Latest coronavirus outbreak in Beijing – State Council press conference cancelled
News conferences in Beijing continued right through the first wave of the COVID-19 outbreak in China But, this latest flare up (more here: – ) has prompted the cancellation of…
Read More »China infrastructure investment over the next 5years expected to be $1.4 trillion
The Wall Street Journal totalling up the many projects underway and planned and coming up with the figure. for more (may be gated) Link The next few months will…
Read More »Gold is up, Stocks under pressure
XAUUSD,H1 Gold kept its uptrend after US GDP fell to -5%, lower than the -4.8% expected. On the other hand, ongoing tensions between the US and China is increasing ahead…
Read More »Australian Dollar May Wilt, Markets Await Trump China News Conference
The Australian Dollar may be at risk to a reversal against the US Dollar after Trump announced a news conference on China later today. Until then, financial markets may remain…
Read More »Recap May 9: Warren Buffett loses $50 billion – Record unemployment (Recap Ep070)
In this week’s recap, one of the most important news was the loss of more than $50 billion by Berkshire-Hathaway in the 1st quarter, its worst quarter in a decade,…
Read More »Markets Weekly Outlook: US Dollar, Dow Jones, Australian Dollar, Crude Oil
The US Dollar has slowed its descent with the Dow Jones leveling off as crude oil prices rise with lockdown easing bets. US-China tensions seem to be heating up which…
Read More »Recap May 24: Contagion in Amazon – Earth’s magnetic field failing (Recap Ep072)
In this week’s recap, we found that the US stock markets were full of ups and downs, as at the beginning of the week the markets rose driven by a…
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