US stock markets rose in the beginning of the week, amid expectations for further fiscal stimulus

continued easy monetary policy, a better-than-expected Q4 earnings season, and progress in battling the coronavirus. Stocks pulled back on Thursday due to concerns regarding rising rates. Despite the recent rise in inflation, the fundamental outlook remains favourable, and the market’s high de...
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Increased prospects for a sizeable fiscal stimulus under the incoming Biden administration appeared to be the key factor driving last week’s gains.

Democrats managed to gain control of the Senate, given the tie-breaking vote by incoming Vice President Kamala Harris. The world was shaken on Wednesday when protestors stormed the U.S Capitol. This assault appeared to unsettle markets, but only modestly. Economic data were mixed last week. ISM manu...
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Commentary report

Market Commentary & Outlook

The prospects of a relief package being passed before the election seemed to dim further, while coronavirus worries also seemed to dampen sentiment during much of the week. US President Trump said on Thursday he would agree to go higher than the $1.8tn that the White House has offered in coronavirus...
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