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Category: News

Fed’s Powell downplays inflation fears, pledges to keep rates low
News

Fed’s Powell downplays inflation fears, pledges to keep rates low

February 23, 2021February 23, 20214 min read One Million Trade

Federal Reserve Chairman Jerome Powell attempted to tamp down rising inflation concerns, and again on Tuesday pledged to keep benchmark lending rates low until jobs

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Bitcoin hits new record as Tesla invests $1.5bn
News

Bitcoin hits new record as Tesla invests $1.5bn

February 8, 2021February 8, 20212 min read One Million Trade

Bitcoin (BTC-USD) surged roughly 8% Monday afternoon amid news that Tesla (TSLA) invested $1.5bn in the cryptocurrency, and may even start accepting it as payment

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Yellen sees stimulus righting ‘stalled’ US job market in 2022
News

Yellen sees stimulus righting ‘stalled’ US job market in 2022

February 7, 2021February 7, 20212 min read One Million Trade

Treasury Secretary Janet Yellen said Sunday that the US job market is “stalling” and might not recover for years without the support promised by President

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Mario Draghi is back… as Prime Minister of the Italian government
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Mario Draghi is back… as Prime Minister of the Italian government

February 3, 2021February 6, 20211 min read One Million Trade

The heavyweight of the world economy and former president of the European Central Bank has accepted the mandate to form the new Italian government. This

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Congress certifies Biden win after violent Capitol riot
News

Congress certifies Biden win after violent Capitol riot

January 7, 2021January 7, 20211 min read One Million Trade

Congress affirmed President-elect Joe Biden’s 2020 election victory after a pro-Trump mob stormed the Capitol and delayed the proceedings. The Capitol is once again secured, but

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US Fed holds rate, to continue to buy $80B of bonds
News

US Fed holds rate, to continue to buy $80B of bonds

December 17, 2020December 23, 20203 min read One Million Trade

The U. S. Federal Reserve left its key interest rate steady, as widely expected, and said it would continue to increase its holdings of government

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ECB boosts stimulus measures further but euro rises
News

ECB boosts stimulus measures further but euro rises

December 11, 2020December 11, 20205 min read One Million Trade

The European Central Bank (ECB) once again boosted its multitude of stimulus measures that are aimed at softening the hit to economic activity from the

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BOE holds rate and boosts QE 150 billion
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BOE holds rate and boosts QE 150 billion

November 10, 2020November 10, 20203 min read One Million Trade

The Bank of England (BOE) left its benchmark interest rate steady but boosted its asset purchases as the United Kingdom enters a second lockdown to

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The vaccine for the Coronavirus is getting closer and closer
News

The vaccine for the Coronavirus is getting closer and closer

November 9, 2020November 9, 20201 min read One Million Trade

Why is Pfizer’s announcement about the vaccine for Covid-19 important for markets? The pandemic destroyed the world’s economy by burning the earnings of decades in

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Trump’s presidency ends
News

Trump’s presidency ends

November 9, 2020November 9, 20201 min read One Million Trade

#Biden will officially become the new President of the United States. But how objectively was TheDonald’s presidency? Pro:– No war (very rare for an American president).–

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