On Monday, it was the first day of trading after the Lunar New Year Holiday. Stock markets in China were closed since January 24. The first day was tough for the Chinese stocks as the coronavirus outbreak had a huge impact on the markets. The Shanghai Composite fell 7.7%. Meanwhile, the Shenzhen Component Index declined …
Looks like Google is searching to expand on its monthly service with Google Photos. For $7.99 a month, users can send you 10 automatically selected prints from your “last 30 days of photos.” Subscribers will get 4.6 pictures on matte, white cardstock with 1/8-inch borders. The service has three themes for monthly prints: “people and …
Police officers from three countries worked together to identify and neutralize a large network allegedly involved in money laundering and binary investment fund. Law enforcement officers from French Gendarmerie Nationale along with the Belgian Police and Israel Police, joined forces to solve this crime. According to the information, the investigation started in 2018. At the …
Police Forces from Belgium, France, Israel, and Crypto Read More »
On Monday, Chinese officials released the information. According to the information prepared by the National Bureau of Statistics, industrial profits fell 3.3% on an annual basis to 6.1996 trillion yuan ($897.96 billion) in 2019. For example, in the January-November period, profits declined 2.1.%. It is important to mention that it was the first full-year decline …
China’s Industrial Profits Fell For the First Time in Years Read More »
China’s stock market closed during the Lunar New Year period, but it was due to re-open last Friday. However, the re-opening date moved to Monday later. China’s Central Bank stated on Sunday that it would inject 1.2 trillion yuan of liquidity after the market’s opening. It means that the total liquidity in the banking system …
China Planned to Inject 1.2 Trillion Yuan of Liquidity Today Read More »
Commodity prices hit in China on Monday when the country reopened its exchanges after an extended Lunar New Year Holiday. Investors returned to markets restrained by fear over the impact the Coronavirus will have on-demand in the country. Chen Tong, an analyst with Tianjin-based First Futures, said that investors are leaving the market and seeking …
China’s Commodities Collapsed – Investors Leave the Market Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURUSD The pair is trading in the red in today’s trading after trading higher last week. Over in Europe, the common currency is facing tough pressure after estimates last week showed that the eurozone …
Daily Market Charts and Analysis February 03, 2020 Read More »
The crypto market continues to develop thanks to new ideas and projects. However, many banks in the U.S. as well as abroad are reluctant to work with crypto-related companies. Thus, crypto companies have to look for financial institutions willing to work with them. One such bank is Silvergate Bank from the State of California. This …
Silvergate Bank Wants to Handle Cryptocurrencies Read More »
Last week, the Coca-Cola Company released the fourth-quarter results. This information once more underlined that despite the problems, the company was able to surpass the expectations. For example, the Asia Pacific unit volume rose by 2% even though the company experienced problems in China. Moreover, sales in the U.S., as well as other parts of …
Coca-Cola’s Phenomenal Performance and Financial Results Read More »
The U.S. dollar has been oscillating during the last few weeks. Mostly it was rising due to the china virus outbreak and its status as a safe-haven asset. However, this rise changed into a downfall after the last day’s events. Fed’s message was released, which was consistent with tolerance for higher inflation. As inflation causes …
Dollar is spiraling down after the last two weeks of high Read More »
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