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Rebuilding from Last Week’s Sell-Off - DAILY MARKET UPDATE

China releases economic data and today could be a big day for Brexit -but perhaps, more importantly, is how investors respond to the biggest weekly drop in stock markets since March.

Snowflake = Biggest ever software IPO

The hotly-anticipated Warren Buffet-backed IPO of Snowflake happens today and it’s expected to be the biggest software IPO ever.

The Fed Saves the Day Again with bond purchases - DAILY MARKET UPDATE

The Fed has saved the day again with once announcement that it will begin to buy individual corporate bonds – as well as corporate bonds ETFs already announced. Wall Street reversed steep losses and the dollar rolled over on the news.

Trump hospitalised by COVID-19!

US President Donald Trump has contracted the COVID-19 coronavirus- adding to the uncertainty of the upcoming US election. The dollar gained as haven while stocks dropped on Friday but finished the week higher.


With its 7th daily gain on the trot, the euro just had its best winning streak since December 2013. The euro-gains have been propelled by weakness in the US dollar.

Bitcoin rally picks up steam

Bitcoin has rallied another $800 from yesterday’s break of $12,000. The British pound hit a monthly high, rallying 200 pips after trade talks resumed. Tesla reported a 5th consecutive quarterly profit after the close of another soft day in equity markets.

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