2021 began promisingly enough with the dollar down and global equities bid, but by the end of the US cash session, optimism turned to pessimism
Day: January 4, 2021
America The ‘Torn Superpower’ Is Biggest Global Risk, Not COVID: Report
You might be inclined to think that COVID-19 naturally lands at the top of every “biggest risks” list for 2021. After all, the pandemic killed
Bubble, Bubble, Froth & Frenzy
“To wake [up] and see Bitcoin down 15% at one point overnight was certainly reflective of [a] ‘speculative overshoot’ feel which has more people flagging
NYSE Backtracks On Chinese Telco Delistings As Market Eyes Oil Majors
Late last week, the NYSE said it would delist China Mobile, China Unicom, and China Telecom, consistent with Donald Trump’s November executive order banning US investments
Markets Pleased With Prospect Of More Dollar Weakness To Start 2021
Propelled by a weaker dollar, risk assets looked to kick off the new year on a positive note, as global equities and commodities initially rose,
Manufacturers Are Manufacturing. Which Is Good
Factory check! Because nothing’s more exciting on the first day of trading in a brand new year than a deluge of bland PMIs. Although it
