British Prime Minister Boris Johnson tests positive for coronavirus, first world leader to do so

British Prime Minister Boris Johnson tests positive for coronavirus, first world leader to do so

British Prime Minister Boris Johnson on Friday became the first world leader to test positive for coronavirus.  Johnson confirmed the infection himself on his official Twitter account.  Britain’s leader, who is 55, said he developed mild symptoms over the last 24 hours. “I am now self-isolating, but I will continue to lead the government’s response via video-conference […]

NASDAQ Composite (.IXIC) – Wall Street gains as job losses stir talk of more stimulus

NASDAQ Composite (.IXIC) – Wall Street gains as job losses stir talk of more stimulus

NASDAQ Composite (.IXIC) – Wall Street gains as job losses stir talk of more stimulus Wall Street gained more ground on Thursday as the record weekly jobless claims came in below investors’ worst fears, but added to the case for more stimulus to combat the economic impact of the coronavirus pandemic. Initial claims for unemployment […]

Dow Jones Industrial Average (.DJI) just entered a new bull-market phase

Dow Jones Industrial Average (.DJI) just entered a new bull-market phase

Dow Jones Industrial Average (.DJI) just entered a new bull-market phase The bull market is dead, long live the bull market. By some accounts, the Dow Jones Industrial Average DJIA, +6.37% just entered a new bull-market phase, killing the 11-day-old bear market. To some market participants that notion may, indeed, feel like a lot of bull. It may […]

Nutra Pharma Corp. (OTC:NPHC) Looks Set to Rally

Nutra Pharma Corp. (OTC:NPHC) Looks Set to Rally

Nutra Pharma Corp. (OTC:NPHC) Looks Set to Rally Nutra Pharma Corp. (OTC: NPHC) is a biopharmaceutical company engaged in the acquisition, licensing and marketing of homeopathic treatments and ethical drugs for the management of pain, neurological disorders, cancer, auto-immune and infectious diseases. Nutra Pharma, through its RectoPharm subsidiary, carries out basic drug discovery research and […]

Keep Alphabet Inc. (NASDAQ:GOOG) Stock on Your Radar as Markets Continue to Tumble

Keep Alphabet Inc. (NASDAQ:GOOG) Stock on Your Radar as Markets Continue to Tumble

Keep Alphabet Inc. (NASDAQ:GOOG) Stock on Your Radar as Markets Continue to Tumble The coronavirus may have decimated market indices, but how does this factor into future prospects for Alphabet (NASDAQ:GOOG GOOGL)? GOOG stock, a FANG component and de-facto “NASDAQ Blue Chip”, has tumbled in the market maelstrom. Shares have dropped from above $1500 per share to just […]

Tesla, Inc. (NASDAQ:TSLA) stock (TSLA) has surged 40% in a week

Tesla, Inc. (NASDAQ:TSLA) stock (TSLA) has surged 40% in a week

Tesla, Inc. (NASDAQ:TSLA) stock (TSLA) has surged 40% in a week Tesla stock (NASDAQ:TSLA) has surged 40% over the past seven days. Tesla’s recovery comes amidst some updates from Wall Street about the electric car maker’s short-term and long-term prospects. In a note earlier this week, Argus Research analyst Bill Selesky cut his rating on […]

Amid Coronavirus Lockdown, Facebook, Inc. (NASDAQ:FB) Portal TV Video Chat Device Sold Out

Amid Coronavirus Lockdown, Facebook, Inc. (NASDAQ:FB) Portal TV Video Chat Device Sold Out

Amid Coronavirus Lockdown, Facebook, Inc. (NASDAQ:FB) Portal TV Video Chat Device Sold Out Dismissed by industry analysts, Facebook’s Portal TV video chat device has been sold out on company’s website as well as on online platforms like Best Buy and Amazon, as people find the video calling app best way to stay in touch with […]

United States Oil (USO) – Ten Signs the Oil Industry is Bent Out of Shape

United States Oil (USO) – Ten Signs the Oil Industry is Bent Out of Shape

United States Oil (USO) – Ten Signs the Oil Industry is Bent Out of Shape The oil industry has been hit by a simultaneous demand and supply shock in March as the coronavirus pandemic cuts fuel consumption and top producer Saudi Arabia raises output to full capacity to fight a price war with rivals. International […]

Bitcoin: USD/BTC (BTC=X) positioned itself back in the control of bearish traders

Bitcoin: USD/BTC (BTC=X) positioned itself back in the control of bearish traders

Bitcoin: USD/BTC (BTC=X) positioned itself back in the control of bearish traders Bitcoin has positioned itself back in the control of bearish traders after being rejected from the $7,000 level of resistance for the third time in as many days. After tapping $6,980 Bitcoin proceeded to fall dramatically, sliding all the way down to $6,460 […]

21 Million Fewer Cellphone Users in China May Suggest a High CCP Virus Death Toll

21 Million Fewer Cellphone Users in China May Suggest a High CCP Virus Death Toll

The number of Chinese cellphone users dropped by 21 million in the past three months, Beijing authorities announced on March 19. Deaths due to the CCP virus may have contributed to the high number of account closings. Cellphones are an indispensable part of life in China. “The digitization level is very high in China. People […]

Thailand reports 91 new coronavirus cases and one death

Thailand reports 91 new coronavirus cases and one death

 Thailand reported 91 new coronavirus cases and 1 fatality, bringing the total to 1,136 cases and 5 deaths, a health official said on Friday. The latest death was of a patient in Narathiwat province bordering Malaysia, the health official said. The new infections consist of 30 patients linked to previous cases and 19 cases including […]

Market Optimism Lifts The Canadian Dollar: USD/CAD (CAD=X)

Market Optimism Lifts The Canadian Dollar: USD/CAD (CAD=X)

Market Optimism Lifts The Canadian Dollar: USD/CAD (CAD=X) USD/CAD breached the 1.4330 support level and quickly moved closer to the 1.4000, supported by broad U.S. dollar weakness. The U.S. Dollar Index corrected from 104 to 100 in a matter of several days, so many currencies have experienced material upside against the U.S. dollar. Many asset classes […]

British Pound: USD/GBP (GBP=X) soars alongside stocks as equities look past jobless claims

