Foreign Exchange Market: In Asia, the initial trade agreement between Japan and the U.S did not affect the Japanese yen on Tuesday. The USD/JPY remained at 108.10 by 11:10 PM ET. It remained unchanged despite news that U.S and Japan had reached an initial trade tariff agreement. It also remained unclear whether the U.S would maintain tariffs on Japanese auto...
The oil industry is crucial for any country. It is one of the most important commodities, and this fact makes it more vulnerable to price fluctuations. It is no coincidence that oil prices increased by more than 19% after the attack on the oil processing plant. The attacks perpetrated by the Houthi rebels resulted in the biggest price hike in more than 28 years....
India has the second-largest population in the world with more than 1 billion citizens. India also has one of the largest in the world. It means that the country has a huge potential when it comes to digital currencies. It is worth mentioning that India established itself as one of the world’s best technology hubs. All of the reason mentioned above creates...
Regional tensions in the Middle East started a long time ago. However, the latest incident once more highlighted that regional stability remains fragile. On Saturday, drones attacked oil processing plant of the Saudi Aramco. It is worth mentioning that the plant in Abqaiq is the largest one operated by Saudi Aramco. Moreover, drones also targeted the Khurais...
Japan’s top fashion e-retailer Zozo, reportedly, will give Yahoo Japan full control over it for a 400 billion-yen takeover amount. Converted into dollars, the famous web services company is bidding $3.70 billion to acquire Zozo. The Tokyo-based online fashion store would enable Yahoo Japan to have a more comprehensive array of services and compete against rivals...
Bitfury’s blockchain analytics platform Crystal published a report about the digital currencies on September 12. The Report on International Bitcoin flaws 2013-2019. Analytics platform Crystal analyzed the tendencies regarding cryptocurrency operations and Bitcoin transactions. This report made it easier to understand the trends of digital currencies. According...
Oil sector continues to struggle with problems caused by the trade war and global economic issues. There are other issues as well. One of them is oversupply which can affect the oil prices. Oil-producing countries are trying to find the best way how to respond to challenges. However, there is no universal solution. The oil sector’s role in every country’s economy...
The price of cryptocurrencies changed several times on September 11. The digital currency market became more popular around the world. Cryptocurrencies also have some issues, but there are more advantages than disadvantages. The digital currencies won’t be able to replace the traditional currencies. Nevertheless, they are one of the best alternatives on the...
Asian stocks on Wednesday have a mixed morning trade. Also, Apple suppliers outperformed after the iPhone 11 reveal event, which they held overnight in the United States. China’s Shanghai Composite dropped by 0.3%. On the other hand, the Shenzhen Component fell 0.1%. Aside from that, going to the U.S.-China trade war, China has offered to buy more U.S....
Bitcoin is one of the most successful digital currencies on the market. However, there are other famous cryptocurrencies as well. Ethereum, Litecoin, and the list go on as there are numerous digital currencies. The popularity of digital currencies made them more susceptible to external factors. It means that any price fluctuation might become a serious headache...
Apple Tweaks App Store Algorithm In a recent turn of events after coming under fire for antitrust concerns, Apple revised its App Store’s search algorithm. On Monday, a widely-popular news publication reported that the iPhone-maker is trying to limit its own apps dominating top spots. Apple Inc. did not comment on the report. The news publication also added that...
Doji Candlestick Analysis pattern is among the misunderstood candlestick patterns. There are four types of Doji candlesticks. Each has a different meaning and most advanced traders can figure them out. Most books written will teach Doji as a representation of indecision in the markets. Looking at the length of Doji, you’ll be able to speculate the future market...
The price of digital currencies changes all the times. There are numerous factors which influence the cryptocurrency market. Thanks to modern technologies, any news can spread around in several minutes. It means that people have the opportunity to receive the latest information. The cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, represent some of the...
Apple, together with its manufacturing partner, Foxconn violated a Chinese labor rule. The two firms are using too many temporary staff in the world’s largest iPhone factory. In addition to that, the companies confirmed this after a report about them with allegedly harsh working conditions. And these claims were from China Labor Watch, who issued the report...
Make no mistake; technology markets make the world go around. Or at least, they make it more exciting. How? Just check out these technology trends you should be watching. At the same time, you may want to check out the companies that develop such technological advances. Spoiler: Stark Industries not in the list! AI/AR: Go After Tech Stocks! These technologies...
The cryptocurrency market is developing for the last several years. There are more than 1,000 digital currencies around the world. It is not surprising that because not only private but governmental organizations are also working on such projects. Nevertheless, only several major digital currencies are famous in different parts of the world. One of them is...
Alphabet-owned search engine Google and its free-video streaming service YouTube will pay $170 million as a penalty for kid’s data collection. On Wednesday, the Federal Trade Commission (FTC) said that YouTube has agreed to pay the given amount to settle the allegations. The video streaming site was the subject of accusations regarding the collection of...
Gaming pioneer and visionary Razer announced its newly-equipped version of the Razer Blade Stealth ‘ultrabook’ for 2019. On Wednesday, the maker of powerful gaming laptops unveiled the latest iteration of the machine in a tweet. According to Razer, the Blade Stealth 13 is the world’s first “GTX Graphic Ultrabook. On its website, Razer claims that the new device...