The word’s stock markets hold relatively well, considering the panic surrounding the possible spread of the coronavirus. In 2019 the yields inverted in the United States for the first time since the great financial crisis, sparking fears of an upcoming recession. But the Federal Reserve ...
Financial markets struggle to understand the impact of the coronavirus moving forward. 2020 so far, has been difficult for investors as no one could price in the impact of the new virus on the Forex market. Studies have been written covering the correlation with other known diseases from the ...
Bitcoin continues to rise On Monday, Bitcoin continued to grow against the US Dollar, rising above $11,800 following a wider risk appetite among crypto traders, although without a precise driving force for its upward move. Bitcoin cost rocketed by 4.2% to $11,900 on Monday afternoon and is ...
On December 27, the Central Bank of Russia revoked the licenses of the largest Forex dealers: Forex Club, Alpari Forex, Fix Trade, TrustForex, and Teletrade Group. This ‘New Year’s gift’ to the largest Forex brokers has become completely unexpected for both companies and their ...
Investors in the global financial markets took a very negative view of the US Fed meeting, outcome, which hiked the rate during the last two-day meeting, but changed its plans for 2019 towards easing. At the same time, the regulator reported that the situation in the American economy is stable; ...
The last days have been favorable for US stocks – indices have been rising for six days in a row, and the SP&500 index is now almost 7% higher than the last week’s lows. This is indeed a very strong movement towards a positive aspect. Stock prices rose on Wednesday after Fed ...
The weekly charts already indicate a growing downward bias against the US dollar. There are signs that investors are starting to cut long positions in dollars. Previously falling assets are growing at the beginning of this week. Stocks, crude oil and Euro have risen. At the beginning of the ...
The price of Bitcoin has been moving within the range above $6,000 during the last two weeks. However, on Wednesday, November 14, the rate fell to the year low at 5,523 dollars. The cryptocurrency has lost about 13% of its value in less than five hours. The total market capitalization also fell ...
Saudi Arabia can reduce oil output in 2019, Energy Minister Khalid Al-Falih said. According to him, Riyadh can reduce daily production in December by 500,000 barrels as compared to November in response to other manufacturers’ requests about it. Khalid Al-Fatih made this statement despite ...
In November, WTI and Brent crude oil is trading under constant selling pressure. Oil fall in price due to a number of factors, including a strong US dollar, volatility and weakness of the stock market, the escalating trade conflict between the US and China and the global supply growth. All ...
