Category: Coronavirus (COVID-19) SARS-COV-2
Global Stocks Gain, Bonds Fall Due to Vaccine Possibility
On Wednesday, bonds dropped and global stocks gained as news of an effective coronavirus vaccine outweighed worries about increasing infections. This fueled movement towards cut-price…
Asian Shares Bounce due to Upbeat China Factory Activity and Oil Drops
On Monday, Asian shares bounced back from one-month lows helped by the news that activity in the Chinese factories had expanded at the fastest pace…
Stocks and Oil Tumble for the Week on U.S. Election and Virus Angst
On Friday, stocks across the globe resumed their slide and a double-digit weekly decline was seen in oil on increased concerns about the economic impact…
Dollar Stabilizes as New Lockdowns in Europe Subdue Risk Appetite
On Thursday, the dollar edged up a bit higher, while riskier currencies remained a bit subdued, as markets were worried about the second wave of…
Sterling Declines Against the Dollar Ahead of the U.S. Elections
On Wednesday, Sterling declined against a strengthening U.S. dollar, as markets became risk-averse due to a resurgence of coronavirus infections in Europe, which has prompted…
World Stocks Lift on Pfizer Vaccine Hope
On Friday, global shares bounced while safe havens, such as the U.S. dollar, were on the defensive, as investors welcome the news of Pfizer Inc,…
Dollar Retains Gains while Euro Declines
On Wednesday, the dollar index retained the recent gains it has made while the euro hit a nine-day low, as the global equity markets maintained…
Shares Struggle as China Data Overshadowed by Coronavirus
On Tuesday, European shares struggled as Chinese trade data was overshadowed by the worries relating to the coronavirus pandemic. The data highlighted a buoyant recovery,…
Global Stocks Boosted by Stimulus Possibility and China’s Surge
On Monday, global stocks achieved five-weeks highs led by the post-holiday surge in China, as investors are expecting a steady recovery of the no. 2…
Stablecoin Demand Increased Rapidly Amid Coronavirus: Circle CEO
Stablecoins The company solely focusing on the stablecoins – especially USDC- has witnessed a rapid increase in the worldwide demand of stablecoins amid Coronavirus outbreak….
