May 11, 2020

Coronavirus Comeback: What’s Up with Wall Street?

Coronavirus Comeback: What’s Up with Wall Street?

The worst unemployment report since the Depression era screamed across computer and television screens Friday morning, announcing that a breathtaking 20.5 million Americans lost their jobs in April and unemployment rate soared to 14.7%. Wall Street’s response? All three major U.S. indexes finished last week with gains; the S&P 500 has bounced more than 30%…

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May 6, 2020

These Billionaires Got $283B Richer During Coronavirus

These Billionaires Got $283B Richer During Coronavirus

It’s fair to say that the brutality of the coronavirus stock market crash caught everyone off guard. But while we’re still licking our wounds, and as the coronavirus pushes millions into unemployment and a deep recession looms large over the global economy, it seems that America’s billionaires are becoming even richer. According to a new…

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April 30, 2020

30.04.2020: Hopes Are High On Drug Treatment

30.04.2020: Hopes Are High On Drug Treatment

Yesterdays price action was particularly important, as at 13:30 (UK time) we had the US GDP numbers. Additionally, yesterday we received news from Gilead Science that one of the drugs they are working on for Coronavirus seems to be extremely effective in curing those who are ill with the virus. To find out how this…

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April 24, 2020

24.04.2020 Coronavirus Update: UK Retail Sales Data Plunged

24.04.2020 Coronavirus Update: UK Retail Sales Data Plunged

Markets are trading to the downside. This is because investors were hoping that the drug for Covid-19 that Gilead Science was working on would bring an end to the virus and to the economic crisis. However, as results were not as expected, we can see this effecting the markets. To find out more about Covid-19…

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April 23, 2020

Warren Buffett’s Best Coronavirus Stock (So far) In 2020

Warren Buffett’s Best Coronavirus Stock (So far) In 2020

Thought you got hammered in the market? Despite the fact that Warren Buffett has an excellent track record of navigating market crashes, take a look at The Oracle of Omaha’s portfolio, and you might feel a lot better about yours:   % of Total Performance (%) Ticker Company Name Portfolio YTD Since 2/19 AAPL Apple…

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April 23, 2020

23.04.2020 Coronavirus Update: ECB Will Buy Junk Bonds

23.04.2020 Coronavirus Update: ECB Will Buy Junk Bonds

Looking at the European economic numbers it is clear that Covid-19 is having a huge affect on the markets. As a result of these numbers the  European Central Bank has followed in the footsteps of the Fed and will buy junk bonds. Additionally, they will be developing an EU fund which will provide some support…

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April 22, 2020

What the Market Might Have Looked Like in A World Without Coronavirus

What the Market Might Have Looked Like in A World Without Coronavirus

“I’ve long felt that the only value of stock forecasters is to make fortune-tellers look good. Even now, I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children.”- Warren Buffett Prophecy, it…

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April 22, 2020

22.04.2020 | US Approves Another $500 Billion Budget

22.04.2020 | US Approves Another $500 Billion Budget

Equity markets are trading higher as the US got approval for 500 billion dollars’ worth of loan for small business. Investors were very worried about the small business as bankruptcy would hugely affect the markets. Whilst equity markets are rising, Oil is at an all-time historic low. Watch Naeem Aslam AvaTrade’s Chief Market Analyst to…

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April 21, 2020

21.04.2020: Crude Oil Became The Biggest Victim

21.04.2020: Crude Oil Became The Biggest Victim

Coronavirus continues to affect the financial markets. The extent of the ramifications of the virus are still unknown, however, yesterday we saw a dramatic turn as crude oil traded in negative territory. To understand this dramatic change, and learn more about the effects of the virus on the markets watch AvaTrade’s Chief Market Analyst Naeem…

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April 20, 2020

20.04.2020 – Focus Is On Exit Strategies

20.04.2020 – Focus Is On Exit Strategies

All eyes are on Britain’s exist strategy. The pressure is on Boris Johnson who suffered criticism for starting the lockdown to late, and therefore caused damage to the economy and to the health of his citizens. How is the Dollar/Sterling trading as a result of the lockdown? Watch Naeem Aslam AvaTrade’s Chief Market Analyst to…

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April 16, 2020

16.04.2020: What To Make of Earnings Season?

16.04.2020: What To Make of Earnings Season?

Traders are unsure whether to be hopeful or pessimistic. On the one hand there is huge optimism as China reopens its economy and the pandemic seems to be finally under control, on the other hand countries like the US seem to still be fighting a losing battle against Covid-19. Watch Naeem Aslam, AvaTrade’s Chief Market…

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April 15, 2020

15.04.2020: Germany Extends Its Lockdown

15.04.2020: Germany Extends Its Lockdown

Over in Germany we can see a surge in the number of Coronavirus cases, however it is interesting to note that Germany has announced that their lockdown will continue until the 3rd of May. Clearly Germany is in no rush to re-open the economy. The US seem to be doing quite the opposite. Donald Trump…

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April 15, 2020

Coronavirus and Market Volatility: What’s Next for Gold Prices?

Coronavirus and Market Volatility: What’s Next for Gold Prices?

After seeing some wild daily swings in March, could the economic instability inflicted by the coronavirus pandemic be setting up gold prices to break out to new highs in April? Gold prices gained in volatile trading this week amid weakening appetite for risk as rising deaths dampened hopes for a swift containment of the coronavirus….

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April 14, 2020

Coronavirus and The Markets: Kicking Off Earnings Season

Coronavirus and The Markets: Kicking Off Earnings Season

U.S. stocks are coming off their biggest week of gains since 1974. The S&P 500 rebounded 25% from a low reached on March 23rd, and so did the broader market average. The market’s latest rally has been fueled mainly by three factors: an improving outlook on the coronavirus outbreak, massive monetary and fiscal stimulus and…

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14.04.2020 | Gold price Surges and Markets Move Higher

14.04.2020 | Gold price Surges and Markets Move Higher

Looking at the import and export numbers coming from China we can be optimistic. The numbers are far better than expected. Whilst this is a reason for some optimism we must keep in mind that the world’s biggest economy, the United States, is still suffering greatly from the Coronavirus. To learn more watch AvaTrade’s Chief…

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April 10, 2020

10.04.2020: Markets Continued Their Rally

10.04.2020: Markets Continued Their Rally

The federal Reserve has increased its liquidity program by another 2.3 trillion dollars. It has increased its liquidity program to try and cushion the effects of coronavirus on the markets.   Additionally, the Equity market continues to show its resilience in the face of coronavirus. Is this as a result of the Federal Reserve’s monetary…

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