The US Dollar Extended Losses Amid Trade Policy Risk
Market analysis on behalf of Konstantinos Chrysikos Head of Customer Relationship Management at Kudotrade
The US Dollar started the week in the red, hovering near a three-year low, as investors grappled with conflicting signals from Washington on trade policy. While President Trump announced a tariff exemption for smartphones, computers, and other tech products under the new “reciprocal”...
Gold Moves Higher Amid Safe Haven Demand
Markets analysis on behalf of Hassan Fawaz Chairman & Founder of GivTrade
Gold prices extended gains on Thursday, rebounding further from last week’s correction as safe-haven demand remained robust. Yesterday, the precious metal rose 3%, following President Donald Trump’s decision to raise tariffs on Chinese imports to 125%, intensifying tensions between the world’s two largest economies. While Washington introduced...
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...
