Crude oil prices are up more than 2% today after Russia said it planned to reduce crude production by 500K bpd in March. As of today, we are fully selling the entire volume of oil produced, however, as stated earlier, we will not sell oil to those who directly or indirectly adhere to the principles
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The markets are overall staying in directionless mode for now. Dollar’s selloff overnight didn’t last, as risk rally faded quickly. The greenback in actually the strongest one in Asian session, while Aussie and Kiwi are the weakest, indicating some risk aversion. As for the week, Sterling is so far the best performer, followed by Swiss
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In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT SMIC’s 14nm chip yield has reached industry production level. Future Publishing | Getty Images China’s biggest chipmaker Semiconductor Manufacturing International Corp. posted record revenue in 2022, despite ongoing U.S. sanctions, but warned of a more difficult year ahead given a slump in the semiconductor industry.
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Dollar sellers are back in control today, as markets appear to turn back into risk-on mode. In particular, FTSE is hitting another record high. The greenback is still inversely coupled to risk sentiment. Swiss Franc and Canadian are trailing Dollar as the next weakest. On the other hand, Kiwi and Aussie are the strongest, followed
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In this article USDT.CM= Follow your favorite stocksCREATE FREE ACCOUNT Tether previously claimed its stablecoin was backed 1-to-1 by U.S. dollars. Justin Tallis | Afp | Getty Images Tether on Thursday published its latest quarterly financials, with the world’s top stablecoin issuer stating publicly for the first time that it generated a profit.  Tether, which
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Share: AUD/USD holds onto the previous day’s bearish technical confirmation as China data favored bears. China CPI, PPI both disappoint with softer numbers for January. Downside break of weekly ascending trend channel, U-turn from 200-HMA favor sellers. 50-HMA joins channel’s support line to challenge immediate recovery near 0.6960. AUD/USD retreats from intraday high surrounding 0.6950
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In this week’s episode of Market Talks, Cointelegraph welcomes Average Joe’s Crypto, a research analyst and writer. He authors his own blog, which focuses on all things crypto, Web3 and decentralized finance (DeFi). Without wasting any time, we jump straight into why artificial intelligence (AI) tokens have been going parabolic recently. Why have tokens that
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