Labor market data known as Nonfarm payrolls, which was published a day earlier than usually - on Thursday, 2 July 2020 - due to U.S. Independence Day celebrations, caused a positive surprise. The reported data showed that there was an increase of 4.8 million jobs compared to...
In the recent weeks the United States has seen the largest one-day increase in coronavirus cases, and the State of California, along with several others, have reintroduced some restrictive measures. This has just raised investors' concerns regarding a possible return of COVID-19 on a larger scale and...
At present, according to analysts, the commodity of gold will soon reach the price of US$ 1,800 per troy ounce. However, financial strategists state that its price could even reach US$ 2,000 per troy ounce. On 26 June 2020, at 7:22 am CET, investment gold traded at...
According to world economic correspondents the mutual political and especially trade relationship between the United States of America (USA) and the European Union (EU), represented by the top politicians and representatives of the economic sphere is considered to be at least very irresponsible at least. In particular,...
During the last trading day of this week, which is the 25th of 2020 the oil price rose on the commodity market. According to economic correspondents and financial strategists, the current business trend of the bull market is the result of renewed investor confidence in reducing crude...
At the Federal Open Market Committee (FOMC) meeting,  which traditionally took place over two days on  9 and 10 June, the Central Bank of the USA - the Federal Reserve System (Fed) - left the interest rate in the range of 0-0.25% p.a. assuming that the FOMC...

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Investors diversify their portfolios with cobalt

The current situation on the financial market, both - the commodity market and, in particular, the stock market - reflects investors' considerable...

CVS raises 2020 earnings forecast as fewer insurance claims boost second-quarter profit

(Reuters) - CVS Health Corp (N:CVS) raised its full-year profit forecast and beat Wall Street expectations for quarterly profit on Wednesday, as a drop...

Apple Stock Split Fuels Retail-Trader Bets on Further Gains

(Bloomberg) --Apple Inc.'s planned stock split in the wake of the surge in its shares and strong earnings is stirring more bets on the...

As dollar slides, some investors fret about its status as world’s reserve currency

By Saqib Iqbal Ahmed NEW YORK (Reuters) - Some investors are worried the U.S. response to the coronavirus pandemic is dealing a body blow to...

Global Banks Failed to Close Lira Trades When Liquidity Dried Up

(Bloomberg) -- Several international banks failed to close their lira positions with Turkish counterparts on Tuesday, an outcome of policies that are keeping a lid on local-currency...