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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.
Market Strategists Split on ‘Buying Opportunity’ After Post-Thanksgiving Selloff
Following the Dow Jones Industrial Average's (DJI) worst daily drop of the year, market experts were split on whether Friday was a good buying opportunity. The index fell almost 900 points, while the wider S&P 500 (GSPC) index fell 2.27 percent.
Stocks
Stock Market News Live Updates: Wall Street Rocked By New COVID Variant Fears, Dow Plunges Over 900 points
Global markets were jolted on Friday by the discovery of a new coronavirus variety in South Africa, which fueled fears that further growth-stifling lockdowns might be enforced if the type spreads extensively.
Stocks
Goldman Sachs: Use These 5 High Growth Stocks To Shield Yourself From Rising Interest Rates
The stock market is often threatened by rising interest rates, but not all equities are created equal. According to Goldman Sachs, one sort of stock should keep going well as interest rates rise: high-yield growth stocks.
Banks and Finance
As Germany’s Business Confidence Deteriorates, The Euro Slides to July 2020 Lows
The euro sank on Wednesday as a poll revealed that German business confidence declined in November, while the Turkish currency stayed under pressure as President Tayyip Erdogan supported interest rate cuts despite rising inflation.
Forex
Japan Will Spend $313 Billion In Additional Budgetary Funds Due To Tax Revenue Overshoots
Japan is likely to submit an additional budget for fiscal 2021 on Friday, with spending of $313 billion, according to a draft obtained by Reuters, while maintaining market issuance of interest-bearing bonds stable as it concentrates efforts to mitigate the impact of the coronavirus outbreak.
Banks and Finance Discover
China Asks Didi to Delist From U.S. On Security Fears
According to sources familiar with the case, Chinese officials have ordered Didi Global Inc.'s senior executives to design a strategy to delist from U.S. exchanges, an extraordinary request that is certain to reignite anxieties about Beijing's ambitions for its colossal tech industry.
Banks and Finance