Forex is the largest as well as the most liquid market in the world. It is not surprising that many people ask themselves if becoming a forex trader is worth it. Owing to its high volatility, 24/7 schedule, and easy accessibility it has emerged as a popular career, especially for people with a financial background. …
Is Forex Trading Worth it? The Things You Need to Know Read More »
Oil was falling Tuesday morning in Asia, extending Monday’s declines as the fragile state of the global economic recovery from coronavirus influences the fuel demand outlook. Brent oil futures dropped 0.77% to $70.94 by 11:38 PM ET (3:38 AM GMT), but remained over the $70-mark. WTI futures were falling 0.74% to $68.72. Trade data from …
The Seoul Stock Exchange fell slightly today. The Kospi, its main indicator, showed a 0.13% decline in a day. The South Korean selective lost 4.29 points on Tuesday to stand at 3,247.83 units. Meanwhile, the Kosdaq technology stock index gained 0.03%, or 0.26 points, to close at 986.12 units. The Kospi became positive during the …
British company Arqit is preparing businesses and governments for quantum computers. It considers it the next significant threat to its cyber defenses. Companies like Google, Microsoft, and IBM, believe in the future of quantum computing, which will arrive in the next decade. It could be disturbing news for cybersecurity organizations. David Williams, Arqit’s president, stated …
Bank of America CEO Brian Moynihan thinks that the United States is starting to win the war against coronavirus. In addition, he believes that the economy is reaching pre-pandemic levels. The economy contracted considerably during the pandemic, declining by about 3.5%. Remarkably, more than 400,000 small businesses closed, and some Americans had to rely on …
The U.S. economy is reaching pre-pandemic levels Read More »
World shares were rangebound, and trading just above the record highs on Monday. Markets considered Friday’s unexpected U.S. jobs report and a global tax deal within the G7 group of countries while also looking forward to inflation data due this week. Investors were cautious about how shares of major tech firms would respond to the …
China’s trade with the rest of the world increased by 26.9% year-on-year in May. However, such good data did not prevent the benchmark index of the Hong Kong Stock Exchange from closing today with a loss of 0.45%. Although the year-on-year data for Chinese trade is positive, imports from the Asian country registered a fall …
MA video on YouTube purporting to be from the hacker organization Anonymous targeting Tesla and SpaceX CEO Elon Musk The video says that Musk’s tweets disrupted the cryptocurrency market and had “destroyed the lives of hardworking people.” The video members have the nature and name of the decentralized hacker organization. It is impossible to be …
Anonymous hackers target Elon Musk as he “destroyed” crypto Read More »
On Thursday, U.S. President Joe Biden signed an executive order expanding a Trump-era list of Chinese firms blacklisted for their alleged ties to the country’s military. An executive order Biden signed brings to 59 the total number of Chinese companies banned from receiving American investment. Meanwhile, it shows how his administration continues some of the …
Joe Biden tightens ban on U.S. investments in China Read More »
Every year, Apple starts its Worldwide Developers Conference focused on its hardware and software news. The company will present the following products with greater probability: iOS 15 The next version of Apple’s mobile operating system will once again take all the spotlight. Among the rumored additions, better notification management stands out. We can set preferences …
What will Apple present at its conference on June 7? Read More »
The Southeast Asian stock markets closed the week’s last session with most falls, except for Vietnam and the Philippines. Investors are pending US employment data and the Fed chairman’s conference. The Ho Chi Minh stock market was the one that rose the most. It consolidated its upward trend in recent days, while all the decreases …
Southeast Asian stocks closed with the majority of decreases Read More »
The U.S. dollar settled at multi-week highs on June 4, after notching up its biggest gains in about a month following robust jobs data. The U.S. jobs data threw investors’ focus on the strength of the U.S. recovery as well as the chance of policy tightening. The next test comes later on Friday, when U.S. …
U.S. Dollar Once More Demonstrated its Strength on June 4 Read More »
Coinbase announced that users would start trading Dogecoin on its more advanced trading platform Coinbase Pro from noon, June 3. It’s no surprise that Coinbase Pro decided to add fans’ favorite cryptocurrency to its trading lineup. At some point last month, before Elon Musk’s SNL showed up, a Dogecoin was worth $0.63. Musk called himself …
Dogecoin price rises after Coinbase adds it on Coinbase Pro Read More »
As part of an infrastructure renovation project, the city of Uberlandia in Brazil has connected 22,000 street lights in a centralized control model, making the city even smarter. The fourth-largest city in Brazil is now Telensa street lighting system provider. The city officials have collaborated to create a unique urban project to run. The project …
Europe doesn’t seem likely to reduce its dependency on Russian energy any time soon. The much-discussed construction of the Nord Stream 2 natural gas pipeline, linking Russia with Germany via the Baltic Sea, is now almost completed, with just 100 kilometers left to build. Remarkably, signs suggest Moscow and Washington won’t allow the issue to …
Nord Stream 2 natural gas pipeline is almost completed Read More »
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