fundamental analysis

  1. IFC Markets

    The US authorities are unlikely to approve an economic aid package before the election - 15.10.2020

    Top daily news Stock indices dropped and the greenback strengthened after US Treasury Secretary Steve Mnuchin said there was too little time left before the November 3 presidential election.The US authorities will not have time to pass a law on the allocation of funds to support the economy...
  2. IFC Markets

    Equities advance halts after Trumps positive corona test - 2.10.2020

    Top daily news Global markets are retracing lower currently after President Trump tweeted “tonight, @FLOTUS and I tested positive for COVID-19. We will begin our quarantine and recovery process immediately.” Wall Street extended gains Thursday led by technology shares on hopes lawmakers will...
  3. IFC Markets

    Global equities’ rally intact - 1.10.2020

    Top daily news Stock market advance continues currently after a bullish session Wednesday on additional stimulus hopes. Tesla rose 2.37% outperforming the market, while Amazon shares rose 0.12% -underperforming. Forex news Currency Pair Change EUR USD +0.03% GBP USD +0.62% USD JPY...
  4. IFC Markets

    Equities advance intact ahead of first presidential debate - 29.9.2020

    Top daily news Global stocks rebound continues currently ahead of first US presidential debate today after a bullish run on Monday led by energy shares. Risk on sentiment was boosted by House Speaker Pelosi’s weekend comment that a deal on new aid can be achieved. Apple advanced 2.38%...
  5. IFC Markets

    Global equities’ retreat intact - 24.9.2020

    Top daily news Downdraft continues in stock markets currently after a slump on Wednesday as Fed chair Powell told interest rates would remain low until at least 2024 and “there is a long way to go” for recovery from the economic downturn. Large capitalization technology shares led losses with...
  6. IFC Markets

    Stocks’ retreat persists - 22.9.2020

    Top daily news Global equities are broadly in retreat currently after a selloff on Monday led by banking shares as Fed’s Powell told it’s up to Congress to provide aid to some troubled companies. Apple advanced 3.03%, outperforming market, while Google shares fell 1.44%. Forex news...
  7. IFC Markets

    Equities trade cautiously after Wall Street slump - 18.9.2020

    Top daily news Global markets are edging higher currently after Wall Street retreat broadened Thursday led by technology shares. Tesla underperformed market dropping 4.1% . Berkshire Hathaway stock also underperformed market, down 1.03% Thursday. Forex news Currency Pair Change EUR USD...
  8. IFC Markets

    Markets retreat as Fed sees lower rates for next few years - 17.9.2020

    Top daily news Global equities are in freefall currently after a mixed session on Wednesday as Fed chair Powell told interest rates would remain low until at least 2024 and more fiscal support is likely to be needed. Large capitalization technology shares led losses with Apple falling 2.95%...
  9. IFC Markets

    Global markets rebound ahead of Fed meeting - 15.9.2020

    Top daily news Equities are rising currently after a bullish session on Monday led by technology shares as Treasury Secretary Mnuchin said the Trump administration will review the proposal from Oracle to make Chinese-owned TikTok a US-headquartered company. Apple advanced 3.0%, outperforming...
  10. IFC Markets

    Global markets retracing higher after rebound halted - 11.9.2020

    Top daily news Equities are edging higher currently after Wall Street rebound faded Thursday led by technology shares. Technology stocks with too high current valuations resumed declining as Democrats blocked a Senate Republican bill on $300 billion new coronavirus aid. Apple stock, down...
  11. IFC Markets

    Markets up in cautious trading ahead of ECB meeting - 10.9.2020

    Top daily news Equity markets are mostly rising currently after a rebound on Wednesday led by large capitalization technology shares. Investors are awaiting the European Central Bank decision in light of US Federal Reserve adopting average inflation targeting policy. Forex news Currency...
  12. IFC Markets

    Global markets retreat after Wall Street selloff - 4.9.2020

    Top daily news Equity markets are in the red currently after the Wall Street selloff Thursday led by technology shares. Forex news Currency Pair Change EUR USD -0.08% GBP USD +0.59% USD JPY -0.01% The Dollar strengthening is intact currently ahead of the US non-farm payroll report...
  13. IFC Markets

    Markets take a breather after notching fresh records - 3.9.2020

    Top daily news Equity markets are mixed currently after another bullish session Wednesday still led by large capitalization technology shares despite disappointing US employment data. Investors sentiment was buoyed by reports Treasury Secretary Steven Mnuchin restarted talks with House...
  14. IFC Markets

    Global rally intact - 31.8.2020

    Top daily news Equity markets are rising currently after another bullish week ended last Friday. Market sentiment got a boost from Federal Reserve’s policy shift to average inflation targeting that would allow higher inflation implying easy monetary policy for longer. Forex news Currency...
  15. IFC Markets

    Global markets choppy after Fed policy announcement - 28.8.2020

    Top daily news Equity markets are mixed currently after a choppy trade Thursday as Federal Reserve announced a shift in policy framework that will place more emphasis on boosting economic growth and less on worries about letting inflation run too high. Forex news Currency Pair Change EUR...
  16. IFC Markets

    Markets trade cautiously ahead of Powell speech - 27.8.2020

    Top daily news Equity markets are mixed currently after another bullish session Wednesday highlighted the technology leadership in the continuing rally. Investors are awaiting the address by Federal Reserve Chair Powell today at the Kansas City Fed Jackson Hole symposium, where he will talk...
  17. IFC Markets

    Equities rally continues as Republican Convention starts - 25.8.2020

    Top daily news Global markets are advancing currently after a bullish session on Monday as Republicans opened their national convention in Charlotte, North Carolina. Republicans formally nominated President Trump for another term. President Trump said Democrats are “ using COVID to defraud...
  18. IFC Markets

    Global rally intact as blood plasma use authorized for coronavirus treatment - 24.8.2020

    Top daily news Equity markets are rising currently after another bullish week ended last Friday. Market sentiment got a boost from US authorization of the blood plasma use from recovered patients as a coronavirus treatment option. Forex news Currency Pair Change EUR USD -0.4% GBP USD...
  19. IFC Markets

    Markets rebound led by technology shares - 21.8.2020

    Top daily news Global markets are advancing currently after a rebound Thursday. US markets’ rally resumed yesterday despite data showing an uptick in jobless benefits applications. Forex news Currency Pair Change EUR USD +0.12% GBP USD -0.63% USD JPY +0.08% The Dollar weakening is...
  20. IFC Markets

    Global markets pull back after dovish Fed minutes - 20.8.2020

    Top daily news Equity markets are in red currently after Fed policymakers’ comments in the July meeting minutes released Wednesday highlighted uncertainties over the US recovery. As Investors are awaiting when US lawmakers will restart negotiations on fresh coronavirus relief Democratic House...