Economy News
Bond Yields Rise, Oil Rallies
Bond yields were up, while the dollar was down on Wednesday on the prospect of more stimulus. That is if Democrats take control of the U.S. Senate following a run-off election in Georgia. Oil hit
Category: Economy News
Economy News
Japan’s State of Emergency Triggers Q1 Economic Contraction
Japan’s possible declaration of a state of emergency in Tokyo will likely trigger a contraction in January-March. This adds to the headache of policymakers struggling to cushion the economy from the blows of the pandemic.
Economy News
Trump Leans on Georgia, Astra Vaccine, Stocks to Open High
President Donald Trump called on Georgia Secretary of State Brad Raffensberger to “find” enough votes to overturn the presidential election result. The telephone call lasted over an hour, according to reports. A recording of the
Economy News
A Divided United Kingdom Enters Brexit Unknown
The United Kingdom on Thursday exits from the European Union, leaving a 48-year liaison with the European project. It is entering an uncertain Brexit future that will shape the fortunes of its people for generations
Economy News
BOK Chief Will Maintain Easy Policy
South Korea’s central bank chief said on Thursday that monetary policy would stay accommodative for some time. That has given the high uncertainties stemming from the coronavirus pandemic. He added that a buildup of financial
Economy News
UK Parliament Approves Brexit Trade Deal
British lawmakers approved Wednesday Prime Minister Boris Johnson’s post-Brexit trade deal with the European Union. Both sides were looking to begin a new chapter of relations with a new agreement. On Wednesday, the European Union
Economy News
Senate Returns, Asia Tech Booms, Stocks to Open High
Senate Returns amid Speculation on Stimulus Check The U.S. Senate is set to meet again, a day after the House of Representatives approved a motion. The motion is to raise the direct payments to households
Economy News
EU-China Likely to Clinch a Deal this Week
On Monday, a senior EU official announced that the European Union and China would likely secure an investment deal this week. That would give EU companies much better access to the Chinese market and protection
