News

May 11
Oil prices fell on Monday; fears of 2nd coronavirus wave

Oil prices fell on Monday as concern over a persistent glut and economic gloom caused by the coronavirus pandemic combined to cancel out support from supply cuts at some of the world’s top producers. Brent crude futures were down 29 cents, or 0.9%, at $30.68 a barrel. U.S. West Texas Intermediate crude futures fell 17 cents, […]

May 11
The Bank of Russia has recorded higher activity of illegal forex dealers

The Bank of Russia has recorded higher activity of illegal forex dealers offering their services online against the background of anti-pandemic restrictions and high volatility in financial markets. Many of these companies are registered abroad and are operating from foreign web resources. Almost all consumers entrusting their funds to such forex dealers ultimately lose their money. Illegal creditors have also increased their activity. Exploiting the fact that a lot of people […]

May 08
Global stocks rise as US and China play nice on trade

Global stocks are climbing on signs that China and the United States might avoid another bruising confrontation over trade. “Given the recent rising tensions between the U.S. and China surrounding Covid-19, investors are likely comforted to see that both sides are still working toward implementing the phase-one deal,” said Takeo Kamai, head of execution services […]

May 07
Asian shares mixed after Wall St dips on pandemic worries

Asian shares were mixed Thursday after a decline on Wall Street after more depressing data rolled in on the devastation sweeping the global economy. Asian Shares “Asian stocks are off to a sluggish start following gloomy COVID-19 figures, dismal U.S. private payroll data, Trump’s tough talk on China, and as Japan returns from Golden Week […]

May 07
Dutch Central Bank Gives 2 Weeks to Crypto Firms to Register

Dutch crypto companies must register with the Netherlands’ central bank by May 18 or cease operations immediately, the monetary authority said Monday. De Nederlandsche Bank (DNB) is moving to quickly enforce enhanced Dutch anti-money laundering (AML) laws, which passed the Dutch Parliament last month to comply with the European Union’s AML directives and standards set […]

May 06
U.S. stock futures, Chinese shares slip, Οil falters

Stocks struggled and the yen gained on Wednesday, with markets in China faltering on their return from a long holiday as investors fretted over Sino-U.S. tensions, while oil ended an extended winning streak on oversupply risks amid weak demand. Stocks Wall Street futures turned negative after starting higher, with E-minis for the S&P500 ESc1 off […]