British Pound: USD/GBP (GBP=X) soars alongside stocks as equities look past jobless claims

British Pound: USD/GBP (GBP=X) soars alongside stocks as equities look past jobless claims The British Pound was the best-performing major currency on Thursday, rallying alongside a broad “risk-on” tilt in global equities. Lately, Sterling appears to have become more sensitive to risk assets. On Wall Street, the Dow Jones and S&P 500 closed 6.38% and 6.24% […]

Euro: USD/EUR (EUR=X) rally was the result of persistent dollar’s weakness

Euro: USD/EUR (EUR=X) rally was the result of persistent dollar’s weakness

Euro: USD/EUR (EUR=X) rally was the result of persistent dollar’s weakness The EUR/USD pair has retaken the 1.1000 threshold this Thursday, extending its intraday advance to 1.1044. The rally was the result of persistent dollar’s weakness, as the American currency edged lower against all of its major rivals, despite sentiment fluctuated throughout the day. Asian […]

Japanese Yen: USD/JPY (JPY=X) – US Dollar Breaks Through Major Support

Japanese Yen: USD/JPY (JPY=X) – US Dollar Breaks Through Major Support

Japanese Yen: USD/JPY (JPY=X) – US Dollar Breaks Through Major Support The US dollar has broken down significantly during the trading session on Thursday, slicing through the bottom of several hammers that had formed over the last several days. At this point, the ¥112 level is an area that seems to be crucial for traders to pay […]

Australian Dollar: USD/AUD (AUD=X) at its highest in over a week near 0.6100

Australian Dollar: USD/AUD (AUD=X) at its highest in over a week near 0.6100

Australian Dollar: USD/AUD (AUD=X) at its highest in over a week near 0.6100 The AUD/USD pair is ending the day with gains around 0.6080, a fresh weekly high, underpinned by rallying equities and a weaker dollar in the last trading session of the day. The pair recovered from an early low of 0.5869, a result […]

President Donald Trump has approved a major disaster declaration for the state of Illinois

President Donald Trump has approved a major disaster declaration for the state of Illinois

President Donald Trump has approved a major disaster declaration for the state of Illinois in the midst of the coronavirus pandemic. The president’s declaration paves the way for additional federal assistance for the state, which is one of the hardest hit during the crisis. The order releases funding for crisis counseling for affected individuals in […]

Doctors: Stomach cramps, diarrhea among possible coronavirus symptoms

Doctors: Stomach cramps, diarrhea among possible coronavirus symptoms

By now, most people have memorized the key symptoms of the respiratory illness known as COVID-19: fever, dry cough, shortness of breath. It’s repeated like a mantra by medical professionals, by online posters and by your college roommate whom you’ve been emailing lately out of loneliness and boredom. But medical experts are now saying they’ve […]

China Reports Second Consecutive Day of No New Local Coronavirus Transmissions, Imported Cases Rise

China Reports Second Consecutive Day of No New Local Coronavirus Transmissions, Imported Cases Rise

Mainland China reported a second consecutive day of no new local coronavirus infections as the epicenter of the epidemic, Hubei Province, opened its borders, but imported cases rose as Beijing ramped up controls to prevent a resurgence of infections. A total of 67 new cases were reported as of the end of Wednesday, up from 47 a […]

Gold 1 OZ (XAU=X) Higher as Buyers Bet on More Stimulus after Dismal Job Loss Report

Gold 1 OZ (XAU=X) Higher as Buyers Bet on More Stimulus after Dismal Job Loss Report

Gold 1 OZ (XAU=X) Higher as Buyers Bet on More Stimulus after Dismal Job Loss Report Gold futures are trading higher late in the session on Thursday after a record surge in U.S. jobless claims weakened the U.S. Dollar and drove up the odds of further government stimulus to combat the devastating effects of the […]

Silver 1 OZ 999 NY (XAG=X) Markets Show Hesitation

Silver 1 OZ 999 NY (XAG=X) Markets Show Hesitation

Silver 1 OZ 999 NY (XAG=X) Markets Show Hesitation Silver markets went back and forth during the trading session on Thursday, as we continue to bounce around just below the $15.00 level. At this point, the market is likely to see a lot of noise in this area, because it is such an important figure from […]

Hong Kong: HANG SENG INDEX (.HSI) – Asian stocks jump after Wall Street’s massive gains

Hong Kong: HANG SENG INDEX (.HSI) – Asian stocks jump after Wall Street’s massive gains

Hong Kong: HANG SENG INDEX (.HSI) – Asian stocks jump after Wall Street’s massive gains Asian markets jumped Wednesday, following Wall Street’s major surge overnight as US lawmakers inched closer to approving a stimulus bill to respond to the coronavirus crisis. Japan’s Nikkei 225 surged 6%. Australia’s S&P/ASX 200 rose 2.5%. South Korea’s Kospi gained more than […]

Australia: S&P/ASX 200 (.AXJO) to rise; Woolworths hires 20,000 workers

Australia: S&P/ASX 200 (.AXJO) to rise; Woolworths hires 20,000 workers

Australia: S&P/ASX 200 (.AXJO) to rise; Woolworths hires 20,000 workers The ASX200 benchmark index has had three straight days of gains, after finishing Thursday up 2.3 per cent while the All Ordinaries index closed up 2.58 per cent. The Australian dollar was buying 60.66 US cents at 0700 AEDT, up from 59.14 US cents as […]

Alibaba Group Holding Limited (NYSE:BABA) Taobao launches platform to help factories digitalise their operations in China

Alibaba Group Holding Limited (NYSE:BABA) Taobao launches platform to help factories digitalise their operations in China

Alibaba Group Holding Limited (NYSE:BABA) Taobao launches platform to help factories digitalise their operations in China Taobao, the e-commerce marketplace owned by Alibaba Group Holding, has launched a new initiative to help drive the digital transformation of traditional factories in China using its consumer-to-manufacturer (C2M) system. The platform will enable companies to better manage raw […]

