China’s smartphone exports fell 6.4% in the January to October period from a year earlier. exported 642 million smartphones in the 10 months ended Oct. 31 exports +10% y/y to 81.1 million in October alone Data comes via China’s General Administration of Customs in a report China state-owned media from Yicai Global, a financial news
Cryptocurrencies will break out of their bubble and reach critical mass thanks to layer 2 blockchains – and a few other factors. READ TOO After 2021, we entered an era in cryptocurrencies where people stopped just talking about financial decentralization and started broadly discussing the tokenization of everything, thanks in part to non-fungible tokens (NFTs).
© Reuters. Investing.com – The U.S. dollar fell to a more than two-month low in early European trade Monday, adding to last week’s sharp losses on increased expectations that the Federal Reserve has completed its rate-hiking cycle. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other
Share: Reserve Bank of Australia (RBA) Governor Michele Bullock said on Tuesday that inflation will be the major challenge for the economy over the next two years. Key quotes “Underlying demand was fueling part of the inflation challenge, and it was not entirely a supply-driven issue.” “Says inflation is a crucial challenge in
JP Morgan expects Brent crude oil prices to remain flat in 2024, averaging $83 a barrel down in 2025, averaging $75 per barrel for this year, 2023 sees average $81 More: in 2023 demand is on track to grow by 1.9 million barrels a day, with non-OPEC supply is expected to surpass this with a
BITCOIN, CRYPTO KEY POINTS: READ MORE: Oil Price Forecast: Recovery Continues as Expectations for OPEC Cuts Grow Bitcoin prices continue to hold the high ground but the $38k level remains a stumbling block. The rumors that an ETF approval would come by the November 17th failed to come to fruition with Bloomberg ETF analyst James
American president justified the comment: “He is a man who runs a communist country” After a four-hour meeting in San Francisco, California, the American president Joe Biden called the Chinese leader Xi Jinping in “dictator” . For Biden, “he is a dictator in the sense that he is a man who runs a country that is communist” . The American also said that
© Reuters. The dollar showed signs of weakness today, with the pair falling from a high of 148.70 in Asia to a low of 148.10 in Europe, even as U.S. Treasury yields edged up nearly four basis points to 4.480%. This divergence occurred amidst a mixed performance in European equities and stable , suggesting a
Share: NZD/JPY sits at 89.50, noting minor losses as market sentiment skews somewhat bearish Subdued buying momentum is signalled by the RSI’s negative gradient on the daily chart and the diminishing green bars of the MACD histogram. On the broader context, the pair’s ascendancy above the 20, 100, 200-day SMA suggests bullish control.
Gold, Silver Analysis Gold eases after last week’s advance – quieter week on the economic calendar FOMC minutes and reports of a new phase in the Israel-Hamas war present potential catalysts Silver encounters a challenge at channel resistance The analysis in this article makes use of chart patterns and key support and resistance levels. For
