The United States Presidential election is one of the notable events that impact the financial markets since each president has his ways to run the country. He will be deciding on ties with other countries like China and Russia, and choosing a tax plan that could impact the income and spending for citizens and corporations, and much more.
October 30, 2020
Major US stock-index futures dropped further as the second wave of Coronavirus continued to weigh on the global economic outlook. Governments around the world are moving back to movement restrictions to halt the spread of the virus, which is weighing on business expectations.
October 29, 2020
The euro was almost unchanged against other major currencies following yesterday's sharp drop as investors await the European Central Bank Monetary meeting.
October 28, 2020
The Euro fell against other major currencies as the coronavirus cases soar in Europe, implying further restrictions on activity. The recently released economic data showed that the recovery in the Euro region is losing pace.
October 27, 2020
Major US stock index futures recovered partially during the Asian session from the sharp losses incurred yesterday. The soaring coronavirus cases and waning chances of a deal over the next fiscal stimulus package before the US elections weighed on investors' risk appetite.