China, Europe Manufacturing Surveys, Dollar WeaknessEconomy

China, Europe Manufacturing Surveys, Dollar Weakness

Manufacturing activity in China and Europe in December  was a little weaker than initially thought. The Caixin Manufacturing PMI fell…

GBP/USD Forecast Dec. 28-Jan. 1 2021, Brexit is Finally DoneForex

GBP/USD Forecast Dec. 28-Jan. 1 2021, Brexit is Finally Done

GBP/USD posted sharp losses but then recovered. It was a roller-coaster week for the pair, the upcoming week has just…

Lemonade Shares Fall 6% On Short-Seller Report

Lemonade announced on Thursday that it ended the year with over one million active customers. Its shares, however, fell 5.7%…

Soybean, Others, Weathered a Turbulent YearCommodities

Soybean, Others, Weathered a Turbulent Year

Agricultural commodities weathered a volatile 2020 amid the pandemic and drought in some key producing areas.   Meanwhile, soybean managed…

US Dollar Remains Weak Amid 2020’s Curtain DownForex

US Dollar Remains Weak Amid 2020’s Curtain Down

Foreign currency charts reached the last trading day of the year, with the US dollar failing to regain a robust…

McConnell Rules Out Quick Vote on House BillEconomy

McConnell Rules Out Quick Vote on House Bill

U.S. Senate Majority Leader Mitch McConnell on Wednesday said that the Senate would not move quickly to consider a bill.…

Majority of EU Indices Up with AstraZeneca’s ApprovalStocks

Majority of EU Indices Up with AstraZeneca’s Approval

The United Kingdom’s recent approval of the AstraZeneca vaccine is quick to buoy indices from its Brexit counterpart, the EU.…

API Inspection Reports Draw in Crude InventoryCommodities

API Inspection Reports Draw in Crude Inventory

Ahead of the new year’s holiday, API inspection reports a bigger-than-anticipated draw in crude oil inventory. For the period ending…

Pound Firms Ahead of the Transition Period’s EndForex

Pound Firms Ahead of the Transition Period’s End

The sterling pound managed to make significant strides against the USD for the day. This comes ahead of the end…

Asian Market Cheers on US Stimulus Package, Nikkei SurgesNews

Asian Market Cheers on US Stimulus Package, Nikkei Surges

The risk-on sentiment is yet again crippling back to the center stage.  Along with the approval of the long-awaited stimulus…