US indices were thrown into disarray last week as an army of retail traders poured into stocks with heavy short interest like GameStop. What makes for an intriguing story is also immensely risky fo…
Archiv für den Monat: Januar 2021
Euro Forecast: EUR/USD to Shrug Off Any Hints of an ECB Interest Rate Cut
Nobody is seriously expecting the ECB to cut Eurozone interest rates any time soon. It appears keen to persuade the markets that a reduction is possible but there’s little chance EUR/USD will react.
Gold Price Forecast: Is Gold at Risk From a US Dollar Turning Point?
Gold prices consolidating, however, US Dollar may present a risk.
US Dollar Forecast: Where to After GameStop Short-Squeeze Rattled Markets?
The US Dollar may remain in a consolidative state as fundamental risks, such as fiscal stimulus bets, non-farm payrolls and “short-squeezing”, threaten broader stock market sentiment.
ICYMI: Australia’s Perth goes into five-day lockdown after hotel quarantine security guard tests positive for COVID-19
That puts an end to Western Australia’s 10-month coronavirus-free streak
This comes as the security guard working at the hotel – which serves as a quarantine facility for inbound travelers – tested positive for COVID-19 with fears it could be a UK or South African variant. Western Australia premier, Mark McGowan, said that:
This comes as the security guard working at the hotel – which serves as a quarantine facility for inbound travelers – tested positive for COVID-19 with fears it could be a UK or South African variant. Western Australia premier, Mark McGowan, said that:
Germany bans travel entry from UK, Brazil, South Africa, Portugal, Ireland over coronavirus variants
The travel ban will stay in effect until 17 February at least
ICYMI, the restriction has gone into effect yesterday and covers land, air, and sea travel into the country, according to local media citing the German interior ministry.
ICYMI, the restriction has gone into effect yesterday and covers land, air, and sea travel into the country, according to local media citing the German interior ministry.
China January PMIs: Manufacturing 51.3 (vs. expected 51.5) & Non-manufacturing 52.4 (expected 55.0)
China’s China’s National Bureau of Statistics (NBS) official survey PMIs
The PMI index of manufacturing sentiment hit a 38-month high of 52.1 in November last year. Its been above 50, and in ‚expansion‘ for most of 2020 despite the pandemic impact. China’s policy of „internal circulation“ (in a nutshell business buying locl inouts rather than imported where
The PMI index of manufacturing sentiment hit a 38-month high of 52.1 in November last year. Its been above 50, and in ‚expansion‘ for most of 2020 despite the pandemic impact. China’s policy of „internal circulation“ (in a nutshell business buying locl inouts rather than imported where