Matt Cardy | fake pictures The British pound is behaving like an emerging market currency due to Brexit and liquidity conditions, analysts at Bank of America say. In a note this week, Kamal Sharma and Myria Kyriacou, analysts at the bank, warned that the UK’s exit from the European Union …
Read More »Asian markets win after US bank stress test results
BEIJING (Reuters) – Asian equity markets followed Wall Street higher on Friday after US regulators removed some limits on banks’ ability to make investments. The Nikkei 225 NIK, + 1.13% in Tokyo it increased by 0.9%, while Kospi 180721 in Seoul, + 1.05% gained 1%. Hang Seng HSI from Hong …
Read More »Gold and silver penny stocks could be Robinhood traders’ next obsession, says this portfolio manager
Thursday seems weak again for stocks, with concerns of spreading the US virus. USA And unemployment claims in focus. Beating the S&P 500 for a mile has been GCQ20 gold, -0.19%, one of the best performing asset classes of the year, which recently peaked at 8 years, generating bullish predictions. …
Read More »Asian markets fall after Wall Street crash as hopes for a rapid recovery weaken
Shares collapsed in Asia on Thursday after a strong overnight pullback on Wall Street as new cases of coronavirus in the US USA They rose to their highest level in two months, dampening investor hopes for relatively rapid economic change. Nikkei 225 NIK from Japan, -1.21% fell 1% while Kospi …
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