According to top 10 analysts, Tories are likely to win the elections. While this is the case, a hung Parliament might still be in the cards due to Conservatives not favored in some parts of the Westminster.
Worth noting here are rising allegations related to UK Prime Minister (PM) Boris Johnson that came with his latest media appearance. This had him accepting mistakes in promises given relating to the National Healthcare System (NHS) and Northern Irish borders.
On the other side of the globe, the U.S. and China seem to have a new rub-in as the latter's government ceased usage of foreign computers and software. This had been compounded by its complete shrug-off of the trade war's impact.
This was furthered by untoward remarks from the Governor of China’s Xinjiang and an escalation of Hong Kong protests. This had placed the risk tone heavier recently.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
European stocks traded slightly higher on Tuesday ahead of a U.S. decision to roll out additional stimulus plans despite the underwhelming quarterly earnings reports from the luxury goods market. The pan-European STOXX index inched higher ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
Oil prices fell on Monday as a surge in coronavirus cases and the escalating U.S.-China tensions prompted a safe-haven bid. Brent crude slid 0.2%, or 8 cents, at $43.26 per barrel. U.S. West Texas Intermediate crude fell 0.2%, or 7 cents, ...
The dollar was under pressure on Monday as the escalating U.S.-China tensions weighed on the market, while investors worried that the U.S. coronavirus resurgence could stall economic recovery. The dollar fell to a four-month low on the yen ...