Google decided to shut down the mobile app, which helped internet users to plan their trips. Google trips app was a mobile application designed by Google for Android and iOS operating systems. It came to existence in September 2016. In less than three years in May 2019, Google announced that it would discontinue this application …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURTRY The pair slipped below the 200-day moving average and stayed near an upward slanting resistance line, and is now trading in ranges, although the general direction is downwards. On the euro side, Eurozone …
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Cathay Pacific Airways Ltd and owner of Hong Kong’s luxury Peninsula highlighted the impact on their business of recent protests in Hong Kong. This is after the escalating cycle of violence exhausts the outlook for the city. The anti-government protests deepened since mid-June. Millions of protestors have joined and occupied the streets of Hong Kong. …
The Walmart retail, a major US corporation, is arranging processes for a cryptocurrency and already on the starting point. On August 1, the company filed a patent for the system and method of digital coins via Blockchain. Meanwhile, Facebook is at work with its partners on enhancing the cryptocurrency Libra. News report this week indicated …
Taking the markets by surprise, the Reserve Bank of New Zealand (RBNZ) decided to cut its official cash rate (OCR) by 50 basis points. The OCR is now at 1.0%, with the 50-point cut being higher than market expectations. Meanwhile, mortgage interest rates will probably slide lower after this, even though they’re already at record …
Previously, China retaliated against the US after it let yuan drop past 7 and halted US farm purchases. As a result, the broader Asian market went south. European stocks, on the other hand, bounced back. Wall Street also edged lower in the last session as investors became more anxious over trade worries. Investors see the …
Earlier, in the forex markets, the pound-to-euro (GBP/EUR) currency pair exchange rate recovered slightly from the losses it has recorded, despite the firm German data going above expectations. The euro (EUR) was unable to have firm highs versus the sterling (GBP) amid trade war fears. Meanwhile, the GBP/EUR currency pair plunged from 1.1121 to 1.0946 …
Pound to Euro Exchange Rate Regains in the Forex Market Read More »
On the previous day, news report have indicated that analysis of support to the documents was shown by a regulator of China’s energy. It has stated and allowed the construction of 141 million tonnes of coal production capacity. All were made for a new annual coal production capacity from January to June. This is in …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. NZDJPY The pair was seen to continue its steep decline after it broke down from major support lines, sending the pair lower toward its 80-month low. New Zealand Dollar broke down following the decision …
This morning in the forex markets, despite the firm German data above expectations, the pound-to-euro (GBP/EUR) currency pair exchange rate recovered slightly from the losses it recorded the previous day. Meanwhile, the euro (EUR) was incapable of holding its highs versus the sterling (GBP) amid trade war fears. Last week’s GBP/EUR currency pair plunged from …
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In 2019, China’s government documents showed that sanctions for the new coal mine construction in China have risen. Beijing, the capital of China, anticipates the consumption of the commodity to grow in the coming years. This is true even if it is battling against smog and greenhouse gas emissions. A key part of China’s energy, …
China’s Government Favors Coal Mine and What is the Reason? Read More »
STOCK REPORT – Chinese news reverberated through various markets on Tuesday, with markets tumbling for a second day. Wall Street previously closed lower on news that China let its currency sink. Asian markets quickly followed suit after China also ditched buying US farm goods. All these new developments—or lack of progress—contributed to fears that the …
SpaceX is an aerospace company. The CEO and founder of the company are Elon Musk, who is famous for his innovative approach to cars, etc. In 17 years, this company became from a small unknown company to leaders in the aerospace industry. Elon Musk and his company transformed this industry because before governmental organizations such …
On Monday, after the close, Japan stocks were lower as shrinkage in the Paper & Pulp, Railway & Bus and Real Estate sectors drove shares lower. At the close in Tokyo, the Nikkei 225 weakened 1.74% hitting a 1-month low. The best performer on the stock exchange that was recorded on the session of the Nikkei 225 was Toyobo Co. Ltd., which gained 5.01% or …
Japan And Australian Shares Depreciate at The Stock Exchange Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDJPY The USDJPY plummeted steeply as risk aversion dominated the forex markets on Monday after China let the Chinese yuan fall below the psychologically important 7 levels. Consequently, the dollar weakened against the Japanese …
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