The safe-haven asset from the land of the rising sun steals the spotlight after the BOJ governor gave his speech. The Japanese yen exchange rate dips this Thursday’s trading sessions as trade war prospects get clearer. Aside from trade war optimism, the improving sentiment around the global economic growth is also pushing the yen lower. …
Japanese Yen Exchange Rate in Focus After Christmas Read More »
A little over a year after the controversial Boeing 737 crashes, CEO Dennis Muilenburg had to leave the company. Boeing posted about his resignation. Other reports claim he was fired. Chairman of their board of directors David L. Calhoun will replace Muilenburg, maintaining his position during the “brief transition period.” At this time, the company’s …
Boeing CEO Fired Over 737 Tensions | Wibest Broker Read More »
24Option received an order to stop financial securities operations in Italy this week. According to the country’s securities regulator Consob, the company was banned from non-compliance with specific regulations. Domains barred from the country include www.24option.com, www.rodeler.com, www.24fx.com, www.grandoption.com, and www.quickoption.com. Consob’s decision also prevents the Cyprus-based company from soliciting customers and providing investment services …
As the market rests and relaxes for the holiday season, oil and petroleum bulls are having their way in the market. Although the emerging markets across the globe are not open today due to Christmas celebrations. Analysts point to trade agreement optimism as the main source of strength for today’s rally. West Texas Intermediate contract …
Oil and Petroleum Futures Sees Gains, Market Stays Calm Read More »
It is important to note that Bitcoin is one of the most popular cryptocurrencies in the world. Moreover, it retains the status of the biggest cryptocurrency when it comes to market cap. Despite all of the achievements, Bitcoin is struggling to gain attention based on search results. Moreover, searches for words such as Bitcoin and …
In 2019, mega Initial Public Offerings (IPO) of Lyft and Uber failed to meet the expectations. Despite these problems, this year’s IPOs were not as bad as it could have been, which is good news. Moreover, an index that tracks initial public offerings outperformed the S&P 500 index in what could be a historic year …
It is a well-known fact that Bitcoin is the biggest cryptocurrency in terms of market capitalization. On December 24, Bitcoin was unable to strengthen its position as the price declined below the $7,700 resistance area. Moreover, the price traded below the $7,400 and $7,300 support level. Bitcoin’s price struggle to stay above the $7,260 support …
South African energy giant Eskom is the biggest upset to the country’s emerging market this 2019. It made an impact on its currency – the South African rand – and to the country’s economy. So, how did this energy-producing company give a headache to the South African government? Eskom is a public electricity utility company …
Eskom Made South Africa’s Emerging Market 2019’s Worst Read More »
International Monetary Fund (IMF) released its annual review of India’s economy. India has one of the largest economies in the world. This annual review helps to learn more about India and its economy. According to the IMF, India’s government should work harder to reverse the economic slowdown. It is worth mentioning that India’s economy is …
For the last two days, investors digested the information connected with China and its economy. Recently, China decided to reduce import tariffs on a wide range of products. According to Chinese officials from 2020, it will lower import tariffs on more than 850 products. However, this news proved insufficient to boost the mainland Chinese stocks …
Several days ago, Canadian multinational media conglomerate Thomson Reuters formed a partnership with Verady. On December 19, it made an announcement which will please crypto owners as well as their accountants. According to this statement, Thomson Reuters plans to create the new cryptocurrency tax tool in cooperation with Verady. As a reminder, this company specializes …
Thomson Reuters, which is the multinational media conglomerate, made an announcement several days ago. On December 19, Reuters announced that it plans to create the new cryptocurrency tax tool in cooperation with Verady. This company specializes in the accounting and reporting of cryptocurrencies and blockchain assets. As a result, Thomson Reuters GoSystem Tax RS product …
On Tuesday, stocks were mixed in Asia ahead of the Christmas holiday. Mainland Chinese stocks strengthened their positions after experiencing problems on Monday. The Shanghai Composite gained 0.67% to about 2,982.68. Meanwhile, the Shenzhen component added 1.32% to 10,189.29. Moreover, the Shenzhen composite increased by 1.381% to approximately 1,690.74. In Hong Kong, the Hang Seng …
In the previous article, we discussed different types of cryptos. Now, let’s discuss how cryptocurrency generally behaves on the market. People who are new to crypto trading should remember that the price of cryptocurrency depends only on the people. No one is controlling the cryptocurrencies. As a result, price depends on supply and demand. The …
Iran and Saudi Arabia have been long-time rivals. And this year, things just got more complicated. The Iran-Saudi Arabi Proxy Conflict or Iran-Saudi Arabia cold war, as they call it, started when the Iranian Revolution flared up in 1979. On the other side, Saudi Arabia is building up its leadership in the Muslim world by …
The Clash of Middle Eastern Titans: Iran and Saudi Arabia Read More »
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