Financial markets may be in the process of repricing the world's most-traded exchange rate, with derivative contracts suggesting the euro could surge by as much as 6% against the dollar to $1.20 by year-end.
福利网站"Rise and rise again until lambs become lions," runs an oft-quoted line from the 2010 film 'Robin Hood'. The motto is being taken seriously by all those merry men and maidens chasing shares in little-known or even bankrupt firms, using a mobile trading app called Robinhood.
福利网站A week, it appears, is a long time in the world of financial markets. Hopes for a swift economic recovery, propelled by massive monetary and fiscal stimulus, have been replaced by fears over a resurgence in coronavirus infections -- wiping $3 trillion off the value of world stock markets.
Argentina's stocks are rocketing, outpacing equity market peers around the world in the second quarter as growing risk appetite has lured investors to the country's listed firms despite biting economic and debt crises.
福利网站The pound shed early gains against a weaker dollar on Friday to be 0.6% lower on the day as a combination of stronger appetite for risk, unprecedentedly weak economic data and Brexit concerns weighed on the British currency.