Market News

UK Brexit Deal Falling Short On Financial Services Equivalence

UK Brexit Deal Falling Short On Financial Services Equivalence

Executives in London’s City, the UK’s financial center, are questioning steps the UK government is taking to secure access to the European markets in the post-Brexit landscape. The United Kingdom has been pressing for equivalence as a way forward for UK regulated financial services companies to continue to offer their products to clients in the […]
GameStop And The Power Of The Masses

GameStop And The Power Of The Masses

Have you ever heard of GameStop? Chances are you’d never heard of the struggling chain of bricks-and-mortar high street retailers that sell video games, gaming consoles, and other electronics. That is until last week, of course! GameStop was always going to be a difficult concept to turn a profit from. How many people actually buy […]
Microsoft Shares Hit Record High On Work From Home Boost

Microsoft Shares Hit Record High On Work From Home Boost

Lockdowns and other COVID measures may well have put paid to a whole slew of industries, but for Microsoft, it’s been a windfall. The massive surge in the number of people either working from home or forced to stay at home through work closures saw a boom for many-core Microsoft businesses. PC sales have soared, […]
International Energy Agency Cuts 2021 Oil Demand Forecast

International Energy Agency Cuts 2021 Oil Demand Forecast

Crude oil is feeling the effects of a new resurgence of Covid cases and a new round of pandemic related lockdowns, with the expected uptick in demand taking a further hit. In the latest published report, the International Energy Agency (IEA) cut its already frugal forecast for demand in oil products in 2021 to 5.5 […]
Bitcoin Under Regulator Microscope

Bitcoin Under Regulator Microscope

The regulatory focus is back on Bitcoin and its impact on the financial markets after the Bull run of the last few days. The concern is that Bitcoin is getting too big to continue without any oversight by financial regulators. Price considerations apart, Bitcoin has a reputation for being the payment solution of choice for […]
Europe Looks Set For New Lockdown Measures As Covid-19 Cases Spike

Europe Looks Set For New Lockdown Measures As Covid-19 Cases Spike

While 2020 may have come to an end, Europe still finds itself firmly in the grip of rising coronavirus cases and new lockdown measures. With more highly contagious strains of the virus spreading among many European countries. On Sunday, the heads of the sixteen regional governments in Germany held an online meeting to discuss the […]
Year Ahead Looks Shaky For Oil

Year Ahead Looks Shaky For Oil

While global crude oil prices recovered to around $51 a barrel as the year draws to an end, 2020 has been anything but kind for the black stuff. Demand for crude plummeted as measures to combat the COVID-19 pandemic bit hard into travel and commuting. A price war between Russia and Saudi Arabia did little […]
News Shares On Tradeo Asset Index

News Shares On Tradeo Asset Index

Tilray Tilray Inc. is a major Canadian cannabis producer and the first in its industry to be listed on a major U.S. exchange. On the 15th of this month, Tilray Inc. and Aphria Inc. agreed to combine their operations, forming a new giant in the fast-growing cannabis industry. The all-stock deal, which puts together two […]
FDA approves Pfizer's Covid vaccine for EUA

FDA approves Pfizer’s Covid vaccine for EUA

The United State’s FDA (Food and Drug Administration) has approved the Pfizer’s and BioNTech covid vaccine for EUA (Emergency Use Authorization) in what was seen as a turning point in the fight against the pandemic. The COVID-19 virus has already claimed almost 300,000 lives in the United States and caused turmoil across vast swaths of […]
India Pushes To Diversify Oil Imports

India Pushes To Diversify Oil Imports

India is the world’s third-largest importer of crude oil, with imports covering 85 percent of its oil needs. Iraq and Saudi Arabia are the main origins of Indian oil imports, with imports from OPEC member countries for 2019-2010 amounting to $92.8 billion. That’s a significant number, and the Indian government is desperate to find other […]