“UK GDP data is in line with what we think it would be”Said Bank of England Governor Andrew Bailey in a speech scheduled at the Financial Times Global Digital Conference on Thursday. Additional comments: We had a strong recovery. But we still have a big gap. The recovery has been very uneven. As for the […]
Tag: Last minute
S&P 500 Soars to All-Time Highs on Coronavirus Vaccine Optimism
The S&P 500 Index (SPX) rose to a new all-time high on Monday after Pfizer and BioNTech announced that their experimental vaccine for COVID-19 was “more than 90% effective.”. At the time of writing, the SPX is up 3.75% on the day at 3,640. Meanwhile, the Dow Jones Industrial Average has also reached a new […]
Biden takes the lead in Georgia with 99% of votes counted
With 99% of the estimated votes counted in Georgia, there seems to be a change in the expected result, as the former vice president Joe Biden takes the lead. President Trump has weakened on the battlefield state after his lead has continued to shrink in recent hours. It seems unlikely that he can win back […]
Euro soars above 1.1800 as market optimism takes hold
The EUR / USD has risen above 1.1800, reaching the highest level in more than a week as markets celebrate the prospects for a decisive outcome in the US election. Democratic candidate Joe Biden is leading the outcome against Donald Trump, though Congress is likely to remain divided. Watch 2020 Election: Markets Celebrate Prospects for […]
BoE leaves rates unchanged and expands QE to 875 billion pounds
The Monetary Policy Committee of the Bank of England (BoE) has decided to leave the benchmark interest rate unchanged at 0.10% at its monetary policy meeting in November, while the second national lockdown begins this Thursday. The BoE has expanded the Quantitative Easing (QE) program by £ 150 billion to £ 875 billion. Market reaction […]
Joe Biden wins at Wisconsin
Joe Biden wins at Wisconsin. Republican President Donald Trump lost in Wisconsin for the first time since 1984 in the last election by a very narrow margin. However, the results now show that Wisconsin voters, by an almost identical margin, have backed Democrat Joe Biden. From here, the end result of this turbulent election now […]
President Trump Says “We Won States We Didn’t Expect”
“We won states we did not expect to win“said the President of the United States, Donald Trump, while speaking from the East Room of the White House, adding that”we are preparing for a great celebration“. Key Comments: “This is without a doubt the last press conference I have ever had.” “Millions and millions of people […]
Biden says that “we are going to win this election”, Trump also claims “a great VICTORY”
“We are sure that we will win these elections“Democratic presidential candidate Joe Biden said in a statement on Wednesday. Additional comments: “Soy optimistic about this result and I want to thank you all. ” “We believe that we are on the way to winning these elections. ” “Ask for patience until all the votes are […]
Fox reports Arizona is for Biden, the race is ready to go
Former vice president Joe Biden has won Arizona according to Fox News. He is leading against President Donald Trump by a wide margin in the Southwestern state. On the other hand, it is said that Florida, a big state, is for Trump. In the Senate race in Arizona, Democrat Mark Kelly has won against incumbent […]
Risk sentiment plummets as the gaps in the US electoral race narrow.
Donald Trump he’s leading the popular vote by nearly a million votes right now and forex risk sentiment doesn’t like his smell. The dollar has skyrocketed and higher beta currencies like the Australian dollar are crashing. A popular means of measuring risk appetite in the currency market is through the AUD / JPY cross which […]