Tesla, Inc. (NASDAQ:TSLA) Stock Is Positioned for Future Success

Tesla, Inc. (NASDAQ:TSLA) Stock Is Positioned for Future Success

Tesla, Inc. (NASDAQ:TSLA) Stock Is Positioned for Future Success It wasn’t so long ago that the big story of 2020 was the success of Tesla Inc (NASDAQ:TSLA). Tesla stock started the year hot, gaining as much as 100% before the novel coronavirus (COVID-19) derailed the economy. With TSLA stock falling, much like the rest of the stock […]

Facebook, Inc. (NASDAQ:FB) Says Fast Spread of Coronavirus Hits Advertising Sales, Apps Usage Surges

Facebook, Inc. (NASDAQ:FB) Says Fast Spread of Coronavirus Hits Advertising Sales, Apps Usage Surges

Facebook, Inc. (NASDAQ:FB) Says Fast Spread of Coronavirus Hits Advertising Sales, Apps Usage Surges Facebook Inc (FB) said the coronavirus outbreak is slowing down its advertising sales, even as usage of its social media platforms is growing fast following a lockdown in many countries around the world. “We’ve seen a weakening in our ads business […]

United States Oil (USO) Losses capped as U.S. Senate passes $2 trln stimulus

United States Oil (USO) Losses capped as U.S. Senate passes $2 trln stimulus

United States Oil (USO) Losses capped as U.S. Senate passes $2 trln stimulus Oil prices fell on Thursday, ending three sessions of gains, as movement restrictions worldwide to contain the coronavirus destroyed demand and overshadowed expectations that a U.S. $2 trillion emergency stimulus will bolster economic activity. Brent crude futures fell $1.04, or 3.75%, to […]

Ethereum: USD/ETH (ETH=) Co-founder Proposes “Trustless” and “Serverless” BTC-ETH Swaps

Ethereum: USD/ETH (ETH=) Co-founder Proposes “Trustless” and “Serverless” BTC-ETH Swaps

Ethereum: USD/ETH (ETH=) Co-founder Proposes “Trustless” and “Serverless” BTC-ETH Swaps Ethereum co-founder Vitalik Buterin says the absence of trustless and serverless swapping between Bitcoin (BTC) and Ethereum (ETH) is a source of embarrassment for the crypto industry at large. Buterin Advocates Easy Swapping Between BTC and ETH  Tweeting on Tuesday (March 24, 2020), Buterin argued for […]

Bitcoin: USD/BTC (BTC=X) Price hit by dramatic value fluctuations amid coronavirus panic buying and selling

Bitcoin: USD/BTC (BTC=X) Price hit by dramatic value fluctuations amid coronavirus panic buying and selling

Bitcoin: USD/BTC (BTC=X) Price hit by dramatic value fluctuations amid coronavirus panic buying and selling Bitcoin has experienced wild price swings in recent days as cryptocurrency markets respond to the global economic uncertainty sparked by the coronavirus epidemic. The cryptocurrency has swung between highs of $9,000 and lows of 4,000 since the start of March, representing the most severe price […]

UK FTSE 100 (.FTSE) UK banks told to keep lending, stocks rise, inflation falls

UK FTSE 100 (.FTSE) UK banks told to keep lending, stocks rise, inflation falls

UK FTSE 100 (.FTSE) UK banks told to keep lending, stocks rise, inflation falls UK banks warned to keep lending to firms UK banks have been told to keep lending to businesses to ensure that they do not collapse as a result of the coronavirus pandemic, the Bank of England and the government warned on […]

Canadian Dollar: USD/CAD (CAD=X) Shows Strength Despite Oil Price Weakness

Canadian Dollar: USD/CAD (CAD=X) Shows Strength Despite Oil Price Weakness

Canadian Dollar: USD/CAD (CAD=X) Shows Strength Despite Oil Price Weakness Markets Stay Optimistic For Now, Leading To Weakness In The U.S. Dollar The Canadian dollar is showing strength despite continued weakness in oil, which is hurt by prospects of worsening oil demand. The U.S. Dollar Index was in a correction mode today and almost touched 101 but […]

British Pound: USD/GBP (GBP=X) Resumes Rally as Traders Continue to Digest Covid-19 Pandemic

British Pound: USD/GBP (GBP=X) Resumes Rally as Traders Continue to Digest Covid-19 Pandemic

British Pound: USD/GBP (GBP=X) Resumes Rally as Traders Continue to Digest Covid-19 Pandemic The pound cut losses to resume its rally against the dollar on Wednesday as investors continued to digest the impact of U.K. government’s measures to contain the Covid-19 pandemic. GBP/USD rose 0.96% to $1.1869, after swinging between gains and losses between $1.1640 […]

Euro: USD/EUR (EUR=X) Continues To Test Same Area

Euro: USD/EUR (EUR=X) Continues To Test Same Area

Euro: USD/EUR (EUR=X) Continues To Test Same Area The Euro has rallied again during trading in early hours on Wednesday but has given back some of the gains. We continue to see a lot of resistance near the 1.0850 level, so that is obviously the next hurdle for the bullish traders out there to try to overcome. […]

Japanese Yen: USD/JPY (JPY=X) US Dollar Continues to Power Higher

Japanese Yen: USD/JPY (JPY=X) US Dollar Continues to Power Higher

Japanese Yen: USD/JPY (JPY=X) US Dollar Continues to Power Higher The US dollar rallied a bit during the trading session again on Wednesday, as the ¥112 level looms large just above. If the market can finally break through there, it will obviously go much higher, due to the fact that every time this market has […]

Australian Dollar: USD/AUD (AUD=X) Struggling At Major Round Figure

Australian Dollar: USD/AUD (AUD=X) Struggling At Major Round Figure

Australian Dollar: USD/AUD (AUD=X) Struggling At Major Round Figure The Australian dollar had a strong start to the trading session on Wednesday but gave back quite a bit of the gains once we get above the 0.60 level. Ultimately, this is a pair that is highly sensitive to risk appetite and that of course is a major […]

Spain’s coronavirus death toll overtakes China’s

Spain’s coronavirus death toll overtakes China’s

Spain struggled to cope on Wednesday with a mounting coronavirus crisis as its death toll exceeded China’s with another 738 lives lost in a single day, and a third senior government minister was diagnosed with the virus. With 3,434 fatalities, Spain now has the second-highest number of deaths globally after Italy’s 6,820. Nursing homes across […]

