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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.
Alibaba and JD.com Head for Record Gains. What Sparked the Turnaround for Chinese Stocks.
On Wednesday, shares of some of China's major corporations soared to record highs following reports that the government will support the stock market, stimulate economic development, and ease an onerous regulatory environment.
Stocks
The S&P 500 Just Hit a ‘Death Cross.’ Why It’s Good News for the Stock Market
It’s an indication that something is up in the market, if anybody needs further evidence. In normal times, when stocks are growing, the average of recent prices is greater than the figure for 200 days since the longer-term statistic includes periods when equities were lower.
Stocks
Morning Brief: From Housing Inflation, Bitcoin Leaving to Supplies Disaster
The cheapest Model 3 in the U.S. is currently $46,990, according to Tesla’s website. The business hiked pricing by 3 percent to 5 percent in both the U.S. and China, Dan Levy, a Credit Suisse analyst, wrote in a letter to clients.
Crypto
Oil Prices Tumble Below $100 And Keep Falling. Here’s Why
US crude oil finished Friday at $109 a barrel but has already lost over 10% this week. It surpassed $125 last week. Brent oil futures, the worldwide standard, fell over 6% Tuesday, to $99.60 a barrel, after nearly reaching $130 last week.
Banks and Finance
Supply Chains: ‘Complete Chaos For The Shipping Industry’ Amid Russia-Ukraine War And China Lockdowns
And on Tuesday, after Russia's approval of legislation that allows local airlines to retain aircraft leased from foreign corporations, Maersk said that it is attempting to get tens of thousands of shipping containers out of the country.
Banks and Finance
U.S. Refining Stocks Have a New Edge. These Stocks Are Up Sharply
Refinery stocks in the United States have performed nicely this year. PBF Energy (PBF) has increased by 68 percent, Valero Energy (VLO) and Marathon Petroleum (MPC) have both increased by 17 percent, and Phillips 66 (PSX) has increased by 4.5 percent.
Stocks Discover
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 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