Biden’s lead is widening, NFP numbers on the horizon

By Haris Kaitis | November 6, 2020 | Comments Off on Biden’s lead is widening, NFP numbers on the horizon

While the election saga continued in the US and Trump’s chances of winning keep decreasing with more votes being counted, the markets sustained its positive sentiment on the day, pricing out the uncertainty of the next president and welcoming the democratic lead, although risk assets gave up some of their daily gains after US investors…

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US Elections

By Haris Kaitis | November 5, 2020 | Comments Off on US Elections

All eyes yesterday were on US elections which turned on to be a really close race. Analysts were counting chances of candidates to win in different states and the story is still not over, however, after winning Wisconsin and Michigan we can be almost sure the Joe Biden will be the next US president. Stocks…

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A crucial week to start with presidential elections, new lockdown measures in Europe and plethora of economic releases due this week.

By Haris Kaitis | November 2, 2020 | Comments Off on A crucial week to start with presidential elections, new lockdown measures in Europe and plethora of economic releases due this week.

We are starting one the most crucial weeks of the year with US elections, Brexit negotiations, surge in corona virus and multiple economic releases including US jobs reports, BoE and Fed meetings scheduled to happen next few days. U.S. stocks dropped, extending their worst weekly rout since March, after earnings from the biggest tech companies disappointed investors…

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Markets opened this Monday morning in a risk off mood. Only one week is remaining before US elections.

By Haris Kaitis | October 26, 2020 | Comments Off on Markets opened this Monday morning in a risk off mood. Only one week is remaining before US elections.

Markets opened this Monday morning in a risk off mood with US and European futures opening to the downside due to surging corona virus cases in Europe and software giant SAP issuing a profit warning. The second wave proves to be worse than the first. DAX traded around 2.3% lower, FTSE dropped around 0.5%, both…

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White house now open to potential compromise on a stimulus plan.

By Haris Kaitis | October 9, 2020 | Comments Off on White house now open to potential compromise on a stimulus plan.

What I’m sure we’ll all miss if Trump doesn’t get re-elected is the constant confusion as to what’s going on. Whether it’s about medical properties of bleach as a treatment for COVID or going from “there will be no fiscal bill before elections” to a stimulus deal having a “really good chance” in the span…

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