India is one of the most populous countries in the world. Moreover, its economy is developing and according to the PwC report by 2050 the country’s economy will become one of the largest in the world. It is not surprising that local as well as foreign investors are willing to enter the local market and …
Crypto Industry in India and Price of Crypto Miners Read More »
The world’s largest economy is struggling to deal with various problems created by the coronavirus pandemic. It is worth mentioning that before the pandemic unemployment level was low. Nevertheless, authorities in the U.S. imposed restrictions to limit the spread of the virus. It was the right decision but as officials introduced strict measures millions of …
Gold prices rebounded on Thursday despite a rise in the dollar as US yields rose. Moreover, gold has been unable to obtain refugee status, but its volatility remains high and will continue to generate volatile price action. After a larger-than-expected rise in US jobless claims, the riskiest assets unleashed. They doubled after the record levels …
Gold Up More than 1% on Unemployment Benefits in the US Read More »
On Thursday, mainland Chinese stocks strengthened their positions. Moreover, Chinese stocks recovered from earlier losses and without a doubt, it was a positive day for the stock markets. Let’s have a look at the Chinese stock indexes. The Shanghai Composite added 1.69% to about 2,780.64. At the same time, the Shenzhen composite rose 2.258% to …
Chinese Stocks Gained while Japanese Stocks Fell on April 2 Read More »
Several currencies soared on Thursday. The Australian dollar gained 0.6% to $0.6110, while the Canadian dollar rose by 0.65% to C$1.4146. The oil prices hit high as traders hoped that U.S. diplomacy would succeed in persuading top exporters like Russia and Saudi Arabia to end the price war. As a result, commodity-linked currencies, including Aussie …
Asian Currencies Fluctuate. What About the Euro and Dollar? Read More »
Crypto regulations, more precisely the implementation of crypto regulations is a serious challenge due to numerous factors. Moreover, it is hard to find comprehensive information regarding this industry and what each country is doing to address issues connected with cryptocurrencies. Several days ago, the Financial Action Task Force (FATF) released its report. As a reminder, …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURRUB With the oil market starting to bounce back, the Russian ruble is starting to take back some of the major gains of the euro. Since the last few days of February and throughout …
The coronavirus pandemic became the problem number one for the stock markets not only in Asia but across the globe. Several months ago, it was hard to imagine that, coronavirus would become the main challenge to the global economy. However, central banks in cooperation with governments are ready to do whatever it takes to avoid …
Two days ago, the Financial Action Task Force (FATF) released its report. The FATF reevaluated the United States on its compliance regarding the anti-money laundering (AML) and counter-terrorist financing (CTF) regulations. This report also contains many interesting details connected with crypto. Let’s have a look at this report to learn more about the crypto industry …
The U.S. dollar declined on Thursday after oil prices jumped by 10% and boosted commodity-linked currencies. However, the greenback still remained strong against the other major currencies thanks to its safe-haven status. The traders hoped that U.S. diplomacy would succeed in persuading top exporters Russia and Saudi Arabia to end a price war that has …
U.S. dollar declined on Thursday. What about Euro and Yen? Read More »
Apple confirmed a program for streaming video apps that lets platforms bypass the standard App Store fee. The app store charged 30% for individual purchases, such as movie downloads and TV show rentals. The company introduced the program when Amazon updated its apps to let customers make in-app purchases. At least two other providers, Altice …
Apple Lets Platforms Bypass App Store Fee | Wibest Broker Read More »
Coronavirus continues to dominate the headlines. It makes sense as this virus created so many problems for various sectors. Unfortunately, even some of the largest economies are struggling to cope with coronavirus. Moreover, the two largest economies U.S. and China are among the countries affected by the virus. Currently, the U.S. has the largest number …
Italian Government Plans to Unveil Several Stimulus Packages Read More »
Trading activity in China’s commodity markets is skyrocketing. Investors increasingly shield themselves from risk, pushing open interest and trading volumes in the futures markets to a record and multi-year levels in March. The Shanghai Futures Exchange (SHFE), known for its base metal contracts, observed an open interest volume in March at 7.3 million. Meanwhile, trading …
Investors Pressure Commodity Markets to Record High Trade Read More »
A few days ago, the Millennial trading app Robinhood faced accusation of paying clients to back out from a class action. A US District Judge denied an Emergency Motion for Temporary Restraining Order against the firm for “misleading communications.” Lawyers’ allegations revolved around a $75 goodwill credit to compensate for the firm’s losses from an …
Robinhood Wins Against Urges for Restraining Order Read More »
On Wednesday, Hong Kong-listed shares of HSBC fell 9.06%. It is worth noting that, Standard Chartered has a primary listing on the London Stock Exchange. Moreover, it has a secondary listing on the Hong Kong Stock Exchange and the National Stock Exchange of India. In April, Hong Kong-listed shares of Standard Chartered dropped 6.83%. It …
Stocks: Hong Kong-listed Shares and Financial Regulator Read More »
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