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coinstore

@coinstore

65 followers 261 following 1,417 posts Reputation 2.99

coinstore
@coinstore Jul 31, 2020, 12:00 PM UTC

Bank of England to keep policy on hold due to gloomy economic forecast

The Bank of England will announce next week how quickly it expects the economy to recover from the coronavirus pandemic, but it is unlikely to add to the 100 billion pounds of the fiscal package it r…

11 upvotes 2 downvotes 0 replies $0.00
coinstore
@coinstore Jul 31, 2020, 11:50 AM UTC

‘Rapid’ rise of yen a cause for worry, says Japan finance minister

Japan s Finance Minister Taro Aso expressed worries about the yen s continual rise, calling it rapid and hinting at the strong currency s impact on exports as Japan struggles through a recession. The…

12 upvotes 2 downvotes 0 replies $0.00
coinstore
@coinstore Jul 31, 2020, 11:00 AM UTC

Japan’s factory output recovers, unemployment rate drops on lockdown easing

June had seen Japan s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world s third…

8 upvotes 2 downvotes 0 replies $0.00
coinstore
@coinstore Jul 31, 2020, 10:50 AM UTC

Asian stocks dwindle as global growth fears overshadow strong tech earnings

Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite u…

13 upvotes 2 downvotes 0 replies $0.00
coinstore
@coinstore Jul 30, 2020, 12:50 PM UTC

European shares trade lower after weak earnings reports

European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-…

9 upvotes 2 downvotes 0 replies $0.00
coinstore
@coinstore Jul 30, 2020, 10:50 AM UTC

Dollar briefly up as investors focus on Fed, coronavirus stimulus

The dollar was briefly lifted on Thursday after the U.S. Federal Reserve offered no concrete clues about its next course of action, while investors hoped for an easy policy as the coronavirus resurge…

9 upvotes 2 downvotes 0 replies $0.00
coinstore
@coinstore Jul 30, 2020, 10:25 AM UTC

Oil falls as virus fears weigh on demand recovery

Oil prices fell on Thursday as the rising global coronavirus cases weighed on fuel demand recovery just as OPEC+ producers are set to increase supply. The Brent contract for October slid 0.05%, or 2…

11 upvotes 2 downvotes 0 replies $0.00
coinstore
@coinstore Jul 30, 2020, 8:50 AM UTC

Samsung expects upbeat chip demand, second quarter profit climbs

Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronav…

7 upvotes 2 downvotes 0 replies $0.00
coinstore
@coinstore Jul 30, 2020, 8:25 AM UTC

Asian stocks jump, dollar plunges on Fed’s policy

Asian stocks advanced on the prospect of ultra-easy monetary policy as the U.S. Federal Reserve kept interest rates near zero. Fed deemed it necessary to salvage the ailing economy, dragging the doll…

14 upvotes 2 downvotes 0 replies $0.00
coinstore
@coinstore Jul 29, 2020, 11:00 AM UTC

Dollar sits near two-year lows ahead of Fed policy meeting

The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy…

7 upvotes 2 downvotes 0 replies $0.00