to deliver tools aimed at helping companies reopen safely, which sent Salesforce stock up more than 2% in after-hours trading. Salesforce’s share price is up more than 8% in 2020 so far, as the software and services it…
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Months of negotiation finally lead to the first phase of the US-China trade deal on Wednesday last week. In the 86 paged document, China promises to buy USD 200bn of US goods over the next two years and the US to reduce the tariffs on USD 120bn Chinese products. The deal also promises better defense…
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The tension between the United States and China has started to slowly decrease. And such tension ebb is affecting the global stock market in a very positive way, as noted by the Financial Times. On Monday, December 16, global stocks saw new record highs. The primary reason was that China and the US de-escalated the…
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The following post was written by Thomas Hall. In October, the Federal Reserve cut interest rates for the third time in 2019, with the intention of maintaining the US' longest period of economic growth ahead of the 2020 presidential election. For the incumbent President, those cuts still aren’t enough. Trump has regularly pressured the Fed into…
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