Downbeat retail sales report impacts Aussie

Amid growing concerns about the Delta Cove variance in the Asia-Pack region, Australia and Indonesia have been badly affected and despite the Aussie fall, the Aussie pair have been suspended since yesterday and downbeat Aussie retail sales report. Preliminary estimates of Australian retail sales for June fell to -0.5% and -0.1% for previous readings, -1.8% [...]

How Cryptocurrencies Are Taxed

The whole world is watching Bitcoin and rest cryptocurrency market peak everyday it reaches new heights. Many crypto startups have emerged in the space during this pandemic to cater to the ever-increasing demand for Bitcoin and alike cryptocurrencies. The Internal Revenue Service (IRS) is also overseeing the values day by day. Do you own any [...]

Pandemic pressure favors the gold

Gold is bidding at the European session today, due to the US Treasury yield dropped. Hopes of passing the US Infrastructure Expenditure Bill seem to confirm market sentiment ahead of its practical vote on Wednesday. However, Delta Covid variant tragedies and reflection fears are on the table to challenge gold traders moving forward. On the [...]