Gold 1 OZ (XAU=X) Markets Test Highs Again But Fail

Gold 1 OZ (XAU=X) Markets Test Highs Again But Fail

Gold 1 OZ (XAU=X) Markets Test Highs Again But Fail Gold markets have initially tried to rally during the trading session on Wednesday but found trouble at the $1700 level again. By pulling back from there it shows just how resistive that area is, and perhaps more importantly for the future, what breaking above that level […]

Silver 1 OZ 999 NY (XAG=X) will continue to see plenty of pressure

Silver 1 OZ 999 NY (XAG=X) will continue to see plenty of pressure

Silver 1 OZ 999 NY (XAG=X) will continue to see plenty of pressure Silver markets initially tried to rally during the trading session after gapping higher and then pulling back to fill that gap. Furthermore, the market reached towards the $15.00 level before selling off yet again. At this point, the market looks likely that it […]

Hong Kong: HANG SENG INDEX (.HSI) – Asian Stocks Set for Mixed Start

Hong Kong: HANG SENG INDEX (.HSI) – Asian Stocks Set for Mixed Start

Hong Kong: HANG SENG INDEX (.HSI) – Asian Stocks Set for Mixed Start Asian stocks were poised for a mixed start, following the first back-to-back gains for global equities since mid-February, as negotiations in Congress continued toward a vote on the U.S. stimulus bill later this week. S&P 500 futures fluctuated in Asia after the […]

Australia: S&P/ASX 200 (.AXJO) first time in a month that the index has finished in the green two days in a row

Australia: S&P/ASX 200 (.AXJO) first time in a month that the index has finished in the green two days in a row

Australia: S&P/ASX 200 (.AXJO) first time in a month that the index has finished in the green two days in a row The broader All Ordinaries index also finished higher, closing 5.32 per cent higher at 5,006.20 points. The late rally coincided with news from Washington that the US government had agreed to pass the […]

Britain’s Prince Charles tests positive for new coronavirus

Britain’s Prince Charles tests positive for new coronavirus

Prince Charles, the heir to the British throne, has tested positive for the new coronavirus. The prince’s Clarence House office says the 71-year-old is showing mild symptoms of COVID-19 and is self-isolating at a royal estate in Scotland. It says his wife Camilla has tested negative. The palace says Charles “has been displaying mild symptoms […]

Apple Inc. (NASDAQ:AAPL) Stock Rises 6%

Apple Inc. (NASDAQ:AAPL) Stock Rises 6%

Apple Inc. (NASDAQ:AAPL) Stock Rises 6% Apple Stock rose by 5.88% to trade at $237.05 by 09:30 (13:30 GMT) on Tuesday on the NASDAQ exchange. The volume of Apple shares (NASDAQ:AAPL) traded since the start of the session was 2.92M. Apple has traded in a range of $235.72 to $237.40 on the day. The stock […]

Dow Surges 2,113, NASDAQ Composite (.IXIC) Jumps 557

Dow Surges 2,113, NASDAQ Composite (.IXIC) Jumps 557

Dow Surges 2,113, NASDAQ Composite (.IXIC) Jumps 557 The Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a deal on Tuesday to inject nearly $2 trillion of aid into an economy ravaged by the coronavirus. The Dow burst 11.4% higher, while the more closely followed […]

Dow Jones Industrial Average (.DJI) futures jump after White House, Senate reach deal on stimulus bill

Dow Jones Industrial Average (.DJI) futures jump after White House, Senate reach deal on stimulus bill

Dow Jones Industrial Average (.DJI) futures jump after White House, Senate reach deal on stimulus bill Stock futures were surging again in early Wednesday morning trading, following Tuesday’s historic rally, as the White House and Senate reached a deal on a coronavirus stimulus bill. Around 6:00 a.m. ET, futures on the Dow Jones Industrial Average […]

Twitter, Inc. (NYSE:TWTR) Advertising revenue takes a hit

Twitter, Inc. (NYSE:TWTR) Advertising revenue takes a hit

Twitter, Inc. (NYSE:TWTR) Advertising revenue takes a hit After the market closed on Monday, social network Twitter (NYSE:TWTR) joined a growing chorus of companies that have either reduced or withdrawn their guidance for the current quarter, citing the impact of COVID-19, or the coronavirus. Twitter withdrew its outlook for certain financial metrics for the first quarter of 2020. […]

United States Oil (USO) prices still down about 45% so far this month

United States Oil (USO) prices still down about 45% so far this month

United States Oil (USO) prices still down about 45% so far this month Oil prices extended gains for a third session on Wednesday, rising alongside broader financial markets as the United States is expected to approve a massive aid package to stem the economic impact of the coronavirus pandemic. U.S. crude rose to a high of $25.24 a barrel early […]

Bitcoin: USD/BTC (BTC=X) approaching the critical $6,800 level of resistance after surging by more than 15% in the past 24 hours

Bitcoin: USD/BTC (BTC=X) approaching the critical $6,800 level of resistance after surging by more than 15% in the past 24 hours

Bitcoin: USD/BTC (BTC=X) approaching the critical $6,800 level of resistance after surging by more than 15% in the past 24 hours Bitcoin is approaching the critical $6,800 level of resistance after surging by more than 15% in the past 24 hours. The tremendous move to the upside will come as a surprise to the majority […]

Facebook, Inc. (NASDAQ:FB) says coronavirus hits advertising sales

Facebook, Inc. (NASDAQ:FB) says coronavirus hits advertising sales

Facebook, Inc. (NASDAQ:FB) says coronavirus hits advertising sales  Facebook Inc said on Tuesday the coronavirus outbreak was undercutting sales of the advertising that accounts for nearly all of its revenue, even as more users spend time on the social network during virus-related lockdowns. “We don’t monetize many of the services where we’re seeing increased engagement, […]

Thailand has recorded 107 new coronavirus cases, bringing total to 934

Thailand has recorded 107 new coronavirus cases, bringing total to 934

Thailand has recorded 107 new coronavirus cases, bringing total to 934, a health official said on Wednesday. The new cases consist of 27 patients linked to previous cases, 13 new cases including imported ones, and 67 people who tested positive and are awaiting investigation into how they contracted the disease, Taweesin Wisanuyothin, a Public Health […]

