Early on Friday, European shares remained mixed, capping the last complete trading week of the year, as investors were still on edge over a US fiscal stimulus and a Brexit trade deal….
Category: Trading
Latest Digital Yuan Pilot Makes 20,000 Transactions in Two Days
The Chinese efforts is actively working on trials of its digital yuan project, as they are regularly implementing further trials across the country. The most recent pilot could be an indication of…
EU and Boris Johnson Ready to Go an Extra Mile for the Brexit Talks
The recent developments related to the Brexit Talks are now appearing to be a good thing for the people who had their reservations about the Brexit trade. It has been revealed that…
Stocks Subdued by US Stimulus Doubts and Brexit
On Friday, world shares slipped as uncertainty regarding US stimulus talks and tricky Brexit negotiations reduced riskier bets even though coronavirus vaccines made progress, keeping the dollar weak and pushing Sterling down….
Euro Remains Stable ahead of ECB Stimulus
On Thursday, the Euro managed to stand its ground before the European Central Bank (ECB) unveiled its fresh stimulus measures. In contrast, the British pound declined after the extension of post-Brexit talks…
Pound Volatility Surges as Johnson and von der Leyen Head to Dinner
On Wednesday, Sterling increased against a broadly week US dollar, after suffering from losses for three days, as British Prime Minister, Boris Johnson is heading to Brussels for dinner in a last-ditch…
Stocks Give Some Ground, Brexit Stumps Sterling
On Tuesday, world shares fell as investors struggled to continue the recent weeks’ rally going with coronavirus infections still increasing and Brussels and London not able to make any progress. The main…
Energy Stocks Lead to Gains in European Shares
On Friday, European shares got a boost from oil stocks, with the blue-chip index in London reaching nine-month highs, while sentiment was also boosted due to signs of economic stimulus in the…
Asian Shares Mixed in Global Markets as Dollar Weakens
On Thursday, Asian shares were mixed due to choppy trade on Wall Street, which was partly due to a disappointing jobs report in the US. Meanwhile, increasing optimism over the COVID-19 vaccine…
Euro Reaches Three Month High as Dollar Takes a Hit
The euro clocked a three-month high against the US dollar, as riskier currencies got a boost because of strengthening recovery in China and elsewhere and expectations of additional monetary stimulus from the…