Trump Impeachment Trial #2 Underway, S&P 500 In The Red
While Trump’s impeachment trial won’t have a direct impact on the markets, it may significantly delay more COVID-19 stimulus. Full Article
Joe Biden Sworn In As 46th U.S. President
For now, any nagging political uncertainties have subsided. Trump is out, Biden is in. Full Article
Trump Impeached Again, Greenback Lags
While there are no certainties with the incoming Biden administration, the table is set for a massive post-Trump COVID-19 stimulus package. Full Article
USD Rallies As Congress Debates Impeachment
At press time, a second Trump impeachment is in the works. For the USD/CHF, the news cycle has meant whipsaw trade and a noncommittal tone. Full Article
Gold’s Safe Haven Appeal Supported by Rise in Fresh Cases, Restrictions
Gold is trading bullish in early trading on Wednesday as the US dollar turns weaker even as a continued surge in fresh coronavirus infection Full Article
U.S. Stocks Flat, Trump Due To Speak Later Today
With last Wednesday’s Capitol breach still fresh in everyone’s minds, Trump will speak publicly for the first time later today. Full Article
Impeachment Proceedings Underway In The U.S. Congress
Aside from eliminating Trump from the 2024 election, it’s unclear what Congress intends to accomplish by impeaching the President. Full Article
WTI Crude Oil Prices Steady – EIA Data, Saudi Arabia’s Cuts Support
WTI crude oil prices are holding steady early on Thursday, a day after violent protests at the Capitol, as markets focused on the positive Full Article
Democrats On The Verge Of Senatorial Control
The Democratic party is very close to assuming control of both the Legislative and Executive branches of the U.S. government. Full Article
The AUD Falters at the Highs
The AUD fell away along with other key risk assets as markets position themselves for a volatile few weeks. Full Article
U.S. Stocks Grind Higher To Close 2020
Right now, it’s all-systems-go for American stocks and it looks like a strong Q1 2021 is the most likely scenario moving forward. Full Article
US Dollar Dips as Markets Continue to Cheer Brexit Deal, Coronavirus Relief Package
The optimism around the Brexit deal and the latest round of stimulus measures being finalized in the US have boosted the risk appetite in Full Article
Trump Signs Coronavirus Relief Package – Highlights
Ending months of uncertainty and worries, US President Donald Trump finally signed the coronavirus relief bill into law on Sunday, as Full Article
US Dollar Trades Weak Amid Thin Liquidity
The US dollar is still showing signs of weakness against its major rivals amid thin holiday trading, despite President Donald Trump signing Full Article
COVID-19 Stimulus Fight Rages On Capitol Hill
Unfortunately, politicians are very good at one thing ― doing nothing. As it stands, here’s the current stimulus situation: Full Article