The rise in new coronavirus cases is now one of the key concerns again, with more than 8.4 million confirmed cases worldwide and more than 450000 deaths. The risk of reopening economic activities is going to be higher and higher, which may slow down the recovery unless the vaccine has been developed. View more

On Tuesday, the three major Wall Street indexes all rose, of which the DOW jumped more than 2%. The record-setting US retail sales figures, another potential $1 trillion fiscal stimulus from the White House and the positive coronavirus trial test result sparked the rally. View more

Last Friday, the three major Wall Street indexes bounced back by more than 1%, of which the Dow closed nearly 2% higher, after experiencing a sharp decline on Thursday. Stocks in Asian region were little changed in Monday morning session. Some investors believed that the markets were over-adjusted so that released buying interest at the low. View more

On Wednesday, the Fed said that it would keep the interest rates near zero until the end of 2022 after the FOMC meeting. Even the Fed actually met expectations, investors feel gloomy after digesting the Fed actions, which likely indicated a pessimistic outlook of the US economy. Fed members projected that the US economy would shrink 6.5% this year and the unemployment rate would be 9.3% at the end of the year. View more

Gold market was under pressure recently. Although the China-US tension is still a concern, investor sentiment has improved a lot due to the good figures in Non Farm Payrolls last Friday. View more

The Non-farm Payroll figures last Friday showed a surprising improvement in the labor market of the US. Risk appetite was further boosted by the hopes of global economy recovery, dragging down the safe-haven demand. View more

Market sentiment was very cautious on Friday before Trump’s press conference. Investors were worried that the US would take aggressive measures against China, including economic sanctions. However, President Trump did not mention much that the traders feared. With lack of details, the Wall Street bounced back in the US late session, which the Dow edged lower, S&P 500 rose 0.48%, and the Nasdaq performed the best closing 1.29% higher.   View more

It is reported that President Trump will hold a press conference regarding “China” on Friday. Investors are worried the escalation of tension between China and the US, causing a sharp retreat in Wall Street, giving up all the gain of the day after the news. The Wall Street three major indexes all edged lower finally. View more

The three major indexes rose again on Wednesday, as investors keep betting on the economy reopening. The rising tension between China and the US seemed to have no much impact on the stock markets. View more

The three major Wall Street indexes rose on Tuesday as investors are betting on the reopening of the global economy. The US economic figures were generally better than expected, boosting optimism in the market. And, the news from coronavirus vaccine development was also positive to the sentiment. However, the risk appetite faded out on Wednesday Asian session. Investors are now closely monitoring the growing tension between China and the US. View more