Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDZAR The pair is slipping to the lower parts of the daily chart, declining largely as the dollar weakens on trade news. The 50-day moving average is also poised to cross below the 200-day …
Daily Market Charts and Analysis December 30, 2019 Read More »
On Thursday, U.S. stocks reached all-time highs. The Dow Jones Industrial Average gained 105.94 points to close at 28,621.39. At the same time, the S&P 500 gained 0.51% to 3,229.91. Moreover, the Nasdaq Composite ended its trading day 0.78% higher at 9,022.39. It is worth mentioning that the Nasdaq Composite surpassed the 9,000 mark for …
This year comes to an end and let’s have a look at how the crypto market changed in 2019. One of the debated issues is the crypto regulations around the world. Last week, the Financial Markets Authority, which is the financial regulator in France, released the rules regarding the licensing of crypto companies. Furthermore, the …
On Friday, stocks in Asia were mixed; just one after shares in the U.S. reached all-time highs. Mainland Chinese stocks were unable to strengthen their positions. The Shanghai composite declined to end its trading day to about 3,005.04. Meanwhile, the Shenzhen component declined by 0.68% to 10,233.77. Another Chinese index the Shenzhen composite also fell …
This week France’s financial regulator, Financial Markets Authority, released the rules on Wednesday regarding the licensing of crypto companies. Moreover, the following day regulator also released the guidelines about this process. The rules and guidelines are based on France’s PACTE law. As a reminder, France was one of the first countries in Europe to approve …
Yesterday, the Lebanese central bank head, Riad Salameh, commented about the crisis faced by the pound in the black market. According to Salameh, “nobody knows” how much the dollar could rise against the pound on the black market. The extremely serious situation continues to escalate, adding more pressure on the currency. The turbulence in Lebanon’s …
Lebanese Central Bank Governor Addresses the Pound Read More »
Oil petroleum futures stand firm on three-month highs thanks to the right set of fundamentals backing up traders. The improving US economy – mainly the strong consumer spending – and the brightening trade deal prospects. Bulls are looking to close 2019 with good gains and continue their solid momentum in early January. Despite stubbornly range-bound …
Odds Are Working in Favor of Oil Petroleum Prices | Wibest Read More »
Cox Communications was demanded $1 billion in damages for allowing 10,000 pirated song downloads. Chief legal officer of Recording Industry Association of America said the company should be held accountable for the losses. Cox Comms is an internet service provider going against Comcast and Verizon. A three-week trial in federal court in Alexandria, Virginia ordered …
The Japanese yen exchange rate is in deep waters this 2020 as the US and China settle the trade agreement. It’s as if the trade war saga is a Marvel franchise wherein it has phases and climaxes. US and Asian stocks are rallying thanks to trade war hopes, but that’s not the case for safe-haven …
Yen Exchange Rate May Be in Trouble in 2020 | Wibest Read More »
On Thursday, China Beige Book released a business survey about China’s economic growth in the fourth quarter. This independent survey helps to learn about the second-largest economy in the world. The latest quarterly review of the economy showed that despite the problems, the economic growth rate improved in comparison with the same period a year …
Cryptocurrencies, as well as crypto-related companies, have to deal with various problems. The path to crypto adoption is not easy and it will take time and effort to convince private and governmental organizations. Recently, Google decided to remove videos about cryptocurrencies from its video website. YouTube is the world’s biggest video website. For example, 300 …
Google’s relationship with Bitcoin and as well as other cryptocurrencies is far from being ideal. However, Google’s recent decision will cause even bigger animosity as the company decided to remove Bitcoin and cryptocurrency videos. YouTube is the world’s biggest video website. To have a better understanding, it is desirable to remember that 300 hours of …
Electric vehicle industry developed in China as the government decided to tackle the pollution as well as to become the market leader. China’s economy is growing, and currently, its economy is the second-largest in the world. In the last several years, venture capitalists invested billions of dollars into the emerging electric vehicle industry. However, it …
U.S. President Donald Trump likes how his presidency supported the stock market. The data from the Bespoke Investment Group supports his opinion about the stocks. For example, the S&P 500 returned more than 50% since Trump became the president in 2017. It is worth mentioning; this number is more than double the 23% average market …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDSGD The pair has been trading in thin volumes as the market enters the holiday, barely moving, although it could be expected to move largely after the Christmas holiday. The 50-day and 200-day moving …
Daily Market Charts and Analysis December 26, 2019 Read More »
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