LONDON (Reuters) – European equities rose Wednesday as a record high for U.S. equities outweighed concerns about a resurgence in coronavirus cases that could undermine an emerging recovery. FILE PHOTO: The London Stock Exchange Group’s offices are on display in the City of London, UK, 29 December 2017. REUTERS / …
Read More »Global stocks are pushing up as Wall Street record is heavier than jitters over growth
LONDON (Reuters) – European equities rose Wednesday as a record high for U.S. equities outweighed concerns about a resurgence in coronavirus cases that could undermine an emerging recovery. FILE PHOTO: The London Stock Exchange Group’s offices are on display in the City of London, UK, 29 December 2017. REUTERS / …
Read More »Unlimited quantitative easing, unlimited dollar weakness
The Federal Reserve has initiated an unusual level of quantitative easing. In essence, the Fed has stated that it will do whatever it takes, as long as it takes to produce effective economic stability. Which in turn will lead to a recovery that is as strong as possible, thereby limiting …
Read More »Gold challenges another $ 2,000 per ounce
Any true correction that many traders expected could come and go, with market participants buying every reasonable dump in prices. One-day decline of $ 117 from last week seems to be the definitive cap on a shallow correction, resulting in gold withdrawal of about 23% before support was found. After …
Read More »Asia slowly shares after Wall Street’s tech-inspired rally
HONG KONG / NEW YORK (Reuters) – Asian equities rose on Tuesday as Sino-American tensions weighed on optimism generated by Wall Street’s technology drive as the dollar fell against almost every major currency. A board display of stock prices is decorated with the Australian Securities Exchange (ASX) logo in central …
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