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Finance: Asian Shares Boosted by Chinese Data Backing

Leave a Comment / News, Stock Markets / By John Marley

On Monday, the world’s second-biggest economy is seen to be stabilizing a ramped-up stimulus from Beijing after encouraging Chinese data. Also, Investors were reassured while Asian shares progressed. Last year, the growth of the second quarter economy decreased to 6.2%. A separate data showed the country’s industrial production and retail sales which finance records conveniently …

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Wibest – Currency: Dollar, Yuan and Euro notes.

Currency: Yuan, Euro Rises, Dollar Slips amid China’s Data

Leave a Comment / Forex, News / By John Marley

After the better-than-predicted economic data out of China easing concerns over the global economic slowdown. The dollar weakened versus the euro and yuan on Monday in Europe. According to the official data released, since quarterly records began, China’s economy grew at the slowest pace from three months to June. Last year, the gross domestic product …

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Daily Market Charts and Analysis July 15, 2019

Leave a Comment / Charts & Analysis / By John Marley

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDDKK The pair will continue to move lower in the following days after it was whipsawed during its breakout from its resistance line and broke down from 50 MA. Denmark recently elected Mette Frederiksen …

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Wibest – Oil and Petroleum: Crude oil workers at work

Crude Oil and Petroleum Prices Slips Against OPEC’s Cuts

Leave a Comment / Commodities, News / By John Marley

Oil and Petroleum prices fall after the IEA or International Energy Agency said that they expect a rise in oil supplies by 2020. The Organization of Petroleum Exporting Countries, otherwise known as OPEC, has agreed during their meeting in Vienna, Austria to cut production until March 2020. The United States Crude Oil WTI futures declined …

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Libra Tech: An Introduction to Facebook’s Cryptocurrency

1 Comment / Cryptocurrencies / By John Marley

Libra is supported with real, cold hard assets. Unlike most famous cryptocurrencies such as Bitcoin, Litecoin, Ethereum, etc. It’s hypothetically a “stable coin.” It means it’s worth is connected to a basket of diversified global currencies and low-risk bonds, providing a lower bound, or floor, on price levels. For years of successful currencies, with this …

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Amazon.com is planning to retrain its employees

Leave a Comment / Technology / By John Marley

Amazon.com Inc. is the largest internet company by revenue in the world. Also, its workforce is the second largest in the United States. It is important to keep in mind these figures when talking about amazon.com. The company unveiled an ambitious plan to retrain 100,000 of its U.S. employees by 2025 to better prepare for …

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Oil prices rise as tensions in the Persian Gulf continues

Leave a Comment / Commodities, News / By John Marley

Crude oil prices are currently getting support from demand concerns as tensions in the Persian Gulf region continues to brew. The West Texas Intermediate crude oil futures inched 0.08 points or 0.13%. Crude oil barrels currently trade at $60.28, compared to its previous close of $60.20. Brent oil futures, the benchmark for oil prices outside …

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Wibest – US dollar with blurry dollar background.

CPI: Dollar Firm as U.S. Inflation Edges

Leave a Comment / Forex, News / By John Marley

The toughened U.S. inflation data and the aggressive outlook of Federal Reserve regarding the interest rate cut have recovered the dollar, which gained some traction against other currencies later this month. Meanwhile, the dollar was steady on Friday. In June, the leading U.S. consumer price index gained 0.3% apart from food and energy components. On …

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Wibest – US dollar banknotes face up to Chinese Yuan banknotes.

Stock Exchanges: No Stable Movements amid China’s Data

Leave a Comment / News, Stock Markets / By John Marley

This month, worries increased over as investors expect the Federal Reserve to rate cut and wait for China’s trade, lending, and growth data. Besides, the Asian shares went between small losses and gains on Friday. The anticipation was for European equities to open higher. Meanwhile, in Asian markets, an expected Fed cut did little to …

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Wibest – British Prime Minister: The Union Jack and the Big Ben

British Prime Minister Candidate Vows to Aid Farmers

Leave a Comment / Economy, News / By John Marley

The candidate for British Prime Minister, Boris Johnson, said that he pledges to give support to farmers and the agricultural sector in case of a no-deal Brexit break. The British politician reportedly released an opinion in a leadership campaign event. He said he will do his part if Europe decides to enforce tariffs on agricultural …

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Daily Market Charts and Analysis July 12, 2019

Leave a Comment / Charts & Analysis / By John Marley

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURGBP The pair is moving up the trading channel is established in late April, having broken a resistance line and now approaching another resistance level. Bullish signals are all over the place, with the …

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Super close up macro image of American one hundred dollar bill.

The Federal Reserve: Dollar Falls on Fed’s Hint

Leave a Comment / Forex, News / By John Marley

The Federal Reserve Chairman Jerome Powell dropped the most definite hint about the central bank on the next policy meeting about cutting interest rates at the end of the month. Meanwhile, the dollar was weaker in the early trading in Europe on Thursday as the losses were extended. Recovering from an overnight low of 96.463, …

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The Federal Reserve: Asian Stocks Rise, Dollar Drops

Leave a Comment / News, Stock Markets / By John Marley

On Thursday, after prospects of a U.S. interest rate cut were reinforced by Federal Reserve Chair Jerome Powell, Asian stocks increased, and the dollar flopped. The U.S. economy is still under threat from disappointing factory activity, tame inflation, and a simmering trade war. Stated by Powell on Wednesday in a meeting with his congressional supervisors. …

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Daily Market Charts and Analysis July 11, 2019

Leave a Comment / Charts & Analysis / By John Marley

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDZAR The pair is trading lower and approaching a solid support line, which, if it breaks it, will probably become a resistance line. On the daily charts, the 50- and 200-day moving average are …

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Digital Coins: Cardano, XRP, and Litecoin Fail to Recover

Leave a Comment / Cryptocurrencies, Litecoin / By John Marley

On Thursday, setting the most massive one-day percentage loss since January 16, 2018, Cardano traded at $0.063663, down 20.15% on the day. The push of Cardano’s market cap moved downwards to $1.73175B or 0.54% of the total cryptocurrency market cap. Meanwhile, Cardano’s market cap was $23.91700B at its highest. In the previous twenty-four hours, Cardano …

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John Marley

Finance: Asian Shares Boosted by Chinese Data Backing

Currency: Yuan, Euro Rises, Dollar Slips amid China’s Data

Daily Market Charts and Analysis July 15, 2019

Crude Oil and Petroleum Prices Slips Against OPEC’s Cuts

Libra Tech: An Introduction to Facebook’s Cryptocurrency

Amazon.com is planning to retrain its employees

Oil prices rise as tensions in the Persian Gulf continues

CPI: Dollar Firm as U.S. Inflation Edges

Stock Exchanges: No Stable Movements amid China’s Data

British Prime Minister Candidate Vows to Aid Farmers

Daily Market Charts and Analysis July 12, 2019

The Federal Reserve: Dollar Falls on Fed’s Hint

The Federal Reserve: Asian Stocks Rise, Dollar Drops

Daily Market Charts and Analysis July 11, 2019

Digital Coins: Cardano, XRP, and Litecoin Fail to Recover

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