According to Global Times Editor in Chief Hu Xijin, China threatened retaliation if all Chinese journalists based in the US are forced to leave the country, including targeting US journalists in Hong Kong. Hu said: “Given that the US side hasn’t renewed visa of Chinese journalists, Chinese side has prepared for the worst scenario that
Sales of Ripple’s XRP token in Q2 surged after hitting a low in the first quarter, while the firm’s On-Demand Liquidity network remains popular. According to Ripple’s quarterly report released on August 3, sales of the firm’s XRP token were 18.6 times higher in Q2 2020 compared to Q1. The crypto firm stated XRP sales
Editor-in-chief of the Global Times Hu Xijin with the tweet: From what I know, given that the US side hasn’t renewed visa of Chinese journalists, Chinese side has prepared for the worst scenario that all Chinese journalists have to leave the US. If that’s the case, Chinese side will retaliate, including targeting US journalists based in
Gold prices retreated from a record high on Monday after the dollar strengthened and investors booked some profits, with the focus now on proposals for new US coronavirus aid to extend relief benefits to jobless Americans. Spot gold fell 0.3% to $1,969.74 per ounce at 12:33 p.m. EDT (1633 GMT), having earlier hit a record
Trading in forex markets is rather subdued today in overall mixed mood. Better than expected manufacturing data provides little lift to sentiments. Coronavirus curfew in Australia’s Victoria state is also shrugged off. Instead, traders are generally cautious ahead of a very busy week. RBA and BoE will meeting while tons of heavy weight data like
The economy faces a bumpy ride as it tries to heal from the shock of the coronavirus recession, according to Michelle Meyer, head of U.S. economics at Bank of America. In a CNBC interview, Meyer said the U.S. economy has entered the third stage of the coronavirus pandemic called the “healing phase,” after the lockdown
Chevron on Friday reported an $8.3 billion loss in the second quarter as the coronavirus “significantly reduced demand.” Amid a historic drop in oil prices, the company’s average price per barrel of oil and natural gas liquids fell more than 60% year over year. The oil giant lost $1.59 per share on an adjusted basis, while
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High price today reached is 10883.633. The high close of 10767.09 is also broken The NASDAQ index is stretching to yet another all-time high. The price has extended up to 10883.63. The current price is trading at 10874. The move to the upside has extended above its high close at 10767.09 and also above the
The economic activity in the US’ manufacturing sector expanded at a stronger pace in July than it did in June with the ISM’s Manufacturing Purchasing Managers’ Index (PMI) improving from 52.6 to 54.2. This reading came in better than the market expectation of 53.6. Further details of the publication revealed that the New Orders Index rose
Oracle platforms, which provide links between blockchain smart contracts and trusted sources of real-world data, are a crucial component of many decentralized finance — or DeFi — applications. With the meteoric rise of Chainlink (LINK) this year, one might be forgiven for thinking that it has the market all sewn up. But DeFi-focused challenger DIA
Rise in virus cases isn’t helping the mood The Australian dollar is down a half-cent to start the week as concerns grew about a local outbreak. The Melbourne area has been put on stage four lockdown with an 8 pm curfew and no leaving the home except for essentials. That has combined with a broad
Bullion and agricultural commodities were traded higher in Monday’s morning trade, while base metal and energy pack were mixed following global cues. MCX Gold and MCX Silver were up 0.35 per cent and 1.27 per cent, respectively. Meanwhile, crude oil was down 0.32 per cent in the international market. NCDEX Agridex, an agricultural futures index
Dollar starts the month with a much firmer footing, trading broadly higher as the strongest one so far. The rally is particular against Swiss Franc, which is currently the weakest one. Yet the greenback will firstly need to overcome some near term technical levels to convince traders about its underlying strength. Secondly, Dollar will face
Adam Jeffery | CNBC Clorox beat market estimates for quarterly net sales on Monday, as U.S. households spent more on disinfectant and other cleaning products due to the Covid-19 pandemic. The company, which makes bleach and a wide range of household cleaning sprays and disinfectants, also said President Linda Rendle would be its chief executive officer
New lows for EUR, JPY, CHF, AUD, NZD him There is some more dollar buying as London traders exit. The EUR, JPY, CHF, AUD and NZD have all just moved to new session lows vs. the greenback. The USDCAD has moved back higher after quickly dipping below the 100 hour moving average and failing. The GBPUSD is reluctantly moving