The euphoria has driven investor sentiment to new highs, technicals to extremes, and expectations for earnings to very high levels.
Two-day bitcoin sell-off wipes out $100 billion from the entire crypto market
The price of bitcoin slipped 10% in two days to fall below the $32,000 level for the first time since Jan. 11.
Millions of new investors piled into mainland Chinese stock markets in 2020
For all of 2020, new investors increased by 18.02 million to 177.77 million, official data showed. That’s about 1.5 million new accounts a month.
American Eagle sees holiday-quarter sales dropping low-single digits amid weak mall traffic
American Eagle expects fourth-quarter sales to decrease in the low-single digits, driven by a drop in store sales due to weak mall traffic during the pandemic.
United’s losses mount but airline expects to surpass 2019 margins in 2023
United Airlines posted another quarterly loss and said it expects sales to continue to struggle in the first quarter.
UK PM Johnson: Too early to say when we’ll be able to lift restrictions
Comments by UK prime minister, Boris Johnson
UK January CBI trends total orders -38 vs -35 expected
Latest data released by CBI – 21 January 2021
The drop in the headline reading suggests that UK manufacturers are expecting a sharp fall in output amid concerns on the virus situation as well as Brexit-related issues that may negatively impact supply of components and materials moving forward.
The drop in the headline reading suggests that UK manufacturers are expecting a sharp fall in output amid concerns on the virus situation as well as Brexit-related issues that may negatively impact supply of components and materials moving forward.
What to expect from the ECB later today?
It is going to be more about staying on the sidelines for Lagarde & co.
After the , the ECB is going to adopt a more ‚wait and see‘ approach in the coming months as they await more key developments to play out before signaling any interest to change their policy stance later in the year.
After the , the ECB is going to adopt a more ‚wait and see‘ approach in the coming months as they await more key developments to play out before signaling any interest to change their policy stance later in the year.
Merkel: Tough restrictions are beginning to pay off but number of deaths are still shockingly high
Comments by German chancellor, Angela Merkel
An update to the latest view of the situation by the German government, which still suggests that lockdown measures may still be needed beyond the middle of February.
An update to the latest view of the situation by the German government, which still suggests that lockdown measures may still be needed beyond the middle of February.
Biden set to issue sweeping orders to tackle coronavirus pandemic
Biden to invoke orders to overhaul US approach to combat the virus crisis
Although Biden does promise to increase vaccine supply, the timeline in which the vaccine will be made available to the mass public is still relatively unknown for now. But he does pledge to vaccinate 100 million people in 100 days, so we’ll see.
Although Biden does promise to increase vaccine supply, the timeline in which the vaccine will be made available to the mass public is still relatively unknown for now. But he does pledge to vaccinate 100 million people in 100 days, so we’ll see.