Crude prices have recovered most of the ground they lost during the past year as a result of coronavirus control measures. But with Joe Biden’s new administration committed to a clean energy future, the longer-term outlook is uncertain.
It is the world’s largest aircraft manufacturer and has played its hand well during the last half-century. But with coronavirus slashing demand for air travel, what is Boeing’s stock likely to trade at 5 years from now?
Those who like excitement and thrills in foreign exchange trading should steer clear of the British pound’s relationship with the Canadian dollar. As befits the currencies of two nations entering a trade agreement, their relationship is remarkably stable.
Gold prices remain volatile as the US central bank ponders another interest-rate cut. Despite trading well below the high point seen last summer, bullion seems to be resisting an embedded downswing.
Wall Street has cheered the inauguration of new US President Joe Biden. While his party’s left wing has little time for financial markets, history suggests a Democrat in the White House is good news for economic orthodoxy.
Shares prices were mixed in London this morning although sterling was higher as London and Brussels clashed over the status of the European Union representative to the UK. The EU wants him to be treated as a full ambassador, but Britain says he is merely the representative of an international organisation.
The Hong Kong dollar was once backed by the British pound, a role long-since ceded to the US dollar, but still the two remain an important currency pair. With turmoil in the territory, what is the GBP to HKD forecast?
Oil prices have staged a strong rally during the last three months, powered by hopes of economic recovery from the coronavirus in the west and expansion in China. But new lock-downs in the face of continued spreading of the virus have cast doubt on this scenario.
When Britain struck its first major post-Brexit deal, with Japan, last year, it was cheered to the echo in the UK. But currency markets seem to have taken a different view, as sterling has yet to receive a boost from the agreement.
The euro and the Swiss franc (CHF) are both alike in that they are sought-after hard currencies, but they are dissimilar in that the euro is a reserve asset and the franc is not. What is the euro to CHF forecast for 2021?
Bullion prices continued to recover today from their late November price plunge, but are still below the levels of three months ago.
Italy’s FTSE MIB index is clawing back ground lost since the coronavirus first struck, but remains lower than a year ago. The country’s longer-term economic problems put a question mark over the prospects for the stock market.
Stock markets are booming in defiance of coronavirus-related problems. But can this last and what is the stock market prediction for the next three months?
The pound and London stock prices were lower this morning as the European Parliament continued to scrutinise the Brexit withdrawal deal agreed last year. While the chances of it being rejected are low, it is thought likely the parliament will monitor the deal’s implementation on an on-going basis.
Crude oil prices have rebounded from the depths seen during periods of last year, and producing countries are taking credit for maintaining output curbs. But uncertainties over the future of global economic growth overshadow the medium-term prospects.