Stocks across Asia are struggling to deal with the current situation. Markets in many Asian countries declined on Monday. However, mainland Chinese stocks were able to recover from their earlier slip and strengthened their positions. For example, the Shanghai composite gained 0.51% to about 2,890.48. Meanwhile, another stock index, which is the Shenzhen component also …
Markets in Asia are Struggling Due to Uncertainty Read More »
Over the past few days, gold prices rose sharply. But gold and silver prices dropped today, following muted global cues and a moderately higher rupee. The precious metal futures saw their first slump in three days. On MCX, April gold futures dropped 0.1% to ₹40,605 per 10 gram. Silver also decreased 0.19% to ₹46,130 per …
The current President of Ukraine, Volodymir Zelensky, country’s government along with parliament, are working hard to make the country more crypto-friendly. Last week, the country’s Ministry of Digital Transformation published a manifesto connected with this topic. This manifesto is helpful as this ministry is responsible for the digitization of Ukraine’s economy. Consequently, the information provided …
Ukraine’s Ministry of Digital Transformation and Crypto Read More »
Puerto Rico is part of the U.S. since the 19th century. On Sunday, the federally appointed oversight board in charge of Puerto Rico’s debt restructuring made an announcement. The board was able to reach an agreement with bondholders of around $35 billion. This is a lot of money as it accounts for nearly 50% of …
The U.S. dollar rallies again after the short downfall, caused by the unclear data. After the coronavirus outbreak, the dollar became one of the most sought-after safe-haven currencies and subsequently hit high along with the Japanese Yen. It seems that new job market data set it off to the latest high records. The data was …
Dollar Continues to Rise; What Caused its Current Rally? Read More »
The Australian dollar and the Chinese Yuan rose during the last days. They started to climb up after Beijing announced that it would half tariffs on some U.S. imports. China also noted that it wants to work with the U.S. to eliminate tariff increases in the future. This news dispelled the fear of the coronavirus’s …
The Australian Dollar and the Chinese Yuan are Rising Read More »
Just a few weeks before MWC Barcelona, the GSMA issues safety measurements around coronavirus concerns. Backouts from several giants lead the organizers to include a ban of visitors from the province of Hubei. Wuhan, the capital of the said province, is believed to be the epidemic’s origin. GSMA CEO John Hoffman prohibited access from everyone …
MWC Barcelona vs. the Coronavirus | Wibest Broker Read More »
Warner Music Group Inc. is one of the so-called “big three” recording companies along with Universal Music Group and Sony Music Entertainment. It is the third-largest recording company in the music industry. The world-famous conglomerate operates in more than 50 countries. Recently, Warner Music filed a statement for a proposed initial public offering (IPO) of …
Cryptocurrencies became more popular as more people are willing to invest in various crypto-related projects. Moreover, even central banks decided to learn more about this emerging technology. Japan is a technologically advanced country. Thus, it has the opportunity to develop its national crypto currency. Last week, Japanese lawmakers submitted a proposal to the Japanese government. …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDBRL The pair trades further up the daily chart today after rising steeply last week, when Brazil’s central bank decided to cut interest rates by 25 basis points to 4.25%, which the market expected. …
Daily Market Charts and Analysis February 10, 2020 Read More »
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