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Market Update

Biden Rejoins WHO

President Joe Biden has signed an executive order that reverses his predecessor Trump’s decision to leave the World Health Organization (WHO) amid the global coronavirus pandemic. Trump withdrew from the specialized health agency of the United Nations at the height of the Coronavirus crisis last year. The White House said …

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Oil Futures Rise for Second Day in Row

Oil prices rose on Wednesday for the second consecutive session, amid expectations for increased stimulus spending by the new administration in the United Stated as President Joe Biden was officially inaugurated earlier today. Brent crude futures for March delivery added 18 cents, or 0.3%, to close at $56.08 per barrel. …

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Gold Closes at Two-Week High

Gold prices rose on Wednesday to close at their highest level in about two weeks, amid anticipation for increased stimulus spending in the United States by the new administration of President Joe Biden. The rise of the yellow metal came as the U.S. Dollar (USD) declined, after shortly rising earlier …

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Biden Sworn In as 46th U.S. President

Joe Biden was sworn in as the 46th President of the United States on Wednesday. Prior to the heavily protected ceremony, now former President Donald Trump left the White House and spoke at a small farewell gathering. In addition, Kamala Harris was sworn in as Vice President of the U.S., …

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