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Category: Finance Tech


Finance Tech, Trading

Trade tensions are just one of the three biggest challenges for the global economy, IMF says

April 20, 2018

Via: CNBC

While the “sun is still shining” on the global economy, clouds could be looming over the horizon, warned Tao Zhang, a deputy managing director for the International Monetary Fund. Speaking with CNBC’s Joumanna Bercetche on Thursday, Zhang said there are […]


Finance Tech, Trading

Gold eases from one-week high as stocks, dollar churn

April 19, 2018

Via: Market Watch

Gold futures edged lower early Thursday, retreating from the one-week high notched a day earlier, but the contract remained confined to the tight trading range seen over the last several sessions, as U.S. stocks drifted higher and the dollar stabilized. […]


Finance Tech, Trading

Most investors think 2018 is the peak year for stocks

April 18, 2018

Via: CNN

The nine-year bull market might be on its last legs. Fifty-eight percent of global money managers surveyed by Bank of America Merrill Lynch think the stock market has already peaked or will later this year. Despite the market mayhem of […]


Finance Tech, Trading

President Trump’s Tariffs Are ‘Distorting’ Global Trade, E.U. Warns

April 18, 2018

Via: Time

(BRUSSELS) — Europe’s top trade official said Wednesday that new U.S. steel and aluminum tariffs are distorting global trade and could damage hopes for economic growth. Cecilia Malmstrom, the European Union’s trade commissioner, also said the bloc would not offer […]


Finance Tech, Financial Services, Industries, Trading

Tax cuts were supposed to juice the economy, but banks aren’t seeing it

April 16, 2018

Via: Market Watch

Is the tax revamp signed into law in December helping banks? One quarter in, earnings results show that it’s complicated. On Friday, JPMorgan Chase JPM, -2.71% said its quarterly profit jumped by more than one-third to an all-time high, helped […]


Finance Tech, Trading

Why Big Data Could Create Big Problems in the Stock Market

April 16, 2018

Via: Fortune

In 2013’s Big Data, Viktor Mayer-Schönberger, professor of digital governance at Oxford, described the necessity of using digital information to better connect with customers and train automated systems. In the new Reinventing Capitalism in the Age of Big Data, Mayer-­Schönberger, […]


Finance Tech, Trading

The big political brawl that’s brewing trouble for stocks

April 12, 2018

Via: Market Watch

It’s been oddly quiet overnight, with the only bit of fighting action coming from a bunch of brawling baseball players. “With markets consolidating, we wait to see what Trump tweets today,” said Hantec Markets’s Richard Perry. It turns out he […]


Finance Tech, Trading

Global shares fall back following gains on upbeat trade talk

April 11, 2018

Via: ABC News

Shares fell in early European trading on Wednesday, following a mixed day in Asia. Comments by China’s central bank governor reaffirming Beijing’s resolve to carry through on financial reforms buoyed shares in Hong Kong and Shanghai. KEEPING SCORE: Germany’s DAX […]


Finance Tech, Trading

Global stocks rise as investors eye US-China trade tensions

April 10, 2018

Via: ABC News

Global markets are higher as investors watch developments in the simmering trade dispute between the U.S. and China. KEEPING SCORE: France’s CAC 40 gained 0.7 percent to 5,300.12 in early trading, while Germany’s DAX added 1.1 percent to 12,397.45. Britain’s […]


Finance Tech, Mobile Banking & Payments

WhatsApp is sharing your payment data with Facebook

April 10, 2018

Via: TechRadar

While user privacy on internet has always been a key concern for many, it has now become a cause of worry after the disclosure of the Cambridge Analytica scandal. Even more because Facebook users were the biggest victims of the […]