Senator Tom Cotton, a US lawmaker, just introduced a bill to prohibit sharing intelligence to countries that use Huawei. The White House’s concerns against the tech giant lead them to place it on a trade blacklist. Cotton told the country’s allies to consider the consequences of sharing valuable information to a Chinese “intelligence-gathering arm.” One …
Tesla, which is one of the most famous electric car producers in the world, reached another milestone. For the first time history, Tesla Inc’s stock market capitalization surpassed the combined values of General Motors Co and Ford Motors Co. On Wednesday, more precisely, on midday, electric car maker’s stock rose about 4% and reached a …
In December 2019, Rosatom State Atomic Energy Corporation opened a crypto mining farm. The state-owned corporation allocated more than $4.8 million to build the 30-megawatt facility. Based on the information provided by the Sergei Nemchenkov. He is the head of data centers and digital products at Roenergoatom, which is a part of Rosatom. It is …
Right after Washington pulled back and called for renewed diplomacy, safe-haven assets also pulled back in sessions. Good news came in yesterday after the head of the White House gave his speech regarding the extreme tension. Safe-haven assets such as the Japanese yen and the Swiss franc immediately lost their safe-haven appeal in sessions. Traders …
Washington Backs Down, Safe-Haven Assets Retreat Read More »
Not even halfway through the end of the first month of the new decade, and it’s already a roller-coaster ride. Oil and petroleum prices fluctuated widely in the past few days, thanks to the intense conflict between Washington and Tehran. After overheating and surging wildly in the last few days, crude prices reached a cap …
Oil and Petroleum Prices Edge Up After Plunging Earlier Read More »
Recently, the World Bank published its Global Economic Prospects report. Based on the report, the world economy is likely to expand by 2.5% in 2020. It means that in comparison with 2019, the global economy will be only slightly faster as in 2019, the economy grew 2.4%. It is worth mentioning, economic growth in 2019 …
The retail brokerage unit of Japanese IT giant GMO Internet recovered from its weakest Forex OTC volumes throughout 2019. November proved quieter for investors than the holiday season in December. Namely, the broker reported a 4.6 percent uptick month-on-month in December from $465.2 billion to $486.8 billion. The increase wasn’t as notable as the firm …
Higher Expectations in Toll for GMO Click | Wibest Broker Read More »
Geopolitical tension in the Middle East started a long time ago. Nevertheless, tensions increased on January 3rd after the death of Qasem Soleimani as a result of the U.S. drone attack. On January 8, stocks in the Asia Pacific region regained some of their strength. For instance, Japan’s Nikkei 225 retraced some losses, nevertheless, its …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDSEK The pair appears to have failed again in its attempt to go up, with the bears taking the price lower again after recently losing against the bulls due to the heightened tensions between …
Daily Market Charts and Analysis January 09, 2020 Read More »
There are a lot of cryptocurrencies. However, Bitcoin retains its status as the biggest crypto money in the market. It is important to mention that Bitcoin is the oldest cryptocurrency, and despite fierce competition throughout its history, it still attracts crypto owners. Nevertheless, the path to crypto adoption is not easy due to various reasons …
Right after the Australian money steadied yesterday, the air gets hotter for the currency along with Australia’s weather conditions. The odds aren’t working in favor of the AUD and the country’s economy this first month of the year. The AUD USD exchange rate steadied by 0.03% or 0.0002 points in yesterday’s trading sessions. The events …
Australian Money Steadied Yesterday; Conditions Gets Worse Read More »
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