2020 | Forex robots store

Gold: Consolidation Remains Despite Total Gold Held By ETFs Near the Record Level

Total gold held by ETFs rose 34% this year to 110.90 million ounces as of October 1, approaching the record high level, according to Bloomberg’s data. Besides, the net long position of gold futures was down 1.6% on week to...

AdminOct 5, 2020

Market overviews

More Risk Aversion Likely after First October Surprise

Investors could have been anticipating an October surprise. But none could have expected it to come that early, with US President Donald Trump’s coronavirus infections. The world has been in historically high level of uncertainty ever since the virus outbreak...

AdminOct 3, 2020

News and opinion on finance

Hong Kong: BEA and Elliott show solidarity but doubts linger over bank’s future

David Li, chairman of Bank of East Asia Bank of East Asia (BEA) and activist shareholder Elliott Management put a long-running legal dispute on hold, announcing a strategic review of the Hong Kong lender’s operations just weeks before the start...

AdminOct 3, 2020

Fundamental analysis of Forex market

Weekly Economic and Financial Commentary: Recovery Keeps Trudging Along

U.S. Review Recovery Keeps Trudging Along In what was a jam-packed week of economic data, the jobs report, prospects of additional fiscal stimulus and the president’s positive COVID-19 test result commanded markets’ attention. Nonfarm employers added 661K jobs in September....

AdminOct 3, 2020

Fundamental analysis of Forex market

Week Ahead – Markets Hate Uncertainty

Or so the old saying goes You’re going to be hearing the word uncertainty a lot over the next month. We have political uncertainty ahead of what is going to be a highly unusual election, economic uncertainty as Congress fails...

AdminOct 3, 2020

Fundamental analysis of Forex market

The Weekly Bottom Line: Healing, but Slowing Labor Market

U.S. Highlights Following a four-week losing streak, U.S. financial markets regained some gusto, buoyed by optimism on the prospect of a new stimulus package. The labor market continues to mend, albeit at a decelerating pace. The American economy added 661,000...

AdminOct 3, 2020

Fundamental analysis of Forex market

Week Ahead: October Will be Anything but Normal

This week is going to be full of headlines regarding President Trump’s health and Brexit. As if things couldn’t get more bizarre in 2020, US President Trump and his wife have tested positive for the coronavirus, only weeks ahead of...

AdminOct 3, 2020

Finance news

Stocks fall following Trump’s positive virus test, but close off the worst levels on stimulus hopes

U.S. stocks fell in volatile trading on Friday after President Donald Trump’s coronavirus diagnosis fueled concerns about the election and a worsening pandemic. Major averages clawed back some of the steep losses after House Speaker Nancy Pelosi signaled aid for the...

AdminOct 3, 2020

Finance news

‘Massively concerning’ jobs report sends a signal that the economic recovery could be fading

Flight attendants, airline pilots and other aviation workers hold a protest organized by the Association of Flight Attendants urging the US Congress to pass a Covid-19 relief package and extend the Paycheck Support Program to save aviation jobs during a...

AdminOct 3, 2020

Finance news

Jobs report shows fewer hires as recovery loses momentum

Nonfarm payrolls rose by a lower than expected 661,000 in September and the unemployment rate was 7.9%, the Labor Department said Friday in the final jobs report before the November election. Economists surveyed by Dow Jones had been expecting a...

AdminOct 2, 2020

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Liudmila

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Year: 2020

Gold: Consolidation Remains Despite Total Gold Held By ETFs Near the Record Level

More Risk Aversion Likely after First October Surprise

Hong Kong: BEA and Elliott show solidarity but doubts linger over bank’s future

Weekly Economic and Financial Commentary: Recovery Keeps Trudging Along

Week Ahead – Markets Hate Uncertainty

The Weekly Bottom Line: Healing, but Slowing Labor Market

Week Ahead: October Will be Anything but Normal

Stocks fall following Trump’s positive virus test, but close off the worst levels on stimulus hopes

‘Massively concerning’ jobs report sends a signal that the economic recovery could be fading

Jobs report shows fewer hires as recovery loses momentum

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Year: 2020

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