Concerns about tense relations between America and China and weak data from America’s economy boosted appetite for investing in the gold market. The price of the yellow metal yesterday settled at its highest level since October 2012. Gold rose 1.04 percent to $ 1,761.87 an ounce. Gold for delivery in June increased by 0.89 percent …
Gold surged to $ 1,761, the highest level since 2012 Read More »
The dollar rebounded against major currencies on Tuesday as promising results from the trial for a vaccine for coronavirus improved sentiments in the market. Riskier assets, as well as currencies linked to commodities, rallied as well. This occurred most likely because of the oil price surge forward over the last few days. Junichi Ishikawa, the …
U.S. dollar rallied due to the promising news about vaccine Read More »
On Tuesday, stocks across the Asia Pacific benefited from the news related to the potential coronavirus vaccine. South Korea’s Kospi index added 2.25% to close at 1,980.61 with shares of world-famous automaker Hyundai Motor surged 7.83%. Moreover, Japan’s Nikkei 225 ended its trading day 1.49% higher at 20,433.45 as shares of robot maker Fanuc added …
Crypto-related crimes represent a serious problem for the industry. Moreover, such cases may have a negative impact on the process of crypto adoption. Last week, hackers attacked multiple supercomputers in different parts of Europe and they wanted to use supercomputers to mine cryptocurrency. As a result, as least dozen of supercomputers in the U.K., Germany, …
Hackers Attacked Supercomputers to Mine Cryptocurrency Read More »
The coronavirus pandemic changed the economy and many companies are struggling to avoid bankruptcy. Moreover, some countries such as Poland, Belgium, Denmark, and France decided to block companies linked to offshore tax havens from coronavirus bailouts. It means that companies in the countries mentioned above won’t be able to receive money as part of the …
As exciting as the Crypto market is, it is rife with volatility and uncertainty. In some ways, this is inevitable. The first cryptocurrency, Bitcoin, only appeared in 2008. Its relative novelty means much of its function and its features have not been decided upon as of now. Much of the public is still wary when …
Self-driving cars have not fully gained the American people’s trust. This is not surprising, considering autonomous vehicles remain theoretical and elusive for most people. The self-driving cars are of a limited number. Those that are on the road today are mostly test vehicles that aren’t available to the riding public. The latest poll to affirm …
SurveyUSA and PAVE Find Americans’ Distrust in AV Technology Read More »
The British pound hit an almost two-month low on Monday due to speculation about negative interest rates. After a week of deadlocks with the EU over a post-Brexit trade deal, the sterling traded by 0.1% to $1.2091 at last. On Saturday, the Bank of England’s chief economist considered negative interest rates, causing the currency’s further …
The pound collapsed on Monday. What caused its decline? Read More »
The coronavirus pandemic caused tremendous problems for the global economy. Private as well as governmental organizations are working round the clock to address this problem. Moreover, they want to create an effective vaccine to prevent such issues in the future. The biotechnology company from the U.S. successfully conducted an early-stage human trial for a coronavirus …
Crypto companies have the potential to expand their services thanks to investors. For example, one cryptocurrency trading platform raised millions of dollars as part of a pre-seed round. The name of this trading platform is FalconX. This cryptocurrency trading platform provides the best trade execution. It provides the best available prices and minimal slippage. According …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPCHF The British pound rebounds against the Swiss franc thanks to the renewed optimism in the markets. It appears that bulls have finally regained their footing in the recent session thanks to new news …
FXCM announced a wider launch of its Stock Basket offering to its customers this Tuesday. The company has offered six stock baskets to its retail clients. The basket products are now available for trading by its users via its entities based in Australia and South Africa. Already, FXCM offers foreign exchange as well as cryptocurrency …
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