China Stocks are About to Jump
It’s Wednesday, my fellow traders! The day is filled with news and events you need to know, and here’re some of them.
Tag - china
Alibaba's Success and Bullish Forecasts for China from Top Agencies
Goldman Sachs turns bullish on China, news from ECB, and Twitter's drama - everything you need to know in one place!
Markets Assess US-China meeting
Hong Kong’s HK 50 index rose and the Chinese yuan edged up as traders assess the outcome of the first virtual meeting between US President Joe Biden and Chinese leader Xi Jinping.
Crytpo Becomes Illegal in China
It’s unbelievable but China’s government prohibited all transactions with cryptocurrencies.
Why Everyone Is So Concerned About Evergrande?
You have probably heard of China’s company Evergrande which can’t pay its bills and may collapse. But why does this company have such a strong impact on the global markets?
Stock Market Recovers, Fed Meeting Is Eyed
A selloff in stocks stopped. S&P 500 has reversed up from the 100-day moving average. It should be the perfect time to buy the index.
Strong US Retail Sales Pressed Gold
The US showed strong retail sales for August despite the spread of the Delta virus strain. As a result, the US dollar rocketed and gold dropped by 2286 points in half an hour after the release.
Trade Ideas on September 6-10
Bitcoin At the end of the past week, Bitcoin broke through the big resistance level of $50 400 and reached $51 500 after the worse-than-expected US labor data…
Major Gaming Industry Outlook
New technologies, game modes, places to play or watch others’ games are emerging continuously. What can be expected from the gaming industry, and what can we learn from the revived trend – in our new article.
Weak USD, Gold and China's Stocks Recover
The Fed held a much-awaited meeting yesterday. The bank hasn’t made any policy changes. As a result, the USD weakened and EUR/USD rocketed. Jump in to know all the latest news!
Hong Kong Index and Gold Dropped, Tesla Reported Strong Earnings
Hong Kong stock index extended a decline sparked by China’s tech crackdown. Tesla posted better-than-expected results. Jump in!
China's Tech Selloff
China’s tech companies have lost $823 billion in total since their February highs. The losses are huge! What’s the reason?