The new decade hasn’t been particularly easy for Elon Musk’s Tesla especially in the stock market. Just today, the company’s stocks are seen accelerating through the competition after a harsh crash last week. Last week, the entire stock market felt a massive hangover and a painful ache brought by concerns about the virus. However, this …
Elon Musk’s Tesla is Roaring in the Stock Market Today Read More »
Yesterday, despite all the problems stocks in Asia had a positive day. For example, in Japan, the Nikkei 225 added 0.95% to end its trading day at 21,344.08. Moreover, South Korea’s Kospi index added 0.78% to close at 2,002.51. Unfortunately, Australia’s S&P/ASX 200 fell 0.77% to close at 6,391.50. In the meantime, the FTSE Bursa …
The gold export figure by Russia multiplied by eight during the past year. It reached a value of 5.7 billion dollars. The United Kingdom acquired almost all of the gold exported by Russia. According to the Russian RT news portal, the country increased its gold exports during the past year to a figure of 5.7 …
The UK bought gold from Russia worth more than $ 5.7 billion Read More »
The Australian dollar to fall by 1.07% to $0.650, reaching its lowest point in 11 years. The currency’s downfall was due to the traders selling currencies closely associated with a possible recession. The U.S. dollar index has also dropped by 0.093% to 98.349. The dollar fell against the pound by 0.79% to 1.278. On the …
Australian dollar still low. What about Euro and Dollar? Read More »
Cryptocurrencies offer a number of advantages in comparison with fiat currencies. This industry is evolving and one crypto-related firm from former Yugoslavia wants to accelerate this process. Crypto payments provider GoCrypto is working hard to expand this industry. For example, it is possible to pay with more than 10 million Bitcoin.com wallets at GoCrypto locations. …
In a blog post from Twitter’s CEO Jack Dorsey, the company announced that it is pulling out of the SXSW. He noted an adjustment in travel policy, which suspended non-critical business travel and events. Dorsey was supposed to have a keynote address in the event, in addition to a larger presence from the company. His …
Twitter Pulls Out of SXSW for Coronavirus Concerns Read More »
On Monday, a private survey showed that factory activity in China declined to a record low in February. Despite this news, major markets in Asia strengthened their positions. It is an important moment as during the last week; markets across the region had to deal with issues. On March 2, mainland Chinese stocks saw gains …
There are many crypto-related companies, and this industry, despite its relatively young age, attracted the attention of people from various backgrounds. The crypto market is expanding, and companies are trying to develop new projects or to expand existing ones. Recently, the crypto payment gateway GoCrypto made an important announcement. According to CEO Dejan Roljic, the …
The collapse of Bitcoin a week ago was followed by the breakdown of gold in the markets. The precious metal experienced sharp fluctuations this week, in which its price reached a maximum of seven years of $ 1,688.66 on Monday. It also closed with its most significant weekly decline since November. The unfortunate advance of …
The Italian economy was already struggling to deal with problems even before the coronavirus outbreak. However, the ongoing virus outbreak complicated the situation. Moreover, Italy was the first country in Europe to report a major surge in cases of the coronavirus. Italian authorities-imposed travel restrictions in the north of the country. This way, they are …
The Japanese yen skyrocketed last week, hitting a seven-week high against the U.S. dollar. The investors returned to their risk-off tactics again, while the pandemic fears amounted as the coronavirus is spreading worldwide. The currency was on track for its largest daily gain since May 2017, after the virus was confirmed in the U.S. That’s …
The Japanese Yen Hit the Seven Week High Against the Dollar Read More »
Coronavirus outbreak became the main problem for the global stock markets. Furthermore, global stock markets fell for a seventh consecutive day on Friday due to the virus outbreak. On Friday, China’s Shanghai Composite fell more than 3.7%, bringing losses for the week to 5.6%. It is worth mentioning that it is the worst performance since …
Global Stock Markets Fell for Seven Days in a row Read More »
Investors are moving to safe-haven currencies as the coronavirus is spreading worldwide. After the infection broke out in Europe, South Korea, and the U.S., the stock markets went into turmoil. The futures and equities collapsed around the globe. The virus turned the markets upside down – noted Marc-André Fongern, head of FX research at Fongern …
Euro and Yen Hit High; Safe-Haven Currencies in Demand Read More »
The crypto industry is evolving, and the number of people who would like to learn more about this emerging technology also increased during the last several years. The process of crypto adoption will take time due to several factors. Nevertheless, many crypto-related companies are working hard to challenge the stereotypes connected with cryptocurrencies. Several days …
United Airlines was the busiest last weekend. The largest US airline in Asia cut more flights, delayed an important event, and postponed pilot training. Not only that, but the company also withdrew its 2020 guidance, warning that near-term demand to China has almost disappeared. Consequently, demand for the rest of its trans-Pacific routes went down …
The Coronavirus Spends the Weekend with United Airlines Read More »
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