Dow Jones

New Zealand Dollar plunges, S&P500 surges

The New Zealand dollar has fallen against the US Dollar as New Zealand records new community transmitted cases since the last time 102 days ago. The New Zealand dollar has fallen over 0.75% over the past two days from its...

Don’t fight the Fed, or the second wave?

Amid bankrupt stocks rallying to the likes of Hertz and Chesapeake, we have signs of rationality coming back into the markets today. The second wave caution that investors and traders have has played excellently in the markets. However, fundamentals have...

US Dollar weakens as investors’ crave risk

The US Dollar index weakens for the 7th straight day as investors’ appetite for risk increases. The AUD/USD has broken the 0.69 mark, with the USD weaker against its G10 currencies, with global indices rising on forward optimism on a...

Wall Street Stays Flat

US stocks have not seen any major changes this week, staying uncharacteristically calm despite headlines such as the oil price crash. The Dow Jones gained 457 points on its Wednesday session, a jump of 2%. It is now trading at...

Stocks Fall As Economic Damage Begins To Be Revealed

US Stocks Set To Reverse As Jobless Claims Break Records

This week’s jobless claims data has hit unprecedented numbers. The number jumped to 3.28 million. Initial expectations of 1-1.5 million, which was still a very high estimate, were blown out of the water....

US Federal Reserve Unveils Drastic New Strategy

Yesterday, the US Federal Reserve announced extensive new measures in order to help the US economy. This included a new asset purchase program, including corporate bonds, for the first time since the 2008 financial crisis....

Panic Sell Continues

Yesterday, the Federal Reserve cut rates by a full 100 basis points, bringing the interest rate down to almost 0%. The interest rate for the US Dollar is now officially 0.25%, but is effectively zero....

Sell First, Ask Questions Later

President Donald Trump took to the Oval Office in his second ever address to the nation, in order to announce a 30-day travel ban from European countries to the States, apart from the UK. However this long awaited television...
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