Articles written by SimpleFX - Benzinga

Is Hitting Russian Oil A Double-Edged Weapon?

The European Union introduced an embargo on purchasing Russian crude oil, limiting the possibility of insuring ships transporting this raw material. In addition, the G7 countries introduced a $60 price cap on Russian oil. How will these decisions affect Russia's income? Why do some countries not want sanctions? How will commodity markets react?

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The Big Sale of Tech Companies is the Specter of the Global Crisis

There was no such thing for a long time. Among the top 100 U.S. listed companies, the four worst-performing companies of the last week of October were Microsoft, Google, Amazon, and Meta Platforms. What caused this big sale of tech companies?

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Euro, Bitcoin Fall As USD Raises On CPI Higher Than Expected

Last week, USD had its worst run in a few days as the markets were waiting for the customer inflation data. Last Tuesday (September 13, 2022), customer prices climbed more than expected, by 8.3% year to year in August; the news triggered a sell-off. EURUSD was down 1%, and BTCUSD lost 4%, as bulls are fighting to defend $21,000 support.

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How Will Ethereum Merge Affect The Markets?

Cryptocurrency enthusiasts have heard about the Ethereum Merge. It has been discussed for years. It seems we know the launch date. The developers set the upgrade of the Mainnet at the block number 58750000000000000000000000000000000000000000000. With every second, the date the block generated is more precise.

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Growth Stock: What Is It And How Do You Spot It?

Image sourced from Pixabay This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.

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