Oil petroleum futures are on their three-month highs today thanks to the progress in the US-China trade deal. Investors are ending their week on a good note as bears fail to drag prices lower. West Texas Intermediate futures or WTI crude oil prices steady today, dipping only by 0.03% or 0.02 points in trading sessions. …
Trade War Progress Helps Keep Oil Petroleum Prices Steady Read More »
On Thursday, stocks rose to all-time highs as investors ignored the news that U.S. Congress voted to impeach U.S. Donald Trump. All three major U.S. stocks increased on December 19. The S&P 500 rose 0.5% to 3,205.37. This index reached more than 3,200 for the first time. Another major U.S. stock index, the Dow Jones …
A huge historical event took place in recent U.S. politic news. Donald Trump became the third President in the history of the United States to be impeached. The House passed both articles of impeachment, which are an abuse of power and obstruction of Congress. If the House brings formal charges and votes to impeach, the …
Trump Impeachment: Impact on USD and other currencies Read More »
There are a lot of cryptocurrencies around the world. However, Bitcoin is the biggest cryptocurrency when it comes to market capitalization. Recently, Bitcoin’s price broke the resistance levels above $6,800 and $7,000. Moreover, Bitcoin reached a new weekly high near the $7,487. However, it was unable to hold the momentum, and the price started a …
YouTuber Stunt philanthropist Jimmy “MrBeast” Donaldson finally pulled off one of the biggest fundraising challenges in YouTube history. Alongside 600 other Youtubers, they managed to raise $20 million to plant 20 million trees. The video-streaming site’s most popular creators posted videos with the hashtag #TeamTrees to recruit viewers into donating for the cause. 500,000 Team …
YouTube #TeamTrees Reaches 20 Million | Wibest Broker Read More »
The Republic of Cuba is one of the last countries in the world where communists remain in power. In 1959, communists came in power as a result of the uprising. It is worth mentioning that Cuba survived the fall of the Soviet Union. Due to various internal and external factors, the local economy is in …
On Thursday, stocks were mixed in Europe. Investors tried to digest the economic data as well as interest rate decisions from central banks. Moreover, the news that U.S. Congress voted to impeach President Donald Trump was not enough as markets showed a minimal reaction. On December 19, the Pan-European Stoxx 600 was mostly flat during …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURAUD The pair is trading in the red as the Australian dollar pares back most of its losses to the euro in the previous sessions, creeping back down to the 50-day moving average. It’s …
Daily Market Charts and Analysis December 20, 2019 Read More »
Bitcoin is the oldest and biggest cryptocurrency on the market. It helped to popularize the cryptocurrencies. Also, Bitcoin paved the way for other crypto-related projects as a lot of people learned about the crypto markets thanks to this crypto money. Next year, Bitcoin’s “halving” will cut production of the oldest cryptocurrency by 50%. This event …
On Thursday, the Bank of Japan decided to keep the monetary policy. According to the statement, Japan’s economy is likely to continue growing despite the problems connected with overseas economies. However, economic problems abroad, as well as domestic demand, will affect the economy. Japanese stocks declined on December 19. The Nikkei 225 fell by 0.29% …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. NZDUSD The pair has trading in the green in the previous trading session after slipping previously near the 200-day moving average. The New Zealand got back up from the weaker trading level after the …
Daily Market Charts and Analysis December 19, 2019 Read More »
In May 2020, one event will have a dramatic impact on Bitcoin and crypto markets in general. In less than one year “halving” will cut production of the oldest cryptocurrency by 50%. The event, expected in May 2020, will reduce the number of new coins awarded to Bitcoin miners. These miners provide the global supply …
This week Boeing made a decision that will have a severe impact on the American economy. On Tuesday, aircraft manufacturer announced its decision to halt production on its bestselling model which is the Boeing 737. As a result, starting from January Boeing will stop building its bestselling jet. As a reminder, Boeing 737 Max airplanes …
Crypto regulations remain one of the most debated topics due to sensitivity. Due to a lack of regulations, politicians around the world are skeptical regarding the future of cryptocurrencies. For instance, U.S. President Donald Trump is one of them. In this situation, it is important to create regulations that will be acceptable for the crypto …
The U.K. decided to leave the European Union as a result of a referendum which dates to 2016. However, it took longer than expected to deal with all the issues connected with leaving the EU. The date of withdrawal changed multiple times. Prolonged withdrawal process continues to affect the stock markets. Two days, U.K.’s Prime …
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