ALMOST THERE The last week of the 2020 U.S. presidential election race will test the durability of the Biden trade — assets viewed as sensitive to the political fortunes of Democratic challenger Joe Biden, who has widened his lead over President Donald Trump [...]
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LOOKING TO CHINA China's third-quarter growth data comes out on Monday and should show the effects of the pandemic receding. The world's second-largest economy is expected to have grown 5.2% in July- September from a year earlier, faster than the second quarter's 3.2%, [...]
BANKING ON RECOVERY After U.S. Q2 results beat expectations, Q3 will show whether dire forecasts for companies' bottom lines were justified. Most sectors will again show steep drops in earnings but it should be less dramatic than the previous quarter; expectations are for [...]
COVID THROWS US ELECTION CURVEBALL Donald Trump has joined the list of world leaders who fell prey to the coronavirus after shrugging off risks, scorning masks and making public appearances without following distancing guidelines. But a U.S. president testing positive, four [...]
Introducing the MC20, the new Maserati super sports car that drives us into a brave new future. The First Of Its Kind. Source: Maserati
GO FOURTH An extraordinary year is shuffling into its final stretch and it's packed with blockbuster events -- the race for a coronavirus cure or vaccine, a seismic U.S. presidential election and a possible no-deal Brexit that would end a 3-1/2 year long [...]
SNOWFLAKES ON FIRE IPOs are back. And how. A market that was enduring its worst slump in eight years has been revived by red-hot equity markets and floods of central bank stimulus, with listings coming thick and fast. Alibaba's fintech arm Ant Group [...]
BREXIT BOMBSHELL If it's autumn with a year-end deadline and a sterling sell-off, it must be Brexit. Britain's internal market bill, a bombshell which the government readily admits contravenes international law, may wreck its EU divorce treaty, scupper chances of a post-Brexit trade [...]
EURO-WATCHING There's plenty for the ECB to chew over at its meeting on Thursday. The euro hit $1.20 for the first time since 2018 - not a big deal if that reflects optimism about the future, something that may be reinforced when EU [...]
THE END OF THREE ARROWS Shinzo Abe, Japan's longest serving premier and author of the signature shock-and-awe "Abenomics" stimulus strategy, has resigned for health reasons. Sweeping to power in late 2012, Abe deployed his three arrows of Abenomics - large-scale monetary [...]