Stock exchanges and indices in Europe fell after the release of PMI data. The collapse of Thomas Cook, which left passengers stranded, also weighed down equities. For numbers, the pan-European STOXX 600 lost 0.7%. Most sectors and major bourses traded in the red. Germany’s DAX lost 0.3%, while France’s CAC 40 shrank by 0.2%. Over …
Europe Stock Exchanges Fall, PMI in Focus | WibestBroker Read More »
On Friday, Stock markets in Asia, as well as Europe, benefited from the news regarding the trade war. One day before on Thursday, the U.S. and Chinese representatives met in Washington D.C. It was the first meeting in almost two months. They discussed issues connected with the trade war. This mid-level meeting ended on Friday. …
Stock markets across the globe reacted to several important news on Friday. Stock markets in Europe and Asia benefited from the news that U.S. and China resumed the trade talks. The trade war started in 2018. Nevertheless, it is not over yet, and the problems caused by the trade war affected the stock markets. On …
Asian and European stock markets on September 20 Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDCAD The pair is back from recent lows in recent weeks, with the short-term trajectory overall bullish. It has also recently slipped down the 50-day moving average to almost reach recent record lows. Now …
Daily Market Charts and Analysis September 20, 2019 Read More »
Saudi Arabian oil prices surged higher after a week of violence and their plans for supplying the countries. Click here for more info! – Wibest Broker
On Wednesday, a China telecommunications giant, Huawei Technologies, anticipates the unveiling of next generation 5G wireless networks. According to the company’s deputy chairman, this is to start contributing to the firm’s revenue for next year when China launches services. Meanwhile, the Chinese telecom equipment giant guaranteed the 5G commercial contracts. To count, the contracts …
FX NEWS – The US Federal Reserve decided to cut interest rates again, slashing it a quarter of a percentage point. The latest cut comes after the US central bank lowered rates in July. The bank also hinted that it was ready to be more aggressive should the economy continued to show weakening signs. …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDRUB The pair appears to be performing a correction after recent highs, now with more room to fall. This happened after the 50-day moving average confirmed a golden cross. The relationship between the US …
Daily Market Charts and Analysis September 19, 2019 Read More »
If you’ve been following forex news, you probably have heard of the term “monetary policy.” News about this makes up a large portion of finance headlines. What is this and why is it so important? What are its types? And how do governments and banks enforce it? Let’s dig into this topic. What is Monetary …
Recently, South Korean messaging platform Kakao’s “Klay” token, also known as a local digital coin, has launched Klaytn blockchain. In addition, the company said it is on its way to make its first official trade listing on Upbit’s platform. Upbit is the digital coin exchange, handled by South Korean fintech firm, Dunamu. Moreover, it …
Kakao’s Digital Coin to Unveil its First Exchange Listing Read More »
Earlier this month, Klay declared it will soon develop its first formal exchange listing. Klay is a token by South Korean messaging giant Kakao. The partnership built it together with its native digital coin. As proclaimed by Ground X, the company was for the progress of the Klatyn network to which the token is …
Kakao’s Digital Coin to Pilot First Exchange Listing Read More »
Even after the ECB’s massive QE bomb yesterday, the BOJ might hold onto its current monetary policy. The stabilized markets and highly resilient domestic demand in Japan could help the BOJ stand against pressure. Policymakers around the globe, including BOJ’s officials, are scheduled for a meeting next week in the wake of ECB’s quantitative easing. …
Recently, T. Boone Pickens, 91 was reported to have departed. He was the CEO of BP Capital and a renowned industry energy entrepreneur who built an empire out of an initial $2,500 investment. T. Boone’s longtime spokesman Jay Rosser indicated that the Oklahoma-born tycoon, known for his folksy speech and ruthless business acumen, died surrounded …
Recently, Yahoo Japan Corp indicated it would take charge of Japan’s top online fashion e-tailer Zozo Inc. It has a revenue of over 400 billion yen ($3.70 billion). In addition, it is aiming to bring new ideas into the website and increase its own game versus rivals such as Amazon.com. Yusaku Maezawa, Zozo’s billionaire founder, …
Yahoo Japan Steps to Supervise E-Tailer Zozo Clothing Read More »
Index investing is probably one of the most popular ways of investing in the financial markets. Because, why not? You save time because you don’t need to pick stocks one by one. It’s instant diversification. US indices are ultra-popular, too. Daily news about Wall Street isn’t complete without news about the S&P, NASDAQ, and the …
Index Investing: US Stock Market Indices | WiBestBroker Read More »
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