OECD Cuts Global ForecastEconomy

OECD Cuts Global Forecast

The resurgence of the COVID-19 pandemic has weakened global recovery to a large extent. It could get a lot worse…

Zoom to Report Earnings; Stocks ConsolidateEconomy

Zoom to Report Earnings; Stocks Consolidate

Zoom Video Communications is likely to report earnings per share of 76c, on revenue of $693 million. That figure would…

Black Friday; BBVA, Sabadell End Talks; AstraZeneca in FocusEconomy

Black Friday; BBVA, Sabadell End Talks; AstraZeneca in Focus

Black Friday is here. By tradition, it is the busiest shopping day in the United States. However, this being 2020,…

U.S. government published new financial data on ThursdayEconomy

U.S. government published new financial data on Thursday

U.S. markets are closing later on Thursday as millions of Americans are preparing to celebrate Thanksgiving this week. Meanwhile, the…

U.K. to End England Lockdown ; Oil Hits Eight-month HighEconomy

U.K. to End England Lockdown ; Oil Hits Eight-month High

The U.K. lifted the national lockdown order governing England starting December 2. Prime Minister Boris Johnson, said, however, a sliding…

Dollar Down on Vaccine News; France, UK to Relax LockdownsEconomy

Dollar Down on Vaccine News; France, UK to Relax Lockdowns

The dollar slid and risk assets were up around the globe amid positive news on the development of COVID-19 vaccines.…

Weidmann says ECB has no Mandate in Climate Change FightEconomy

Weidmann says ECB has no Mandate in Climate Change Fight

The European Central Bank (ECB) has no democratic mandate to play a direct role in fighting climate change. This is…

The Recovering Global Economy may be Losing MomentumEconomy

The Recovering Global Economy may be Losing Momentum

The global economy is recovering from the depths of the coronavirus crisis. There are signs however, of slowing momentum in…

Stocks Set to Open Higher; Retail Earnings; Housing Data;OilEconomy

Stocks Set to Open Higher; Retail Earnings; Housing Data;Oil

Stocks will likely be up. What’s up in Lowe’s, Target (NYSE:TGT), TJX (NYSE:TJX) and Nvidia (NASDAQ:NVDA) report earnings? Housing starts…

Johnson vindicates his pro-Brexit credentials to the EUEconomy

Johnson vindicates his pro-Brexit credentials to the EU

The Downing Street machine has launched an offensive to vindicate Boris Johnson’s Brexit credentials. The Prime Minister faces the crucial…