US Economy Articles
US DOLLAR TO EXPLODE HIGHER ?
The US dollar remained firm at elevated levels during the Asian trading session following a correction lower for risk assets yesterday. The S&P 500 index slipped 2.6%, as the conditions for risk assets dampened, reflected a strong risk-off tone. Risk assets will find it difficult to gain firm footing as…
COVID-19 on the Rise Again? FX Market Report
Essential Insights Asian Equities take a tumble as fears of a second covid-19 wave in US rise. The FED sees rates being kept the same until 2022. Breakdown Asian stocks fell overnight amid fears over a second wave of COVID-19 in the US, with states exhibiting a rise in confirmed…
Market Outlook: Four Things that will move the market this week starting from Monday, the 13th
It’s a big week on Wall Street and on all fronts. The COVID-19 cases in the United States continue to rise. Major U.S. banks will drop their reports on the earnings from the first quarter. Two other hi-impact data will influence the market this week. In this market outlook, we’ll…