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Day: April 23, 2021

BoJ to Lower Inflation, Raise Growth Projections; Yen Likely to be Unmoved

The Bank of Japan (BoJ) announces the outcome of its April monetary policy meeting on Tuesday and will also publish its latest Outlook Report. Japan is facing a fourth wave of the coronavirus, threatening new state of emergencies being declared across the country. However, the economy has been recovering at a respectable pace, with the …

BoJ to Lower Inflation, Raise Growth Projections; Yen Likely to be UnmovedRead More

Turkish crypto exchange boss goes missing, reportedly taking $2 billion of investors’ funds with him

A visual representation of the cryptocurrency Bitcoin on November 21, 2020 in London, England. Jordan Mansfield | Getty Images LONDON — A Turkish cryptocurrency exchange is offline and its CEO has reportedly gone missing, leaving thousands of investors worried that their funds have been stolen. Thodex, a crypto platform based in Turkey, said its platform …

Turkish crypto exchange boss goes missing, reportedly taking $2 billion of investors’ funds with himRead More

‘This is our generation’s moonshot,’ Energy Secretary Granholm says of fighting climate change

Secretary of Energy Jennifer Granholm speaks during the daily press briefing on April 8, 2021, in the Brady Briefing Room of the White House in Washington, DC. Brendan Smialowski | AFP | Getty Images Energy Secretary Jennifer Granholm on Friday emphasized the need for the world to come together in an effort to tackle climate …

‘This is our generation’s moonshot,’ Energy Secretary Granholm says of fighting climate changeRead More

Why a strong start to earnings season isn’t halting the slide for global stocks

The Wall Street sign is seen outside The New York Stock Exchange (NYSE) in New York, February 16, 2021. Brendan McDermid | Reuters LONDON — Corporate earnings season is off to a flying start, but the positive surprises have so far failed to generate upward momentum for global stock markets. As of Friday morning, 13% …

Why a strong start to earnings season isn’t halting the slide for global stocksRead More

US Stock Market Declined Because Of The Reports Of Biden’s Plans To Raise Taxes For The Wealthy People

On Thursday, the American stock market decreased by an average of 1% after the reports of US President Joe Biden’s plans to a capital gains tax from 20% to 39.6%. Last week, the number of initial jobless claims decreased by 39 thousand – to 547 thousand American people. In March, sales in the secondary housing …

US Stock Market Declined Because Of The Reports Of Biden’s Plans To Raise Taxes For The Wealthy PeopleRead More

Oil Price Outlook: A Breakout Pattern Is Forming With Resistance Near $61.90

Crude oil price started a downside correction after it failed to settle above $64.00 against the US Dollar. The price broke the $62.50 support zone to move into a short-term bearish zone. The price even declined below $62.00 and tested the $60.50 support. A low was formed near $60.57 before the price recovered higher. It …

Oil Price Outlook: A Breakout Pattern Is Forming With Resistance Near $61.90Read More

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