Fri, April 26, 2024

Day: May 18, 2020

Shares of Moderna

Shares of Moderna Surged Thanks to Vaccine Trial

An American company from Massachusetts reported the news that helped to boost its shares. According to Moderna, early-stage human trial for a coronavirus vaccine produced COVID-19 antibodies in all participants. Notably, 45 people took part in this process. The company’s shares jumped more than 17%. Participants received two doses of the potential vaccine via intramuscular …

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The Dollar remains steady as U.S.-China tensions escalate

The Dollar remains steady as U.S.-China tensions escalate

The U.S. dollar was stable on Monday. This is despite concerns about global tensions with China overshadowing improving sentiment from easing restrictions. The currency firmed slightly against the Japanese yen, at 107.25 yen per Dollar, as Japan fell into recession. Against the majority of other Asian currencies, the greenback remained steady at 100.380 after hefty …

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FalconX and pre-seed round

Cryptocurrency Trading Platform FalconX Raised $17 Million

Last week, the institutional cryptocurrency trading platform FalconX made an important announcement. According to the announcement, FalconX raised a total of $17 million in a round led by Accel. Interestingly, Accel has Facebook as well as Slack in its portfolio. Moreover, Coinbase Ventures, Fenbushi Capital, and Land Avon Ventures invested in FalconX. Furthermore, the cryptocurrency …

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One of the largest economies

Japan’s Economy Entered Recession as a Result of Q1

Japan is one of the most developed countries in the world and retains this status for decades. It has the third-largest economy around the globe. Moreover, not a very long time ago it had the second-largest behind the U.S. However, the local economy was struggling even before the coronavirus pandemic. However, the pandemic created additional …

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Silver prices up

Supply crisis pushing the silver price to 3-month high

Silver prices started to increase after Friday’s breakout session.  Phillip Streible, a chief market strategist at Blue Line Futures, said that the demand for the metal has increased while the supply has dropped. These conditions are likely to continue to push silver rates higher. May silver prices settled at $17.51 an ounce. Since late February, …

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American video conferencing services company Zoom Video Communications, Inc.'s Headquarters.

Zoom Resolves Outage Problems | Wibest Brokers

Users of videoconferencing service Zoom reported audio and video problems. Social media was flooded with posts from users reporting they were experiencing such issues. Thousands of people have reported problems with the site since 9 am, in the UK, according to the website DownDetector. The company has not yet acknowledged the outage, which came as …

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CoinMarketCap's report

Women are Transforming the Crypto Industry

The crypto industry is evolving and women are willing to take part in this process. Moreover, women are not only trading cryptocurrencies but are working as analysts, developers, etc. Also, blockchain companies founded by women have the ability to compete with companies run by men. This industry helps to dismantle gender stereotypes. Additionally, factors such …

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Market Charts and Analysis

Daily Market Charts and Analysis May 18, 2020

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDCAD The Australian dollar to Canadian dollar is gradually declining as the antipodean currency feels the strain of the looming recession and weak economic figures. To make things sweeter for bears, the stabilizing crude …

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