Markets up as US clears path for Moderna vaccine approval

European markets have opened positively this morning with Germany’s Dax leading the way up 1.6% as optimism creeps in surrounding vaccination and the prospect of US fiscal stimulus ahead of Central Bank meetings on both sides of the pond. Travel and leisure has also seen a bounce as well as better than expected numbers fromContinue reading “Markets up as US clears path for Moderna vaccine approval”

Weekly Stock Market Update: Airbnb and DoorDash Record Impressive Market Debuts

Last Week’s Top Five Market Winners Nasdaq Stock Market (NASDAQ) On the Nasdaq Stock Market, positive results were recorded by Airbnb Inc. (ABNB), Editas Medicine Inc. (EDIT), Stitch Fix Inc. (SFIX), Sangamo Biosciences Inc. (SGMO) and Intellia Therapeutics Inc. (NTLA). In the first few days of trading following the company’s IPO, Airbnb Inc. (ABNB) stocks were upContinue reading “Weekly Stock Market Update: Airbnb and DoorDash Record Impressive Market Debuts”

Brexit talks stall, ECB set to extend stimulus

European markets have had a muted open this morning as ongoing Brexit talks continue to yield any real progress. The deadline of this Sunday has been set for talks to reach a conclusion and with many markets pricing in an agreement of some sort, a derailment of negotiations could well bring on some significant volatility.Continue reading “Brexit talks stall, ECB set to extend stimulus”

White House $916bn stimulus deal offer deemed ‘unacceptable’ by Democrats

Since the Covid-19 pandemic began, and governments began to take fiscal and monetary measures in response, markets have reacted significantly to any updates on potential new rounds of stimulus. Recently in the US, hopes have emerged of a smaller interim deal between Democrat and Republican lawmakers than the multi-trillion-dollar deal Democrats had initially hoped for.Continue reading “White House $916bn stimulus deal offer deemed ‘unacceptable’ by Democrats”

S&P Global in talks to pull off the biggest deal of 2020

Salesforce’s talks of a deal with workplace communications firm Slack dominated headlines late last week, but an even bigger deal was reported over the weekend. Per The WSJ, financial information firm S&P Global is in advanced talks to buy fellow data giant IHS Markit for $44bn. If that price stands, the deal would be theContinue reading “S&P Global in talks to pull off the biggest deal of 2020”

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