It was a positive day for stocks across the Asia Pacific region, stocks saw gains ahead of the U.S. employment report for April. Let’s have a look at the Japanese stocks, that led gains among the region’s main markets. The Nikkei 225 added 2.56% to close at 20,179.09 as shares of index heavyweights Fast Retailing …
Stocks in Asia and the U.S. ahead of the Employment Report Read More »
There are many cryptocurrencies around the globe. Moreover, crypto-related events such as conferences, presentations are quite common as crypto step-by-step became part of the modern world. However, people should be careful when it comes to purchasing the tickets of any event, and the crypto conference is not an exception. On May 7, securities fraud and …
Massive Adoption Crypto Conference and Class-Action Lawsuit Read More »
The U.S. currency struggled on Friday. The dollar’s index fell by 0.1% at 99.758 against a basket of six other major currencies. According to Ebrahim Rahbari, the chief G10 FX strategist at Citi, the possibility of negative interest rates is slightly bearish for the dollar, given limited market pricing to date, as well as ongoing …
U.S. dollar lowered while Euro and Sterling soared on Friday Read More »
Oil prices dropped on Thursday. WTI futures fell 44 cents to close at US$23.55 a barrel. Brent for July contract lost 26 cents to fix at US$29.46 a barrel. Even though Saudi Aramco raised rates, the market remains overflooded after Saudi Arabia exported record amounts of crude oil in April. According to Standard Chartered Plc …
Oil prices dropped – the market remains oversupplied Read More »
The state of the British economy was far from being ideal, even before the coronavirus pandemic. However, the U.K. economy is moving towards its worst crash in more than 300 years, more precisely since 1706. This information comes from the Bank of England. According to a new forecast from the Bank of England, the British …
Clearview AI, the controversial facial recognition provider, will no longer sell its app to private companies and non-law enforcement entities. This is according to a legal filing first reported on Thursday. It will also be terminating all its contracts. This is regardless of whether the contracts are for law enforcement purposes or not, in the …
Clearview AI Stops Sale of Facial Recognition App Read More »
The Japanese yen declined slightly from a near seven-week high against the dollar on Thursday. Investors’ demand for the safe-haven yen reduced due to the optimistic reports about China. Chinese exports soared by 3.5% despite expectations of a 15.7% drop. As a result, the Chinese yuan and the Australian dollar rose. The Aussie gained 0.8% …
Japanese Yen fell due to an Optimistic Forecast about China Read More »
The coronavirus pandemic became the main topic of discussion among authorities, healthcare professionals, scientists as well as the owners of companies. It is possible to continue the list as the pandemic affected the vast majority of private and governmental organizations. It is not surprising that investors are closely monitoring the situation regarding the stocks. Importantly, …
Stocks: Beyond Meat, Slack, and Zoom are Thriving Read More »
India is home to more than 1.3 billion people and has one of the largest economies not only in Asia but around the world. However, it will take time to develop the local crypto industry. WazirX is one of the most famous local crypto exchanges in India. Interestingly, in March as well as April, the …
Crypto Exchanges, Coronavirus Pandemic, and India Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDRON The Romanian leu takes advantage of the weakening dollar and makes way for recovery. The US dollar to Romanian leu exchange rate is bound to hit its support level in the coming sessions …
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