Boeing's stocks decreased by 22%

Boeing's stocks decreased by 22%

Boeing shares tumbled as much as 22% to a more-than-six-year low on Tuesday following a rating downgrade that reflected its worsening cash flow due to the extended grounding of its 737 MAX jet and the blow from the coronavirus pandemic. The stock was the biggest drag on the blue-chip Dow Jones Industrial Average (DJI) index,...
Global Airline industry stocks down 35% this year

Global Airline industry stocks down 35% this year

The airline sector, which has been hard hit by a COVID-19 coronavirus-related travel slump. The airline stocks plummeted due to temporary travel restrictions. The U.S. has banned most travel from Europe for 30 days from last Friday. A number of countries, including the Italy, Saudi, and Iran etc. have imposed travel restrictions in a bid...
BOJ plan how to defeat virus

BOJ plan how to defeat virus

The Bank of Japan raised the target for its asset purchases and announced a new loan program, moves which were more aggressive than we had expected. The BOJ doubled the pace of annual ETF and REITs purchases, aiming to stabilize markets as the global virus outbreak sends shockwaves across economies. It left the short-term policy...
Gold Price Weekly Outlook

Gold Price Weekly Outlook

Last week Gold traders witnessed worst week since 2016. The gold price tanked the worst two-day drop in history as pandemic panic grips global financial markets. Gold is down more than 9% on a weekly basis; the price is down more than $175 an ounce from its opening levels on Monday which could lead to...
Time to invest into the ,,clening companies?''

Time to invest into the ,,clening companies?''

According to analysts supported by consumer spending in stake are potentially billions of dollars in sales. Consumers spent nearly $22 billion on surface cleaner globally and another $1.43 billion on cleaning wipes in 2019. Clorox has about 4% percent and 37% percent of the surface cleaner and disinfecting wipes categories, respectively, followed by Reckitt, with...