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Federal Reserve Chairman Jerome Powell has been urging Congress to provide more fiscal aid, but a deadlock between Republicans and Democrats has blocked a second stimulus package.Against that...
The vaccine rotation trade got another burst of momentum overnight, with Moderna’s Covid-19 vaccine preliminary data indicating a 94.50% effectiveness. More importantly, it can be stored in a...
Equities extended their gains on Tuesday but currencies consolidated as traders worry about President Trump’s campaign to challenge the election. Senate Majority Leader Mitch McConnell said...
Central banks around the world are pulling out most—but not all—of the stops to help their local economies soften the impact of the COVID-19 pandemic.The Bank of England said last week it...
Federal Reserve policymakers were forced to tread water in their meeting last week, which came in the awkward interval between Americans casting their ballots in the presidential and congressional...
The answer is almost! The most divisive election in Western democratic history commences today as those Americans who haven’t voted head to the polls. Results will start flowing in through the...
“Free hand” was the phrase that jumped out to investors in the minutes from the September meeting of the European Central Bank policymakers released Thursday.Given the uncertainty of the...
When they made their upbeat economic forecasts last month, Federal Reserve policymakers said they presumed there would be additional fiscal stimulus from Congress—a condition that appears less...
The U.S. dollar finally came under some selling pressure on Thursday after the U.S. set another record high of more than 59,000 coronavirus cases on Wednesday. The numbers moderated a bit today but...
This article was written exclusively for Investing.comVery quietly, safe-haven assets have been rallying, and in some cases, to prices not seen in years. The big rally in assets like gold have come...
Federal Reserve Chair Jerome Powell is not an economist and his plain-speaking policy steers him away from “on the one hand-on the other hand” dichotomies, but his recent messaging has...
This article was written exclusively for Investing.com Crude oil and sugar fell to new lows in April Sugar is all about Brazil where the sweet commodity has a dual role The Brazilian currency is...
Amazon (NASDAQ:AMZN) is due to reveal its Q1 2020 report card for the fiscal quarter that ended in March on Thursday, April 30 after market close. The mammoth online retailer has accomplished what few...
What crazy times we live inStock markets are back in the red on Tuesday afer Wall Street endured a shaky start to th week and oil left everyone gobsmacked as it ventured into uncharted territory. Oil...
This post was written exclusively for Investing.com Gold broke out to the upside in dollars in June 2019 Many currencies made new record lows against gold in 2019 Last week the Swiss franc reached a...