Today’s Stock Market News & Events: 12/31/2020 – Schaeffer’s Investment Research

Today's Stock Market News & Events: 12/31/2020 - Schaeffer's Investment Research

A quick overview of major market-moving events including economic reports and high-profile earnings scheduled for Dec 31 The Water-Soluble Dietary Fiber market provides an in-depth Trends outlook 2020-2026:Water-Soluble Dietary Fiber MarketThe report presents a brief overview of the Global Water-Soluble Dietary Fiber Market and its dynamic nature.The report also pro SHAREHOLDER ALERT: YY SPLK BSX: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines The UK Government has agreed with leading trade credit insurers to extend the Trade Credit Reinsurance Scheme until June 2021. The objective of the 2021 scheme is to continue to support UK businesses affected by the coronavirus pandemic and to aid economic recovery by providing targeted support via trade credit insurers. Commenting on the extension of the Trade Credit… Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bear Call Spread trade opportunity for JFROG LTD. ORDINARY SHARES (FROG) for the 15-Jan-2021 ex… “Notwithstanding anything contained in paragraph 2, the anti-dumping duty imposed under this notification shall remain in force up to and inclusive of the 31st December, 2020, unless revoked, superseded or amended earlier,” the revenue departments notification said, citing the November 2015 order it had issued at that time.

Stocks bounced back on Wednesday, but not enough to hit new highs. A highly contagious strain of COVID-19 was identified in the U.S. and investors were shaken mid-session yesterday. More negative sentiment came from a lack of urgency in the Senate to vote on a bill that could increase stimulus payments to $2,000 from $600. Boosting sentiment, on the flip side, was the U.K’s approval of AstraZeneca’s (AZN) COVID-19 vaccine with the University of Oxford. The U.S. is currently averaging more than 2,000 COVID-19 deaths and 180,000 cases each day, according to Johns Hopkins University data.

The Dow Jones Industrial Average (DJI – 30,409.56) added 73.9 points for the day on Wednesday. The S&P 500 Index (SPX – 3,732.04) rose 5 points and the Nasdaq Composite (IXIC – 12,870.00) jumped 19.8 points yesterday. The Cboe Volatility Index (VIX – 22.77) lost 0.3 point during Wednesday’s trading session.

2021 is nearly here… and there is no time to waste in identifying the best stocks to buy in 2021. The experts here at Schaeffer’s Investment Research released their eleven top stock picks for 2021 this week in a special report that is completely complimentary to all Schaeffer’s readers. To get access to the absolute best stock to buy in 2021, simply fill out the form here and you will be immediately directed to the priceless insights. No download required.

Happy New Year’s Eve, traders! It’s officially the last trading session of 2020. The market will be cooling off again today, with only the last round of jobless claims data of 2020 to unpack.

There are no companies slated to release quarterly earnings reports today, December 31.

There were also no companies that reported quarterly earnings yesterday, December 30, so there is also no earnings report recap today.

Looking ahead to next week (and next year!), the first week of 2021 will be packed full of economic indicators for investors to digest. The weeks starts off with the Markit manufacturing Purchasing Manager’s Index (PMI) and the ISM manufacturing index. The non-manufacturing index, as well as the first jobless claims data of the year will round out the week. Plus, traders will be keeping a close eye on the ADP employment report, as well as the employment rate and average hourly earnings updates. The Fed’s latest meeting minutes are also on tap next week.

The U.S. stock market has a shortened schedule again this week, with only four full trading days that ends today. Tomorrow, January 1, the U.S. stock market will be closed in observance of New Year’s Day. Normal trading will resume on Monday, January 4.

Source: www.schaeffersresearch.com

Author: Schaeffer’s Digital Content Team


Water-Soluble Dietary Fiber Market Analysis, Exhaustive Impact of Existing and

Water-Soluble Dietary Fiber Market Analysis, Exhaustive Impact of Existing and

The report presents a brief overview of the Global Water-Soluble Dietary Fiber Market and its dynamic nature.

The report also provides an in-depth market analysis to characterize, depict and project that the global market Water-Soluble Dietary Fiber is segmented into types of organization, application and regions with regard to development models and commitments to the general market. The Global Water-Soluble Dietary Fiber industry report focuses on developing models in global and national regions on all critical parties, including the cost, value, demand, benefit analysis as well as competitive analysis. Moreover, some segments and sub-segments of the world market Water-Soluble Dietary Fiber are considered in the report concerning the specialized study of the market division, size, and market elements, for example, growth engines, limits, challenges and opportunities, investors’ analysis, partners, along with the key market players.

Get a Sample Copy of this Report @ https://www.regalintelligence.com/request-sample/190856

Tate & Lyle, Huachang Pharmaceuticals, Danisco A/S, NEXIRA, INGREDION, Sunopta Inc, Archer Daniels Midland Company

The prominent players are set up to strategize the dominant marketing activities so that they can transform them favorably in the current market. The report outlines what is happening and how the current dynamic market is unfolding and the component that contribute to it. Furthermore, the report also looks at upstream raw materials, downstream demand, and production value of the main players subject to market growth.