Weak Oil Continues To Put Pressure On The Canadian DollarCanadian Dollar: USD/CAD (CAD=X)

Weak Oil Continues To Put Pressure On The Canadian DollarCanadian Dollar: USD/CAD (CAD=X)

Weak Oil Continues To Put Pressure On The Canadian DollarCanadian Dollar: USD/CAD (CAD=X) USD/CAD continues its attempts to settle above 1.4500 and maintain the upside trend despite the broad-based weakness in the U.S. dollar. The U.S Dollar Index has left the 103 – 104 area and is currently located near the 102 level due to risk-on […]

British Pound: USD/GBP (GBP=X) Rallies Yet Again

British Pound: USD/GBP (GBP=X) Rallies Yet Again

British Pound: USD/GBP (GBP=X) Rallies Yet Again The British pound initially drifted a little bit lower during the trading session on Tuesday but continues to find support at the 1.15 level. This is an extraordinarily low level to say the least, and the British pound is most certainly oversold at this point. The question now is whether […]

Euro: USD/EUR (EUR=X) Limited Bullish Potential

Euro: USD/EUR (EUR=X) Limited Bullish Potential

Euro: USD/EUR (EUR=X) Limited Bullish Potential EUR/USD consolidates as the Federal Reserve ramps up its effort to support the US economy, but the exchange rate may continue to give back the advance from the 2017 low (1.0340) as the US Dollar benefits from the flight to safety. EUR/USD REBOUNDS AS FED PLANS TO PURCHASE CMBS BUT WILL IT […]

Japanese Yen: USD/JPY (JPY=X) – Early Signs of a Top as Swap Spreads Narrow

Japanese Yen: USD/JPY (JPY=X) – Early Signs of a Top as Swap Spreads Narrow

Japanese Yen: USD/JPY (JPY=X) – Early Signs of a Top as Swap Spreads Narrow The Dollar/Yen is trading slightly lower on Tuesday. The price action suggests the dollar funding conditions may be easing slightly, compared to a week ago, though the tight trading range indicates things are far from normal. With the Fed pumping dollars […]

Australian Dollar: USD/AUD (AUD=X) Neutral In The Short-Term

Australian Dollar: USD/AUD (AUD=X) Neutral In The Short-Term

Australian Dollar: USD/AUD (AUD=X) Neutral In The Short-Term The Australian dollar advanced against its American rival to 0.5975, its highest for this week, with the pair ending the day around 0.5900. Data coming from the country were mixed, as the Commonwealth Bank Services PMI plunged to 39.8 in March according to preliminary estimates, although the […]

Many political leaders are of the age where they are at more risk at contracting the coronavirus

Many political leaders are of the age where they are at more risk at contracting the coronavirus

Last weekend, Deborah Birx, the White House’s coronavirus response coordinator, skipped out on the daily news briefings where she has been a fixture at President Donald Trump’s side. Having developed a low-grade fever, Birx, a physician, submitted to a coronavirus test and, though the result was negative, stayed home two days out of caution. Birx […]

Gold 1 OZ (XAU=X) Markets Spiked Again

Gold 1 OZ (XAU=X) Markets Spiked Again

Gold 1 OZ (XAU=X) Markets Spiked Again Gold markets have shot straight up in the air on Tuesday, reaching towards the $17 level. The size of the candle is quite impressive, and it does suggest that perhaps demand for gold is starting to pick up again quite drastically, but one thing that is worth paying attention […]

Silver 1 OZ 999 NY (XAG=X) Markets Shoot Straight Up In The Air As Federal Reserve Goes All In

Silver 1 OZ 999 NY (XAG=X) Markets Shoot Straight Up In The Air As Federal Reserve Goes All In

Silver 1 OZ 999 NY (XAG=X) Markets Shoot Straight Up In The Air As Federal Reserve Goes All In Silver markets rallied significantly during the trading session on Tuesday, breaking above the psychologically important $14 level. That being said, the market is likely to see some type of pullback in the short term. Given enough time, […]

Hong Kong: HANG SENG INDEX (.HSI) – Asian markets rally after Federal Reserve launches unlimited bond buying to shore up coronavirus-battered US economy

Hong Kong: HANG SENG INDEX (.HSI) – Asian markets rally after Federal Reserve launches unlimited bond buying to shore up coronavirus-battered US economy

Hong Kong: HANG SENG INDEX (.HSI) – Asian markets rally after Federal Reserve launches unlimited bond buying to shore up coronavirus-battered US economy Asia-Pacific stocks rallied on Tuesday after the US Federal Reserve launched unlimited bond buying and took other steps while the US Congress appeared closer to a deal on a massive stimulus package to boost […]

Australia: S&P/ASX 200 (.AXJO) – RBA is injecting extra liquidity into the financial system

Australia: S&P/ASX 200 (.AXJO) – RBA is injecting extra liquidity into the financial system

Australia: S&P/ASX 200 (.AXJO) – RBA is injecting extra liquidity into the financial system Lowe revealed that over the past few weeks, the RBA has injected “substantial extra liquidity into the financial system through our daily market operations.” He also revealed that the RBA will conduct one-month and three-month repurchase (repo) operations each day. In […]

Alphabet Inc. (NASDAQ:GOOG) Launches Coronavirus Website in the U.S.

Alphabet Inc. (NASDAQ:GOOG) Launches Coronavirus Website in the U.S.

