October 30, 2020

Stock Futures Tank, Big Tech Fail To Impress

Stock Futures Tank, Big Tech Fail To Impress

European and U.S. futures are tanking on the final day of the week as investors are concerned about the rise in coronavirus cases. The number of German coronavirus cases exceeds 500K today. The big tech earnings have failed to boost confidence in their outlook. Big Tech  Big tech stocks impressed Wall Street by beating their…

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October 29, 2020

U.S. Elections, The ECB day, National Lockdown, Tech Earnings

U.S. Elections, The ECB day, National Lockdown, Tech Earnings

The U.S. and European futures are taking a breather today after suffering a massive sell-off this week. The Dow Jones dropped over 900 points yesterday, the largest one-day drop since mid-June. Traders have become highly sensitive to coronavirus related news as the daily new cases are getting out of control, and new restrictive measures are…

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October 28, 2020

U.S. Elections Keeping Traders On Edge

U.S. Elections Keeping Traders On Edge

The U.S. Elections and Gold  The financial markets and the world at large are waiting for the most important event of the year, the U.S. presidential elections, which is now less than six days away. This particular event has made investors and traders highly cautious, and no one wants to take too much risk ahead…

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October 27, 2020

Investors Become Nervous, U.S. Elections In Focus

Investors Become Nervous, U.S. Elections In Focus

Stock Market Today There are only seven days left until the U.S. presidential election, and there are still no signs of a second stimulus package. There is no doubt that investors have become a lot more nervous now than before. This is why we experienced an intra-day drop of 900 points for the Dow Jones…

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October 26, 2020

Stock Futures Retreat, Earnings And Coronavirus In Focus

Stock Futures Retreat, Earnings And Coronavirus In Focus

European futures are starting the week on the back foot, as investors are concerned about the rise in Europe’s coronavirus cases. Spain has announced a national curfew, and Italy has introduced the most restrictive Covid-19 measures to control the virus. The coronavirus situation has become a lot worse in the U.S. as well, as the…

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October 23, 2020

U.S. Elections, Stimulus Saga and Coronavirus

U.S. Elections, Stimulus Saga and Coronavirus

Stimulus Saga  Traders are still concerned about the prospects of the stimulus deal in the U.S, and this is influencing the European and U.S. futures. There is no doubt that this has become a never-ending saga; however, every day, there is another glimmer of hope.  Having said that, a full agreement on the second stimulus…

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October 22, 2020

European Stock Futures Drift Lower

European Stock Futures Drift Lower

Stock Market Today Global markets are retreating today as investors react to the top American intelligence report, which says that Iran and Russia could be attempting to interfere in the upcoming U.S. presidential elections. Investors have also become less hopeful about the possibility of a second stimulus aid package, before the U.S. election, as lawmakers…

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October 21, 2020

Risk On Trade Is Back, Netflix Misses On New Subscribers

Risk On Trade Is Back, Netflix Misses On  New Subscribers

Stock Market Today Investors believe that a stimulus deal will be done between Democrats and Republicans before the U.S. election takes place. Some of these hopes have merit because the headline number gap between Democrats and Republicans has narrowed. This means both Nancy Pelosi and Steven Mnuchin can hammer out a second stimulus deal. The…

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October 20, 2020

European Stock Futures Drift Lower

European Stock Futures Drift Lower

European futures are trading lower as traders are concerned about the surge in coronavirus cases across Europe. The situation is getting worse as Europe faces the second Covid-19 wave, and local governments are trying their best to bring the situation under control.  The Concern The current restrictive measures, which include strict lockdowns in some places,…

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October 19, 2020

Chinese Economic Growth Boost Stock Futures

Chinese Economic Growth Boost Stock Futures

Stock Market Today Investors are beginning the week with some optimism concerning the U.S. stimulus aid package, and a broader economic recovery in China is also boosting the sentiment. The Chinese economic numbers, such as the third-quarter GDP, retail sales, industrial production, and several other indicators show that China, the instigator of the pandemic, is…

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October 16, 2020

Stock Futures Fragile

Stock Futures Fragile

New restrictions, due to a surge in coronavirus cases, is very much influencing the sentiment among traders. Basically, there is no scarcity of bad news in the market. It doesn’t matter if one is looking at the potential coronavirus vaccine’s performance or the current earnings season. It is pretty much a dark cloud covering everything…

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October 14, 2020

U.S Futures Trade Higher, Goldman Sachs To Report Earnings

U.S Futures Trade Higher, Goldman Sachs To Report Earnings

U.S. futures are trading higher, and this comes despite the fact that traders aren’t that optimistic about a second stimulus aid package from the U.S. lawmakers. In addition to this, there is a lot of pessimism among investors about a potential coronavirus vaccine. J&J has halted its coronavirus vaccine along with Eli Lily & Co….

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October 13, 2020

Stock Futures Trade Lower, Earning In Focus

Stock Futures Trade Lower, Earning In Focus

European and U.S. futures are trading lower as investors have become a little cautious ahead of the U.S. earnings season, which kicks off today. In addition to this, traders are also disheartened as J&J have stopped the potential coronavirus vaccine trial due to an unknown illness of one of the trial participants.  Investors are also not…

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October 12, 2020

European Markets Begins The Week On Positive Note

European Markets Begins The Week On Positive Note

The U.S. Stimulus Package  The U.S. stimulus package remains the main focus among investors as the sparring continues between U.S President, Donald Trump and House Speaker, Nancy Pelosi. The Fed made it quite clear last week that the U.S. economy needs more support by way of a fiscal package, and a smaller package is only…

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October 9, 2020

Stock Futures Rise, Stimulus Talks Back On Track

Stock Market Today The coronavirus stock market rally is hungry for another stimulus package, and almost every day, we are getting mixed news on this. Yesterday, the House Speaker, Nancy Pelosi ruled out the standalone aid package. However, Donald Trump made a U-turn on his earlier stance on stimulus and said that stimulus negotiations are…

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October 8, 2020

Stock Futures Set To Advance

Stock Futures Set To Advance

The rollercoaster ride continues for the U.S. stocks, and there is no shortage of volatility this month. The interesting element is that the volatility is likely to remain erratic throughout this month. This may not be unusual for the month of October, but this is not your usual October.  This October is leading us into…

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October 7, 2020

Stock Futures Confused, VP Debate Ahead

Stock Futures Confused, VP Debate Ahead

European futures are trading lower as the German industrial production number has failed to impress the markets. The number came in at -0.2% against the forecast of 1.5%, while the previous reading was 1.4%. European traders are also going to be focused on Christine Lagarde’s speech. The president of the European Central Bank will provide…

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October 6, 2020

Stock Futures Steady | Oil Prices Up

Stock Futures Steady | Oil Prices Up

European futures are trading higher as traders are cheering the better than expected German economic data. Once again, it is clear that the economic recovery is on track for the Eurozone’s biggest economy, Germany. The German factory order number was highly encouraging as it came in at 4.5%, while the forecast was for 2.8%. Clearly,…

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October 5, 2020

Dow Jones Moves Higher

Dow Jones Moves Higher

The U.S. futures are trading higher, and traders are picking up on the positive momentum. There is no doubt that the primary focus among investors and traders this week is going to be on Donald Trump’s health. Any news about the improvement of his health is likely to bring relief to the markets. That is because…

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October 2, 2020

Special Report: The U.S NFP Data

Special Report: The U.S NFP Data

Today is the most important day of the month for the U.S. stock market. It is today that we will hear more about the health of the U.S. economy. I am speaking about the U.S. Non-Farm payroll data, which is also known as the mother of all economic numbers.  When Is the U.S. NFP Due?…

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