On the first day of May, most stock markets in Asia did not work as it was a holiday. However, markets in Japan, as well as Australia, fell on May 1. Japanese stocks suffered losses at the beginning of the month. The Nikkei 225 dropped 2.84% to close at 19,619.35 as shares of Tokyo Electron …
Stocks in Asia and the U.S. at the beginning of May Read More »
The Chinese Yuan plummeted down to a one-month low against the U.S. dollar on Friday. The currency dropped down by 0.7% to 7.1350 versus the greenback in the offshore market, reaching its lowest point since April 2nd. U.S. President, Donald Trump’s, accusation to China about mishandling the outbreak of the novel coronavirus caused the Yuan’s …
Yuan declined as Trump threatened with retribution for virus Read More »
After having had its best month in years, gold was trading lower on the last day of April. Traders traded at the typical profit-taking before the end of the month, so further declines could well be expected. Jim Wyckoff, a senior analyst at Kitco, stated that economic data hadn’t reflected the true scale of the …
Gold closed on its best month in almost four years Read More »
Sygnum Bank is the first crypto bank licensed by the Swiss Financial Market Supervisory Authority (FINMA). Recently, the worlds’ first crypto bank made an important announcement. According to this announcement, from now on Ripple’s XRP tokens are available through its banking services platform. As a result, customers can access deposit as well as exchange, and …
Crypto Bank, Ripple’s XRP Tokens and New Opportunities Read More »
It is not a secret that top economies are struggling to cope with the economic impact of the coronavirus pandemic. The euro zone contracted by 3.8% in the first quarter of 2020 compared with the last three months of 2019. According to the European statistics office, the preliminary reading is at the lowest since records …
The French Economy Entered a Technical Recession Read More »
Rep. Adam Schiff sent a letter today to Google, YouTube, and Twitter. The letter urges the platforms to explicitly notify users when they’ve engaged with misinformation about the coronavirus. He wrote to Google CEO Sundar Pichai, YouTube CEO Susan Wojcicki, and Twitter CEO Jack Dorsey. He told them it’s not enough to remove or downgrade …
Rep. Adam Schiff Calls on YouTube & Twitter | Wibest Broker Read More »
The dollar fell on Thursday after the Fed announced that more monetary easing is possible. Investors fear that a fast economic recovery from the crisis won’t be the case. Still, the pandemic is receding in other countries and demand weakened for safe-haven currencies, the dollar among them. The U.S. currency was little changed at 0.9744 …
Dollar and Euro declined. What about riskier currencies? Read More »
Investors, analysts, officials, and others are closely monitoring the situation related to the coronavirus and everything connected to this virus. It is not surprising as coronavirus became the biggest challenge for the global economy. Stock markets in Asia, Europe, and around the world suffered due to the issues caused by the coronavirus pandemic. Hopefully, scientists …
Gilead Sciences, Investor Sentiment, and Markets Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDJPY The US dollar to Japanese yen exchange rate remains bearish despite the rally yesterday. As evident to today’s performance, it appears that bullish investors barely have fuel in their tanks to prevent the …
This week, the European arm of crypto exchange bitFlyer released its second annual Crypto-Confidence Index poll. According to this survey, Europeans are getting more confident regarding the future of the cryptocurrency industry amid the pandemic. The crypto exchange used Google Surveys to conduct this survey. Interestingly, 10,000 respondents across 10 European countries took part in this survey. …
Crypto Exchange bitFlyer Europe and Annual Survey Read More »
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