While some people think the 2020 sudden fall in the relative value of the dollar will boost the economy of the US, some analysts worry that it may affect the global standing of the dollar. Although the two views reflect essential realities, none of them captures exactly the complete story. A USD fall of roughly Read More…
The economic growth of countries is estimated through their GDP, which is determined by two components: population growth and productivity of labor. The productivity of labor shows the ability for enhanced output from the available amount of labor in the economy. US Dollar (USD) The announcement also provided support to the USD, against the precious Read More…
The message is clear for investors when the euro is strong: a safer bet amidst the chaos of the U.S. The eurozone economy currently has a promising picture for the coming months. While the rest of the world struggles to switch gears, the UE policies may be taking the lead. Last month, the euro had Read More…
Apparently, there is an indirect correlation between gold and copper prices than market analysts previously realized. As the one surges, the other falls flat. For instance, gold managed to climb high in an economic downturn because investors want a haven. Similarly, the dwindling copper prices should not come as a surprise since construction and manufacturing Read More…
Asian stocks are currently doing better than the U.S. and European stocks. The major cause of the upbeat stock prices in Asia is China’s ability to recover faster from the COVID-19 induced economic recession. This created the notion that some regions in Asia have succeeded significantly to control the Coronavirus pandemic. This saw the MSCI Read More…
The sun shines again on the American economy as the stocks continue to rise, and the US manufacturing gets closer to expansion. Concurrently, another round of stimulus checks to US citizens is a step in the right direction. Currently, the stock market takes a sigh of relief as the S&P 500 reaches its two-week record Read More…
