by eliteusmarkets101 | May 20, 2020 | Market Update
The US dollar fell to a two-week low against the euro after the recent announcement of the creation of a mutual fund that could bring Europe closer to fiscal union to counter the economic impacts of the coronavirus pandemic.France and Germany proposed the creation of...
by eliteusmarkets101 | Apr 12, 2020 | Market Update
Gold prices rose more than 2.5% today to their highest levels in a month after the Federal Reserve announced wide-ranging efforts worth $ 2.3 trillion to support local governments and SMEs.Spot gold rose 2.5% to $ 1686.85 an ounce after hitting its highest level since...
by eliteusmarkets101 | Apr 2, 2020 | Market Update
Goldman Sachs cut its forecast for GDP growth in the United States by 34% in the second quarter on an annual basis compared to its previous estimate for a decrease of 24% and also reduced its estimates for the first quarter to 9% from its previous forecast, down...
by eliteusmarkets101 | Mar 23, 2020 | Market Update
U.S. President Donald Trump said today that he will not allow the coronavirus to cause long-term damage to the US economy and that he will consider how to move forward after a 15-day closure next week.”America will open again and soon to work,” Trump told...
by eliteusmarkets101 | Mar 17, 2020 | Market Update
WHO spokesperson Christian Lindmeier told reporters that it was confirmed that two of the workers had been infected with the coronavirus, the first case at the United Nations Office at Geneva and the other case at the World Trade Organization.Lindmeier said that the...
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