About: anakin

Daily Market Analysis Market Focus   President Donald Trump floated the idea of delaying this year’s US election on Thursday, suggesting “with the Universal Main-In Voting (not Absentee Voting, which is good), 2020 will be the most INACCURATE & FRADULENT Election in history.” Meanwhile, we witnessed what the pandemic could do to US economy, USContinue Reading

Daily Market Analysis Market Focus   Fed Chairman Jerome Powell signifies that the Federal Reserve will do whatever it can to help the U.S. economy and its labor market. The U.S. stocks climb on speculation as investors are looking for a potential rebound through a batch of corporate earnings and the economic stimulus from theContinue Reading

Daily Market Analysis Market Focus   The Fed extended most of its emergency lending programs by three months, to help revive the desperate economy. Since mid-March, the Federal Reserve has opened nine emergency programs aimed at injecting liquidity into short-term credit markets and extending credit to businesses and local governments. The facilities have the potentialContinue Reading

Daily Market Analysis Market Focus   U.S. stocks rebounded today as investors disregarded increasing coronavirus cases and the tensions between the U.S. and China. In the meanwhile, as the unveil of having another batch of stimulus check in the U.S., investors betted on their hope on more stimulus to revive a battered domestic economy ahead.Continue Reading

Market Focus   Diplomatic tension continued to escalate between China and US, where Beijing ordered the US to shut a consulate in Chengdu in an eye-for-an-eye retaliation. The Chinese Ministry of Foreign Affairs said Friday that the consulate’s closure was a “legitimate and necessary response to the unjustified act by the US.” US equity marketContinue Reading