On Monday, mainland Chinese stocks experienced serious problems due to the coronavirus outbreak. It was the first day of trading after an extended Lunar New Year Holiday. Chinese indexes fell by more than 7%. It was the worst day for stock indexes in years. Hopefully, on Tuesday, Chinese stocks started to recover after sustaining huge …
Stocks in China, Japan, and South Korea Recovered on Tuesday Read More »
Oil futures ended sharply lower on Monday. The prices hit their lowest settlement in more than a year. All as a result of fears of declining demand in China, the biggest oil importer in the world. Brent crude scored $54, and WTI crude $49.99 on Monday. The rapid spread of the virus and the precautionary …
Crypto crimes continue to rise as more and more people are using cryptocurrencies for illegal activities. Recently, the hacker group called Maze compromised five U.S. law firms and demanded two 100 Bitcoin ransoms from each firm. The first one to restore access to the data and the second one to delete their copy instead of …
The U.S. dollar is rising again after the short fallout during the last days. The downfall followed the release of the new data about the slowest annual growth during the previous three years. But it seems key U.S. manufacturing survey managed to recover unexpectedly. Meanwhile, the Chinese yuan and Australian dollar remained subdued due to …
U.S. Dollar soared, What caused the sudden turnaround? Read More »
Hong Kong is one of the main major financial hubs in the world. However, violent protests, as well as protracted trade war, affected the local economy. The result was the first recession for the first time in a decade in 2019. Moreover, the coronavirus outbreak is another serious challenge for the economy. On Monday, officials …
Hong Kong’s economy and the Risk of Coronavirus Outbreak Read More »
Commodities such as oil, natural gas, gold, and others play a very important role in daily life. Let’s define the meaning of commodity; it is a raw material or agricultural products in commerce that is interchangeable with other commodities. This article will help to learn more about commodity markets and exchanges. It is important to …
According to Leslie Miller, YouTube vice president of government affairs and public policy, the platform will remove politically misleading videos. These technically manipulated or edited to mislead YouTube subscribers may pose a “serious risk of egregious harm.” Policies on malicious and slander by deed are new, but only brought up again in hopes of stopping …
YouTube Steps Up Against Misinfo at Pre-Elections Read More »
The people’s Republic of China has the second-largest economy in the world after the U.S. However; the economy continues to slow down due to internal and external factors. In this situation, the coronavirus outbreak may cause serious problems for the economy. Yesterday it was the first day of trading for the Chinese stocks. Two days …
Mainland Chinese Stocks and People’s Bank of China Read More »
Online broker firm Interactive Brokers announced higher earnings in January 2020 compared to December 2019. This feat set a two-year record for its Daily Average Revenue Trades. January 2020 DARTs saw a 32 percent rise at 1,019,000 as the highest figure since February 2018 with 771,000. The firm also saw a 20 percent increase in …
Interactive Brokers Set a Two-Year High | Wibest Broker Read More »
China’s economy is tumbling down due to the coronavirus outbreak. Stocks are falling, while investors are moving on to safe-haven assets. Chinese authorities are trying to reduce the panic on the market. They are concerned that if fear isn’t alleviated, China could end up completely isolated. The airlines are already suspending flights, and other governments …
CSRC issued several ways to help companies during epidemy Read More »
Crimes related to cryptocurrencies represents a serious challenge for the law enforcement agencies in Europe and other parts of the world. One example of how people are using Bitcoin and other cryptocurrencies for illegal activities comes from France, Belgium, and Israel. French Gendarmerie Nationale, along with the Belgian Police and Israel Police, joined forces to …
International Investments Scam, 85 Victims and Bitcoin Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURCAD The jumped high in the previous session, rising greatly above the 50-day moving average and creeping closer to the 200-day MA, which could serve as a resistance level for the pair to correct …
Daily Market Charts and Analysis February 04, 2020 Read More »
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