The world’s efforts for discovering a cure are going at full capacity, with Gilead’s remdeisivr being a potential cure. In the US, the number of cases reached 40,000 again, and epidemiologist Anthony Fauci warned that the US could see 100,000 cases per day. While testifying on Capitol Hill, he told …
Read More »Wall Street Retreats from Record Highs as U.S.-Iran Brinkmanship Threatens Ceasefire and Oil Supply
Key Takeaways: Equities pull back: The S&P 500 and Nasdaq opened lower, retreating from last wee…
European Stocks Slide as U.S.-Iran Hostilities Reignite Strait of Hormuz Fears
Key Takeaways: Broad market sell-off: The pan-European Stoxx 600 dropped 1.0%, with Germany’s DAX an…
Bitcoin Slips Below $75K as Middle East Tensions Reignite Risk-Off Sentiment; Polymarket Eyes $15B Valuation
Key Takeaways: Bitcoin retreats: The world’s largest cryptocurrency fell below the psychological $75…
Gold Stumbles as Resurgent Oil and U.S.-Iran Clashes Reignite Inflation Fears
Key Takeaways: Gold retreats: Spot gold fell 0.9% to $4,786.02 an ounce, pressured by a rebounding U…
Oil Surges as U.S. Seizes Iranian Cargo Ship and Tehran Slams the Strait of Hormuz Shut
Key Takeaways: Crude Spikes: Brent crude jumped as much as 7% to $97.50 a barrel following rapid geo…
Weekly Roundup: Geopolitical Factors Move Markets Amid Sudden Truce, Managed Chaos
This was by no means an ordinary week. Five consecutive days condensed months of geopolitical tensio…
Private Debt Under Fire As Wall Street Braces for Impact
The private credit market — a sprawling, largely opaque corner of finance worth nearly $2 trillion —…
Wall Street’s Comeback: Tech Leads as War Fears Fade
After weeks of tension, U.S. markets are back in rally mode. Stocks surged to new highs as concerns …
Tech Giants Tighten Belts: AI, Cost-Cutting, and the Layoff Wave In 2026
Layoffs are sweeping across industries in 2026, with technology, retail, finance, and consumer brand…
Intel’s Market Buzz: What’s Driving the Trend?
Intel has recently captured significant attention in the stock market, becoming one of the most sear…
Market Analysis
July, 2020
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1 July 2020 2:39 pm
IFO Sees Europe’s Largest Economy Contracting by 6.7% in 2020
“Germany’s economy will gradually recover after a historic slump due to the coronavirus pandemic and will likely return to last year’s level at the end of 2021,” economic institute IFO said on Wednesday, according to Reuters. IFO sees GDP contracting by 11.9% in Q2 on a quarterly basis and to …
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1 July 2020 2:13 pm
Eurozone PMI Manufacturing Finalized at 47.4
Eurozone PMI Manufacturing was finalized at 47.4 in June, up from 39.4 in May a report by IHS Markit said. The index was in contraction below 50 for 17 consecutive months. and had fallen to 33.4 in April. The report stated: “Eurozone manufacturing sector continues to contract sharply,” “There was …
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1 July 2020 1:54 pm
UK Manufacturing Activity Picked Up in June
After the Great collapse due to COVID 19 pandemic, the UK manufacturing sector returned to recovery after it began to stabilize last June. IHS Markit’s Purchasing Managers Index (PMI) posted 50.1 compared to 40.7 in May, in line with economists’ expectations. PMIs are given on a scale of 0 to …
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1 July 2020 1:13 pm
Dubai’s Economy Shrank by 3.5% in Q1 Amid Coronavirus Pandemic
The government media office in UAE said in a statement issued on Tuesday that Dubai’s real GDP decreased by 3.5% in Q1 year-on-year as the country was hit by the Covid-19 pandemic, according to Reuters. The government said some sectors such as real estate and finance have maintained their strength …
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