The coronavirus pandemic created a lot of problems for countries worldwide. On Tuesday, the 27 European Union governments reached an agreement over a new fiscal stimulus, but it was very hard to reach it in the first place. It took several versions to persuade all leaders. The EU plans to spend 750 billion euros ($857 …
EU Leaders Reached a Historic Agreement on Tuesday Read More »
Facebook has removed one of the largest anti-mask groups on its platform, “Unmasking America!”. It suspended the group for violating its policies against spreading misinformation about COVID-19. The public group Unmasking America! has more than 9,600 members as shown in its About section. Moreover, its description says it is “here to spread the TRUTH about …
Facebook Removes Anti-mask Group for COVID-19 Misinformation Read More »
This week, Hang Seng Indexes made an important announcement. The city’s leading compiler announced the creations of a new benchmark index. Importantly, the new benchmark index will track the 30 largest firms that trade in the city. It is worth mentioning that the Hang Seng TECH Index is expected to debut next week. Hong Kong …
Hong Kong and a New Nasdaq-Like Technology Index Read More »
Cryptocurrencies have the potential to make life easier for millions of people. However, due to various factors, the process of crypto adoption is full of challenges. Hopefully, Mastercard wants to change the situation by encouraging cryptocurrency firms to become partners. Importantly, Mastercard decided to simplify access to its Accelerate program for crypto card issuers. As …
How Mastercard Wants to Transform Crypto Industry Read More »
The dollar index stayed flat at 95.95 on Monday. Investors’ strong risk appetite kept its advance in check as the expectations of more stimulus from Europe and the United States strengthened sentiment. Democrats and Republicans pushed for their own agenda over the last week as they argued in the U.S. Congress over a new coronavirus-aid …
The U.S. dollar remained flat while the Euro skyrocketed Read More »
The Wise Network Exchange or Wisenex is an Estonian-based cryptocurrency exchange platform that allows traders to automatically buy major virtual currencies like Bitcoin, Ethereum, Litecoin, and more using a credit card or direct bank transfer.
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURBRL The euro struggles to prop itself against the Brazilian real and the trading pair is seen flirting with a critical resistance level. Prices are widely projected to turn bearish and the Brazilian real …
Recently, China approved a controversial national security law. Tensions between the U.S. and China have intensified in recent months. According to the opponents of this law, a national security law will undermine the political and legal freedoms the local population enjoyed since Britain handed the former colony to China in 1997. Interestingly, Hong Kong decided …
Hong Kong’s Stock Market and Chinese Tech Companies Read More »
The Euro pulled back after surging forward to a 19-week high of $1.1467 on Monday. EU summit chairman, Charles Michel, stated that a recovery fund to revive economies hit by the coronavirus pandemic could contain 390 billion euros in grants. This news caused the Euro’s rally. After three days of discussions, EU leaders have made …
The Euro rallied as EU discussed new Covid-19 recovery fund Read More »
The American multinational financial services corporation is reaching out to cryptocurrency firms. Mastercard would like to encourage them to apply to become partners as part of its cryptocurrency card program. Mastercard made the decision to simplify access to its Accelerate program for crypto card issuers. Importantly, companies have the opportunity to join this program in …
Mastercard, Cryptocurrency Firms, and Accelerate Program Read More »
The world’s third-largest economy is struggling to cope with the economic impact of the coronavirus pandemic. Unfortunately, Japan’s exports dropped at a double-digit pace for the fourth month in a row in June. Moreover, the country fell into recession for the first time in 4-1/2 years in the first quarter of 2020. Also, Japan is …
Japan’s Exports Fell for the Fourth Month in a Row Read More »
Azerbaijani officials warned that an escalating military clash between the country with rival neighbor Armenia could interrupt oil and gas flows from the Caucasus region to Western European markets. Deadly fighting broke out last week, near the contested enclave of Nagorno-Karabakh. The region is the strategic point of Azerbaijan’s and Turkey’s energy economy. It is …
Azerbaijan-Armenia conflict sparks fear of oil and gas flow Read More »
About 8 Twitter profiles had their private direct messages downloaded during the biggest hack in the firm’s history to date. Accounts taken to hold a Bitcoin-related attack included those from President Barack Obama, Tesla CEO Elon Musk, and Kanye West. Other famous victims included presidential candidate Joe Biden, Amazon CEO Jeff Bezos, and Apple. The …
Largest Twitter Hack in History Steals 8 Profiles’ DMs Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDCNH The Chinese yuan continues to advance against the US dollar as the Chinese economy gradually recovers. The USDCNH trading pair’s prices are widely predicted to remain bearish and possibly reach its support level …
The euro remained mostly steady at $1.1386 on Friday. However, it edged up against the British pound at 90.62 pence. The euro increased due to the hopes that European officials would agree on fiscal stimulus measures at a new meeting. On the other hand, the Sterling changed insignificantly at $1.2569. Meanwhile, the U.S. dollar traded …
Euro and Sterling were mostly steady while Dollar gained Read More »
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