Based on the type of product, the global Water-Soluble Dietary Fiber market segmented into
Insulin
Polydextrose
Pectin
Beta-Glucan
Others

Based on the end-use, the global Water-Soluble Dietary Fiber market classified into
Functional Food
Feed Industries
Pharmaceutical Industries

Based on geography, the global Water-Soluble Dietary Fiber market segmented into
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of Middle East and Africa]

  • Stock market declines by 30 to 40 percent
  • Growth may drop to 1.1% in FY21

Reach us to quote the effective price of this report (UPTO 50% OFF) @ https://www.regalintelligence.com/check-discount/190856

  • History Year: 2015-2020
  • Base Year: 2020
  • Estimated Year: 2020
  • Forecast Year 2020 to 2026

The global Water-Soluble Dietary Fiber market is segmented as follows:

  • Based on the kind of product
  • Based on application.
  • Based on…

Source: www.fromhealthnews.com

Author: By Health News


Biden faces tough, necessary trade policy decisions in 2021 – Investors News

Biden faces tough, necessary trade policy decisions in 2021 – Investors News

2020 was a volatile year for international trade. The COVID-19 pandemic caused a massive slowdown in global production. At the same time, the World Trade Organization (WTO) remained gridlocked and the U.S.-China trade war raged on with no end in sight. All of these factors contributed to an estimated 9 percent reduction in global trade flows.

Enter Joe BidenJoe BidenTrump to cut Florida trip short, return to Washington on Thursday Intel vice chair says government agency cyber attack ‘may have started earlier’ Trump administration declassifies unconfirmed intelligence on China bounties on US forces in Afghanistan: report MORE. 

The president-elect pledges to reduce trade tensions abroad while promoting economic recovery at home. It’s going to be a difficult balancing act — and one that has many wondering whether Biden will succeed.

At least three major trade issues face the Biden White House in the coming year. 

The first is China. The U.S.-China trade war is, perhaps, the defining feature of the Trump administration’s foreign policy. Back in 2016, Trump talked tough on trade, criticizing China for discriminatory subsidies, currency manipulation and intellectual property theft. Once in office, Trump oversaw a historic increase in U.S. tariffs, leading to a trade war that now involves over $700 billion in bilateral trade.

There’s a broad consensus among economists (and many U.S. industry leaders) that Trump’s tariffs did more harm than good. Yet, in spite of evidence of the trade war’s costs, Biden already stated that he has no intention to lower barriers in the near future. Instead, his policies will focus on creating U.S. jobs and restoring America’s economic competitiveness. He pledges significant investments in infrastructure and stricter enforcement of “Buy American” policies to bolster production at home.

Equally important is Biden’s pick for U.S. trade representative. Katherine TaiKatherine Tai2020’s historic firsts and what to watch in the new year Asian lawmakers set sights on Biden’s Labor secretary pick Progressives frustrated with representation as Biden Cabinet takes shape MORE brings useful litigation experience to the table. During the Obama administration, Tai helped enforce America’s trade rules, playing a leading role in America’s trade disputes against China.

In light of Biden’s rhetoric, and his Cabinet appointees, any reduction in U.S.-China tensions are likely to take significant time.

The second issue is what to do about America’s trade deals. The Trump administration cast doubt on the legitimacy of international trade law by threatening to leave the WTO and withdrawing from the Trans-Pacific Partnership.   

Biden has hinted at a more cooperative approach, promising to “renew alliances” with traditional economic partners. However, he remains tight-lipped when it comes to specifics about the future of the WTO. He stated only that domestic economic objectives take priority over any new deals.

One early test may be whether Biden pursues ongoing negotiations with the United Kingdom. Talk of a U.S.-UK deal has been lingering for several years but was held up by uncertainty surrounding Brexit. Now that the European Union and UK have reached a trade deal, space has opened up for bilateral talks.

From America’s point of view, a bilateral deal with the UK creates opportunities to skirt long-standing disagreements with the EU, such as Europe’s prohibitions on genetically modified organisms and its civil aircraft subsidies. However, there remains significant distance between the U.S. and UK on taxation and food safety.

If we do see a U.S.-UK completed in the immediate future, it will be a useful indication of Biden’s view of America’s trade deals. 

The third trade-related issue is the most important: inequality.

The simple, unfortunate fact is that income inequality has been increasing in the U.S. (even before COVID made things worse). The last decade has shown us, repeatedly, that global market shocks hurt working- and middle-class labor. The Great Recession, trade wars and COVID-19 all contribute to reductions in household income and risk leaving some portion of the economy behind.

Biden’s trade policy decisions need to recognize the close connections between global markets and local welfare. This means, at a minimum, recasting trade policy to increase social inclusion and strengthen the power of labor. These are the best ways to ensure that average workers are not sacrificed on the altar of free trade.

