On Monday, most of the stocks in Asia increased, and several factors affected the stock markets. Mainland Chinese stocks have a good day as the Shanghai composite rose 0.66% to about 3,095.79. At the same time, the Shenzhen composite added 1.311% to around 1,289.96. The Shenzhen component added 1.47% to 11,115.88. In Hong Kong, the …
Thailand’s Ministry of Finance and the Thai Securities and Exchange Commission (SEC) granted a digital assets exchange license to Zipmex. It is a crypto-fiat trading platform. Based on the press release, authorities granted the license. Zipmex had to meet the requirements. For example, a company should prove that they have robust finances, with shareholder equity …
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Fox is out in all Walt Disney Studios acquisitions. 20th Century Fox will reportedly rebrand to 20th Century Studios and Fox Searchlight Pictures now has no Fox. Speculations lead to the impression that Disney’s phase-out aims to remove the association with Fox as a politically contentious brand. Brands under the studio still have Fox News, …
Last week, U.S. and China signed the “phase one” trade deal. As part of the agreement, China will import a further $33 billion of manufactured goods in 2020. Moreover, this number will reach $45 billion in 201 in comparison with 2017. China has multiple options on how to achieve this goal. For instance, China might …
The crypto market is constantly developing, and it takes time to learn more about the latest developments. However, crypto adaption is not an easy task and some people are skeptical regarding the future of Bitcoin and other cryptocurrencies. People often use a specific argument against Bitcoin. According to this argument, something better will replace Bitcoin. …
The employees of Google parent-company Alphabet should be proud as the company’s market capitalization reached $1 trillion. This is an extraordinary moment for Alphabet’s new CEO Sundar Pichai as well. Alphabet became the fourth U.S. company to hit the $1 trillion market capitalization. Apart from Alphabet, Apple, Microsoft, and Amazon achieved the same result. Apple’s …
Brent and WTI crude prices jumped on Monday in Asia amid the heating up in tensions among Mideastern countries. Concerns raged over output and export numbers. US Crude oil WTI futures gained 1.1% to $59.25. Meanwhile, International Brent oil futures soared 1.3% to $65.69. Sunday saw Iraq stopping output at an oilfield. This decision comes …
The dollar was robust on the currency markets on Monday after US economic data signaled a strengthening across the economy. Such strengthening might mean the US Federal Reserve will not have to cut key interest rates. The buck was near a one-week high against the euro at $1.1096. Against the Japanese yen, it was trading …
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Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPAUD The pair has been trading within tight ranges in the previous sessions, trading near the 50-day moving average and indicating that bulls and bears are reluctant to take the pair higher or lower. …
Daily Market Charts and Analysis January 20, 2020 Read More »
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