On Wednesday, the Fed’s Beige Book for March 2022 was released citing the word “modest” 52 times, “moderate” mentioned 47 times and “Uncertainty” 11 times. Some traders guess a lot of what happens today and tomorrow will depend on the Fed’s Beige book Key QuotesEconomic activity has expanded at a …
Read More »Covid-19 updates: Vaccine trials showing promising results
Today’s updates on Covid-19 Victoria, the Australian state reported 77 new cases this Thursday.Where in the US, cases reached 575. On Wednesday, Pfizer announced that the experimental coronavirus vaccine that they co-developed with BioNTech triggered more robust immune responses in the early-stage of human trials. According to Reuters, BioNTech’s shares …
Read More »Asian Stocks Are Near 4-Month Highs With Hopes of COVID 19 Vaccine
Asian stocks were sailing near 4-month highs on Thursday, as hopes doubled over a vaccine for COVID 19, while copper prices rose to a 6-month high. The entire market focus today is on US employment data, due for release later today, which will give clear cues of how the world’s …
Read More »COVID-19 Updates: Gloomy Warnings in the US
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 …
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