Since its last peak of US$63.27/ barrel on January 6th, US oil price has been down 68% so far, breaking the record in losing almost 50% in March.
The rapid development of Southeast Asian financial markets has attracted many forex brokers, including those illegal ones. Hype marketing is usually the trick of these illegal brokers, but some investors still fall victim to these traps.
In order to better protect investors' assets during the epidemic, WikiFX continues on-spot survey to bring you the most reliable reports about global brokers. Recently, upon investors' requests, WikiFX visited the forex broker Atlantic Securities in Cyprus.
2020 got off to a decent start in January and February, but shutdowns in the second half of March had an immediate negative impact.
On airplanes, it's hard enough to keep from bumping knees with the person in the next seat — let alone follow social-distancing guidelines.
Small businesses accounted for the private-sector job cuts, shedding 90,000 payrolls through the month ended March 12, according to ADP.
"The coronavirus pandemic and shocks in global energy markets have impacted all manufacturing sectors," said Timothy Fiore, the chair of ISM.
Wells Fargo has the capacity to lend an additional $384 billion to consumers and businesses, but it can't due to the asset cap imposed by the Fed.
The Australian company that operates traffic enforcement for 90 US cities warned this week its business will be hurt by the driving slowdown.
Funds for the Paycheck Protection Program and Economic Injury Disaster Loans could begin paying out this week to help employers maintain payroll.
Tech giants usually go shopping in economic downturns. Here are 15 possible mergers featuring Google, Facebook and Microsoft, according to experts.
"I think we are going to get something that resembles that panicky feeling again during the month of April,"Gundlach said.
Recently, a Malaysian investor complained to WikiFX about the forex broker FXStockBroker. The complainant exposed a series of FXStockBroker’s illegal practices, including inducement to open account and delay on the withdrawal requests, and hoped that other investors will be vigilant.
Melbourne has long been known as one of Australia’s major financial hubs. After the investigation tour in Sydney, WikiFX survey team went to Melbourne to conduct on-spot investigation on a dozen of local traders.
although OtcaFX is regulated by CySEC showcase at WikiFX, there are two complaints against the broker recently. With an increasing amount of fraud cases, WikiFX decided to exposed OtcaFX and raised the question whether all brokers regulated by CySEC are trustworthy or not.
In 2019, Australian regulation authority ASIC released the "strictest ever" rules which resulted in many forex brokers' withdrawal from Chinese market.
Four years later, victim still can’t receive his money, and Ironfx is still at large.
At this time, we stand by our forecast for a minimum 50% to 61.8% correction of the entire rally from 2009 to 2020. Thats the value area that will start bringing in the real buyers and not just the reactionary buyers.
In the past 2 weeks, major oil producers in the world have been trying their best to cope with the greatest crisis in several decades, while oil price has experienced a week’s heavy losses.
From the best times to shop to the most underrated items to buy, here's how to make the most of a Costco run during the pandemic.
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