None of this will be easy — especially in a world still coming to grips with COVID-19 and its disastrous economic effects. Questions linger over whether governments can cooperate in an era of increasing nationalism or whether Biden will enjoy the same trade policy authority granted to Trump.

Either way, 2021 will be a test of Biden’s trade policy strategy. In an era of growing inequality, millions of workers hope it’s a test he will pass.  

Jeffrey Kucik is an associate professor in the School of Government and Public Policy and the James E. Rogers College of Law (by courtesy) at the University of Arizona.

Source: investorsnews.net


Brexit: Trade Credit Extension Has To Be Good News

Brexit: Trade Credit Extension Has To Be Good News

The UK Government has agreed with leading trade credit insurers to extend the Trade Credit Reinsurance Scheme until June 2021.

The objective of the 2021 scheme is to continue to support UK businesses affected by the coronavirus pandemic and to aid economic recovery by providing targeted support via trade credit insurers.

Commenting on the extension of the Trade Credit Reinsurance Scheme until 30th June 2021, Stuart Ramsden, Regional Director at Atradius UK  said:

“Maintaining trade credit insurance cover for UK businesses is key to enabling trade and protecting supply chains. Trade credit protection is also important for the UK economy and its ability to overcome the challenges arising from the pandemic. From the early days of the pandemic, Atradius, alongside other leading providers and the ABI, worked very closely with Government representatives to develop this important support scheme and we welcome the confirmed extension.”

ABI COMMENT

Commenting on the extension of the Trade Credit Reinsurance Scheme til 30th June 2021, Graham Walsh, ABI Senior Policy Adviser, General Insurance said:

“Maintaining trade credit insurance cover between suppliers and their clients is a key component in enabling the UK economy to overcome some of the challenges arising from the pandemic. We’re pleased to have been able to help the Government agree an extension to the scheme, meaning UK businesses can continue to benefit from a greater level of protection from trade credit cover than might have otherwise been possible.”

More details of the extension can be found here on the Government’s website.

MORE GOOD NEWS ON GIBRALTAR

The tricky issue of Gibraltar looks set to be resolved slowly but surely, as the UK and EU agreed that Schengen Zone rules would apply from today for travellers moving across the border with Spain. The UK, Gibraltar and Spain now have a six month window to negotiate a treaty of the movement of people, services and goods in and out of the disputed territory. It will be difficult, but the compromise reached with the EU as regards Northern Ireland surely indicates that some kind of dual sovereignty arrangement can be cooked up, at least on paper.

In one sense Covid and all its restrictions across the globe has made Brexit something of an irrelevance. Given that digital ID, plus control and tracking of everything; goods, services and people, seems the most profound long-term outcome of Covid-19, the issue of any physical border checks is really about preventing low level smuggling and the ever present threat of terror activity. In those two areas it would be unwise for any nations to completely abolish border checks indefinitely, much as globalists would like that utopia to be the default position.

Source: insurance-edge.net

Author: About alastair walker

4939 Articles


StockTwits Trending Alert: Trading recent interest in JFROG LTD. ORDINARY SHARES $FROG

StockTwits Trending Alert: Trading recent interest in JFROG LTD. ORDINARY SHARES $FROG

Quantcha now offering unlimited commission-free options trading.

Quantchabot has detected a promising Bear Call Spread trade opportunity for JFROG LTD. ORDINARY SHARES (FROG) for the 15-Jan-2021 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

FROG was recently trading at $62.83 and has an implied volatility of 70.63% for this period. Based on an analysis of the options available for FROG expiring on 15-Jan-2021, there is a 34.12% likelihood that the underlying will close within the analyzed range of $54.58-$62.83 at expiration. In this scenario, the average linear return for the trade would be 43.66%.

Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, JFROG LTD. ORDINARY SHARES was recently trending, indicating that breaking news and/or market activity has significantly impacted sentiment toward the stock. This movement can be interpretted as a sign of more near-term price movement for the underlying.

Trade approach: The recent sentiment change in FROG on StockTwits appears to be significantly negative, indicating that the stock is likely to follow in that direction for investors trading on sentiment. As a result, a bearish strategy could prove effective if the sentiment ultimately turns out to drive trading.

Upside potential: Using this bearish strategy, the trade would be profitable if JFROG LTD. ORDINARY SHARES closed at or below $63.40 on 15-Jan-2021. Based on our analysis, there is a 52.54% likelihood of this return.

Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.

To analyze this trade in depth, please visit the Quantcha Options Search Engine.

Source: ideas.quantcha.com


India extends anti-dumping duty on carbon black imports from China, Russia till Dec 31, 2020

India extends anti-dumping duty on carbon black imports from China, Russia till Dec 31, 2020

Synopsis

Download The Economic Times News App to get Daily Market Updates & Live Business News.

Source: economictimes.indiatimes.com

Author: Gulveen Aulakh


Today's Stock Market News & Events: 12/31/2020 - Schaeffer's Investment Research

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