The Chinese yuan dropped again in offshore trade, reaching its lowest level in three weeks. The virus outbreak continues, causing the stock market to fluctuate. Chinese authorities are trying to contain the virus. As they issued, the Lunar New Year’s holidays will continue for three more days. Hong Kong has banned the entry of travelers …
Yuan Struggles While the Chinese Virus Continues to Rage Read More »
After the Pentagon and the Treasury Department opposed to restricting trade with Huawei, the US Department of Commerce pulls out. Pentagon officials sided with US businesses that didn’t want to regulate US products to Huawei. They claim that pursuing the law will encourage the company to rely less on the country’s products. The equipment giant …
The 2019 tax season in the U.S. starts on Monday. As a result, taxpayers will have to provide information about their assets, including cryptocurrencies. People should disclose information about any cryptocurrency transactions in 2019. It is a very important moment for the taxpayers, as they should be careful when it comes to reporting their crypto …
The world’s second-largest economy is struggling to contain the virus that already killed more than 20 people. This is a serious challenge not only for China but for other countries as well. The World Health Organization described the situation as an emergency for China. However, the organization did not call it an emergency for the …
Crypto-related companies are developing, and some of them may even go public. It makes sense as this way; it will be easier to convince investors to invest in their companies. In the past, crypto companies used to focus on initial coin offerings (ICO) for a number of reasons. However, the situation started to change as …
Last week one of the most famous airlines from the U.S. released the information regarding the fourth-quarter results. JetBlue Airways Corporation, stylized as JetBlue, is the sixth-largest airline in the U.S. On Thursday, JetBlue released the fourth-quarter results. This news had a positive impact on the JetBlue shares as on January 23, shares increased by …
JetBlue and its Mission to Modernize the Corporation Read More »
The coronavirus outbreak continues in China. The authorities locked down Wuhan with a population of 11 million. The government thinks that the virus originated from the city’s animal market. The virus has already killed 17 people. As the concern escalates, yuan is plunging low. So far, the dollar gained 0.36% against the offshore Chinese yuan …
China’s Virus Outbreak Caused the Yuan to Lose More than 1% Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDPLN The pair has been largely trading in the green, rising above both the 50-day and 200-day moving averages and climbing to a one-month high. The momentum appears solid for the US dollar, with …
Daily Market Charts and Analysis January 27, 2020 Read More »
European traders said that the Algerian Professional Cereal Board had bought about 400 000 tones of optional-wheat flour in a global tender closed on Tuesday. Some dealers estimated the quantity at 450 000 tons. Algeria doesn’t disclose the results of its bids. Wheat is required for shipment during two periods. The first one between March …
JetBlue is a major American low-cost airline headquartered in New York City and it is one of the largest airlines in the U.S. On Thursday, JetBlue released the fourth-quarter results. This news helped to boost JetBlue shares as on January 23, shares increased by 4.7% to $20.72 and outperformed stocks of other airlines. According to …
JetBlue’s Quarterly results and Cost-Cutting Target Read More »
Ripple’s CEO Brad Garlinghouse attended the World Economic Forum in Davos. On January 23, during his speech, he mentioned crypto companies and Initial Public Offerings. According to Garlinghouse, in the next 12 months, crypto and blockchain companies will go public. Ripple’s CEO stated his company also plans to go public. However, he did not provide …
Created by David Weil, Hunters follows a group of Nazi hunters who kill Nazi officials in 1970s New York. This group, lead by Al Pacino’s Meyer Offerman, set out to kill genocidal individuals conspiring to create a Fourth Reich. Logan Lerman’s Jonah Heidelbaum joins the Hunt after discovering his grandmother’s murder. How I Met Your …
Amazon Prime Video Teases New Releases | Wibest Broker Read More »
Swiss banks are famous around the world. People from different parts of the globe are using their services. However, the situation is changing as some wealthy savers are looking for other options. The negative interest rates are to be blamed as wealthy clients are not happy with the current situation. According to the Swiss private …
European Central Bank left its interest rates the same on Thursday. ECB rate-setters continue buying bonds, also contemplating to cut interest rates until price growth in the eurozone heads back to their goal. During the last several years, the Central Bank did not manage to keep inflation just under 2%, even though the former President, …
ECB’s Policy Remains Unchanged; Dollar Gains Against Euro Read More »
This week the outbreak of a pneumonia-causing virus once more highlighted the importance of stability for the stock markets. In the modern world, information about the illness or any other problem spreads in no time at all thanks to modern technologies. This news influenced the investor sentiment as the mysterious coronavirus infected hundreds of people …
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