Thu, March 28, 2024

Trade Talks

Trade war is coming to an end

The “Phase one” trade deal and its influence on the economy

The trade war between the U.S. dates back to 2018. The dispute between the two largest economies in the world created many problems for the global economy. It is not surprising because, in the modern world, where everything is connected, it is hard to avoid serious issues. It is important to mention that distrust between …

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Market Charts and Analysis

Daily Market Charts and Analysis December 16, 2019

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURBRL The pair is still on the higher levels of its trading range, trading above the 50-day moving average indicating a prevailing bullish sentiment among the pair’s traders. The pair has been trading within …

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Wibest – Pound Exchange: A close up shot of a pound sterling note.

Pound Exchange Rate Shines After Tory Victory | Wibest

Boris Johnson and the Conservatives’ triumphant victory shinned the spotlight on the pound exchange rate this Friday. Traders are hyped by the overwhelming win of, British Prime Minister Boris Johnson. After snatching the post against Jeremy Corbyn, the BPM promises to deliver the UK-EU divorce by January 31. The pound exchange rate and UK stocks …

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Charts

Daily Market Charts and Analysis December 09, 2019

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. GBPCHF After trading sideways for much of October and November, the pair is now trading upward. The uptrend also comes after the confirmation of the golden cross, in which the 50-day moving average crosses …

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Asian stock markets

Stocks: Chinese factory activity lifted the market sentiment

Yesterday was the first trading day of December. Chinese factory activity surprised the analysts and helped to improve the market sentiment. Stocks benefited from this news. On December 2, a private survey of Chinese factory activity surpassed market expectations. The Caixin/Markit manufacturing Purchasing Managers’ Index (PMI) reached 51.8 in November. Economists expected that the PMI …

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