On Tuesday, Asian share markets saw an increase as the successful trial data for the COVID-19 vaccine earned global investors’ applause. However, some of the early gains were wiped out due to…
Category: Covid-19
Sterling Falls as England Moves towards Second National Lockdown
On Monday, Sterling fell to its lowest value against the dollar in almost four weeks after a new national lockdown was announced by England. However, analysts stated that a bigger drop in…
Tech Slide and Pandemic Surge Slam Wall Street
On Friday, U.S stock indexes closed lower for capping the biggest weekly sell-off on Wall Street since March, as investor sentiment was snuffed by jitters over the upcoming presidential elections, a record…
Global Stocks Steady after Second-Wave Turmoil
On Thursday, European commodity and stock markets struggled to stabilize after some of the biggest economies in the region returned to national lockdowns, triggered by the most drastic global selloff within…
Stocks Tumble as Investors Gripped by Lockdown Fears
On Wednesday, shares all around the world tumbled as COVID-19 infections surged rapidly in the United States and Europe. This has ignited possible stricter lockdown measures, which could have a negative impact…
Wall Street Ready to Bounceback after COVID-19 Keeps Europe in the Red
On Tuesday, some of the early losses were recovered by European equities and futures indicated towards a Wall Street recovery, after markets saw a wave of risk aversions at the beginning of…
Stocks Dip on Stimulus Doubts and Surging Virus Cases
On Monday, global stocks kicked off the week on the back foot as the global economic outlook was clouded by surging cases of coronavirus in the United States and Europe, while leaders…
European Stocks Decline as Virus Cases Spike and German Consumer Morale Weakens
On Thursday, European stocks declined to their lowest level in over a month, as a decline in German consumer morale, an impasse in the U.S. stimulus talks and surging coronavirus cases in…
Stimulus Bets Bolster Wall Street Shares
On Tuesday, shares on Wall Street climbed due to growing optimism that talks were progressing amongst U.S. lawmakers about a U.S stimulus package that would cushion the economic shock caused by the…
Markets on Edge as U.S. Stimulus Hopes meet Pandemic Resurgence
On Friday, financial markets remained a bit shaky as hopes for a new fiscal stimulus package in the U.S. met fears that the economic recovery would be undermined by the social restrictions…