Alphabet Inc. (NASDAQ:GOOG) Launches Coronavirus Website in the U.S. Alphabet Inc.‘s GOOGL Google is leaving no stone unturned to bolster initiatives to help the society in fighting the coronavirus pandemic. This is evident from the company’s latest move of launching a website in the United States to bring in more awareness among people about the […]

Tesla, Inc. (NASDAQ:TSLA) stock (TSLA) tumbles below $400 on factory shutdown order

Tesla, Inc. (NASDAQ:TSLA) stock (TSLA) tumbles below $400 on factory shutdown order

Tesla, Inc. (NASDAQ:TSLA) stock (TSLA) tumbles below $400 on factory shutdown order As a volatile stock, Tesla (TSLA) has taken a strong hit in this market correction triggered by the coronavirus crisis. Now the stock tumbles even further, below $400 a share, as the automaker is forced to shut down their Fremont factory. As we […]

Twitter, Inc. (NYSE:TWTR) Retracts Earnings Forecasts Amid Coronavirus Pandemic

Twitter, Inc. (NYSE:TWTR) Retracts Earnings Forecasts Amid Coronavirus Pandemic

Twitter, Inc. (NYSE:TWTR) Retracts Earnings Forecasts Amid Coronavirus Pandemic Twitter on Monday withdrew its revenue and operating income forecasts for the first quarter of 2020 amid the coronavirus pandemic. The social media giant also retracted its outlook for expenses, stock-based compensation, headcount and capital expenditures for the full fiscal year “due to the growing impact […]

Elon Musk said he sourced 1,255 ventilators from China and shipped them to Los Angeles as US worries about a shortage in the face of coronavirus

Elon Musk said he sourced 1,255 ventilators from China and shipped them to Los Angeles as US worries about a shortage in the face of coronavirus

Tesla and SpaceX CEO Elon Musk said in a tweet on Monday that he sourced 1,255 ventilators and shipped them to Los Angeles, as hospitals and medical facilities around the US face shortages due to the coronavirus outbreak. California Gov. Gavin Newsom said in a press conference on Monday that Musk has delivered 1,000 ventilators to help […]

G20 leaders to speak on Thursday about coronavirus, sources say

G20 leaders to speak on Thursday about coronavirus, sources say

Leaders from the Group of 20 major economies will convene a video conference on Thursday to discuss the coronavirus epidemic, multiple sources told Reuters, amid criticism that the group has been slow to respond to the global crisis. G20 finance ministers and central bankers agreed during a separate video conference on Monday to develop an […]

United States Oil (USO) prices climb as U.S. ramps up economic support measures

United States Oil (USO) prices climb as U.S. ramps up economic support measures

United States Oil (USO) prices climb as U.S. ramps up economic support measures Oil prices rose on Tuesday on hopes that the United States will reach a deal soon on a $2 trillion coronavirus aid package which could blunt the economic impact of the outbreak and in turn support oil demand. Brent crude oil futures […]

Ethereum: USD/ETH (ETH=) Climbs 10% In Rally

Ethereum: USD/ETH (ETH=) Climbs 10% In Rally

Ethereum: USD/ETH (ETH=) Climbs 10% In Rally Ethereum was trading at $136.02 by 19:59 (23:59 GMT) on the Investing.com Index on Monday, up 10.01% on the day. It was the largest one-day percentage gain since March 23. The move upwards pushed Ethereum’s market cap up to $14.83B, or 0.00% of the total cryptocurrency market cap. […]

Bitcoin: USD/BTC (BTC=X) Climbs 10% As Investors Gain Confidence

Bitcoin: USD/BTC (BTC=X) Climbs 10% As Investors Gain Confidence

Bitcoin: USD/BTC (BTC=X) Climbs 10% As Investors Gain Confidence Bitcoin was trading at $6,473.5 by 19:54 (23:54 GMT) on the Investing.com Index on Monday, up 10.06% on the day. It was the largest one-day percentage gain since March 23. The move upwards pushed Bitcoin’s market cap up to $117.3B, or 0.00% of the total cryptocurrency […]

Malaysia steps up coronavirus tests as it braces for ‘worst scenario’

Malaysia steps up coronavirus tests as it braces for ‘worst scenario’

Malaysia is ramping up coronavirus tests in preparation for the “worst scenario”, as it grapples with Southeast Asia’s highest number of infections, a health ministry official told Reuters. The World Health Organisation has urged countries to widen testing to contain the virus. Malaysia’s tally of infections has jumped six-fold in just ten days to more […]

Thailand reports second coronavirus death, cabinet to meet

Thailand reports second coronavirus death, cabinet to meet

Thailand reported its second coronavirus death on Tuesday, a heath ministry official said. The country has confirmed 721 cases of infection. The ministry will hold a news conference at 10 am local time (0300 GMT) to give more details and update the outbreak situation. Later on Tuesday, the cabinet will consider additional measures to help […]

British Pound: USD/GBP (GBP=X) Tries To Rebound

British Pound: USD/GBP (GBP=X) Tries To Rebound

British Pound: USD/GBP (GBP=X) Tries To Rebound GBP/USD is in a rebound mode following the steep fall of the last week which was driven by mass flight to safety and the resulting strength of the U.S. dollar. Over the weekend, the U.S. tried to pass a new coronavirus aid package but political differences between Democrats […]

Euro: USD/EUR (EUR=X) Lingers Near Critical Support

Euro: USD/EUR (EUR=X) Lingers Near Critical Support

Euro: USD/EUR (EUR=X) Lingers Near Critical Support EUR/USD eased lower at the European open but remains within a range after a sharp push lower over the last two week. The pair is down nearly 7% from a high posted early in the month and has recently broken to lows not seen since 2017. The exchange rate […]

Japanese Yen: USD/JPY (JPY=X) – US Dollar Drifts Lower Against Yen

Japanese Yen: USD/JPY (JPY=X) – US Dollar Drifts Lower Against Yen

Japanese Yen: USD/JPY (JPY=X) – US Dollar Drifts Lower Against Yen The US dollar initially tried to rally during the trading session on Monday but ran into a bit of trouble above the ¥111 level as the Federal Reserve has announced a buying program of expanded assets. At this point, the market is starting to look a […]

Australian Dollar: USD/AUD (AUD=X) Still At Risk Of Falling As Buyers Remain Side-Lined

Australian Dollar: USD/AUD (AUD=X) Still At Risk Of Falling As Buyers Remain Side-Lined

Australian Dollar: USD/AUD (AUD=X) Still At Risk Of Falling As Buyers Remain Side-Lined The AUD/USD pair had a relatively quiet day, ending it unchanged around 0.5790. The pair seesawed within familiar levels trapped between the usual dollar’s demand, and resurgent gold prices. The bright metal soared to $1,561.21 a troy ounce, limiting the downside for […]

