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18.08. Fresh trading analysis: Norway's wealth fund losses, American tech rally

Tuesday, August 18th, today’s news—Norway's sovereign fund, the world's largest, posted a loss of $21 billion in the first six months of 2020. American markets rise in a tech-fuelled rally, European shares fall amid the Sino-US tensions and rising coronavirus cases, the dollar continues to weaken. The price of Brent …

17.08. Fresh trading analysis: job losses in the airline industry

Monday, August 17th, today’s news—massive job losses await the airline industry, over 75,000 employees in the US only have been warned their jobs are at risk. European markets are mixed amid the slumping travel industry and mounting geopolitical tensions; helped by China, Asian markets rise, which also boosts oil prices; …

14.08. Fresh trading analysis: US unemployment and weak China data

Friday, August 14th, today’s news—the lack of a new stimulus package continues to weigh on the US economy, the dollar is weaker, over 30 million Americans are unemployed. Weak China data signals a slower-than-predicted economic recovery, European markets await the Q2 GDP data. The price of Brent oil is $44.69, …

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