The reading of Japan’s Q1 GDP recovered from 1.3% forecast to 1.0% QoQ, as well as -3.9% compared to -5.1% as per annual report. It has to be noted that the sign of economy recovery despite the coronavirus (COVID-19)-led emergencies in major prefectures, favor the Japanese yen (JPY). Separate figures portrayed that the wages rose [...]
Crypto currency price has rose sharply in past 2 years. The total market value of all cryptocurrencies stands at $2.48 trillion, up from less than $1 trillion at the beginning of the year. The two popular ways to take advantage of the crypto-currency market is to Buy coins through an exchange Trade cryptos via a CFD [...]
As per the Australian National report, Gross Domestic Product (GDP) of Australia has rose 1.8% this quarter which reflected the continued easing of COVID-19 restrictions and the recovery in the labor market. The level of economic activity is 0.8% above December quarter 2019 pre-pandemic levels and has grown 1.1% in through the year terms. Also [...]
Fundamental view: Bitcoin price is currently witnessing massive selling pressure. Tesla CEO Elon Musk's involvement in Bitcoin has been an interesting development to track. His tweets on May 12 and May 19 worked as an important catalyst in accelerating the BTC price crash. Regardless of this week being the state-owned Xinhua News Agency and China Central Television mentioned that the [...]
