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Category: Finance Tech


Finance Tech, Trading

Gold tries to push back above $1,200 with back-to-back gains

August 21, 2018

Via: Market Watch

Gold tried for back-to-back gains with an early advance Tuesday, flicking at the closely watched $1,200 line that some analysts see as a major determinant for gold’s near-term fate. The precious metal on Monday logged the best single-session gain of […]


Finance Tech, Liquidity

The dollar is falling after Trump slammed the Fed again

August 21, 2018

Via: Business Insider

LONDON — The dollar is falling against the pound and euro on Tuesday morning after US President Donald Trump publicly criticised the Federal Reserve for raising interest rates. Trump said in an interview with Reuters on Monday that he was […]


Finance Tech, Trading

Stocks mostly rise on hope for progress on China trade talks

August 20, 2018

Via: ABC News

Global stocks were mostly higher Monday as investors welcomed signs of progress in resolving the trade dispute between the U.S. and China. The Wall Street Journal reported the countries hope to have a resolution by November. KEEPING SCORE: France’s CAC […]


Finance Tech, Trading

These posh stocks could fare relatively well in a trade war

August 17, 2018

Via: Market Watch

If you’re tracking the global trade fights, this can’t feel like a great time to own European companies that export posh goods. All of them would face challenges in a full-blown trade war. However, Gucci parent Kering KER, +0.07% and […]


Finance Tech, Liquidity

Despite price crash, Bitcoin believers still say the best is yet to come

August 17, 2018

Via: NBC News

SAN FRANCISCO — In December, Bitcoin seemed like the next big thing. One Bitcoin was nearing $20,000, financial journalists were starting to seriously consider whether Bitcoin could replace safe-space investments like gold and companies sprouted up to sell Bitcoin to […]


Finance Tech, Liquidity

The ‘unraveling’ pound is on its worst run since the financial crisis — and it’s only going to go downhill

August 16, 2018

Via: Business Insider

LONDON — The pound is on its longest losing streak against the dollar since the depths of the financial crisis as a perfect storm “unravels” the UK’s currency. After a strong start to 2018, the pound has slumped in recent […]


Finance Tech, Trading

Global shares mixed following Wall Street losses

August 16, 2018

Via: ABC News

Shares are higher in early European trading after a downbeat day in Asia. Benchmarks in Germany and France rose Thursday while shares in Tokyo, Shanghai and Hong Kong declined. KEEPING SCORE: Germany’s DAX added 0.3 percent to 12,200.93 and in […]


Finance Tech, Liquidity

The lira surged 7% after Turkey hit back at US ‘attacks’ by slapping American cars, alcohol, and tobacco with huge tariffs

August 15, 2018

Via: Business Insider

LONDON — Turkey’s downtrodden currency, the lira, surged on Wednesday morning hours after the country’s government hit back at what it believes are “deliberate attacks” against its economy by the US, by levying significant tariffs against American goods. Around 8.00 […]


Finance Tech, Industries, Others, Trading

The world’s biggest tech companies are at serious risk of losing a $32 billion market

August 14, 2018

Via: Business Insider

Apple, Amazon, Google, Facebook and other US tech titans are facing major hurdles on selling online in India, thanks to a new ecommerce bill which prioritises homegrown firms. According to The Wall Street Journal, which has seen a draft of […]


Finance Tech, Trading

Gold edges higher as Turkey turmoil fades

August 14, 2018

Via: Market Watch

A respite for the hard-hit Turkish lira was accompanied by a small gain for gold futures early Tuesday, as the U.S. dollar gave back some of its recent gains. December gold futures GCZ8, +0.25% rose $2.90, or 0.2%, to $1,201.80 […]