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Digital Currency Revolution Series: Bitcoin’s Functionality Amid Pandemic Crisis And Hedging Strategy

Apr 20, 2020 10:59 am UTC| Research & Analysis Digital Currency Insights & Views

While quite a few market participants among the crypto industry have been obsessed for another financial crisis just like 2008 to check the functionalities of the major cryptos of being uncorrelated and acting as a...

FxWIrePro: EUR/JPY Hedging Strategies Ahead of EU Summit And BoJ Monetary Policy

Apr 20, 2020 10:36 am UTC| Research & Analysis Central Banks Insights & Views

Today, the measures to combat the coronavirus in Germany will be eased for the first time. Further steps in this direction should follow. This will also shift the focus on the markets away from the extent of the slump...

Blockchain Revolution Series: Dentsu Partners With Kadokawa To Promote Content Creation By Deploying Blockchain Tech

Apr 20, 2020 07:26 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

Content creation and curation is the most essential requisite for the digital media/marketing businesses. Japans renowned advertising company is now making it easier to recognize content creators on popular apps as a...

COVID-19 exit strategy: why 'low risk' millennials should be released from lockdown first

Apr 18, 2020 06:39 am UTC| Insights & Views

Millennials who do not live with their parents should be the first people released from the UK coronavirus lockdown. That is the conclusion of our new research which is being studied in Whitehall by officials. The move...

How to build community while worshipping online

Apr 18, 2020 06:33 am UTC| Insights & Views

Calls for social distancing due to the coronavirus pandemic have forced churches to cancel weekly gatherings, with many church leaders moving worship online. To help facilitate this, church consulting groups and...

Digital Currency Revolution Series: Is Concept of Crypto Playing Its Role of Safe-Haven Amid Economic Crisis Owing To Pandemic Covid-19?

Apr 17, 2020 14:03 pm UTC| Research & Analysis Digital Currency Insights & Views

Bitcoin was incepted during the last financial crisis at a time of massive bank bailouts during 2008-09, inflation, and the central bank intervention. Q12020 was dominated by coronavirus, massive government stimulus...

FxWirePro: Turkish Lira On Verge Of Retesting All-Time Lows Despite CBT Intervention – Uphold USD/TRY Debit Call Spreads

Apr 17, 2020 13:09 pm UTC| Research & Analysis Central Banks Insights & Views

USDTRY has been edging ever closer to the 7.00 mark as predicted in our recent post despite the central bank combatting the trend using indirect FX interventions. CBTs own FX reserves have fallen to a low c.$27bn in net...

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Economy

Russia Stocks End Flat as Energy Shares Support MOEX Index

Russian stocks finished mixed after the close of trading in Moscow on Saturday, with the MOEX Russia Index ending the session unchanged at 0.00%. Market sentiment remained cautious as gains in select energy and utility...

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

U.S. President Donald Trump traveled to the battleground state of North Carolina on Friday to defend his economic policies and reassure voters that the U.S. economy remains on solid footing, as concerns grow ahead of a...

EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls

Ukraine welcomed a major European Union decision on Friday to provide 90 billion in financial support over the next two years, a move Kyiv says will significantly strengthen its economic resilience amid the ongoing war...

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

Politics

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

Australia marked a national day of reflection on Sunday to honour the victims of a deadly gun attack that struck a Hanukkah celebration at Sydneys Bondi Beach a week earlier, killing 15 people and injuring dozens more. The...

Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

The Venezuelan government has strongly condemned the seizure of a new oil tanker near its coast, accusing the United States of committing what it described as a serious act of international piracy. In an official statement...

Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

Tens of thousands of Bangladeshis gathered in Dhaka on Saturday to attend the funeral of Sharif Osman Hadi, a slain youth leader and election candidate whose killing has intensified political unrest ahead of the countrys...

U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

The United States has intercepted an oil tanker in international waters near Venezuela, intensifying tensions just days after President Donald Trump announced a total and complete blockade of sanctioned oil shipments...

Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

Alphabets Google and Apple have advised certain employees working in the United States on temporary visas to avoid international travel, as visa stamping delays at U.S. embassies and consulates can now stretch up to 12...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...