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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.
Oil Gains And Stocks Tick Up As OPEC Meet On Omicron
Oil prices rose strongly on Wednesday in London, recovering from the losses the day before as OPEC held a virtual meeting. The group convened at 1 p.m. GMT to shed some light on the possible impact on fuel demand while the globe examines the potential negative consequences caused by the Omicron strain.
Stocks
Eurozone Factory Growth Picked Up in November But Inflationary Pressures Mounted
According to a survey, manufacturing growth in the eurozone accelerated modestly last month, but supply chain bottlenecks deteriorated, limiting production and driving raw material costs up at the quickest rate in over two decades.
Stocks
Cryptocurrencies Brace For Winter, Virtual Adidas And a Bitcoin City
Cryptocurrencies survived one of the largest market shocks since the earliest days of the pandemic last week, with El Salvador a notable dip buyer, while investors decided not to share Adidas' excitement over a foray into the buzzy metaverse.
Crypto
Omicron Batters Crypto Market, Bitcoin Loses Grip
Bitcoin was no haven for investors on a day when a new variant of coronavirus wreaked havoc on the world's financial markets.
The new strain, which was initially discovered in South Africa, is now identified in nations throughout Europe and the Middle East.
Crypto
Oil Prices Claw Back Some of Friday’s Route, As OPEC Reportedly Set to Delay Technical Meetings
Oil prices increased Monday, but only partly recovered from late-week losses as markets evaluated a new form of coronavirus. Additionally, investors are anticipating this week's OPEC meeting, which was purportedly postponed because of recent price volatility.
Stocks
Opinion: More Americans Have $1 Million Saved For Retirement Than Ever Before
Here's something to be excited about: more Americans than ever before have $1 million or more in their retirement funds. According to the latest numbers from Fidelity Investments, this is the case.
Banks and Finance Discover
Biden is Risking an Oil-Price War
President Biden's decision to release oil from a national reserve should bring some comfort to drivers who are paying an average of $3.50 per gallon to fill up. The recovery from the economic slump has been slowed by a 50 percent increase in gasoline costs over the last year, angering drivers. Gas prices will be pushed lower as more oil is released into the market.
Banks and Finance