Oil Inventory Report: Oil Boosts Buoyed By US Stocks Fall
Oil Inventory Report: Oil prices climbed while U.S. crude stocks fell. Click here to see and find out more! – Wibest Broker
US stocks trading
Huawei, Apple not in Talks over 5G Chipsets
HUAWEI – On Tuesday, Rotating Chairman Ken Hu said one of the world’s biggest smartphone makers known as Huawei Technologies haven’t had discussions with Apple with regards to providing them with 5G chipsets. At the headquarters of Huawei in Shenzhen, Southern China, Hu made a remark, while the company’s annual globe analyst summit was held. …
Asian Market: Stocks Higher after MSCI Announcement
ASIAN MARKET – Asian stocks were higher on Friday after index publisher MSCI announcement which said it would increase the weighting of Chinese mainland shares in its benchmarks that measure stock performances globally. Meanwhile, the dollar benefited from robust economic data. The MSCI index said that it would increase four times the weightings of China’s …
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Huawei gains more against Samsung & Apple’s market as price difference matters
According to the latest research, China’s Huawei gains more share of the smartphone market against Samsung and Apple. Consumers turn to Huawei phones since Samsung and Apple’s premium models are with high price. A tech research firm – Gartner release a market data report on Thursday. The report reveals Huawei shares on smartphone market increases …
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Dollar Slumps on New Powell Comments
The dollar weakened against other currencies on Monday, as traders felt more bearish due to the increasing expectations that the Federal Reserve would put its policy tightening to a pause in 2019. Read more here!
US Stocks Lower Overnight, Asian Markets Follow Suit
US stocks were lower after the close on Thursday night, with losses in the Technology, Industrial, and Basic Materials sectors led the shares lower. Read more here!
Safe Haven Yen and Franc Rise on Global Concerns
The yen and the Swiss franc gained on Friday, as investors sought refuge in safe-haven assets because of renewed US-China trade tensions and weaker-than-expected data in the top two economies that revived global growth fears. Read more here!
Dollar Remains Firm as Fed Calls for Further Hikes
The US dollar on Thursday was firm in Asia following the withdrawal of the US Federal Reserve from a more aggressive policy tightening move. This followed when it gave markets the distinct impression of being much less cautious in comparison with what they had expected. The Fed raised its interest rates by 25 basis points. …
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US Dollar Nears 10-Week Highs Ahead of US Growth Report
The dollar was near a 10-week high on Friday as investors anticipated the US economic growth figures’ impact on its continuing strength that has been going on for months in the forex world. US President Trump has been outspoken about his displeasure over the dollar’s strength, deviating from a custom in which US presidents try …
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