๐๐๐ Everything you need to know for this week ahead! ๐ ๐๐
๐ Monday's trading session started optimistically in major share markets with the flick of the American president, Donald Trump. Amid the stalemate in negotiations between Republicans and Democrats over a new fiscal stimulus package, Trump signed four decrees over the weekend to prolong aid in response to the shock caused by the covid-19 pandemic. Among the measures is the temporary suspension of taxes for workers who receive less than US$ 100,000 a year and additional subsidies for the unemployed. ๐ค However, there are doubts about the validity of the executive order. US House Speaker Nancy Pelosi called the actions โabsurdly unconstitutionalโ, while US Treasury Secretary Steven Mnuchin defended the legality of the decisions. ๐จ๐ณ ๐บ๐ธ๐ช๐บ In the wake of Trump's decision, the main European stock exchanges and New York future indices opened the week with a positive bias, but lost steam after China announced new sanctions on eleven American officials in retaliation for measures imposed by the US government last Friday, when the White House imposed sanctions on Chinese officials and allies, including Hong Kong chief executive Carrie Lam. ๐ฃ The latest developments in the clash between the two powers are worrisome for investors, who no longer know what to expect as regards compliance with the trade agreement signed by them in January this year. On the 15th, Washington and Beijing will have a meeting to discuss the implementation of the agreement. ๐บ๐ธ S&P Futures + 0.14% ๐ฉ๐ช DAX + 0.30% ๐ฌ๐ง FTSE + 0.53% ๐ซ๐ท CAC + 0.56% ๐ข Brent Oil + 0.99% ๐ข WTI oil + 1.46% ๐ Ore -0.61% ๐ต Dollar Index + 0.25% ๐บ๐ธ S&P VIX + 2.70% ๐'FREE Lunch' in 3 steps๐๐ฝ๐๐ฝ๐๐ฝ 1๏ธโฃ Tap here๐๐ฝ @investors.logbook @investors.logbook @investors.logbook 2๏ธโฃ Tap on this link in the bio description๐๐ฝ linktr.ee/investorslogbook 3๏ธโฃ Enjoy! #stockmarket #stockmarketnews #stockmarketinvesting #stockmarketeducation #invest #investing #investmentstrategies #investmenttips #investment #investmentopportunities #investmentopportunity #investmentportfolio #investmentmanagement (at Bank, London) https://www.instagram.com/p/CDtP-Avnieq/?igshid=yit6idwyu3p1