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…
Goldman Sachs Group Inc. highlighted the recent mounting concern that inflation in the U.S. could make the US dollar lose its status as a haven. While Congress closes in on one more cycle of fiscal incentive to buttress the US economy that has been badly affected by the Covid-19 pandemic, and the Federal Reserve have 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…
