Forex Tracking Rates Explained | Why CAD and GBP was Strong? (June 3, 2021) Forex Trade Signal Review
Both the Canadian Dollar and the British Pound was strong yesterday and this is the reason why we created a video about why and how it happened. As a Filipino Forex Trader, we must understand that the currency’s strength is determined by the interaction of a variety of local and international factors such as the demand […]
Joe Biden’s attack on fossil fuel, earlier than expected
Bloomberg News — Oil and gas companies knew they would face a fight with President Joe Biden, who had campaigned on tackling climate change. Nobody expected fossil fuel to come under such an immediate attack. Biden didn’t quietly sidetrack the Keystone XL pipeline with legal maneuvers. The new president yanked the permit on his very […]
Canadian Consumers perceive higher inflation ~ Bank of Canada
OTTAWA — A sizable segment of the Canadian population believe inflation is higher than the actual measured rate, and that is partly attributed to a run up in housing prices in major Canadian cities, a senior Bank of Canada official said. Lawrence Schembri, a deputy governor at the central bank, said the central bank must […]
Convalescent Plasma: Covid-19 vaccine boost investor sentiment, Wall Street Rally
Investors were encouraged by an emergency authorization on Sunday by President Donald Trump to use convalescent plasma to treat Covid-19 patients. Trump was formally nominated on Monday for a second term in the White House in the Republican National Convention. The FDA determined that it is reasonable to believe that COVID-19 convalescent plasma may be effective […]
The Mobile App Robinhood Is Shaking Up the Stocks Trading Industry
As millions of new traders sign up for the investment app Robinhood, the company is facing scrutiny for enabling some inexperienced users to make risky bets. WSJ spoke with a financial education professional and two Robinhood traders about how the app is shaking up the brokerage industry. Robinhood’s claim to fame is that they do […]
Which countries hold the most Gold reserves in the world? Here are the Top 10
In times of uncertainty, gold has long been touted as a ‘safe haven’ – and never more so than during times of financial crisis like the one the Covid-19 pandemic has triggered worldwide. Gold has always been an important part of foreign reserves of nations across the globe. While the ‘gold standard’ was abandoned in […]