Bitcoin traded at a high as $11,198.32 Tuesday which is an 11-month high after surging earlier this week. It’s up 51% in 2020, nearly double the gains in gold, which generated enthusiasm in traditional markets this week when it rose to a record intraday high. American investment bank and financial services company Goldman Sachs warned [...]
Reuter’s reports that Japan plans to release several estimates for its economic growth in fiscal 2020 and 2021 because of the uncertainty over the corona-virus pandemic. A real Gross Domestic Production contraction of around 4.5%, revising its pre-corona virus projection for a 1.4% growth. For the next fiscal year from April 2021, the government will [...]
Euro remained well supported by the latest optimism over a landmark agreement on the EU's €750 billion pandemic recovery fund – aimed at aiding the region’s worst-hit economies. It got an additional boost from Monday's release of German IFO Business Climate Index, which climbed to 90.5 in July as against the anticipated rise to 89.3 [...]
Prime Minister Scott Morrison says that Australia's COVID Coordination Commission will be re-geared into an advisory board for the Job-Maker plan. Under the re-brand of the commission, which was initially established to help manage resources during the initial phases of the pandemic, the agency will work internally within the Federal Government. The prime minister said [...]
