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A number of stories have emerged pointing out a supposed disconnect between “Main Street” — the US economy which is being hit by the pandemic — and Wall Street — which has seen stocks rally.But there are signs that the US economy has already bottomed and activity is starting to come back.And since equities are forward looking, the gradual recovery of the stock market actually makes sense.Does that mean things in the economy are good？ Of course not. But stocks tend to get better before the…Continue
Posted on June 8, 2020 at 6:11am
Several hedge fund giants have raised their bullish bets on gold, according to Wall Street source.To get more news about Shi Jin Investment, you can visit wikifx news official website.
These include Elliott Management led by Paul Singer, Caxton Associates managed by Andrew Law and Dymon Asia Capital founded by Danny Yong.
According to latest Commitment of Traders report released by the US Commodities and…
Posted on June 8, 2020 at 6:00am
Bank of England recently announced the latest interest rate decision as the 9 members of Monetary Policy Committee(MPC) agreed unanimously to hold benchmark interest rate at 0.1%.To get more news about TurboForex, you can visit wikifx news official website.
MPC also voted by a majority of 7:2 to keep bond purchase volume at 6,450 pounds, which was in line with market expectation.The 2 policymakers proposed to add…
Posted on June 8, 2020 at 5:51am
Did you know that there is 4 seasons to the forex market. New traders are often caught out attempting to trade the same strategy throughout the year, often giving back their hard work during the winter and summer doldrums seasons.To get more news about AAFT GLOBAL, you can visit wikifx news official website.
The daily turnover reached $6.6trillionin April 2019. That is a massive amount of turnover in anybodys…
Posted on June 8, 2020 at 5:42am