Category: Market News

$2.2 trillion US stimulus package to help people affected by the coronavirus
March 30, 2020 BY Steffy Bogdanova

The US passes the biggest rescue package in history, $2.2 trillion to help people affected by the coronavirus

House Speaker Nancy Pelosi said: Our nation faces an economic and health emergency of historic proportions due to the coronavirus pandemic, the worst pandemic in over 100 years. The history signing ceremony was held in the White House, no democratic lawmakers were invited, however, President Trump thanked "for coming together, setting aside their differences and…

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Daily Market analysis
March 27, 2020 BY Valentina Kirilova

Daily market commentary: Gold finds some stability

EUROPEAN SHARES  Friday saw most European benchmarks consolidate following a solid three day rally. The market sentiment remains alive today, thanks to the global support measures taken in almost every region. However, investors around the world may be tempted to take some profits before the weekend. The spread of the virus doesn’t seem to be…

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Forex Weekly Look Back
March 27, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Governments and regulators take measures to counter the corona-crisis

The Securities and Exchange Commission announced yesterday a temporary flexibility for registered funds affected by the recent volatile market situation to borrow funds from certain affiliates and to enter into certain other lending arrangements. The relief is interceded to provide funds with additional tools to manage their portfolios so that all shareholders as investors may…

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Daily Market analysis
March 26, 2020 BY Valentina Kirilova

Daily market commentary: Oil's price remains drowned

EUROPEAN SHARES  Share markets opened lower everywhere in Europe on Thursday as uncertainty remains the overriding sentiment and has pushed investors into taking any profits generated by this week’s recovery attempt. The fact remains that investors from around the world have welcomed the recent historical batch of monetary and fiscal responses to coronavirus and these…

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