12月 2020 博客文章 (5,420)

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Europe Sees A Black Swan on the Cards

When financial markets have been eyeing on issues such as China-U.S. relations, the U.S. presidential election and the second wave of the pandemic, Europe seems to be gearing up for a black swan, an event in which a deterioration will trim the recently weak euro even lower.To get more news about WikiFX, you can visit wikifx official website.

　　A barrage of large-scale demonstrations broke out after…

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Two Major Uncertainties Encumbering GBP/USD

Among the various uncertainties in the global financial markets, Brexit negotiations and the US presidential election are the most concerned. In terms of Brexit, it is reported that the UK government will officially withdraw from negotiations with the EU if a deal isn't achieved this week. The British government has repeatedly stressed the seriousness of the statement, with a deadline of October 15 (this Thursday) set by Prime Minister…

Trend of Sterling During the Key Period of UK-EU Negotiations

After the EU‘s chief negotiator Michel Barnier had a 12-hour tunnel talk with the UK last Friday, British Prime Minister Boris Johnson’s official spokesman stated that although some progresses had been made, it is a pity that both sides did not reach an agreement due to some divergences. The EU hoped that the UK can make more concessions to reach the trade agreement that has been discussed for a long time.To get more news…

Democrats' Return Will Hamper Oil Prices

As the U.S. presidential election approaches, Democratic candidate Biden has outperformed Trump in approval rating by 17%, indicating Trump appears to be a busted flush. Analyses and speculations about various financial trends after Biden takes office have been raging markets. From my point of view, Biden will raise taxes significantly, which may boost the greenback at the expense of U.S. stocks in the short term. All of that said, however,…