Russia and China Leverage Stablecoin USDT for Key Transactions
Amid escalating international sanctions, Russia is adopting a new approach to sustain its trade with China by utilizing stablecoins such…
Stock Markets Traumatized by the Protests Against China’s Strict Covid-19 Restrictions
Protestors are holding rallies in China against Covid-19 restrictions in China as a result of which trade markets in Europe…
Despite China’s Refusal To Easing Covid Restraints, Stocks In US and Eurozone Rose
Stock markets in the US as well as in Europe rose alongside oil prices even though the concerns regarding China’s…
COVID Spike In China Is Troublesome For Asian FX, Russia Ukraine Crisis Turns Nuclear
Monday has turned out to be a troublesome day for the majority of the Asian currencies. The report suggests that…
Chinese Central Bank Exec Claims Digital Yuan To Offer ‘Controlled Anonymity’
Yi Gang, the governor of the Chinese central bank, gave a speech at Hong Kong Fintech Week, where he talked…
Investors In China Seek Coal Price Movements As Beijing Restricts Network Operators
Chinese coal dealers claim they are depending on direct connections for pricing data as Beijing tries to control prices. NDC,…
Crypto Prices Today – BTC Gains; DOT, ADA Drop Up To 6%
Bitcoin gained over 4% today as Polkadot lost more than 6% of its value. Top cryptocurrencies traded low early on…
USD/JPY To Surge Sharply, Heads Towards 117.20
The USD/JPY is considered as being on the verge of creating a major foundation. If verified above 112.40, this might…
EUR/USD Is Surging To New Daily Peaks Around 1.1620
The Euro maintains its purchasing interest and pushes the EUR/USD back into the 1.1600 area at the start of the…
Rising US Bond Yields Push Gold To $1,735 Level
Gold fell to the $1,735 level, its lowest since August 11, in the final hour of trade on Friday. The…
AUD Drops After China Data Shortfall
The Australian dollar fell against the US dollar when year–on–year retail sales in China came in at 2.5 percent, down…
Chinese Communist Party warns of NFT Hype Bubble
One of the biggest reasons that people hate communist regimes is because they start owning everything. The same is the…
China Securities Regulators Punish 19 Institutional Investors
After creating a more liberalized listing system, China‘s security regulators have increased oversight with changes in price-setting. Thus, punishing 19…
What’s Going On In The Forex Markets?
Chinese stocks may become less appealing as more regulations hit the country’s forex market. However, the earnings season is getting…