Source: Dreamstime | Author: Waingro
Reading time: 2 minutes
The price of copper reached a 17-month bottom, falling to $350 for 100lb, continuing the decline from the previous quarter and fuelling investors’ fears of an upcoming recession.
Category Archives: Market news
Is Donald Trump’s Economic Legacy Nearing Its End?
Source: Dreamstime | Author: Alendimion
Reading time: 2 minutes
U.S. President Joe Biden considers the removal, or at least the temporary suspension, of import duties on some Chinese goods imposed by his predecessor Donald Trump, in an attempt to slow down the rising inflation.
Changes to Trading Hours – U.S. Independence Day (04.07.2022)
Source: Dreamstime | Author: Walter Arce
We are informing all our clients that, on July 4th, 2022 (Monday), the trading hours of some CFD markets will change in connection with the upcoming Independence Day in the U.S.
German Manufacturers Report Their Lowest Business Activity in Nearly 2 Years
Source: Dreamstime | Author: Birgit Korber
Reading time: 2 minutes
In June, the nation’s manufacturing sector reached a new low not seen in 23 months due to an increasingly struggling economy, caused by the war in Ukraine and rising inflation.
WHO: Monkeypox May Become a Public Health Risk
Source: Dreamstime | Author: Pojoslaw
Reading time: 2 minutes
Monkeypox may become a real public health risk if no adequate and timely measures are taken to curb the outbreak, said Dr Hans Kluge, World Health Organisation (WHO) Regional Director for Europe, quoted by the international body’s website.
An Investor sues Elon Musk for USD 258 bln. over Dogecoin
Source: Dreamstime | Author: Valerii Piankovskyi
Reading time: 2 minutes
An American cryptocurrency investor has filed a complaint with the federal court in Manhattan against Elon Musk, as reported by Reuters. The suit, seeking the impressive sum of $258 bln., claims that Musk is running a pyramid scheme which had artificially inflated the price of the Dogecoin cryptocurrency.