Author: Akshada Deo

Akshada posts the daily market updates in a summarized format. Stock Market, Literature, Music, and Design are her passions.

Market Update for 03/09/2020: | Street-fluence

Reading Time: 3 minutes WORLD MARKET India banned over a hundred Chinese apps including versions of Tencent’s popular game PUBG, search engine leader Baidu, and online payments giant Ant Group’s Alipay as tensions escalated on the nations’ disputed border. Most Asia-Pacific stock markets rose after U.S. equities set a fresh all-time high, with investors assessing signs the rally that […]

Market Update for 18/08/2020: | Street-fluence

Reading Time: 2 minutes WORLD MARKET– The Nasdaq 100 outperformed, while big banks sank after Warren Buffett’s Berkshire Hathaway Inc. pared stakes in many of the industry’s top names. While a cash injection by China’s central bank Monday buoyed investors, the tension between Washington and Beijing continues to weigh on sentiment, with the U.S. announcing new restrictions on Huawei […]

Market Update for 31/07/2020: | Street-fluence

Reading Time: 3 minutes WORLD MARKET: Government officials reported that gross domestic product shrank the most on record in the second quarter. The GDP drop — an astounding 32.9% when annualized — was widely anticipated at this point. 17 million Americans claimed state unemployment benefits in mid-July. The almost 900,000 increase in the number of people claiming continued benefits […]

Market Updates for 28/07/2020: | Street-fluence

Reading Time: 4 minutes WORLD MARKET:- Senate Republicans presented a $1 trillion stimulus package amid a renewed increase in Covid-19 cases around the world. China had only bought about 23% of the total purchase target of more than $170 billion for goods in 2020, according to Bloomberg calculations based on Chinese Customs Administration data.That has quickened on a month-over-month […]

Market Update for 20/07/2020: | Street-fluence

Reading Time: 3 minutes WORLD MARKET- EU still hasn’t set aside its differences on how to distribute the 750 Billion Euro stimulus. Last Friday’s discussions come with no conclusions. Quarterly earnings gather steam, including Blackstone Group, Microsoft, Roche, Intel, Unilever, Canadian Pacific, UBS, Tokyo Steel, Daimler, Hyundai and Mattel. U.S. Govt will sell $14 Billion in 10-year TIPS, as […]

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