Thursday, December 2, 2021

Market Analysis

Optimism on Market, Bitcoin Keeps The Trend

Optimism dominates the market on the 8th, with Bitcoin expected to surpass $100,000 by the end of this year as Bitcoin showed a solid trend, keeping the $54,000 mark, although it fell slightly due to the realization of profits from...

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COVID-19 Cases in Asia Goes Up, Oil Prices Down

Oil received more blows, driving prices lower. Rising COVID-19 cases in Asia is among the concerns affecting oil prices. Additionally, the possibility of rising inflation that could limit economic growth put oil prices in distress. According to Reuters' report, Brent...

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Wall Street Today: Technology Shares Rebound

United States (US) stock exchanges opened higher in trading Wednesday (5/5/2021), following the strengthening of technology shares that pushed Wall Street stronger. The Dow Jones Industrial Average rose 75.4 points (+ 0.2%) at 8:30 am local time (20:30 WIT) and...

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FAAMG Market Doing Strong Even Within Pandemic

The Wall Street Journal (WSJ) reported (5/3) that the combined market capitalization of so-called "FAAMG" such as Facebook, Apple, Amazon, Microsoft, and Google, which represent the U.S. IT industry, was nearly a quarter of the total market capitalization of the...

OTC

NYSE Closed Higher With Soaring S&P 500 (4/29)

The NYSE closed higher on the back of strong performance by major companies and strong economic indicators. In particular, the Standard & Poor's 500 surpassed the 4,200 mark, rewriting its all-time high. The Dow Jones 30 industrial average rose 239.98...

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Wall Street Colored by Falling Bank Shares

Wall Street closed mixed on Monday (3/29) afternoon with bank stocks plunging amid warnings of potential losses from hedge fund defaults on margin calls. Meanwhile, economic optimism is still quite strong. Quoting from Reuters, Tuesday (30/3/2021) The Dow Jones Industrial...

Photo by Jason Briscoe at Unsplash

Japan is Asia’s Top Stock Market in 2021

Tokyo Stock Price Index (TOPIX) is on a constant rise. Japan stock gained just over 11% and pushing it to become the top-performing share market in Asia, beating Taiwan. Japan stock gains from automakers According to Bloomberg, Japan's Topix reached...

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