New study suggests how long coronavirus can stay on surfaces

New study suggests how long coronavirus can stay on surfaces

New study suggests how long coronavirus can stay on surfaces The COVID-19 virus can persist in the air and on surfaces for hours, if not days, according to a new study performed by the National Institutes of Health (NIH), CDC, UCLA and Princeton University. Researchers and scientists found that the new coronavirus was detectable and […]

New Meliá Koh Samui Welcomes Azizskandar Awang as Executive Chef

New Meliá Koh Samui Welcomes Azizskandar Awang as Executive Chef

A talented professional with a passion for leadership and coaching who has won a string of coveted awards during his 20-year career has been named Meliá Koh Samui’s executive chef. Malaysian national Azizskandar Awang has joined the 159-room and 31-suite luxury resort on Koh Samui’s north-eastern coastline in the Gulf of Thailand, with ambitions to […]

Gold 1 OZ (XAU=X) Markets Continue to Consolidate

Gold 1 OZ (XAU=X) Markets Continue to Consolidate

Gold 1 OZ (XAU=X) Markets Continue to Consolidate Gold markets gapped higher during the trading session on Monday to kick off the week, turned around to fall below the 200 day EMA and fill that gap again, only to turn around and rally furthermore. That’s not a huge surprise considering that there is so much in […]

Silver 1 OZ 999 NY (XAG=X) The Fed Helps Almost All Asset Classes

Silver 1 OZ 999 NY (XAG=X) The Fed Helps Almost All Asset Classes

Silver 1 OZ 999 NY (XAG=X) The Fed Helps Almost All Asset Classes The most important catalyst for all asset classes today is the U.S. Federal Reserve decision to expand its quantitative easing program. Due to the severity of the coronavirus crisis, the Fed decided that it will not set any limits to its market […]

Australia: S&P/ASX 200 (.AXJO) lower as all the major banks take a beating

Australia: S&P/ASX 200 (.AXJO) lower as all the major banks take a beating

Australia: S&P/ASX 200 (.AXJO) lower as all the major banks take a beating Bank stocks suffered another battering on Monday, with National Australia Bank reaching a price not seen since John Howard was elected Prime Minister. The financial sector was sold off as it appeared more likely Australia is heading for a severe recession, with long […]

U.K. prime minister Boris Johnson has declared a partial lockdown of the country, effective immediately

U.K. prime minister Boris Johnson has declared a partial lockdown of the country, effective immediately

In an address broadcast to the nation on Monday evening, Johnson urged Britons to stay home to save lives. The prime minister forbade leaving home for anything apart from shopping for basic necessities like food and medicines, medical needs, one form of exercise a day, and travelling to and from work for essential services only. […]

‘The sickest I’ve been’: 3 young people share what it’s like to have COVID-19

‘The sickest I’ve been’: 3 young people share what it’s like to have COVID-19

Some young people think they’re not at risk for severe coronavirus symptoms. Three young people dispel this myth with their own harrowing experiences. Public health officials have an important message for young people about the coronavirus outbreak: You can get seriously ill, too. According to the first study of nearly 2,500 U.S. cases, 20% of hospitalized patients […]

Coronavirus symptoms: Loss of sense of smell, taste added to list

Coronavirus symptoms: Loss of sense of smell, taste added to list

Research into Covid-19 indicates that, as well as a high temperature, a cough and breathing issues, anosmia and ageusia are also possible symptoms. As time goes by, scientists and medical experts are gaining a clearer picture of SARS-CoV-2 and Covid-19, the disease caused by the virus. The three key coronavirus symptoms identified so far are […]

The percentage drop so far in March for the Dow Jones Industrial Average (.DJI) would rank as its second-worst in history

The percentage drop so far in March for the Dow Jones Industrial Average (.DJI) would rank as its second-worst in history

The percentage drop so far in March for the Dow Jones Industrial Average (.DJI) would rank as its second-worst in history The month of March has rolled in like a ferocious lion for bullish stock-market investors, leaving little but carnage in its aftermath, as uncertainties about the effects of the coronavirus outbreak abound. The decline […]

United States Oil (USO) – Futures market points to negative open for U.S. stock markets, oil edges lower

United States Oil (USO) – Futures market points to negative open for U.S. stock markets, oil edges lower

United States Oil (USO) – Futures market points to negative open for U.S. stock markets, oil edges lower U.S. stock markets were set to plunge at the start of the trading week as the futures market suggested a negative start to trading. The move would come after the worst week of trading for North American […]

Ethereum: USD/ETH (ETH=) Mining Rigs Are Helping to Battle the Coronavirus

Ethereum: USD/ETH (ETH=)  Mining Rigs Are Helping to Battle the Coronavirus

Ethereum: USD/ETH (ETH=) Mining Rigs Are Helping to Battle the Coronavirus Several cryptocurrency mining projects – particularly those devoted to extracting new Ethereum tokens – have been pulled away from their mining duties and been made to turn their attention towards coronavirus research. Ethereum Mining Rigs Are Helping to Battle the Coronavirus The coronavirus was recently declared a global pandemic by […]

COVID-19 Panic Tests Bitcoin: USD/BTC (BTC=X) Uncorrelated Asset Narrative

COVID-19 Panic Tests Bitcoin: USD/BTC (BTC=X) Uncorrelated Asset Narrative

COVID-19 Panic Tests Bitcoin: USD/BTC (BTC=X) Uncorrelated Asset Narrative Bitcoin Trading Correlation with S&P 500 Reaches All-Time High Data from crypto analytics platform Coin Metrics shows that the correlation between the two top-ranked cryptos — Bitcoin and Ethereum, and the S&P 500 reached an all-time high (ATH) levels over the last 30 days. Like the Nasdaq and the Dow, […]

Treatment for the novel coronavirus continues to intensify

Treatment for the novel coronavirus continues to intensify

Treatment for the novel coronavirus continues to intensify The rush to find a treatment for the novel coronavirus continues to intensify as the number of diagnosed cases around the world grows significantly. Globally, there are at least 278,000 diagnosed cases with more than 11,000 virus-related deaths, according to Johns Hopkins University. The increase in COVID-19 numbers is […]

