News
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European Shares Lower after COVID Economic Pain Dulled by Vaccine Shots
On Thursday, European shares were lower after advances in vaccine for the coronavirus had spurred gains, but data across Europe highlighted the economic damage that the pandemic is still inflicting. […]
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Dollar Surges after Two-and-a-half-year Lows as Risky Currencies Retreat
On Wednesday, the US dollar climbed from a two-and-a-half-year low, as investors were assessing the possibility of further economic stimulus in the United States, while a press rally in riskier […]
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World Shares Rise on Recovery Hopes after Stellar November
On Tuesday, world shares rose to just shy of record peaks after expectations of a recovery from the coronavirus downturn got a solid boost due to robust China data. In […]
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Dollar Reaches Two and a Half Year Low
On Monday, in early London trading, the US dollar reached its lowest value in two and a half years, while there was a slight dip in riskier currencies due to […]
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Chinese President Encourages ASEAN Countries in Joining ‘Digital Silk Road’
Part of the reason why the Chinese government turned bullish when it came to blockchain technology and a Central Bank Digital Currency (CBDC), was because of the country’s vision for […]
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Stocks Rack up New Records while Dollar Weakens
On Friday, world stocks remained on course for their best month in history due to Joe Biden’s victory in the presidential elections, recent progress in coronavirus vaccines, a weak dollar, […]
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Dollar Remains Weak Across the Board, Swedish Crown Falls
On Thursday, the euro climbed to a nearly three-month high, as pressure on the dollar increased due to optimism about coronavirus vaccines and downbeat US economic data. Investors were seeking […]
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Dollar Remains Depressed due to Improved Risk Appetite
On Wednesday, the US dollar nursed some losses, as expectations of a new fiscal stimulus package from the new US government and progress in the development of a COVID-19 vaccine […]
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Sterling Gains as Risk Appetite Improves
On Tuesday, a demand for riskier currencies helped Sterling remain close to its two-month high that it had reached a month before. Investors are also hoping that Brexit talks this […]
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Vaccine Progress Boosts Stocks, Dollar Remains Sickly
On Monday, oil and share prices rose while the dollar declined, as investors pinned their hopes on coronavirus vaccines to revive the economy, even with delays to fresh US financial […]