European Central Bank ends quantitative easing and will raise rates
This will be the first time since 2011 that the European Central Bank has raised its key interest rates. ECB President Christine Lagarde confirmed this...
Japanese yen and Swiss franc are shining
The Japanese yen and the Swiss franc are increasingly sought out by investors as “safe havens” thanks to last month's events. In particular, the...
Bitcoin fights to remain at 5,000 level
Bitcoin was traded for more than $8,000 only a week ago
On Friday the 13th, bitcoin had half its original value. The oldest crypto currency...
Bitcoin Ownership Among US Crypto Owners at 81% In March 2021 Survey
Cryptocurrency ownership is on the rise in many parts of the world and in a recent survey of almost 3000 US adults, Bitcoin is...
The price of oil is at an eight-week high. Several factors came together that...
A barrel of brent-type oil is trading close to the $70 mark these days. That's the most in the past two months While initially pushing...
China’s economy beats expectations, but outlook suggests a significant slowdown
The gross domestic product of the world's second-largest economy grew more in the first quarter than analysts had expected. But other boom indicators suggest a...
The dollar weakened to a four-month low. Investors prefer riskier currencies
Investors are looking for a robust global economic recovery. But this makes them prefer currency that they rate as riskier than the US dollar. As a...
Uniper plans to shut down German coal power plants in 5 years
Energy company Uniper based in Düsseldorf plans to close down almost half of its European capacity
Uniper announced its plans in reaction to decision of...
US stocks are riding an optimistic wave. Banks and technology helped in the past week
The start of earnings season by two banking houses ensured that Wall Street stocks ended the past trading week in solid plus. Technology...
Bitcoin fell under $9,000 for a short period
However, Bitcoin return onto $9,000 shortly after and trading returned in a quiet, or even sleepy mode. The volume of trading wasn’t much different...
