There has been a lot of talk about central bank digital currencies (CBDCs) and the affinity of governments towards them. While Japan and China appear to be at the forefront of this…
Category: News
Energy Stocks Lead to Gains in European Shares
On Friday, European shares got a boost from oil stocks, with the blue-chip index in London reaching nine-month highs, while sentiment was also boosted due to signs of economic stimulus in the…
Asian Shares Mixed in Global Markets as Dollar Weakens
On Thursday, Asian shares were mixed due to choppy trade on Wall Street, which was partly due to a disappointing jobs report in the US. Meanwhile, increasing optimism over the COVID-19 vaccine…
Stocks Rest after Progress in COVID-19 Vaccine
On Wednesday, world stocks were just shy of record highs on hopes of a COVID-19 vaccine and additional US fiscal stimulus, even though the dollar was stuck at a two and a…
Euro Reaches Three Month High as Dollar Takes a Hit
The euro clocked a three-month high against the US dollar, as riskier currencies got a boost because of strengthening recovery in China and elsewhere and expectations of additional monetary stimulus from the…
Investors Take Stock of Best Month Ever
On Monday, world shares paused for assessing a record-breaking month, as concerns about the coronavirus pandemic were eclipsed by additional stimulus from central banks and the prospect of economic recovery next year,…
Stack Funds Calls BTC Correction a ‘Healthy Pullback’
Crypto index fund provider, Stack Funds has already gone ahead and referred to the recent pullback in the Bitcoin market as a ‘healthy’ correction and claimed that it was needed before the…
European Stock Futures Edge Higher
On Friday, the European stock markets ended the week on a cautious note, due to concerns over the highly-anticipated COVID-19 vaccine, even though the tone did receive a boost from the strong…
World Shares Near All-Time Highs, US Markets Close for Thanksgiving
On Thursday, European shares were mixed and world shares were close to all-time highs, after a strong session in the Asian market in which worsening US data was outweighed by the market…
Stocks Hit Record High as Vaccines and Biden Transition Brighten Outlook
On Wednesday, global shares hit record highs after the Dow Jones reached 30,000, as investors were relieved at the possibility of a smooth transition of power after the presidential elections and confident…