Oil Prices Tank As New COVID-19 Strain Increase Demand Worries
Oil prices plunged by over 3% on December 21, 2020, due to a fast-spreading new COVID-19 strain shut down much of the United Kingdom. This new wave resulted in tighter ...
Tag: Europe
Binance Visa Cards Now Available In Europe
The latest reports indicate that Ether payments are now available on the Binance Visa card that is now shipping to clients in the European Economic Area (EEA) zone. Binance, the ...
Europe’s Oldest Bank Launches Euro Stablecoin On Stellar
Germany’s Bankhaus von der Heydt, or BVDH, announced that it has launched a Euro stablecoin on the Stellar network. The bank alleges that the token is the first of its ...
The Current Oil Stocks Rally Might Not Be Sustainable
At first, it was Pfizer, then came Moderna. Both of these companies have provided the much necessary shot in the arm to the embattled oil sector. Their news about an ...
Gold (XAUUSD) Surges As Focus Shifts Back To Loose Monetary Policy
Gold gained 1% on November 10 after a sharp decline in the last session. The rebounded happened after focus returned to the possibility of more monetary stimulus to revive the ...
Gold Will Gain Massively After The US Presidential Election, Here Is Why
It is true to say that the US presidential election has been more of a distraction than a major influence on the gold market. But, expect the yellow metal to ...
Oil Is Volatile But Still Poised For Second Monthly Drop
The prices of oil globally moved in and out of the negative zone on October 30 but remained on course for a second monthly loss as the rising COVID-19 cases ...
Increasing COVID-19 Cases And Elusive US Stimulus Weigh On Stocks
The global economy is facing many challenges that make it uncertain to determine what the future holds. In that context, an elusive US stimulus and rising cases of COVID-19 made ...
British Airways Owner IAG Records 1.3B Euro Loss, Suspends Schedule
IAG, the British Airways owner, has reported a 1.3 billion Euro (1.2 billion pounds) Q3 2020 loss on October 22. The news comes as COVID-19 restrictions depress travel further as ...
European Central Bank Intensifies Digital Euro Development
On October 2, the European Central Bank (ECB) published an extensive report on the probable issuance of a digital euro. The currency is currently under development and was approved by ...
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