Hey traders, we hope you had a great week! This week, these were some of the hot topics raised by FOLLOWME's users in line with the market sentiment, let’s see if you are on the same page:
#Bideninauguration# - The inauguration of Joseph Biden as the 46th U.S. president on Jan 20 was different from past inaugurations. The outgoing president was not in attendance. There were tightened security measures due to a recent storming of the U.S. Capitol. Nevertheless, the New York Times reported that nearly 40 million people watched the historic event over six major TV-news outlets. As Biden takes his place alongside Kamala Harris, the first female U.S. vice president, did you watch the inauguration and what do you think lies ahead for America over the next four years?
#BankofEnglandinterestrate# - Andrew Bailey, the governor of the Bank of England, in a recent statement said that it’s important for policymakers to maintain negative interest rates as a possible option. He also commented that there could be pronounced effects from England’s latest lockdowns on the economy. Any thoughts on BOE’s upcoming interest rate decision?
#ChinaEconomy# - China’s gross domestic product (GDP) increased by 2.3% in 2020. It is the only major economy that did not experience a GDP contraction as the Coronavirus pandemic took a toll on the rest of the world. A Reuters poll also showed that in 2021, the GDP of the world’s second-largest economy is expected to grow at the fastest pace in a decade at 8.4%. What is your opinion?
Share your thoughts in the comment section!
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