Investors are closely watching the situation as they want to learn more about the Covid-19’s impact on the global economy. Interestingly, several of last year’s 159 initial public offerings (IPO), including highly volatile stocks such as Slack, Beyond Meat, and Zoom rose in 2020. Let’s have look at some of them to learn more why …
Japanese financial services firm, Monex Group Inc., reported strong earnings on Thursday. These results were generated by its brokerage arm Monex Inc. for the fiscal year ending on March 31. The company revealed that its wholly-owned subsidiary generated a profit of ¥1.66 billion ($15.6 million). It ended considerably higher than 2019’s ¥688 million. The forex …
Weekly data on the US economy hasn’t been positive. The depth of the coronavirus crisis influences the country’s economy. In the previous session, gold prices declined by 1%. Today, they faced an increase. The price of an ounce of gold rose 0.33 percent to $1,691 and 35 cents in live trading today. Gold for delivery …
Gold prices rise on new rounds of US unemployment data Read More »
India has a lucrative market. It is not surprising that local as well as foreign investors are willing to invest in India. The cryptocurrency exchange dubbed BitPolo went live on May 6. This new fiat-crypto exchange was founded in March. Importantly, in March 2020 the country’s Supreme Court ruled against the central bank’s moratorium on …
New Fiat-Crypto Exchange BitPolo and Veteran Exchange WazirX Read More »
The Euro climbed up slightly after three days of selling on Thursday. It rose to $1.0808, near to the week-and-a-half lows hit a day earlier around $1.0782. Euro has lost more than 1.5% this week. Traders are cautious as a German court ruling is scheduled this week. The European Central Bank’s stimulus scheme partially depends …
Euro slightly recovered while Sterling hit high on Thursday Read More »
Movie theaters across the country are closed due to the lockdowns. But some are seeing an upturn in the wake of social distancing practices. Tribeca, IMAX, and AT&T will be launching a summer movie series to drive-in community theater businesses in the US. Tribeca Enterprises, the company behind the Tribeca Film Festival, has announced on …
Tribeca, AT&T, IMAX on Community Theater Drive-Ins Read More »
On May 7, the General Administration of Customs released the information. According to this data, China’s dollar-denominated exports in April surpassed expectations. Moreover, compared with the same period in 2019, exports rose by 3.5% in April of this year. At the same imports fell by 14.2 in the same period. As stated above, exports surpassed …
China’s Dollar-Denominated Exports Surpassed Expectations Read More »
The Chinese yuan climbed up on Wednesday, after falling to a month-low 7.0885 per dollar. A few days ago, the U.S. President Donald Trump declared that China is guilty of the coronavirus outbreak. His comments included a threat of fresh tariffs on Chinese goods. Investors are awaiting a response from Beijing and avoiding sharp moves. …
Chinese Yuan edged up, while the Euro collapsed on Wednesday Read More »
The coronavirus pandemic and how to deal with it is the main challenge across the world. Authorities, researchers, healthcare professionals are working round the clock to create an effective vaccine. Stocks across Asia strengthened their position on Wednesday. For example, South Korea’s Kospi index gained 1.76% to close at 1,928.76 as shares of automaker Hyundai …
South Korean Stocks Strengthened Their Positions Read More »
The Netherlands is one of the most developed countries in Europe. However, crypto companies are struggling to adapt to the new reality, as the central bank wants to quickly enforce Dutch anti-money laundering (AML) laws. The Dutch parliament approved AML laws in April. The Dutch parliament passed AML laws to comply with the European Union’s …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDNZD Bullish investors of the AUDNZD trading pair are holding on to the momentum and are eyeing the pair’s resistance which currently stands on levels last seen in November 2019. Looking at the chart, …
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