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...
Gold Declines, Eyes on Upcoming US Data
Market analysis on behalf of Mazen Salhab Chief Market Strategist MENA in BDSwiss
Gold prices dropped to their lowest...
The Current US Minimum Wage of $7.50
Stocklytics.com reveals that at $7.50 per hour, the current minimum wage has the lowest purchasing power since 1945.
Edith Reads,...
US and China dominate global high value VC funding deals volume with 70% share in 2023
Global deal activity, encompassing venture capital (VC) funding, remained subdued...
China to Restrict Graphite Product Exports
China decided to implement strict controls on graphite product exports Friday, citing national security and protecting national interest as...
Five US Billionaires Added $355B to Their Collective Wealth Amid COVID-19 Crisis
The US top billionaires did extremely well during the COVID-19 pandemic, growing their...
Excess of crude supply already suppressed from US market
Following Energy Information Administration’s release of official weekly data on stocks, demand and supply of US...
43% US Risk Professionals Say Cyber Incidents will Thrive in 2020
Data gathered and analyzed by Atlas VPN shows that 43% of business professionals predict...