Zoom’s share price continues to see a lot of volatility as more workers are returning to the office and the group is struggling to keep the momentum going now, we are well beyond the pandemic.
The Federal Reserve is meeting for the second day in a row and its decision on interest rates is scheduled to be announced this evening at 18:00 BST. This is a vital macroeconomic indicator of expectations for the US economy.
Recent weak US economic data have been mostly ignored by the market, under the logic that the powerful stimulus plans from governments and central banks will set the stage for a quick recovery and the carnage has been signaled well in advance.
Politicians and commentators have mixed feelings over whether Britain should, in the wake of the pandemic, stay allied to EU rules for a longer period.
Markets and economies around the world continue to suffer from the spread of the coronavirus with statistics showing the extent of the negative impact in what is possibly
The US employment report for April will hit the markets at 12:30 GMT today and will reveal just how much economic damage the pandemic has inflicted on the American economy. This data is significant and is one of the key fundamentals for the Fed to determine the new course of monetary policy.
The latest drop in the Western Texas oil (WTI) in April has forced the Organisation of the Petroleum Exporters and its allies (OPEC+) to make a deal with several other countries including the United States and Russia, to start lowering production levels. The deal led by the allies and Russia agreed to cut output by 9.7m barrels a day in May and June, a record cut, in order to balance the mismatch between supply and demand.
The first quarter earning session will be very pivotal for investors. With not too many COVID-19 post economic data so far, the first direction will be the guidance of corporate executives which could be priceless. In a sense, while earnings and guidance will probably be gloomy overall, there might be huge contrasts between sectors.
The world’s biggest producer of crude found itself in an unusual situation in which its oil was less than worthless. Prices of the benchmark West Texas Intermediate (WTI) futures contracts crashed into negative territory for the first time in history.
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