Fri, March 29, 2024

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Dollar and investors, Federal reserve

How U.S. Federal Reserve Affected Investor Sentiment

It was an interesting day, for the stocks in Asia-Pacific. Interestingly, stocks were mostly higher on Thursday, as investors reacted to the latest announcements from the U.S. Federal Reserve. Let’s start with mainland Chinese stocks. Importantly, mainland Chinese stocks strengthened their positions on December 17. The Shanghai Composite advanced 1.13% to 3,404.87. In the meantime, …

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International Space Station over the planet.

NASA, Canadian Space Agency, and a Historic Achievement

The National Aeronautics and Space Administration (NASA) is one of the most famous space agencies in the world. On Wednesday, NASA made an important announcement. According to the announcement, one of Canada’s astronauts will be sent around the moon as part of the partnership between NASA and the Canadian Space Agency (CSA). It is worth …

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U.S. economy, retail sales, US flag and US dollar with Covid-19 text..

U.S. Retail Sales, Coronavirus Pandemic, and Challenges

The U.S. economy suffered losses due to the coronavirus pandemic, and unfortunately, the pandemic is not over yet. It is worth mentioning that, U.S. retail sales fell more than expected in November, weighed down by the number of coronavirus cases. As well as decreasing household income. People should take into account that, retail sales declined …

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Stocks and interesting details

Shares of SMIC Fell in Hong Kong and Shanghai

It was a tough day for China’s largest chipmaker, but before discussing the shares of SMIC, let’s have a look at the stocks in Asia-Pacific. Interestingly, stocks in Asia-Pacific were higher on Wednesday, after an overnight bounce on Wall Street as optimism grew over the possibility of more stimulus.  Let’s start with Japan. The Nikkei …

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Gold bars

Gold Up, Investors Bracing for Fed’s Policy Decision

Gold rose on Wednesday morning in Asia’s precious metals. Investors were monitoring progress on U.S. stimulus measures and the Federal Reserve’s policy decision. Also sparking hopes for a quick economic recovery is the rapid progress in COVID-19 vaccine rollouts. By 12:04 PM ET (4:04 AM GMT), gold futures were up 0.29% at $1,860.65. On Tuesday, …

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The jobless rate increased in the three months to October. The state of the local economy is far from being ideal. The U.K. and main challenges.

Jobless Rate in the U.K. Reached Highest Level

Millions of people around the world lost their jobs due to the coronavirus pandemic, and many of them are still looking for a job. Importantly, Britain’s jobless rate rose again in three months to October. Notably, redundancies reached a record level as companies suffered losses as a result of new coronavirus restrictions. Moreover, companies prepared …

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Dollar bills close up

Dollar on the Defensive, Pound Buoyed by Brexit Hopes

The dollar declined near 2 1/2-year lows in forex on Wednesday. Progress toward a massive U.S. government spending bill and COVID-19 relief measures stimulated risk appetite. It is sapping demand for the safest assets. Also buoying sentiment was the U.S. expanding its roll-out of a vaccine from Pfizer Inc and German partner BioNTech SE. Another …

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Germany and its economy

Germany, its economy, and the Coronavirus Pandemic

Germany has the biggest economy in the European Union and one of the biggest in the world. As can be seen from the information stated above once more underlines the strength of the local economy. However, the coronavirus pandemic created problems for the country.  However, Germany’s decision to tighten a second coronavirus lockdown increased the …

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Barclays plc

U.K’s Financial Conduct Authority vs. Barclays

Barclays plc is one of the most famous banks in the U.K. It is worth mentioning that, the U.K.’s Financial Conduct Authority (FCA) has slapped a fine of £26 million on three Barclays entities: Barclays Bank UK PLC, Barclays Bank PLC, as well as Clydesdale Financial Services Limited for mistreating financially struggling consumer. Based on …

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oracle

Oracle Decided To Relocate its Headquarters

Oracle is one of the most famous companies when it comes to cloud engineering systems, enterprise software, as well as database software and technology. Interestingly, Oracle is the latest tech company based in California that decided to leave the state. Based on the information provided by the company, it is moving its headquarters from Silicon …

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Stocks and interesting details

Investors Reacted to the Approval of the Vaccine

Investors are closely monitoring the situation to learn more about the coronavirus vaccine, as the coronavirus pandemic continues to dominate the headlines. It is worth mentioning that, stocks in Asia-Pacific were mixed on Monday, as investors reacted to the information regarding the coronavirus vaccine.  Interestingly, mainland Chinese stocks strengthened their positions on December 14. The …

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