As Washington and Tehran exchange threats, safe-haven assets in the forex market are still struggling to rally. Both the Japanese yen and Swiss franc aren’t surging as traders would initially expect due to the rising tension. The US dollar isn’t also rallying in sessions. Instead, traders tune their focus on the precious yellow metal, gold. …
Washington, Tehran’s War Fails to Buoy Safe-Haven Currencies Read More »
Japan has the world’s largest economy; there was a time when its economy was bigger than China’s economy. However, the last year was not that good for this country. In 2019, its economy struggled because of internal and external factors. Exports declined and this is no small problem for the country which has an export-oriented …
South Korean technology giant Samsung revealed modest versions of its flagship smartphone with Galaxy 10 Lite and Note 10 Lite. The company’s statement earlier this week barely revealed any details, other than their similarities and similarities to other devices. Both devices have a 6.7-inch, 2400 x 1800 AMOLED screens with thin bezels and a cutout …
Ethereum is the second-largest cryptocurrency in terms of market capitalization after Bitcoin. Ethereum had a solid year, despite the problems connected with its price. However, there is a chance that Ethereum’s price will increase in 2020. It is worth mentioning that Ethereum’s ecosystem continued to expand in 2019. Last year, 4 million new active addresses …
As the rift between the United States and Iran starts to heat up, oil and petroleum products hike in trading. Over the weekend, both powerhouses exchanged threats that stirred concern in the markets. Some assets benefited from the brewing tension including safe-haven assets, oil, and petroleum products. But shares suffered a significant hit from …
Oil and Petroleum Products Surge, War Concerns Escalate Read More »
As 2019 came to an end several days ago, the time has come to have a look at the market for initial public offering (IPO). Some people may think that the market was bad. However, on the contrary, it performed better than some thought it did for a few factors. Several major IPO’s failed to …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDTRY The uptrend for the pair is still intact despite the sudden pullback on December 26, and although it appears that gains will be limited for the time being, the upward trajectory seems to …
Daily Market Charts and Analysis January 06, 2020 Read More »
The Chinese central bank announced that it would trim down a portion of deposits in commercial banks earlier this week. This means the required volume of cash in banks in China will diminish, pumping more cash the country’s economy. The move will release billions and billions of dollars in Beijing’s financial system. It will …
The California Consumer Privacy Act (CCPA) essentially requires companies to disclose what data is sold to who. This consumer privacy law forces them to let users opt out of having their information sold to third party buyers. Although this doesn’t stop the data collection itself, users can choose to prevent firms to stop information selling. …
The California Consumer Privacy Act in 2020 | Wibest Broker Read More »
It is no secret that the U.S. has the largest economy in the world. However, for the first time in U.S. history, a decade ended without a recession. Current economic expansion defied that trend for the first time in 170 years. The last time when the U.S. economy fell into a recession was a period …
Cryptocurrencies became more popular around the world. However, the lack of regulations and clarity regarding the future of crypto markets created many problems. India is home to more than 1.2 billion people. It has a huge potential when it comes to embracing this emerging technology. However, Indian officials are reluctant to support the crypto market. …
Oil petroleum prices jump by almost three percent in today’s trading sessions, thanks to the Middle East conflict. In previous sessions, the trade war between China and the United States drove crude prices in every direction. WTI crude oil or West Texas Intermediate futures jumped 2.80% or 1.71 points this Friday’s trading sessions. WTI …
Oil Petroleum Prices Jump as Middle East Tensions Tighten Read More »
The U.S. has the largest economy in the world. Moreover, current economic expansion and low unemployment levels helped to drive the economy. The U.S. stock market significantly outperformed all other equity markets. The U.S. tech sector is the main contributor to FAANG companies (Facebook, Amazon, Apple, Netflix, and Google). Additionally, the widespread adoption of new …
On the second day of 2020, the greenback measured 96.215 against a basket of currencies following a six-month low. This was a slight recovery after its 1% loss over the past week against the sterling and commodities currencies. The Chinese freed up over $110 billion in liquidity for the domestic banking system after Beijing loosened …
The Greenback: To Rise or To Fall? | Wibest Broker Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. AUDCHF The AUDCHF currency pair is still chopping sideways, kicking off 2020 with a rather tight start as both the Australian dollar and Swiss franc gain strength from a plethora of factors. Over in …
Daily Market Charts and Analysis January 03, 2020 Read More »
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