Just one day is left before the historic moment. On January 15, U.S. President Donald Trump will sign a “Phase One” trade deal with Chinese officials. The upcoming event improved market sentiment across the Asia Pacific region. Moreover, the U.S. decided to remove China from the currency manipulator list on Monday. The U.S. Treasury added …
The yuan eased against the dollar on Tuesday after the US scrapped its decision to name China a currency manipulator. This news came just a day before the signing of the phase one trade deal. The Chinese currency retreated from its intraday gains to trade at 6.8859, having hit a five-month high of 6.8662 earlier. …
After rallying in yesterday’s trading, oil petroleum prices appearing to lose steam this Tuesday’s trading session. The two leading global benchmarks are faltering in the crude trading market now. In fact, prices are seen steadying and dipping in today’s trading. Crude contracts were first seen flatlining during the first half of today’s sessions. As of …
The Supreme Court of India decided to postpone the full hearing of the case that will have a huge impact on the local community. The Internet & Mobile Association of India (IAMAI) filed a lawsuit against the decision made by the Reserve Bank of India (RBI). As a reminder, in April 2018 country’s central bank …
India’s Supreme Court and Crypto-Related Companies Read More »
Comcast launched a new accelerator program for sports tech startups to operate out of Comcast Central Division via the Battery. SportsTech will provide resources and exposure for 10 selected startups in a boot camp starting August 2020. The American mass media company will partner with six brands in a $45 million deal lasting three years. …
The excessive amount of debt continues to affect the economy in 2020. This problem started a long time ago, but it far from being over for various reasons. Unfortunately, the situation is not improving. Moreover, by the end of September 2019, a global debt almost reached a record of $252 trillion. According to the Institute …
People who are only started to learn about cryptocurrencies may find it hard to understand the importance of crypto wallets. There is no need to worry, as it is quite easy to learn more about the different types of crypto wallets. A person is used to keep his or her money in a regular leather …
The American dollar found it difficult to rally in yesterday’s trading despite good sentiment about the US-China trade deal. The disappointing nonfarm payroll from last Friday is causing the greenback to falter even in yesterday’s trading. Still, the American buck still bagged a few gains here and there against other currencies in the market. The …
After a long, slow November in Forex, GAIN Capital Holdings, Inc. bounces back with a four percent jump in volumes. The forex broker’s clients transacted a total of $130.8 billion in December 2019. The broker’s transaction volume was at $125.6 billion in November of 2019, which was significantly lower than October 2019. However, the company’s …
GAIN Recovers from Forex Drought | Wibest Broker Read More »
In less than 48 hours, the U.S. and China plan to sign the “Phase One” trade deal. This partial agreement is going to affect stocks as prolonged trade dispute created too many problems for the financial markets. U.S. President Donald Trump will sign the long-awaited “Phase-One” trade deal with high-ranking Chinese officials. China will purchase …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDCAD The pair is currently trading in the red after moving steeply up in the previous sessions. The upward momentum, however, has apparently lost much of its steam. The price is still trading below …
Daily Market Charts and Analysis January 14, 2020 Read More »
Cryptocurrencies step-by-step are becoming more popular. However, crypto companies are struggling to develop their businesses due to various problems. One of the examples of how difficult it is to gain recognition comes from Brazil, which is the biggest country in South America. Unfortunately, Brazil’s biggest banks make decisions that may undermine the process of crypto …
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