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TODAY'S TOP MARKET NEWS

Enjoy our daily selection of major news and articles that will help you understand the market sentiment.
We curate our articles section to provide you the most relevant and independent information on the markets.

S&P 500 drops 2%, ends off low

Stock markets rebounded from heavy early losses to finish the day mixed amid uncertainty over a new strain of the coronavirus in the UK as well as a volatile first day for Tesla in the S&P 500.

22 December 2020

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Christmas cancelled in London

US lawmakers are apparently on the verge of agreeing on a new stimulus bill, while Londoners have been ordered to stay home at Christmas. Tesla shares have jumped again before their S&P 500 inclusion.

21 December 2020

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BOJ extends stimulus

Bitcoin is now sitting north of 23,000 in a blistering rally to end the week. An FDA advisory panel has endorsed the Moderna vaccine. The Bank of Japan has extended the length of its stimulus program.

18 December 2020

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Bitcoin smashes through 20k!

Bitcoin flew above 20,000 for the first time on Wednesday while most currencies gained in relation to the dollar after the fed tweaked its forward guidance. The US labeling Switzerland a currency manipulator had little impact on CHF.

17 December 2020

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Fed meeting today

Apple led gains in the S&P 500 and gold jumped over 1% on renewed hopes for a US covid stimulus package after House and Senate leaders met for the first time since the election.

16 December 2020

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Oil hits 9-month high

Crude oil broke out to a 9-month peak on Monday but stocks closed lower again as the Pfizer covid-19 vaccine was rolled out across the United States. Sterling held onto a turnaround that began Sunday even as London re-entered lockdown.

15 December 2020

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LATEST WEEK AHEAD VIDEOS

WEEK AHEAD: JANUARY 25

On my radar this week is the surging Hong Kong stock market. The benchmark Hang Seng index is at a 20-month high. I’ll talk about the price chart, what’s driving the gains and whether it can continue. Thanks! Rich

Weekly Webinar: January 19

Gold’s 200 day moving average

WEEK AHEAD: JANUARY 18

The story has been the US dollar rebounding in the major forex pairs, one of which is dollar yen. With the Bank of Japan setting interest rates this week, my trading strategy is to watch if this dollar up-move continues against the yen. Thanks! Rich

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