June 11, 2023 1:42 pm
According to digital assets data provider Kaiko, Bitcoin traded at a slight discount on Binance.US during the June 9 trading hours. The drop followed the exchange’s decision to suspend fiat trading channels beginning June 13. #BTC now trades at a slight discount on https://t.co/pup2WYms9R after news broke that the exchange may halt USD withdrawals 🚨 […]
Read moreJune 10, 2023 8:30 am
Key moments *Chevron, a U.S.-based oil company, plans to invest over $500 million in the Trapial block within the Vaca Muerta shale basin in Argentina’s western Neuquen province. *The investment announcement followed a meeting between Economy Minister Sergio Massa and Chevron officials. *The Trapial block covers an area of 109 square miles (283 square kilometers). […]
Read moreJune 9, 2023 2:37 pm
This Thursday, June 8, Tesla (NASDAQ:TSLA) and General Motors (NYSE:GM) announced their partnership in the EV charging sector, allowing for GM EV’s to be charged at Tesla stations. This sparked a decline in EV charging companies stock. In their partnership, GM follows in the footsteps of rival Ford Motor (NYSE:F) by teaming up with Tesla […]
Read moreMay 26, 2023 9:21 am
Neuralink, a brain implant startup owned by Elon Musk, declared that the FDA had approved their first in-human clinical trial. This milestone follows prior struggles for the company to acquire the approval. The company reported this in a tweet on May 25, 2023: We are excited to share that we have received the FDA’s approval […]
Read moreMay 28, 2013 9:10 am
The New Zealand dollar gained positions against its US counterpart during relatively calm trade session on Tuesday. The pair hit 0.8120 during European session, highest value for today, after which consolidation followed at 0.8111-0.8115. Support levels were expected at 0.8006, lowest from May 23rd, while resistance was to be met at 0.8171, highest from May […]
Read moreMay 28, 2013 8:40 am
European stocks reported a climb in recent in benchmark indexes as EURO STOXX 50 raised 1.34%, CAC 40 jumped by 1.32%, DAX 30 rallied 1.25%. There is still a trend of cautiousness among investors as they consider Fed move towards reducing stimulus in upcoming months. Financial stocks were among the gainers as BNP Paribas and […]
Read moreMay 28, 2013 7:17 am
US dollar expanded positions against its major peers during early European trade on Tuesday in expectation of crucial data from the United States. The dollar index, which gauges US currency performance against a basket of six other major currencies, rose to 83.99, adding 0.1%, as speculations appeared that potentially good fundamentals from US, could encourage […]
Read moreMay 28, 2013 6:43 am
Oil prices fell for a fifth straight day amid U.A.E. forecast for a “relatively weak” global demand. WTI futures closed the week ending on May 24 with a 2% weekly drop. WTI for July delivery dropped 92 cents to $93.23 a barrel on the New York Mercantile Exchange in Asian trading. OPEC, which accounts for […]
Read moreMay 27, 2013 1:15 pm
European Stocks rebounded today from a last weeks significant drop. Car manufacturer Fiat was among the leading gainers showing indications of buying out Chryslers US unit. However, many investors were positioning for a market pullback expecting that a possible decrease of US stimulus could result in a drop of market prices. The benchmark European indexes […]
Read moreMay 27, 2013 12:08 pm
The Nobel prize winner economist Joseph Stiglitz confirmed Bernankes testimony that cutting the stimulus package would be a step taken too early for the economy considering its recent stability. Bloomberg cited Stiglitz saying “Its the only stimulus” he stated on 25th of May, “Clearly the economy is not back to normal, and to accept this […]
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