Latest News
Our news section is a meticulously compiled repository of the latest events, updates, and emerging trends spanning the dynamic industries of Liquidity, Forex, Cryptocurrency, and FinTech and serves as an informative platform for those seeking to keep up-to-date with the rapidly evolving landscapes of these sectors. This curated collection acts as a hub, capturing the pulse of these industries and ensuring our readers are always at the forefront of the latest developments.
Panic Selling Grips Chinese Stocks In Biggest Plunge Since 2008
On Monday, the Hang Seng China Enterprises Index fell 7.2%, the most since November 2008. The Hang Sang Technology Index fell 11%, the biggest drop since the index's inception in July 2020, wiping off $2.1 trillion in value from a year-ago high.
Stocks
Pepsi, McDonald’s, and 8 Other Companies That Have a Lot to Lose in Russia
The raw materials are used as inputs by a diverse range of businesses located both in and outside of Russia. Some on Wall Street are also concerned about the effect on consumer demand if Americans see increased gasoline prices.
Banks and Finance
Morning Brief: Crypto Regulation, Best Stocks of the Week, And the Rise of Covid-19 Cases
The drive comes as authorities are trying to develop laws to protect investors in the cryptocurrency sector and defend against criminal conduct or financial instability. President Biden on Wednesday signed an executive order tasking government agencies with a thorough study of cryptocurrencies.
Crypto
Norway’s Central Bank Sells Apple Stock. It Bought Nvidia, Plug Power, And NIO
Norges Bank sold Apple shares in the fourth quarter and purchased shares in Nvidia, Plug Power, and NIO. Among other things, the bank revealed the stock purchases in an updated form filed last week with the Securities and Exchange Commission.
Stocks
Fed To Start Rate Hikes With License To Turn Aggressive Later
Already on the verge of tightening monetary policy in the face of the sharpest consumer price increases since 1982, Powell and central bankers now face the economic impact from the conflict, which promises to strike a double blow of slower growth and even faster inflation.
Banks and Finance
Oil Prices Are Slipping Again. Expect Volatility In Crude
The sharp drop in prices on Wednesday was fueled by hope about a diplomatic solution to the Ukraine crisis. The United Arab Emirates appeared to have urged OPEC+ to raise production, leading to accelerated declines.
Banks and Finance Discover
Oil Slumps With OPEC+ And Ukraine Headlines Sparking Huge Swings
Russia is a key exporter of refined goods to Europe, and the fear of a regional fuel supply shortage has thrown diesel markets into a frenzy. According to official statistics, distillate stockpiles in the United States dropped to their lowest level since November 2014, falling 5.23 million barrels.
Banks and Finance
Expert Opinion: Bitcoin and Other Cryptos Soar. There Are Big Hopes for Biden’s Executive Order.
Bitcoin, the most popular cryptocurrency, went up 9% in the last 24 hours to nearly $42,000, according to CoinDesk statistics. Ether, a smaller rival, also increased substantially, jumping 7% to $2,750.
Crypto
Expert Opinion: Google to Buy Mandiant for $5.4 Billion, or $23 per Share
"With cyber-attacks increasing daily and cyber warfare being waged by state-sponsored cyber-terrorism organizations, Google is doubling down on its cyber security footprint at the right time with Mandiant and attempting to differentiate itself in the cloud arms race from the likes of Microsoft and Amazon," wrote Wedbush analyst Dan Ives.
Stocks
