On Thursday, European stocks declined to their lowest level in over a month, as a decline in German consumer morale, an impasse in the U.S. stimulus talks and surging coronavirus cases in…
Category: Online Trading
Stimulus Bets Bolster Wall Street Shares
On Tuesday, shares on Wall Street climbed due to growing optimism that talks were progressing amongst U.S. lawmakers about a U.S stimulus package that would cushion the economic shock caused by the…
Mercy Corps Receives a $10 Million Donation from Ripple (XRP) During the Annual Swell Conference
Ripple just announced that they will be donating $10 million to the Mercy Corps during the Swell Conference. While making the announcement, Ripple (XRP) added that their contribution towards Mercy Corps is…
Mt. Gox’s Rehabilitation Deadline Extended by Judge
Even though the hack happened five years ago, investors of Mt. Gox are still reeling from it. There were a lot of people who believed that restitution and reorganizing could help the…
Markets on Edge as U.S. Stimulus Hopes meet Pandemic Resurgence
On Friday, financial markets remained a bit shaky as hopes for a new fiscal stimulus package in the U.S. met fears that the economic recovery would be undermined by the social restrictions…
Stocks Go Lower Due to Brexit Stalemate and Resurgent COVID-19
On Thursday, global shares fell as restrictions were tightened by governments across Europe for battling an increasing second wave of coronavirus infections, slowing down the process of economic recovery. In early trading,…
Sterling Bounces on Hope of Brexit Talks
On Wednesday, Sterling rose from the day’s low after a source close to the UK-EU Brexit talks revealed that even though a trade deal is difficult, it is still possible. The source…
Yuan Set for Biggest Fall since March and Dollar Index Rises
On Monday, China’s yuan fell after a change in the reserve requirement policy of the People’s Bank of China, a move seen as a way to control the appreciation of the yuan….
Dollar-yen Dip as Stimulus Hopes Boosts Risk-on Mood
On Thursday, the safe-haven Japanese yen and the dollar both nursed losses, after a revival of hopes for an additional fiscal stimulus in the U.S. gave investor sentiment a boost. In contrast,…
Wall Street Gains as Trump to Go Home and Investors Hope for Stimulus
On Monday, there was a sharp increase in U.S. stocks, as they recovered from the decline they had suffered in the previous session. This improvement was likely because investors believe fiscal stimulus…