The US dollar index and its index futures slipped moments before the highly anticipated release of the NFP report. Despite the dollar’s slip up, traders are expecting the August jobs report to come out strong. Economist forecasts an increase of 160,000 in employment for last month. However, temporary jobs from the U.S. census could leave …
News from the US-China trade war caused the Japanese yen exchange rate to fall in yesterday’s trading. The Japanese Yen Contract recorded a loss of 0.37%, or 0.000035 points, in Thursday’s trading. The CNY to JPY trading pair went up by 0.51% or 0.0759 points, hitting ranges between ¥14.8790 and ¥14.9720 in sessions. While the …
Political turmoil in Hong Kong started several months ago. This happened at a time when the global economy was slowing down. Another reason is the ongoing trade war between the U.S. and China. These two reasons created problems for the stock markets and the global economy in general. The trade war affected the stock markets …
The trade war between the U.S. and China is one most serious threat to the global economy. At a time when the global economy is slowing down, the trade dispute is further escalating the situation. The trade war started in 2018. However, no one knows when it will end. This might happen in several weeks …
Samsung Electronics Co. Ltd. will launch the Galaxy Fold tomorrow in South Korea. The new unit will be the first-ever foldable smartphone and the first device to offer 5G in the country. The Galaxy Fold will be priced at $1,97747 or ₩2.398 million in stores across South Korea. Despite making headlines today, the Samsung Galaxy …
Samsung Launches New Unit at $2,000 Tomorrow | Wibest Read More »
The Japanese yen exchange rate sinks in today’s session as the situation between the United States and China trade war eases. Forex traders felt a sign of relieve as investors turn more optimistic for the outcome of the trade dispute. The Japanese Yen Contract slipped by 0.05% or 0.000005 points in trading sessions. The …
The US Defense Department will pull billions of its funds to help fund US President Donald Trump’s controversial project. The money will come out from over 120 projects of the department, including daycare centers for military families. The Pentagon announced on Wednesday that it will be diverting a massive $3.6billion to Trump’s cause. On Tuesday, …
The British pound sterling had an impressive run in yesterday’s session as it gained support from UK lawmakers. The UK currency had a rough start this week, but Wednesday’s rally gave sterling traders a much-needed tap in the back. The pound recorded strong rallies that have not been seen by its traders for a long …
Hong Kong is one of the main business hubs in the world. Political crisis in Hong Kong is a severe problem for the region as it hurts the local economy. Hopefully, Hong Kong’s government made the decision to withdraw the extrusion law. This movement started when Hong Kong’s government introduced an extradition law. Stock market …
U.S. and European stock markets reacted to the news that Hong Kong’s government decided to withdraw the bill. This was important not only for the citizens of Hong Kong but for the global economy. Hong Kong is one of the main business hubs in the world. The protests started when Hong Kong’s government introduced an …
Social media giant, Facebook.com, announced yesterday that it’s opening its facial recognition features for all users. The opening of the new feature deems the end of the classic “tag suggestions” option of the site. The face recognition of Fb has an option for users to disable and enable, according to their statement. “Tag suggestions” gave …
The pound sterling enters positive territories in today’s trading after UK lawmakers won the bid to block a harsh Brexit. The UK currency, which lost its footing on previous trading sessions, got its much-needed boost from the positive Brexit news. The sterling rallied against other major currencies in Wednesday’s session as traders regained their confidence …
The Lebanese government is set to declare a state of emergency for their country’s economy. Lebanon’s plan will trigger or start acceleration reforms to support the faltering Lebanese economy. The nation’s prime minister, Saad Hariri, emphasized the vitality of lessening to the country’s deficits to local media on Monday. Hariri’s media appearance came after a …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDCAD The pair is expected to continue its upward movement in the following days and to retest a downtrend resistance line. It’s a critical month for Canadian Prime Minister Justine Trudeau as he seeks …
Daily Market Charts and Analysis September 4, 2019 Read More »
The Swiss National Bank unveiled on Tuesday the latest 100 Swiss Franc note. The new hundred-franc bill will enter the nation’s monetary circulation on September 12. The new bill features a design of a channel carrying water down from a mountain. The design follows the trend of the first released bills for the 10, 20, …
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