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Market News

Market News | News for Forex, Commodities and Indices | ZFX
Wall Street Sell-Off Continues, NASDAQ 100 Bearish in Short Term
Wall Street's Main Indexes Closed Lower on Wednesday Investors continued to stress concerning higher U.S. Treasury yields NASDAQ ended down 10.7% from its Nov, 19th closing record high The Nasdaq's closing correction become in early 2021, as soon as the tech-heavy index fell pretty 10% from Feb. twelve to March 8. it were the fourth time inside the 2 years for the reason that coronavirus pandemic cask international markets that the index has observed itself at some stage in a
20-01-2022 07:06
Market News | News for Forex, Commodities and Indices | ZFX
Microsoft Acquired Activision for $68.7 Billion Cash-Deal
Microsoft is Buying Activision in a $68.7 billion All-Cash Deal Microsoft Announced on Tuesday Microsoft Will Pay $95 per Share for Activision Shares of Activision ended the day up more than 25% on Tuesday at $82.31 per share Shares of Activision ended the day up more than 25% on Tuesday at $82.31 per share. Microsoft shares closed more than 2%. It would be Microsoft's biggest acquisition to date, followed by the 2016 takeover of LinkedIn for $26.2 billion. Activision, known for
19-01-2022 09:19
Market News | News for Forex, Commodities and Indices | ZFX
China promotes its digital economy through 6G and Big Data
China is planning to boost digital economy’s share in its gross domestic product by 2025 Driven by new technologies such as 6G and Big Data China anticipates users of 6G - the fastest internet connection speed - to grow from 6.4 million to 60 million by 2025 In fact, boosting internet connections and speeds is an element of China’s strategy to boost the digital economy’s share in its GDP. China is working to promote the industrial preparation and large-scale application of 5G, per
18-01-2022 10:21
Market News | News for Forex, Commodities and Indices | ZFX
China’s Economy Increased 8.1% from Last Year
China’s Financial System Grew 8.1% in 2021 in Comparison to a Year Ago Business Manufacturing Rose Progressively through the End of the Year Fourth-quarter GDP grew by 4% compared to a year ago According to China's National Bureau of Statistics, Q4 GDP rose by 4% since 2020. That's a lot better than the 3.6% forecast from Reuters poll. Last year, China Economist expected 8.4% increment in 2021 according to Wind Information. Industrial manufacturing rose through 4.3% in December from a
17-01-2022 06:16
Market News | News for Forex, Commodities and Indices | ZFX
NFT Artists Can Earn Millions, Here’s the Proof
Non-fungible Token (NFT) Digital Assets Have Become a New Object of Conversation in Today's World Community. Some artists earn millions of dollars from their sales, here's the following list of them: 1. The Merge (US$91,8 Million) Before 2021 ends, artist Pak's "The Merge" was for sale through the Nifty Gallery. The price was quite fantastic, about $91.8M, quoted by Business Insider. Interestingly, this work does not belong to one person. It was fractionated and balanced across 28,983
14-01-2022 06:55
Market News | News for Forex, Commodities and Indices | ZFX
CPI Increased 7%, US Inflation at its Highest Level
CPI Increased 7% According to the Labor Department Since last month, the Consumer Price Index rose by 0.5%. How did CPI is increasing a lot lately? That pressure was largely expected by many, however, and we can see this reaction in the bond market as longer-term rates fall so far this morning. Excluding food and energy prices, the so-called core CPI rose by 5.5% year-on-year and by 0.6% compared with the previous month. This contrasts with estimates of 5.4% and 0.5%. For core inflation,
13-01-2022 09:42
Market News | News for Forex, Commodities and Indices | ZFX
COVID Dwindles, Travelling Returns but Companies Can’t Cope
Tourists Unhappy Throughout Last 12 Months Travel Bookings and Inquiries are Surging Why are the travel industries returning in 2022? Travel in 2022 could be busier than it was before the pandemic, said Brandon Berkson, founding father of New York-based total tour company Hotels Above Par. "People need to make up for their vacation time," he said, including that clients expressed their interest in the next 12-month tour more than ever. Ben Drew, president of the TripAdvisor-owned tour
12-01-2022 08:29
Market News | News for Forex, Commodities and Indices | ZFX
US Headed for Best Economic Growth in Decades
Jamie Dimon Stated that the U.S. is Headed for the First-Rate Financial Increase in Decades. Longtime CEO and Chairman of JPMorgan Chase's confidence stems from the robust balance sheet of the American consumer. How's the US consumer balance sheet this year? JPMorgan is the largest U.S. financial institution through belongings and has relationships with 1/2 of the country’s households. “We’re going to have the first-rate increase we’ve ever had this 12 months, I assume due to the
11-01-2022 07:17
Market News | News for Forex, Commodities and Indices | ZFX
Positive Cases Doubled in 3 Days after Omicron Hits NYC
Positive Cases of Covid-19 in New York City, United States (US) Have Doubled in Just Three Days From December 9 to December 12, the percentage of positive tests in the city jumped from 3.9% to 7.8%. Where is omicron spreading the fastest in NYC? Citing CNBC International, positive cases increased as the new variant of Omicron spreads. According to data released Wednesday from the Centers for Disease Control and Prevention (CDC), New York and New Jersey are the two states with the fastest
10-01-2022 05:36
Market News | News for Forex, Commodities and Indices | ZFX
GameStop to Launch NFT and Cryptocurrency Marketplace
2021 Was the Year of NFT and Crypto Spaces; But What About 2022? GameStop is currently planning to launch its own NFT and Crypto Marketplace GameStop (NYSE:GME) jumped more than 22%. GameStop Corp launches a market development division for non-fungible tokens (NFT) and builds crypto asset partnerships. GameStop's move boosted its share price by 27 percent during the extension of trading time. GameStop surged in local after-hours trading Thursday on Wall Street as the video game company
07-01-2022 07:14