Via Reuters
Tech leads the way as Alibaba beats estimates
Via Reuters
The role of tech leading the way through COVID-19 was once again confirmed last week when Alibaba beat estimates. Here was the headlines:
Alibaba’s stock has risen 23% this year as a ’stay at home‘ stock which investors have been backing as winners in a COVID-19 shut down world. Alibaba is also seen as a
The role of tech leading the way through COVID-19 was once again confirmed last week when Alibaba beat estimates. Here was the headlines:
Alibaba’s stock has risen 23% this year as a ’stay at home‘ stock which investors have been backing as winners in a COVID-19 shut down world. Alibaba is also seen as a
UK’s rising debt problem
Rising debt
The UK has to decide how to handle its rising debt level which has now increased to more than £2 trillion. UK borrowing is now above 100% of its GDP for the first time since 1963.
The UK has to decide how to handle its rising debt level which has now increased to more than £2 trillion. UK borrowing is now above 100% of its GDP for the first time since 1963.
Reasons for more EURCHF downside
via Bloomberg
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Seeing the rise in SNB deposits makes me think the SNB face another uphill battle to keep the EURCHF pair supported
An article from Bloomberg just out supports the same outllook seeing downside ahead for the EURCHF. Here is the rationale:
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Seeing the rise in SNB deposits makes me think the SNB face another uphill battle to keep the EURCHF pair supported
An article from Bloomberg just out supports the same outllook seeing downside ahead for the EURCHF. Here is the rationale: