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Housing Unaffordability Rising Faster In Western Countries
March 02, 2021 01:39 PM AEDT| By Mark O'Donnellfastest and is tracking to surpass Vancouver, Sydney, and Hong Kong in the future. Hong Kong’s limited space and high population have helped the country’s housing market retain the title as the most unaffordable for the past decade.....
US Stocks Rise As Bond Yield Stalls, Rate Fear Wanes
March 02, 2021 08:44 AM AEDT| By Team Kalkine Mediali>All sectors accelerate after previous week’s decline, posting modest gains. All major US stock indexes closed higher on Monday as the ascent of treasury bond yields appeared to have slowed down from last week’s surge and fears ove...
Did the UK Markets’ rise after the US House passed the Covid-19 stimulus package?
March 02, 2021 08:24 AM AEDT| By Team Kalkine MediaSource:Copyright © 2021 Kalkine Media Pty Ltd. US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 81.55 points or 2.14 per cent higher at 3,892.70, Dow Jones Industrial Average Index su...
Is a third US stimulus check around the corner?
March 02, 2021 08:10 AM AEDT| By AayushSource: ungvar,Shutterstock Summary Democrats are pushing to pass a US$1.9 trillion coronavirus relief bill this week. The terms have called for direct payment of US$1,400 to each individual based on the same income thresholds as the prio...
Former French President Sarkozy Gets 1-Year Prison Term in Graft Case
March 02, 2021 03:09 AM AEDT| By Ipsita SarkarSource: sebra, Shutterstock Summary Nicolas Sarkozy is accused of helping a magistrate in securing a prestigious job while in office. Handing out the prison sentence, Presiding Judge Christine Mée noted that his action was serio...
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How simplifying the tax system can help Sunak going forward
March 01, 2021 07:10 PM AEDT| By Team Kalkine Mediaat support to individuals and businesses would continue till the pandemic lasts. British finance minister Rishi Sunak has a huge task of bringing the economy back on the track after a full year of uncertainties and challenges. Ahead of the budge...
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FTSE 100 Likely to Open Higher as GBP Regains Marginally
March 01, 2021 06:28 PM AEDT| By AbhijeetUK stock markets are likely to open higher on Monday, 1 March, tracking the global mood of equities with Asian shares regaining the lost momentum in early trades. Japan’s Nikkei gained more than 2 per cent today, Australia’s ASX 200 soare...
How Would GameStop And AMC Entertainment Fare During The Week Ahead?
March 01, 2021 05:25 PM AEDT| By Mark O'DonnellSource: m_sovinskii, Shutterstock Two stocks caught up in the short squeeze frenzy of the past two months had an interesting five days on the NYSE last week. GameStop Corp (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC) are both heavily sh...
Are Investors Dropping Gold For Bonds?
March 01, 2021 02:17 PM AEDT| By Mark O'Donnelland platinum also fell by similar levels to gold during Friday’s trading session. US Treasury Bond yields are affecting more than just stock markets around the world. Precious metals have also seen a considerable drop in desirability and p...
Will the US Markets Continue Bullish Momentum?
March 01, 2021 01:36 PM AEDT| By Team Kalkine MediaSource: Mike Flippo ,Shutterstock Summary The S&P 500 has broken the major resistance zone on the weekly chart and now prices are getting major support from the Parabolic SAR indicator. On the weekly charts, the S&P 500 is trading...
Australia crowned as the most attractive region for mining investors
March 01, 2021 11:57 AM AEDT| By Team Kalkine MediaSource: FOTOGRIN,Shutterstock Summary Australia featured on the list of the most attractive regions in the world for mining investment. US state Nevada showed a tremendous improvement and bagged the top position in the 2020 Investment Att...
Higher bond yields: What it means for your portfolio?
March 01, 2021 11:17 AM AEDT| By AayushSource: Mike_shots ,Shutterstock Summary The US 10-year treasuries’ yield surpassed 1.6 per cent, highest in one year. Higher bond yield is theoretically bad for equity markets. However, high economic growth can offset the negative...
Is Bitcoin’s rally coming to a halt?
March 01, 2021 10:47 AM AEDT| By AayushSource: Craig Hastings,Shutterstock Summary Bitcoin has slid by almost 22 per cent last week, its worst weekly fall in over a year. Bitcoin has faced selling pressure just when the global equity markets are falling due to rising bond yiel...
COVID-19: Auckland Slips Back Under Lockdown 3
February 28, 2021 05:29 PM AEDT| By Manikatrong> Rest of New Zealand is under under lockdown 2 New Zealand’s biggest city Auckland is under a lockdown level-3 for seven days starting from February 28. The Prime Minister, of New Zealand, Jacinda Adern said that t...
Easy-To-Use J&J COVID-19 Vaccine: How Effective Is It?
February 28, 2021 05:24 PM AEDT| By Manikai> It’s efficacy in preventing severity is 82% The big question about Covid-19 today is: Will the new variants outpace the vaccines? Will the scientist match up with new vaccines to match up to the new variants. In...
America’s $1.9 trillion COVID-19 Relief Package Passed in the House, What’s next?
February 28, 2021 05:15 PM AEDT| By Manikang the Bill passed as the previous employment aid programe expires America’s major rescue plan of $1.9 trillion for coronavirus pandemic which was passed in the House on Saturday is now headed to the Senate. The Senate is expected to sta...
Airbnb Raises Recovery Optimism Despite Weak Results
February 28, 2021 01:09 PM AEDT| By Suhita Poddarhe whole of 2020. However, the company has fared better than its rival companies. The coronavirus pandemic continues to weigh on the travel industry across the world amid the growing number of cases and further implementation of restrictions. U...
Two COVID-19 vaccines that are helping the world get over the pandemic
February 28, 2021 12:20 AM AEDT| By Team Kalkine MediaSource: siam.pukkato, Shutterstock Summary Pfizer-BioNTech and Oxford-AstraZeneca’s respective COVID-19 vaccines were found to have reduced hospitalization in the UK. The two vaccines also proved effective against the contagious UK varia...
Cryptocurrency Boom: Blockchain Stocks to Look for In 2021
February 27, 2021 05:37 PM AEDT| By AbhijeetSource: pedrosala, Shutterstock Summary Investors might consider taking indirect exposure in digital currencies by investing in London listed blockchain stocks. Blockchain stocks have delivered staggering returns in recent times. World&rs...
US Stocks End Week Mixed on Rate Fears, Bond Yield Rise
February 27, 2021 08:32 AM AEDT| By Team Kalkine MediaSource: Cezary Piwowarski ,Shutterstock Summary S&P 500 shed 0.48%, Dow Jones plunged 1.50%, and NASDAQ was up 0.56%. Real estate, financials, industrials, energy, and consumer cyclicals saw muted gains. Berkshire Hathaway Inc. to pr...
