Open CFD account Free Demo
Call: +248 4 671 903 Mail: [email protected]
Log In Open Account
Log In Open Account
Log In Open Account

Economic Updates

Open Account

Economic Updates

Open Account
September: A Typical Scary Month for Investors

Poor Month for Markets Investors are generally apprehensive of the month of September as on average it is marked as the worst month for the stock market. After a staggering rally in August driven by broad-based vaccine optimism, global stimulus, improving economic data, better-than-expected earnings season and the outperformance of the technology...

September 30, 2020
Read More >
Interest Rates: Ultra Low, Near Zero or Negative?

In a pandemic-induced environment, central banks and governments have absorbed all the shocks of the virus on the financial markets by injecting massive liquidity in the economy, keeping credit flowing and supporting the global economy with huge fiscal stimulus plans to manage an unparalleled health and economic crisis. Governments and Central ...

September 22, 2020
Read More >
Laybuy (ASX: LBY): Another ASX BNPL

After a solid debut on the Australian Securities Exchange (ASX) earlier this week, New Zealand buy now pay later company went on a volatile ride for its first week. Following the completion of an initial public offering (IPO) that raised A$80m at A$1.41/share with an indicative market capitalisation of A$246m under the code LBY, the Company comm...

September 10, 2020
Read More >
PM Shinzo Abe’s Resignation, Abenomics, and Berkshire Hathaway Buys Stakes in Five Japanese Companies

Prime Minister Shinzo Abe, Japan’s longest-serving prime minister officially resigned on Friday due to health issues after a few weeks of speculations. Amid a global pandemic, markets fret that his resignation may create a new period of political uncertainty for Japan. Since the announcement, a few ministers from the ruling party expressed the...

August 31, 2020
Read More >
August Wrap-Up: Global Equities on a Rally

Covid-19 Cases and Vaccine Optimism The virus continues to spread across the world, with more than 25 million confirmed cases of coronavirus and 840, 000 deaths. The United States remains the worst-affected countries followed by the Eastern Mediterranean region and European countries. After successfully containing the virus, a rise in the number ...

August 31, 2020
Read More >
Afterpay Ltd ($APT): YTD – ASX Best Performer

Afterpay Ltd remains Australia’s favourite tech stock. The Buy Now Pay Later company is the best performing stock on the Australian share market and its share price has risen by a staggering 204% since the beginning of the year. Source: Bloomberg Afterpay is on a Roll! Investors digested a series of good news for the tech stock this week. Th...

August 28, 2020
Read More >
Jackson Hole Symposium: Markets Bracing for More Volatility

The annual Jackson Hole Economic Symposium rarely goes unnoticed as is an exclusive central bank conference which fosters open discussions about global policy matters. The economic event is sponsored by the Federal Reserve of Kansas City and is closely watched by market participants. The Symposium has the potential to spark more volatility in th...

August 26, 2020
Read More >
ASX Updates: Big Earnings Week

Amid a muted economic calendar, the attention was mostly on the earnings reports as investors geared up to the busiest week of the Australian earnings season. We have updates from big retailers, iron-ore miners, major banks, and tech stocks. As of writing, Information Technology, Consumer Discretionary and Health index were leading the gains on ...

August 21, 2020
Read More >
A Gold and Tech Rally

Covid-19 Cases and Vaccine Optimism The virus continues to spread across the world, with more than 17 million confirmed cases of coronavirus and 670, 000 deaths. Many countries have seen a surge in the number of infections over the months. As the month comes to an end, we note that countries that have initially successfully controlled the outbreak...

July 31, 2020
Read More >
Another Big Week on the Earnings Front

Amid one of the busiest weeks on the earnings front, the remaining of the FAANG companies and some of the leading companies in their respective industries will report their quarterly earnings. Those updates will allow investors to have a broader picture of the impact of the pandemic on US businesses. Big tech stocks have rallied over the past m...

July 27, 2020
Read More >
Attention on Stimulus Packages: EUR vs USD

After two challenging quarters driven by the coronavirus crisis, investors were gearing up for a recovery for the second half of the year. Governments and central banks have absorbed nearly all the shocks of the virus on the financial markets by injecting massive liquidity in the economy, keeping credit flowing and supporting their economy with...

July 24, 2020
Read More >
Tesla and Microsoft Corporate Earnings Results

Microsoft and Tesla, the two leaders in their respective industries reported their quarterly earnings results on Wednesday after the market closed. Both tech companies reported earnings exceeding expectations but the reaction in the after-hours trading was different altogether. Tesla Inc (TSLA) Tesla, the electric vehicle and alternative ener...

July 23, 2020
Read More >
Earnings: Banks Reported More Provisions for Bad Debts, Netflix Q3 Subscribers Outlook

Given the uncertain environment, investors are currently bracing themselves for a gloomy earnings season. The earnings season kicked off with big banks like JP Morgan Chase, Citigroup, Wells Fargo, Goldman Sachs, Bank of America, Morgan Stanley, and tech stock like Netflix. Monday PepsiCo, Inc (PEP) PepsiCo products are enjoyed by consumer...

July 17, 2020
Read More >
Coming Up This Week: Big Banks and Netflix

The earnings season will kickstart with big banks like JP Morgan Chase, Citigroup, Wells Fargo, Goldman Sachs, Bank of America, Morgan Stanley, and tech stock like Netflix. Investors are probably bracing themselves for a gloomy earnings season. It is unlikely that companies will be able to provide guidance for the near future given the uncertai...

July 13, 2020
Read More >
Melbourne Lockdown: Local Investors Mull Worsening Economic Outlook

Following the highest number of coronavirus cases in a single day, the Premier of Victoria, Daniel Andrews reinstated “Stay at Home” restrictions across metropolitan Melbourne and Mitchell Shire from 11:59 pm on Wednesday 8 July. The Treasurer warned that the cost of locking down Victoria could be up to $1 billion a week which will fall hea...

July 8, 2020
Read More >