Commenting on the European Commission's proposed recovery plan, German Finance Minister Olaf Scholz said that the proposals build on what France and G
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A particular opportunity in Chinese stocks – UBS
Economists at UBS forecast a U-shaped recovery and expect Chinese equities to outperform developed markets. Key quotes “In our central scenario, we se
Fed's Williams: May or June could be low point for economy
There is a lot of uncertainty about how the economy will evolve but there could be a significant rebound in the second half of 2020, New York Federal
EUR/USD Price Analysis: Bulls await a sustained move beyond 200-day SMA
The EUR/USD pair rallied nearly 100 pips from an intraday low level of 1.0934 and jumped to the highest level since early April. Bulls, however, strug
US: Richmond Fed Manufacturing Index recovers to -27 in May vs. -47 expected
The activity in the Federal Reserve's Fifth District's manufacturing sector continued to decline at a softer pace in May than it did in April with the
Wall Street opens mixed, falling tech shares weigh on Nasdaq
Following Tuesday's impressive rally, Wall Street's main indexes started the day on a mixed tone on Wednesday. As of writing, the Dow Jones Industrial
Gold Price News and Forecast: XAU/USD at $1,700 again [Video]
With broad risk appetite turning positive in recent sessions, we have seen gold slipping lower. The positive near term outlook been gradually replaced
United States Richmond Fed Manufacturing Index above expectations (-47) in May: Actual (-27)
United States Richmond Fed Manufacturing Index above expectations (-47) in May: Actual (-27)
S&P 500 Price Analysis: US stocks battling with the 3000 mark
After the February-March collapse, the S&P 500 is recovering a great part of the lost ground. The market is trading in 2.5-month highs above its main SMA on th
AUD/USD plummets to session lows, further below 0.6600 mark
The AUD/USD pair extended its sharp intraday pullback from the highest level since mid-March and dropped to fresh session lows, below the 0.6600 mark