Sat, May 18, 2024

John Marley

John Marley is our junior contributor that focuses on Forex and equity markets. Before becoming an independent financial adviser, Mr. Marley graduated at EAE business school. His experience includes working for the brokerage and banking sector.

Wibest-Huawei: A man appears to look at the logo of Huawei.

Huawei CVs Display Contact with Chinese Military

Deeper links are done by the staffs that were previously not acknowledged by the firm between Huawei and China’s military and intelligence bodies appeared. It has revealed a new investigation of CVs of the technology giant’s staff. Concluding at the paper which examines Huawei’s employment records of the staffs, it has determined that “key mid-level …

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Samsung building as seen from the outside

Samsung Electronics Q2 Operating Profit Down

SAMSUNG – The second-quarter operating profit of Samsung Electronics Co Ltd probably plummeted, according to company forecast. The company cited the disruptive US-China trade war as the primary reason for the plunge, with the trade dispute adversely affecting the global chip and smartphone markets. However, the company believes the figure will beat analyst expectations thanks …

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Bitcoin marketplace Paxful and Russia

Crypto money and holiday season

The importance of cryptocurrencies is increasing as more and more people around the world are willing to invest in the cryptocurrencies. One of the most expensive and well-known crypto money is Bitcoin. The news surrounding this currency is spreading fast as Bitcoin is attracting attention for several years. Bitcoin’s price increased on Wednesday and reached …

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Sign of the European Central Bank with the headquarters in the background.

ECB President: Euro Wary on Expected Fed Rate Cuts

On Thursday, pushing world stocks to new 18-month highs and on bets the U.S. Federal Reserve would cut interest rates this month and that other major central banks would embrace looser monetary policy, the government bonds held near multi-year lows. In the wake of their recent rally and with Germany’s 10-year Bund yields just off …

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Pile of Gold bars.

US Fed: After Kicking 1-week high, Gold Prices Stable

On Thursday in Asia, as traders weighed gains in stock markets and expected a potential rate cut by the U.S. Federal Reserve occurred, gold prices were a little moved. The Comex division of the New York Mercantile Exchange traded gold futures for August delivery at $1,421.7 a troy ounce, higher 0.06%. Closing record highs overnight, …

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Stocks on September 18

Federal Reserve Rate Cut Expectations Loom over the Dollar

On Thursday, falling Treasury yields fueled expectations the U.S. Federal Reserve will cut interest rates this month for the first time in a decade. Meanwhile, trading near a one-week low, the dollar was threatened versus the yen. Also, to boost the global economy, U.S. Treasury yields declined to the lowest in more than 2-1/2 years …

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Stack of gold bars.

Gold Prices Strengthen amid Global Trade Qualms

On Wednesday, in Asia amid global trade worries, gold prices increased. The Comex division of the New York Mercantile Exchange traded gold futures for August delivery at $1,429.75 a troy ounce, up 1.5%. Agreement on resuming trade talks were done by U.S. President Donald Trump and Chinese leader Xi Jinping. Even after White House trade …

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Concept for trade war between China and the U.S.

Asian Shares Decline as Trade Confidence Diminishes

On Wednesday, as initial enthusiasm over the latest U.S.-China trade truce was overtaken by fresh concerns over Washington’s threat of tariffs on additional European goods, Asian shares plunged. A day after weaker factory readings worldwide, with South Korea’s trade-reliant economy cutting its economic growth and export targets, global growth concerns also limit investor confidence. In …

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