This week, Tencent released information for the second quarter of 2020. As a reminder, the Chinese tech giant is the owner of WeChat. It is worth mentioning that, U.S. President Donald Trump signed an executive order that prohibits any transaction related to WeChat. The executive order comes into effect in September. However, analysts don’t think …
Tencent Holdings Ltd. is a famous company based in Shenzhen, China. On Wednesday, the Chinese tech giant reported results for the second quarter of this year. Notably, results surpassed expectations. Tencent is the owner of WeChat, a very popular messaging app. Last week, U.S. President Donald Trump signed an executive order that prohibits any transaction …
Chinese Tech Giant Tencent and its Second-Quarter Earnings Read More »
People all over the world have at least some knowledge regarding the U.S.-China trade tensions. However, relations between the U.S. and the European Union (EU) are also quite complicated. The U.S. government decided to maintain 15% tariffs on Airbus aircraft and 25% tariffs on other European goods. Importantly, the EU tried to resolve a long-term …
U.S. Government Decided to Maintain 15% on Airbus Aircraft Read More »
On Wednesday, stocks in the Asia Pacific reacted to the news connected with the coronavirus pandemic and its vaccine. Mainland Chinese stocks recovered slightly from earlier losses. The Shanghai Composite fell 0.63% to 3,319.27. In the meantime, the Shenzhen Composite dropped 1.26% to 2,215.12. Moreover, the Shenzhen Component fell 1.17% to end its trading day …
One of the biggest Fintechs in Europe and a crypto-trading app tripled its losses in 2019. Revolut was founded in 2015. The company posted a total loss of more than 106 million British pounds ($139 million). It is worth noting that its losses more than tripled despite growth in revenue as well as new customers. …
London-based Fintech Company Revolut and Interesting Details Read More »
As a rookie, trying to start actively trading, you might have a lot of simple questions regarding the forex market. One of these questions is where does the money come from in Forex. Let’s learn some important things about how the Forex trading market works and where the profit and market liquidity come from. Where …
Two days ago, the 30-stock Dow Jones Industrial Average gained about 350 points in regular trading. Importantly, it was the seventh positive session in a row. Furthermore, it was the longest winning streak since September 2019. Also, the S&P 500 advanced by 0.2%. However, Nasdaq dropped 0.4% as investors rotated out of some of the …
The U.K. has one of the largest economies in the world. However, the economy of the U.K. contracted by 20.4% in the second quarter of the year compared to the previous three months. Interestingly, gross domestic product (GDP) expanded by 8.7% during the first month of summer. In May, GDP expanded by 1.8%. As a …
There is not much to explain in terms of what Forex or CDFs mean; Forex stands for Foreign Exchange, and CFD means Contract for Difference. These are the investment options that are most popular amongst traders. They both have desirable benefits, but there is no right answer to which one is better. We are going …
On Friday, Hong Kong’s Hang Seng index led losses among the major markets in the region, as the index dropped 1.6% to 24,531.62. It is worth mentioning that, shares of Chinese tech giants listed on the Hong Kong Stock Exchange fell on August 7. For example, shares of the Chinese tech giant Tencent fell 5.04%. …
Shares of Major Asian Companies and Risk Factors Read More »
Tensions between the U.S. and China continue to affect stocks. It is not surprising as the U.S. has the largest economy in the world, followed by China. Two days ago, the U.S. Secretary of State Mike Pompeo made a comment. According to his comment Donald Trump’s administration wants to ban untrusted Chinese apps such as …
How U.S.-China Tensions Affected Investor Sentiment Read More »
People all over the world have at least some knowledge about the Walt Disney Company, commonly known as Disney. The coronavirus pandemic created certain problems for the company. On Tuesday, the company reported mixed earnings for its third fiscal quarter. Unfortunately, as in the case of many famous companies, the company also struggled to deal …
When choosing which market to invest in, traders look for optimal trading conditions and the best chance of making a profit. Millions of traders around worldwide choose the forex market because they believe it meets these criteria. If you are wondering why you should trade Forex, here are the top benefits that will drag you into …
You’ve probably already delved into the world of cryptocurrencies if you are reading about Ethereum. Next to Bitcoin, this cryptocurrency is one of the most stable and desired on the stock market. You can easily trade it around the globe. We are here to give you the Ethereum 101, from what it is, to tips …
You have probably wondered about lots of things regarding the forex market. Where is Forex located precisely? It is a place, but does it have a physical side, or is it decentralized or not? Transactions are going on 24 a day, 5 days a week, and that’s what makes it so unique. Everyone around the …
Where is Forex located? Is it decentralized or not? Read More »
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