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Year to Date: ASX200 Back in Positive Territory
The Australian share market erased 2020 losses today following a strong performance on Wall Street on Tuesday which caused the blue-chip gauge to top 30,000 for the first time. Amid a series of recent positive vaccine updates, the US share market w...
Stock in News – Tesla and Amazon
Tesla Inc Tesla Inc, the electric car maker is set to join the S&P500 on December 21. The Company’s share price rallied following the announcement, highlighting the dominance of mega-cap growth stocks on the S&P500 benchmark. The Company ...
Vaccine News Boosts Pharmaceuticals
2020 will go down in history as the year of the pandemic. With the ''second wave'' of COVID-19 sweeping the planet and more national lockdowns announced around the globe, there is not much to look forward to now. However, there is a glimpse of hop...
15 Asia-Pacific Countries Sign World’s Largest Free Trade Agreement at a Crucial Time
Regional Comprehensive Economic Partnership (“RCEP”) The RCEP agreement is a modern and comprehensive regional free trade agreement covering trade in goods, trade in services, investment, economic and technical cooperation, and new rules for el...
NIO Making Waves
The sales of electric cars exceeded the two million mark for the first time in 2019. By far the biggest electric automaker by market cap is Elon Musk's Tesla. Its current market cap stands at $394.26 billion at the time of writing this, putting th...
October: US Stimulus Noises and National Lockdowns
Another Volatile Month for Markets The financial markets were rattled by another wild month driven by geopolitics and COVID-19 updates. As the month comes to an end, the rapid resurgence of the coronavirus cases across the US, European countries, I...
US Election 2020: Eyes on the US Senate
The Political Event of the Year 2020 The most-awaited political event of the year 2020 is just around the corner: the US Presidential elections will take place next Tuesday on the 3rd of November. The US politics have the potential to affect the gl...
Earnings to Watch This Week: Amazon, Microsoft, Apple, Facebook and Alphabet
Investors are gearing up for one of the busiest weeks of the third-quarter earnings season. The immediate focus will be on the tech leaders: Amazon, Apple, Facebook and Alphabet as those companies were among the main drivers of the rebound in the ...
PayPal Taps into Crypto
Buy, Hold and Sell Cryptocurrency PayPal officially confirmed its entrance in the cryptocurrency market on Wednesday. The leading online payments company announced the launch of a new service enabling its customers to buy, hold, and sell digital ...
US Corporate Earnings to Watch this Week
Aside from politics and virus concerns, attention will be on the US corporate earnings season. After major US banks reported their third-quarter earnings results, investors will eye Netflix reports among many others. Monday International Business ...
Crude Oil Market
An oil price war and the pandemic struck the crude oil market at a time where the industry was already faced with a simultaneous demand and supply shock. Put simply, crude oil prices were already under pressure due to a flood of supply at a moment...
Coming Up This Week: US Big Banks on the Radar
The third-quarter earnings season will kickstart with major US banks. In an ultra-low interest rates environment, the financial industry struggled faced by a series of pressures triggered by the ongoing pandemic crisis. Over the months, banks had ...
COTD: GBPAUD – Pound Finding Bearish Territory
GBPAUD - Hourly GBPAUD - We saw GBPAUD attempt a stronger recovery last month, but it appears the Pound may not have the resolve to push higher as we enter into October. In today's Chart of The Day, we examine the hourly chart using the Ic...
September: A Typical Scary Month for Investors
Poor Month for Markets Investors are generally apprehensive of the month of September as on average it is marked as the worst month for the stock market. After a staggering rally in August driven by broad-based vaccine optimism, global stimulus, im...
COTD: AMZN – Can Amazon Continue To Ride Pandemic Waves?
AMZN - Daily Amazon.com (AMZN) - As a retail conglomerate, it doesn't get much bigger than Amazon listed on the US Nasdaq exchange. Despite all the pandemic problems, AMZN found itself uniquely positioned to be one of the few companies abl...