Countries are trying to get rid of coal. However, China still heavily relies on coal. So, it is hard if not impossible to get rid of it in the near future. The country plans to raise the benchmark price for long-term coal contracts in 2022 after a supply scare earlier this year. To avoid such …
BTC continued to trade in a compact range and remained consistent for the last 24 hours. Some analysts are concerned that the rise in leverage in the Bitcoin futures market may precede an impending drop in prices. Others, on the contrary, believe that the current trading range will lead to further growth. Analysts point to …
Bitcoin is Vulnerable to Growing Leverage – Market Forecasts Read More »
European stocks fell on Thursday, following a drop on Wall Street late the previous session, as the new Omicron coronavirus variant fueled market volatility. The Stoxx 600 in Europe fell 0.9% as traders reacted to the first discovery of the new strain in the United States on Wednesday and a continued rise in cases in …
Before news about the Omicron COVID variant hit, CEOs seemed to have thought economic recovery was nigh. Business Roundtable’s survey revealed that most thought they would see improvements within the next six months. The primary drivers behind these hopes were growths in major areas that show how people participate in the economy. Hiring, capital investments, …
CEOs Were Optimistic About Economic Recovery Before Omicron Read More »
The Covid-19 pandemic changed the world and it is hard to underestimate its importance. It is important to learn more about its impact on the labor market. There is one term that defines the severity of the issue “The Great Resignation.” It describes the higher-than-normal quit rate of American workers in the spring as well …
The marketing technology’s global market size is logistics tech’s seven times the size. This gap is filling quickly. Martech is now a market worth $121.6 billion globally, serving a nearly $5 trillion global e-commerce market. The logistics industry is extensive and measured as a GDP percentage. Estimated Global logistics is 13% of the GDP, equal …
On Thursday, the safe-haven yen floated near a six-week high. At the same time, riskier currencies, including the rand, weakened as the new Omicron variant confirmed itself as the aggressive strain in South Africa spreading globally. Early signs suggest that the Omicron variant might be considerably more contagious than previous strains have confused financial markets …
Aussie and rand weakened as Omicron spooked investors Read More »
World’s some of the most powerful oil producers plan to meet on Wednesday to discuss how much the new Omicron Covid variant might affect energy demand. OPEC, The Organization of Petroleum Exporting Countries, led by Saudi Arabia, should hold a meeting via video conference at 1 pm., London time. On Thursday, Russia and other non-OPEC …
OPEC meetings ahead: will they change oil output policy? Read More »
Defiance ETFs release the Defiance Digital Revolution ETF this week; which chains blockchain-related firms. It will not invest directly in any cryptocurrencies; But also keeps an eye on the firms that have exposure in the industry. This is one of the first ETFs to benefit from the growing market for NFTs. The U.S. Securities and …
According to some of the virtual world’s explorers, Facebook risks avoiding the point of the metaverse and a coming shift in users’ behavior if it fails to allow digital ownership. Last month, Facebook made waves of different reactions. It did this by announcing a focus on the metaverse and modifying its name to Meta Platforms. …
On Tuesday, the euro rose on track for this year’s biggest three-day rising streak. Traders cut their short positions after Moderna’s CEO said his opinions on COVID-19 vaccines might not be effective against Omicron. Risk appetite appeared across all markets for a second day in a week. His comments strengthened expectations that the global economy …
Euro on track for the year’s biggest three-day rising streak Read More »
Oil prices recovered some of their losses on Wednesday after falling sharply on the previous trading day. Primary producers are preparing to discuss how to deal with the threat of a blow to fuel demand for Omicron variants. At 0122 GMT, US West Texas Intermediate (WTI) crude oil futures rose 78 cents, or 1.2%, to …
Omicron Variant caused oil to rise 1% before OPEC meetings Read More »
Bitcoin adjustments were particularly noticeable this year. On November 10, the most popular digital currency reached an all-time high of about $69 thousand; And then fell to about 17% to the current level. According to analysts, the current downturn has thrown markets into a pullback zone. However, in reality, the November drop was the weakest …
Bitcoin Correction is the Weakest – Santa Claus Rally Read More »
CoinLoan has announced the launch of its cryptocurrency, which is equipped with the Visa network. It offers its clients appropriate financing options. The CoinLoan card connects to a digital wallet and allows users to exchange, store, and spend crypto assets worldwide. Have access to transaction history and keep track of expenses. The card has virtual …
CoinLoan Releases Crypto Card for Storing Digital Assets Read More »
Supply chain concerns and rising inflation have dampened optimism about the global economic recovery. Advanced economies will grow at a 4.4 percent annual rate in 2022. The number went down from 5.4 percent in 2021. However, it is far ahead of the 3.2 percent contraction recorded in 2020. Moreover, the estimated growth rate for 2022 …
WhoIs Best Broker is leading Forex and Economy news Website. We provide you with the latest news and videos straight from the Financial Industry..
