On Monday, stocks in Asia mostly increased by the close, just two days ahead of the trade deal. Investors are waiting for the historic moment. On January 15, U.S. and China will sign the “Phase-One” trade deal in Washington, D.C. This is a crucial moment as a protracted trade war already created many issues for …
Bitcoin is the oldest cryptocurrency on the market. Last week Bitcoin’s price increased by more than 11%. It is worth mentioning that it was the biggest weekly gain since October. As a reminder, the price of Bitcoin jumped 16% in the third week of October. Moreover, for the last several months, Bitcoin managed to strengthen …
Wearable device company Fitbit plans to include its devices in Medicare Advantage plans from three insurers. These wireless-enabled activity tracers will benefit 59 plans by UnitedHealthcare in 27 states. WellCare Health Plans offers Georgia Medicaid adult members with Type2 diabetes a Fitbit inspired device. However, this is only the case with those who complete their …
Weak signs from the eurozone and American economies are causing the EUR/USD trading pair to steady this Monday’s sessions. The pair is heavily weighed by the lackluster results from last week’s reports. In fact, both currencies’ indices are struggling to gain altitude this Monday. The silence in the market today is not helping the pair …
EUR USD Steadies, Weakening Economies Problem to Traders Read More »
The Communist Party of China is the ruling political party since 1949. During the last 70 years, China transformed from the agrarian to society to the industrial powerhouse. Moreover, its economy is the second-largest in the world. Millions of people improved their living standards and government plans to eradicate poverty. However, without a strong economy, …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDCAD The pair has been trading in the red in the previous two sessions but still near the two-month highs that it recently recorded. The potential downside risks from the global trade conflicts appear …
Daily Market Charts and Analysis January 13, 2020 Read More »
A poll last week said that the US dollar would dominate the 2020 forex market. Foreign exchange strategists agreed. Meanwhile, Tehran denies claims that it has shot down the Ukrainian plane that killed 180 passengers. Although many forecasters expect the euro to edge up slightly, few of them say that the dollar’s dominance will …
After a gruesome series of events for the market at the beginning of the year, traders are finally feeling relief. Oil and petroleum prices are edging up in trading sessions thanks to trade war hopes. So, once again, the focus turns to the protracted trade war between the United States and China. Fortunately, this time, …
Oil and Petroleum Edge Up, Trade Deal Back in Focus Read More »
The lack of proper regulations is a serious challenge for crypto markets. Starting from 2020, crypto-related companies will have to comply with new rules as part of AMLD5. The purpose of the Fifth Anti-Money Laundering Directive (AMLD5) is to prevent activities connected with terrorism. Moreover, this directive will help to avoid hiding personal wealth. This …
Deloitte is part of the “Big Four” accounting organizations. Moreover, it has the largest professional services network in the world in terms of revenue and number of professionals. Currently, it employs more than 310,000 professionals across the globe. Recently, Deloitte released the CFO Signals Survey. This survey is helpful as corporate leaders shared their opinions …
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