Corporate, union reaction to Biden vaccine plan for companies

Original source: https://www.investing.com/news/stock-market-news/corporate-union-reaction-to-biden-vaccine-plan-for-companies-2612496

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Biden Administration Reveals 2021-22 Budget Forecast, Lack of Growth Apparent

The Biden Administration released its forecasted budget for FY 2021-22, highlighted by a strong rebound in employment and underwhelming growth over the next decade.

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Will this be another stormy Thursday?

Yields have cheapened a bit since the open. The move has come largely on the news that President Biden will propose a $6 tln budget on Friday, which has helped…

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CADJPY stable above 200-Day SMA

The Canadian Dollar against the Yen has performed well in the past week and surpassed the 88 level, with a weekly gain of 1.93%. As of the monthly close on…

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Pelosi says passage of Biden’s $1.9tln package could be Wednesday, not Tuesday

President Biden’s $1.9 trillion COVID relief bill is expected to be easily approved in the US House of Representatives, Just a heads up though, Speaker Pelosi says that approval from…

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Recap February 28: Tesla Collapses, US Dollar in Trouble, Gamestop vs Robinhood Rd 2 (Recap ep112)

In this week’s recap, we’ll talk about the collapse of Tesla’s stocks, how the US Dollar is getting into trouble and how we are witnessing what seems like a second…

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Biden says ‘time to act’ on $1.9 trillion stimulus

Biden urges Senate to pass legislation Biden called on the Senate to quickly pass the $1.9 trillion stimulus package after it cruised through the House. "It’s time to act," he…

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Here’s a readout of what Biden and Merkel discussed on a Tuesday phone call

This is the White House ‘readout’ of the call.  Biden is busy patching up relations with US allies.  Meanwhile, EUR/USD is little changed in Asia morning trade. 

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Australian Dollar Outlook: Tied to Biden Stimulus Bets, S&P 500, US Dollar, Treasuries

The Australian Dollar sits on the crossroads of Treasury yields, the S&P 500 and US fiscal stimulus expectations. Will AUD/USD gains slow? Chinese Q4 GDP and Australian jobs data are…

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ForexLive Americas FX news wrap: Sell-the-stimulus mood boost dollar

Forex news for North American trade on January 15, 2020: Markets: There was a decided risk off tone in markets and that meant a bid in the US dollar even…

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