US New home sales hit an unprecedented record last May. The Coronavirus epidemic brought the market to a standstill. However, the aftermath of low mortgage rates it created got many buyers rushing back into the housing market. The sale of single-family houses rose by 16.6%, making the second-biggest number of sales recorded in a month Read More…
ECommerce stock prices soar high, thanks to Coronavirus and social distancing. The contemporary wave of online shopping has seen an interesting new dimension to the COVID-19 Crisis. While traditional shopping gets limited due to lockdown measures, online shopping has become more dynamic. People who previously wouldn’t purchase things online are now compelled by the present situation to start looking online. Read More…
Economies that take the primary steps to ease COVID-19 lockdown measures are beginning to record significant improvements in suppressing the virus. This gradually leads to economic recoveries. Also, it is an indication that the second upsurge of the coronavirus infections is unlikely to occur. The initial phases of recovery from the COVID-19 recession are comparatively Read More…
Blockchain-based digital currencies could revolutionize the financial industry. Cryptocurrencies like bitcoin reverse the traditional modes of transactions between individuals and organizations. If adopted as an alternative to fiat, they can reduce transaction costs and eliminate the need for intermediaries. This will in turn minimize counterparty risks and stabilize the price. A digital fiat like the Read More…
The US BB section of high-yield bonds enjoys steady recovery as tensions between the US and China mounts. There is still optimism that moderate credit risk in the US market would persist. Yes, we know that the Fed and the US Treasury are resolved to get it to a stable state if there is a Read More…
Chinese Yuan continues to weaken as tensions between the US and China continue to rise over the Coronavirus crisis. The Chinese Yuan falls to its greatest low on Thursday since the Coronavirus pandemic began in September 2019. The fall in the value of CNY is potentially going to continue due to the US-China uncertain relations. Read More…
