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Chinese Retail Data and OPEC+ Fall in Oil Production in May
UNITED STATES The weaker tone of the week has continued yesterday for Asia and European sessions, culminating with an almost …
Economic Recovery “May Take Some Time to Gather Momentum”
UNITED STATES Stock market dropped on Wednesday as Fed Chairman Jay Powell warned investors on Wednesday that an economic recovery …
UK Suffers Its Worst Ever Recession in Over Three Centuries
UNITED STATES The UST held on to its gains, while the S&P 500 closed 2% lower owing to comments from …
Saudi Arabia and Allies Announce Additional June Oil Production Cuts
UNITED STATES The S&P and NASDAQ remained in the green for a third successive day while the DOW closed lower …
Turkish Inflation Cools for the First Time Since October
COVID-19 UPDATE The UK crossed the 55,000 mark on Tuesday with Prime Minister Boris Johnson now in intensive care as …
UK Sovereign Credit Downgraded as Coronavirus Hits Key Government Personnel
COVID-19 UPDATE It took just 7 days for confirmed cases to double last week with over 700,000 infected as at …
ECB Unveils €750 Billion Emergency Stimulus
COVID-19 UPDATE Wednesday saw the number of confirmed cases top 200,000 as 20,014 new cases were confirmed worldwide. To highlight …
US Prepares $850 Billion Stimulus Package as Coronavirus Hits All States
COVID-19 UPDATE Confirmed coronavirus infections are likely to pass the 200,000 mark on Wednesday following a surge on Tuesday which …
Bank of England Makes Emergency 50bps Rate Cut
COVID-19 UPDATE 4,896 new cases of COVID-19 were confirmed globally on Monday with only 19 of the cases being in …