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The Week Ahead – Data, Covid-19, Geopolitics and More to Keep the Markets Busy

It’s a particularly busy week ahead as the 3rd quarter comes to a close. With economic data, geopolitics, and COVID-19 in focus, it will be a choppy week.

The Unintended Consequences Of Fossil Fuel Divestment

The stability of the global oil market is under threat. The impact of COVID-19 and the resultant demand destruction has put an ever-increasing amount of oil and gas producers on the path to bankruptcy Read More at Yahoo Finance

U.S. Stocks Set To Open Lower As Initial Jobless Claims Unexpectedly Increase

S&P 500 futures are losing ground in premarket trading after the release of disappointing employment reports.

US Stocks Tumble from Extremes as Investors Search for Sweet Spot that Represents Value

The major U.S. stock indexes finished lower on Wednesday after fresh economic data revealed a cooling of U.S. business activity and the stalemate in Congress over more stimulus elevated concerns about Read More at FXEmpire

Costco Wholesale beats Q4, says it was impacted by covid-19 premium wage expenses and sanitation costs

Costco Wholesale released its fourth quarter earnings report after hours on Thursday, beating investor expectations on both revenue and earnings per share. The company said that it was negatively affected by coronavirus premium wage expenses and new sanitation costs. Yahoo…