The crypto market is going through a bloodbath. It has crashed from its all-time high of $2.8 trillion market capitalization to $1.2 trillion, halving its global market capitalization value. Volatility is the bread and butter of the cryptocurrency market. But these days it’s in absolute shambles as Bitcoin, the largest cryptocurrency that the rest of crypto market tends to tailgate, keeps plummeting partly because of its heavy correlation to the stock market. Also, the recent explosion of Terra-Luna has factored in the recent crash.
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Get Daily Market Outlook for the Global and local financial update, Stock market News, Latest commodities market outlook | Capital Street Fx | Forex Time | Octafx | FXTM | Best Forex Brokers.
Get Daily Market Outlook for the Global and local financial update, Stock market News, Latest commodities market outlook | Capital Street Fx | Forex Time | Octafx | FXTM | Best Forex Brokers
Get Daily Market Outlook for the Global and local financial update, Stock market News, Latest commodities market outlook | Capital Street Fx | Forex Time | Octafx | FXTM | Best Forex Brokers.
In the weekly charts, ROYAL DUTCH SHELL is trading in an up channel. ROYAL DUTCH SHELL is currently trading above all SMA.
RSI is in buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.
RSI is in buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.
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Investing in foreign exchange is a tremendous way to diversify your investment portfolio. Foreign exchange trading is, however, a little bit more complicated than trading stocks, commodities, cryptocurrencies, etc. With a daily turnover of $5 trillion, the foreign exchange market is one of the most liquid markets. Predominately dominated by banks and institutional investors, the foreign exchange market has become more accessible to everyone with the rise of online brokerages and readily available margin-trading accounts.
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Get Daily Market Outlook for the Global and local financial update, Stock market News, Latest commodities market outlook | Capital Street Fx | Forex Time | Octafx | FXTM | Best Forex Brokers.
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The prices of stocks are fluid and constantly changing. The price that you see at any point of the day is the last traded price of the stock/share. Stock exchanges facilitate trade in stocks by matching sellers with buyers and buyers with sellers. You may have noticed that stock prices change even when the market is closed. In this article, we will analyze why this phenomenon occurs.
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In the past, people have flocked to gold as a safe haven asset during periods of economic instability and currency depreciation, making it likely that demand and price would rise over the next five years.
WHAT HAPPENED: The Composite PMI Index measures the activity level of purchasing managers in the both sectors. A reading above 50 indicates expansion in the sector; a reading below 50 indicates contraction.
GBPAUD is trading in the down channel. Further downside can be seen in the coming week.
GBPAUD is trading in the down channel. Further downside can be seen in the coming week.
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Get Daily Market Outlook for the Global and local financial update, Stock market News, Latest commodities market outlook | Capital Street Fx | Forex Time | Octafx | FXTM | Best Forex Brokers
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The slide in the yen back toward the key psychological 140 per-dollar level is reigniting chatter on the likelihood that officials will intervene to support the Japanese currency.
With traders refocusing on Japan’s interest-rate gap with the rest of the world amid a chorus line of hawkish Federal Reserve commentary, the yen has tumbled close to 4% this month and traded around the 138.50 level Tuesday. That’s a hair’s breadth from a fresh 24-year low and the 140 level which some market watchers have flagged as key for policymakers.
With traders refocusing on Japan’s interest-rate gap with the rest of the world amid a chorus line of hawkish Federal Reserve commentary, the yen has tumbled close to 4% this month and traded around the 138.50 level Tuesday. That’s a hair’s breadth from a fresh 24-year low and the 140 level which some market watchers have flagged as key for policymakers.
Australia Stocks Higher At Close Of Trade; S&P/ASX 200 Up 0.21%
Australia stocks were higher after the close on Thursday, as gains in the Energy, Financials and Resources sectors led shares higher.
At the close in Sydney, the S&P/ASX 200 rose 0.21%.
Australia stocks were higher after the close on Thursday, as gains in the Energy, Financials and Resources sectors led shares higher.
At the close in Sydney, the S&P/ASX 200 rose 0.21%.