Tag Archives: recap

The headlines of the US election were dominating the markets past week with the intense competition between Trump and Biden, which Biden settled by a difference of votes, here are the highlights of the past week. The US Federal Reserve decided to keep interest rates near zero at 0.25% while …

There were a lot of market drivers last week like the Fed and Bank of England meeting and tensions over the Brexit talks and developments for the Corona vaccine as well as the continuing trade tension between the US and China and the TikTok crisis. There was a lot of …

There were many important events that affected the markets over the past week, such as the European Central Bank and Bank of Canada meeting with Brexit talks reaching a dead-end last week and the developments of the Corona vaccine as tensions continued between the United States and China. At its …

Fed Chair Jerome Powell’s speech was what got most of the attention last week. Fed Chair’s comments included announcing a shift in monetary policy to support the labor market and the economy indicating that the Fed may keep low-interest rates for longer. The Dow Jones rose 0.6% to 28,653.8, posting …

Optimism regarding the development of a vaccine of Covid-19 continued to dominate the markets. Also, Democratic and Republican parties failed to reach an agreement on the second stimulus and financing package of Coronavirus. The US currency suffered heavy losses during last week’s, to record a decline for the eighth consecutive …

Tensions between the world’s two largest economies, the United States, and China continues to increase next to increase in the number of new cases of Covid-19, particularly in the United States, all this cast a shadow over the markets as President Trump took some decisions related to China with accusations …