Market wrap-up: a wave of profit-taking dominates today's trading
American stock markets fell today, as European stock indices witnessed a significant decline due to fears of a second wave of the Coronavirus pandemic. This potential return to crisis levels of infection could delay the global economic recovery that has been anticipated – or hoped for – in second half of the year.
Daily Wrap up – 23 May
23 May 2017 05:48 PM |British Prime Minister Theresa May described Monday's explosion in Manchester city as "callous terrorist attack" that killed 22 people and injured 59 others in the city's hospitals. The ISIS has claimed responsibility but has not provided any evidence.
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Daily Wrap Up – 22 May 2017
22 May 2017 06:22 PM |During the weekend, the most significant events were the first foreign visit of US President Donald Trump, which included Saudi Arabia, as the White House sought to shift focus away from domestic affairs from its dismissal to the director of the FBI and reports on his administration's ties with Russia.
The week ahead : OPEC Meeting & Comay testify on top of events (22-26 May 2017)
21 May 2017 10:10 PM |The US Dollar suffered last week as a result of the political turmoil that overshadowed the US atmosphere from the dismissal of US Federal Bureau of Investigation manager to leak of confidential information from US President Donald Trump to the Russian Prime Minister. Besides a slowdown in some economic data.
This week, the market is looking at many events and economic data that will have an impact on market movements.-
Weekly Wrap Up ( 15 – 19 May )
19 May 2017 06:23 PM |The dramatic events surrounding President Donald Trump and the scandal of leaking some very confidential information to the Russian prime minister dominated this week's atmosphere. All this smacked down the dollar and drove investors away in search of safe havens such as gold and the Japanese yen, and some investors headed to the digital currency (Bitcoin) to record historic highs of 1940$.
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Daily Wrap Up – 18 May
18 May 2017 04:29 PM |US dollar recovered during trading day thanks to positive of economic data, as weekly unemployment claims printed the lowest reading since 1988, and declined to 232K in the week ended 12 May, that’s was better than markets expectations referred to 240K, compared to last reading at 236K. Also, Philly Fed Manufacturing Index managed to print the second best reading in 2017 at 38.3 during May.
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Daily Wrap Up – 17 May
17 May 2017 06:46 PM |Another bad day for US dollar, in the wake of yesterday news of the U.S President Donald Trump disclosed highly classified information to Russia's foreign minister about a planned Islamic State operation.
Daily wrap up – 16 May 2017
16 May 2017 06:46 PM |A lot of economic events had a remarkable impact on major currencies during the day
Policymakers around the world between containing the COVID-19 and the collapse of the global economy
1 Jan 0001 12:00 AM |World governments are suffering from a great dilemma, on one hand is the COVID-19 Spread. Global official bodies are taking extensive containment measures to limit the spread.
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