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In Europe, the UK and the EU finally signed a trade deal last week after months of debate. The text was published on Saturday. It includes a 1,246-page trade document, along with agreements on nuclear energy, civil nuclear energy, exchanging classified information, and more...
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Jiming Huang, 28 December 2020, 09:00
US stock index futures turned bullish after President Donald Trump gave up his threats to block the $900 billion stimulus package voted by Congress last week. He backed the relief bill a few hours ago. At the time of writing, futures on Dow Jones rose over 0...
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Jiming Huang, 28 December 2020, 09:00
In the commodity market, oil prices are declining for a third consecutive session, as investors react to concerns over the new COVID strain that may trigger more lockdowns and thus affect demand for crude...
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Jiming Huang, 23 December 2020, 12:13
US stocks were mixed on Tuesday, but bears dominated as concerns over the new COVID strain and downbeat economic data offset the optimism surrounding the second stimulus package. The S&P 500 fell 0.21%, the Dow lost 0.67%, while the tech-oriented Nasdaq rose 0...
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Jiming Huang, 23 December 2020, 12:11
The US stock market was mostly bearish on Monday, but it maintained to bounce back from session lows. Bears were concerned about the new strain of the coronavirus detected in the UK, while bulls were pointing to the stimulus package finally approved by Congress. Nasdaq (-0...
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Jiming Huang, 22 December 2020, 11:57
In the commodity market, oil prices continue to tumble on worries that the new COVID strain would trigger new lockdowns and thus hit demand for crude even harder. Both WTI and Brent brands are down over 2.10%, after gaining about 40% in the last two months to hit the highest in nine months...
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Jiming Huang, 22 December 2020, 11:57 #gold
In the commodity market, oil prices have tumbled over 3% as investors are worried that the new COVID strain found in the UK would force more lockdown and thus hit demand for crude...
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Jiming Huang, 21 December 2020, 12:05
US stock futures are in wait-and-see mode, as Congress finally secured a COVID relief deal. At the time of writing, the S&P 500 futures are down 0.12%, while futures on the Dow and Nasdaq are up 0.08%, and 0.24%, respectively...
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Jiming Huang, 21 December 2020, 12:04
Today, American securities watchdog the SEC announced that Robinhood , a free-to-trade broker that has grown rapidly in recent years , has paid a $65 million fine to settle charges relating to some of its historical business practices...
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Flavio Javier Jarabeck, 18 December 2020, 14:40
US stock indexes updated their record highs on Thursday amid ongoing optimism over a COVID relief bill, offsetting worries about the economic impact of the pandemic...
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Jiming Huang, 18 December 2020, 11:59
In the commodity market, oil prices rose to a nine-month high after the US reported a decline in crude stockpiles last week and amid stimulus hopes. Both the WTI and Brent are up over 1% to the highest level since the beginning of March...
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Jiming Huang, 17 December 2020, 11:56
US equities were undecided on Wednesday. The three benchmark indexes were mixed at the close, with the optimism over the next stimulus package being offset by the negative economic impact from the pandemic. Dow Jones declined by 0.15%, but the S&P 500 rose 0...
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Jiming Huang, 17 December 2020, 11:55
Wall Street surged on Tuesday as investor sentiment was buoyed by the optimism surrounding a massive stimulus bill that is more likely to be approved by the Congress. Meanwhile, investors are waiting for clues from the Fed, which is about to hold its last meeting of the year later on Wednesday...
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Jiming Huang, 16 December 2020, 12:01
In the commodity market, oil prices are declining on fears of tighter coronavirus restrictions in the US and Europe. Also, OPEC expects a slower recovery in demand in 2021. WTI and Brent are both down 0.74%. London required bars and restaurants to close, as the rate of infections is accelerating...
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Jiming Huang, 15 December 2020, 11:55 #gold
US stock indexes took different routes on Monday, with the Nasdaq managing to secure a gain. The S&P 500 and the Dow closed in the red, dragged down by Walt Disney. Dow Jones managed to update the record high before closing lower...
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Jiming Huang, 15 December 2020, 11:55
In the commodity market, oil prices are bullish on Monday, with Brent returning above the $50 mark. Prices are maintaining at their highest levels since the beginning of March. Both the WTI and Brent have gained over 1.1% so far...
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Jiming Huang, 14 December 2020, 11:51
US stocks are set to open the week higher as futures on the three benchmark indexes are rebounding after a bearish week. Investor sentiment was boosted after the US had officially green-lighted the COVID vaccine produced by Pfizer and BioNTech...
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Jiming Huang, 14 December 2020, 11:50
In the commodity market, crude prices extend gains after surging on Thursday above $50 for the first time since early March. Prices are boosted by vaccine optimism, as investors ignored data pointing to higher-than-expected crude supply in the US. WTI has increased by 0.50% and Brent has gained 0...
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Jiming Huang, 11 December 2020, 11:57
US stocks moved mostly sideways on Thursday, with the S&P 500 and the Dow closing lower for the second consecutive session. Nasdaq managed to recover and gained 0.54...
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Jiming Huang, 11 December 2020, 11:57
In the commodity market, oil prices are bullish on Thursday but moving sideways on larger timeframes. The crude is leveraging investor hopes that the rollout of COVID vaccines would push economic recovery. The US is expected to approve the first vaccine candidate later this week. WTI is up 0...
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Jiming Huang, 10 December 2020, 12:03