Since the corona crisis has paralysed life in the United States, cannabis sales on some days have almost doubled. On March 16, around 90% more marijuana was sold in California than in
By Jameel Ahmad, Global Head of Currency Strategy & Market Research at FXTM Wednesday’s opening day of trading for the new quarter has yet to indicate a positive change of weather for
The world economy could be headed towards recovery from a coronavirus-triggered downturn within six months – but only if mass testing is rolled out now and governments guarantee to support demand, a
By Han Tan, Market Analyst at FXTM Asian stocks are mixed while US futures are lower on Wednesday, as investors struggle to justify recent gains amid the ominous global economic outlook. Still,
By Lukman Otunuga, Senior Research Analyst at FXTM It has been an historic and volatile trading quarter defined by the novel coronavirus outbreak, with unprecedented central bank intervention, government action, global recession
Coronavirus-triggered social distancing, isolation and lockdowns have driven-up the use of financial apps in Europe by 72% in a week, according to data compiled by deVere Group, one of the world’s largest
By Hussein Sayed, Chief Market Strategist at FXTM This week has kicked off with a new precedent. It isn’t the volatile performance of stocks, bonds, or currencies that are grabbing all the
Low-rated emerging market sovereigns with large near-term international bond repayments and significant reliance on foreign currency, private-sector credit are particularly vulnerable to the impact of deteriorating economic conditions on capital markets, according
DBRS Morningstar considers that most advanced economy sovereigns have adequate fiscal space to implement temporary measures to mitigate the adverse impact of Coronavirus Disease (COVID-19). The Coronavirus Quandary: This is Going
The coronavirus pandemic and its economic fallout will trigger a ‘skyward surge’ in sustainable, responsible and impactful investing over the next 12 months, according to Nigel Green, the CEO of financial advisory
