Market comment
Market comment on behalf of Ruben Ferreira - Head of Portuguese Operations at FlowCommunity
Gold remains under pressure, declining for three consecutive sessions to its lowest level in a month, largely due to a stronger U.S. dollar and reduced safe-haven demand. Amid the broader market reassessment of fiscal and monetary strategies following Trump re-election, there is a marked rotation into riskier assets as market participants...
Bitcoin’s 5-year ROI outperforms major banks stocks’ by over 4000% on average
Bitcoin's growth in recent years has resulted in investors reaping significant returns with...
Combined Market Cap of World's Largest Airlines Plunges by $12B as COVID-19 Cases Climb
Airline companies are still far from pre-pandemic profit and sales as...
The Number of Cryptocurrencies Almost Doubled Since 2019 and Hit Over 5,300
Over the last eight years, the number of cryptocurrencies circulating in the crypto...
Market Cap of the Big Five Companies Surged by 52% YoY to $7.8T, Amazon Leads with a $700B Increase
After their impressive performance throughout the...
World's Five Largest Gold Producing Companies Hit $157.7bn in Market Cap, a 73% Jump Since January
Although the Covid-19 outbreak disrupted gold mine production and...