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Tag: Featured


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 […]


Finance Tech, Trading

U.S. stocks poised to come under pressure as Turkey weighs on global markets

August 13, 2018

Via: Market Watch

U.S. stock indexes appeared set to stumble early Monday as turmoil in Turkey eroded appetite for risk on Wall Street. What are benchmarks doing? Futures for the Dow Jones Industrial Average YMU8, -0.29% were off 94 points, or 0.4%, at […]


News

Bitcoin Investing Is Creating Giant Tax Headaches for Hedge Funds

August 13, 2018

Via: Fortune

Dozens of hedge funds investing billions of dollars in cryptocurrencies don’t know if they’re calculating their taxes correctly, which may be a problem now that U.S. authorities have said they’re going to be scrutinizing virtual currencies. Just like individual taxpayers, […]


News

The Trump Administration Just Announced Tariffs on $16 Billion in Chinese Imports. Here’s What’s New

August 8, 2018

Via: Fortune

The Trump administration just announced tariffs on another $16 billion in Chinese imports to the U.S. This latest round makes good on the president’s promise in June to impose a 25% tariff on $50 billion in Chinese goods. An earlier […]


Finance Tech, Liquidity

U.S. government bond yields climb as global stocks rally

August 7, 2018

Via: Market Watch

U.S. government bonds drew early selling on Tuesday, nudging yields higher, as global equity benchmarks took cues from a rally in Chinese stocks markets, underscoring waning appetite for assets perceived as havens, including bonds. The 10-year Treasury note yield TMUBMUSD10Y, […]


Finance Tech, Trading

European stocks rally, led by auto and materials shares

August 7, 2018

Via: Market Watch

German stocks were taking the lead in an upbeat European session Tuesday, as equities in the region took inspiration from gains across the globe and investors decided to momentarily set aside global trade anxieties. What are markets doing? The Stoxx […]


Energy, Industries

US sanctions on Iran could push oil prices above $90 a barrel by year-end, analyst says

August 6, 2018

Via: CNBC

U.S. sanctions on Iranian crude could soon push oil prices above $90 a barrel, one oil analyst told CNBC Monday, amid heightened energy market fears of a looming supply shock. “As we go more towards (the fourth quarter) … that’s […]


Finance Tech, Trading

U.S. stock futures wobble as trade worries rumble on

August 6, 2018

Via: Market Watch

U.S. stock futures struggled on Monday, with investors focused on fresh rumblings on the trade front and another big batch of earnings headed their way. What are the main benchmarks doing? Dow Jones Industrial Average futures YMU8, +0.05% slipped 15 […]