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Economy News
US ADP Jobs report disappoints, Gold jumps, as dollar weakens
The ADP national employment change released today reported 390,000 new hires vs the forecasted 695,000. It’s a measure of the change in the non-farm
Top Tech Stocks to Buy: Visa, Microsoft, and Apple
Tech like Visa, Microsoft, and Apple reported their Q3 earnings in late July, expectations were high, and they did not disappoint investors. Visa’s quarter
Drone attacks and Delta Threatens Oil Demand
Oil was on the rise in July, and the price recovered to pre-pandemic levels, US WTI reaching $77 a barrel, in addition, US crude inventories were down as
SEC: “Virtual asset markets are anarchic”
Gary Gensler, chairman of the U.S Securities and Exchange Commission (SEC), criticized the virtual asset market, referring to it as the “Wild
Airbnb fined 300,000 euros for failing to inform consumers
According to the Repression of Fraud, Airbnb has been fined 300,000 euros for not adequately informing the consumer on his right of withdrawal when using
Toyota: results soar, but forecasts remain unchanged
Toyota has reported a very strong year-on-year increase in results for its first quarter of 2021/22. Due to numerous “uncertainties” for the
The ASX Index Is Modestly Inclined In Today’s Trade
The ASX Index Is Modestly Inclined In Today’s Trade on Wednesday. It recouped the majority of loss from earlier session, using the standard
Crude Oil Declines Today On COVID Concern
Crude Oil Declines Today On COVID Concern Wednesday. This was due to mounting issues that increasing spread of the Delta variation in consumer nations will
Shares in Asian Markets Were Up But Limited By COVID
Shares in Asian Markets Were Up But Limited By COVID. Investors digested the newest information which can be financial Asia. The United States’
XAU/USD seen shredding in red after the market open
The Investors and traders are keeping their eyeballs on the overall direction of XAU/USD. The commodity was seen shredding in red after the Monday market
GBPUSD Outlook Ahead of the BoE’s Monetary Policy Statement
The GBPUSD pair has been bullish this past week, hitting a weekly high close to 1.39822. Also, approaching the key 1.4000 level. The pound has been
Google also declared its “independence from semiconductors”
Google announced on the 2nd (local time) that it would make its own smartphone semiconductor called “Google Tensor”. The company is splitting
Generali: Q1 net profit doubles and exceeds expectations
Italian insurer Generali saw its net profit double in the first half of the year to $2 billion as its business recovered from the ravages of the Covid-19
Sanofi acquires Translate Bio, a messenger RNA specialist
Having recently announced major investments, Sanofi is stepping up its pace with a multi-billion-dollars acquisition of an American company in messenger
The ASX Index Had a Modestly Positive Day Today
The ASX Index Had a Modestly Positive Day Today. It has come down from an all-time high which it hit in yesterday’s trade. The benchmark S&P/ASX
