On Friday, the US dollar gained against major currencies and global equities rose, as new data increased concerns about rising inflation and heated economic activity due to pent-up demand. According to a…
Category: Forex Trade
Stocks Remain in Check while Dollar Firm ahead of US Data
On Thursday, global stocks were pinned down, as investors were waiting for US data that would offer clues regarding inflation and increasing pressures seen widely as pushing a scaling back of the…
US Stocks Close Lower Mostly due to Tech
On Friday, US stocks mostly closed lower, as they were weighed down by consumer discretionary and technology shares, whereas stronger-than-expected US manufacturing data pushed the dollar higher. However, the market mostly shrugged…
Sony Ended Up Facing a Lawsuit over Defected Controllers for PS5
Out of all the gaming consoles that Sony has ever launched, the Sony PS5 turned out to be one of its greatest achievements. Ever since its launch, it has reigned over the…
Goldman Sachs Talks about China’s Growth
According to the recent reports, the chief Asia economist of Goldman Sachs has talked about the growth of China and the risks it currently faces. The chief economist stated that China will…
The U.S. President “Donald Trump” Permanently Banned from Snapchat
One of the world’s most prominent multimedia messaging applications “Snapchat” has recently dropped alarming news on Donald Trump supporters. On January 13, 2021, the officials of the Snapchat platform have announced that…
Chinese Company “BiliBili” Goes for Hong Kong Listing After NASDAQ
Although the Chinese Company has tried keeping its recent actions below the radar, yet a closed source has shared some information. It has been revealed that a Video Platform from China known…
China Increases its Quota for Importing Wool from Australia
As per the recent reports, the Australian Department of Foreign Affairs and Trade has released a statement related to its trades with China. The announcement was made by the Foreign Affairs and…
Ninth Positive Week Out of Ten As Oil Hits Highest Level Since February
Ever since the pandemic hit the entire world, the oil prices throughout the globe had taken a plunge. In April of 2020, Oil prices took the worst plunge of the entire 21st…
Profits are rising but Smartphone Competition is Getting Fierce – Says Samsung
Samsung is one of the largest Electronic Multinational Conglomerate Companies in the world that is headquartered in South Korea. The company is considered among the giants for providing consumers from around the…