Coronavirus: Emirates staff take pay cut in their stride

Coronavirus: Emirates staff take pay cut in their stride

Staff at Emirates Airline have described taking a temporary pay cut as a far better option than being made redundant. Speaking on Monday, after the Dubai-based carrier announced it was suspending most passenger operations from March 25, employees said they welcomed the decision to reduce services. The outbreak of Covid-19 had led to airlines around […]

How Queen Elizabeth Is Running Royal Family Amid Coronavirus

How Queen Elizabeth Is Running Royal Family Amid Coronavirus

The coronavirus pandemic has forced millions around the world to practice social distancing and the royal family is no exception. It appears Queen Elizabeth is being forced to take special measures when it comes to communicating with members of the royal family. Since the number of coronavirus cases began to spike, the public has been encouraged to […]

Former Real Madrid president Lorenzo Sanz died Saturday from the new coronavirus

Former Real Madrid president Lorenzo Sanz died Saturday from the new coronavirus

Former Real Madrid president Lorenzo Sanz died Saturday from the new coronavirus, his family said. He was 76. Sanz had been in intensive care since the beginning of the week while being treated for the virus. Sanz presided over Madrid from 1995 until 2000, leading the club to two European titles, a Spanish league title and […]

Euro: USD/EUR (EUR=X) Economic Data, Economic Uncertainty

Euro: USD/EUR (EUR=X) Economic Data, Economic Uncertainty

Euro: USD/EUR (EUR=X) Economic Data, Economic Uncertainty On the Macro It’s a quieter week ahead on the economic calendar, with 51 stats to monitor in the week ending 28th March. In the week prior, 58 stats had been in focus. For the Dollar: It’s a busy week ahead for the greenback, with U.S data making up the […]

Japanese Yen: USD/JPY (JPY=X) – With Yen Falling, BOJ Not Expected to Bring Out Monetary Bazooka

Japanese Yen: USD/JPY (JPY=X) – With Yen Falling, BOJ Not Expected to Bring Out Monetary Bazooka

Japanese Yen: USD/JPY (JPY=X) – With Yen Falling, BOJ Not Expected to Bring Out Monetary Bazooka The Dollar/Yen closed higher on Friday and in a position to challenge it February 20 top at 112.226 and its April 24, 2019 main top at 112.405 as six major central banks announced a coordinated action to enhance liquidity […]

Australian Dollar: USD/AUD (AUD=X) Has Wild Week

Australian Dollar: USD/AUD (AUD=X) Has Wild Week

Australian Dollar: USD/AUD (AUD=X) Has Wild Week The Australian dollar initially tried to rally during the trading week but ran into a lot of resistance near the 0.63 handle. We then sliced through the 0.60 level and proceeded to crash towards the 0.55 handle. By bouncing from there, it suggests that there is a significant amount of […]

Gold 1 OZ (XAU=X) Could Be Building Support Base at Long-Term Retracement Zone

Gold 1 OZ (XAU=X) Could Be Building Support Base at Long-Term Retracement Zone

Gold 1 OZ (XAU=X) Could Be Building Support Base at Long-Term Retracement Zone Gold futures edged higher on Friday as selling eased in the global equity markets and demand for the U.S. Dollar softened. Despite the small uptick in prices, gold finished lower for the week as investors sold the precious metal to raise cash […]

Australia: S&P/ASX 200 (.AXJO) crashes 8% on lockdown measures

Australia: S&P/ASX 200 (.AXJO) crashes 8% on lockdown measures

Australia: S&P/ASX 200 (.AXJO) crashes 8% on lockdown measures After half an hour of trading the industrials, consumer discretionary and property trust indices had tumbled more than 9 per cent. Energy, Info tech and financials plummeted more than 8 per cent and telcos, health care and utilities fell more than 7 per cent. Consumer staples were […]

NASDAQ Composite (.IXIC) Climbs 2.3% as Stocks Swing Back from Rough Start

NASDAQ Composite (.IXIC) Climbs 2.3% as Stocks Swing Back from Rough Start

NASDAQ Composite (.IXIC) Climbs 2.3% as Stocks Swing Back from Rough Start We seemed poised for another sharp selloff this morning, but the volatility worked in our favor today as stocks swung sharply higher and closed in positive territory. Tech had an especially good session Thursday that sent the NASDAQ upward by 2.3% (or about […]

Bitcoin: USD/BTC (BTC=X) is on its way to reinstating its reputation as a safe haven asset

Bitcoin: USD/BTC (BTC=X) is on its way to reinstating its reputation as a safe haven asset

Bitcoin: USD/BTC (BTC=X) is on its way to reinstating its reputation as a safe haven asset Bitcoin is on its way to reinstating its reputation as a safe haven asset as it rallied by more than 10% in the past 24-hours. The sudden move to the upside coincided with a further correction in global stock […]

Facebook, Inc. (NASDAQ:FB) has been falsely flagging posts as spam

Facebook, Inc. (NASDAQ:FB) has been falsely flagging posts as spam

Facebook, Inc. (NASDAQ:FB) has been falsely flagging posts as spam Facebook, Inc. (NASDAQ: FB) has been falsely flagging posts as spam that are from a number of legitimate news organizations such as the BBC, Axios, The Atlantic and USA Today.  The issue seems to occur with posts that have too many external links, according to USA Today. […]

Tesla, Inc. (NASDAQ:TSLA) came roaring back

Tesla, Inc. (NASDAQ:TSLA) came roaring back

Tesla, Inc. (NASDAQ:TSLA) came roaring back Tesla stock (NASDAQ:TSLA) came roaring back on Tuesday’s early morning trading, bouncing as high as $434.54 per share amid news of an upgrade from Wall Street. In a recent note, Morgan Stanley analyst Adam Jonas upgraded Tesla from “Underperform” to “Equal-Weight,” while putting a $460 per share price target […]

Alphabet Inc. (NASDAQ:GOOG) European Workers Now Have a Bigger Say in Operations

Alphabet Inc. (NASDAQ:GOOG) European Workers Now Have a Bigger Say in Operations

Alphabet Inc. (NASDAQ:GOOG) European Workers Now Have a Bigger Say in Operations Alphabet‘s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google employees in Europe will have a bigger say in operations, with the internet search giant agreeing to the creation of a workers council. Once the council is up and running, in theory, it will give employees a say in business issues, including […]

1 2 3 82