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.
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
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
Here’s What The Black Friday Carnage May Mean For The Stock Market’s Trade Monday, Analysts Say
The market crash on Black Friday, and the ensuing flight into assets that investors believe will perform better in the face of mobility constraints, has overshadowed the traditional focus on shopping on a day when consumers spend heavily before the Christmas holidays.
Stocks Discover
Cryptocurrencies Tumble As Coronavirus Variant Shakes Markets
After the discovery of a new, potentially vaccine-resistant coronavirus type, investors dumped riskier assets for the perceived safety of bonds, the yen, and the dollar, Bitcoin fell almost 9% on Friday, bringing smaller tokens down with it.
Crypto