The US President-elect Joe Biden unveiled a much-anticipated coronavirus rescue plan yesterday, with a promise of $2,000 in stimulus cheques to Americans, social equity, infrastructure spending, and a potential minimum wage of $15 per hour. But, Biden did not give away the total size of the stimulus program, which, according to media reports released early [...]
The yellow metal remains vulnerable to losses, as the US Treasury yields and the dollar continue to cheer the prospects of a bigger-than-expected fiscal stimulus plan, of about $2 trillion, likely to be announced by President-elect Joe Biden on Friday. Political drama continues in white house. President Donald Trump was impeached for the second time [...]
CFDs are relatively new financial products that have become popular by investors over the last decade. When you trade CFDs, you do not own the underlying asset - you are only paying or collecting the difference between the opening price and the closing price. Once you have reached a point where you are comfortable with [...]
On Wednesday, greenback suffered a loss against the pound supported by the Bank of England governor talking down the prospect of negative rates in the United Kingdom. The key notes of the governor speech were "Negative rates are a controversial issue., There are a lot of issues with negative rates., No country has used negative [...]
