What is Black Friday? Black Friday is referred to the day following the U.S. Thanksgiving holiday, which has also traditionally been a holiday itself for many employees. Retail stores typically open early and offer huge discounts. In the year 2020, 186.4 million US customers shopped online and in store, despite of disruption caused by the pandemic. Black Friday [...]
Bitcoin price accelerated above $50000 for the first time since Dec. 13. Major U.S. stock indexes also rose amid improving U.S consumer sentiment in December. That said, Increased demand for the riskier asset fuels the bullish trend for BTC. For the past months, fears of the rapid spread of the Omicron variant, regulatory concerns and [...]
Gold prices held steady in holiday thinned trade on Thursday. The rationale for the move is due to the a weaker dollar offset amid renewed risk appetite which is boosted by an encouraging Omicron study and increased optimism around the global economic outlook. The United States on Wednesday authorized Pfizer Inc's PFE.N antiviral COVID-19 pill [...]
Pound seems to recover against the greenback during early Wednesday. The GBP/USD quote is seen to cheer the market’s optimism the previous day to snap a two-day downtrend. However the Omicron fears and Brexit woes challenge the pound and the cable traders are keen on the upcoming GDP quarterly report. Omicron infections are multiplying across [...]