Global markets turn ...from Zacktrading

20 Aug 2020, 15:26 · Views 810

Global markets turn in Risk-Off mode after Fed spoiled party. Minutes showed no enthusiasm for yield curve control & signalled tempered growth optimism. Bonds stabilized after initial sell-off w/US 10y yields at 0.66%. Dollar strengthens w/Euro at $1.1840. Gold 1945, Bitcoin $11.7k. #gold# #Bitcoin# #EUR/USD# #Risk-offSentiment# #Fed# #ForexForecast#

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Stock looks attractive but comes w/high pol risk. In H1'20 54% of revenue from govt clients. Palantir's high-touch model cant s'cale as seamlessly as other Software as a Service stocks.#StockMarket#

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Another day, another All-Time Low: Greek 10y bond yields fell as much as 6bps to 0.881%. Since the pandemic, Greek debt has become eligible for ECB purchases and the nation is set to receive €16bn in grants from the EU's recovery fund. #ECB# #EconomicCalendar#

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Biontech shares jump as Biontech, Pfizer initiate rolling submission to European Medicines Agency for SARS-CoV-2 vaccine candidate BNT162b2. Rolling review accepted by EMA based on preclinical and early clinical data. #StockMarket# #CoronavirusOutbreak# #market#

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Dow rallies >500 points for its best day since July after President Trump tweeted support for aid to airlines and other stimulus measures, stoking hope that a smaller aid package could be passed by lawmakers. #DOW# #StockMarket#

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Fed's Powell: 'Risks of overdoing it' on aid smaller than too little. #Fed# #JeromePowell#

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