coronavirus Archives - Page 83 of 102

Dovish Fed won’t be enough to extend the current bull market

By Hussein Sayed, Chief Market Strategist at FXTM For the past several weeks, we have been arguing that the performance of risk assets are in total disconnect with economic and corporate fundamentals.

11th June 2020

Markets/World

Moody’s sees Brent crude price at $35/b this year, $45/b in 2021

Moody’s has lowered its crude oil price assumptions and expects that Brent will average $35 per barrel this year and $45/barrel in 2021, or $8/barrel below the rating agency’s March 2020 assumptions,

10th June 2020

Markets/World

Why bitcoin is likely to soar in value

Bitcoin – already one of the year’s best-performing assets – is likely to “soar in value” this year with central banks’ money printing agendas and a spike in public interest, according to

9th June 2020

Markets/World

COVID19: Cyprus sees rise in cases among repatriates, as airports ready to re-open

Cyprus reported six new cases of COVID-19 on Monday, two more from the previous day, with all of the cases related to Cypriots who have recently returned from abroad, with the coronavirus

8th June 2020

Cyprus

Fastest turnaround in history, boost from Friday US jobs report

By Hussein Sayed, Chief Market Strategist at FXTM Investor sentiment kicked off the week on a positive note, with equities in Asia resuming last week’s rally, the US dollar remaining soft against

8th June 2020

Markets/World

COVID19: Cyprus cases rise again to 4, days before airports re-open

With just two days to go as Cyprus opens its airports to international passengers for the first time since lockdown, the number of COVID-19 cases has once again risen to four, from

7th June 2020

Cyprus

COVID19: Celine Dion Cyprus concert struck by coronavirus

Cyprus fans of world-renowned French-Canadian pop singer Celine Dion will have to wait a little bit longer to see their idol as the concert planned for 2 August at the GSP stadium

5th June 2020

Cyprus/Life & Society

Dollar in dire straits

By Han Tan, Market Analyst at FXTM The Dollar index (DXY) has broken below the 97 psychological level for the first time since March and is set to wrap up three consecutive

5th June 2020

Markets/World

Equity prices diverge further from fundamentals

By Hussein Sayed, Chief Market Strategist at FXTM The rally in stocks led by the US has returned some indices close to their record highs reached before the Covid-19 outbreak. The Nasdaq

4th June 2020

Markets/World

US trade export, import with China slumps by 45% in just 7 months

The value of United States trade in goods for both exports and imports with China has dropped by 45.12%. The dropped is largely attributed to the trade war between the United States

3rd June 2020

Markets/World