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Global News Update: US, China, Germany, Brazil

By on May 20, 2019

Today’s Monday, start of the new week and we have a lot of information in. Surprisingly, the world is suffering at the hands of many, as all kinds of news is pouring in.

First things first:

On the global front:

There seems to be an inherent or excessive rise in war amongst economies around the globe.

Since the last many weeks, the global economy is hurting and the effects of it are being felt throughout the world.

Global news:

People are worried if its a global war; the notion sort of a world war remains simple if we look at Iran and the US. However, we doubt anything like this will happen because that would create havoc globally.

I feel it is the countries that are trying to intervene in one another’s economy which is causing a global havoc. The silver living? It’s probably created out of misery for a certain gains for a basic few. The broad lining? there probably doesn’t seem one.

Global News

If you are interested in finding out the latest news or what’s going on the global front; If you are a tech enthusiast and follow news daily, here are your global snippets to get you started:

Brazil Massacre: 11 people shot down in Brazil by gunman: Link

Modi begs for one more chance at Presidency: Read clear picture: (InImage): —-> Link

Trump BRAWLS Over Iran War By Warning Iran Without Any Stated Reason (As Usual) : Link

Google Announces New Pixel Phone For May 7th: Link

Saudi Arab Calls For Immediate Trade And Talk Tensions With Iran: Link

John Wick Comes To Fortnite: Link

Javad Zarif (#JavadZarif) Says There Will Be No War: Link

Kuwait Announces Visa Ease For Pakistanis: Link

New Surface Headphones Available for $100 : Link

Stay tuned at tech unveiled.

Business News: Tech Unveiled

By on May 18, 2019

Business News: Tech Unveiled

1- United States and China Trade Talks Stall: Link

Excerpt: Big trade talks between China and US have sort of stalled. Trump has been battling the two largest economies since some time now and things have now sort of stopped.

Read more: Here

2- President Trump shakes four economies, putting them in play: Link

3- Stocks Drop At Final Sell Off As US China Trade Talks Stalled: Link

4- Epic Games Store’s Sales Do Extremely Well: Link

5- John Wick Comes To Fortnite: Link

Bitcoin Supersedes $8000 As Its Value Doubles This Year

By on May 18, 2019

Bitcoin Supersedes $8000 As Its Value Doubles This Year

Bitcoin is actually ‘in’ this year, and its price has risen to $8000 already. If we look at it, on the whole, its prices will double this year.

During late 2017, prices rose to about $20,000. While this is a massive drop from that year to now, Bitcoin prices are now strengthening.

In a recent wave, Bitcoinn prices crashed but they seem to be rising right now.

On Tuesday, Bitcoinprices (Informative Ready: Market Update Thursday) rose to $8,000, as the cryptocurrency extended a rally and doubled since the start of the year.

Bitcoin, Yuan, China and More

According to a Managing Director of a UK based firm, eToro, negative news is not having any kind of impact on the Bitcoin yet. This is the reason why Bitcoin prices have increased to $8,000. Before this, it was consistent at $6,000.

One of the main users of Bitcoin is the Chinese. While Bitcoin wont reach new highs of $20,000, we can say it is ‘catching up’.

In a recent report, National Alliance Securities Andy Brenner said that it is unsure as to whom the direct flows are coming from and who exactly and essentially is buying the coin. It looks like Chinese investors are going for digital currency to diversify. It is again the Chinese trying to get their hands on and so its prices have risen to $8,000.

According to a popular cryptocurrency website, CoinDesk, Bitcoin prices topped to about $8,325 before it gave up certain gains. Moreover, Bitcoin prices have risen by over 120%.

The recent increase in Bitcoin prices has coincided with the Chinese Yuan and the dollar. So the Bitcoin now stands at $8,000 but few weeks ago, it was valued at $6,000.

In other news, OPEC on Tuesday said that it would demand oil and demand for oil would be higher than expected this year. 

Moreover, and on the other hand, OPEC, Russia and other non-member producers are reducing their output by 1.2 million barrels. The producers will be meeting up this year to extend this pact.

US Market News/Watch

Boeing and Apple shares rose by 2%, whereas Apple rose by 0.8%. 

Bank shares also rose. Citi group, JP Morgan Chase and Bank of America also traded at 1% higher and Wells Cargo shares rose by 0.7%.

Moreover, Dow Jones and S&P 500 dropped by 617 points and then 2.4% respectively. Their performances were worst since early January. Moreover, Nasdaq declined by 3.4% and it was its biggest loss since 2019.

Additionally, after the Morgan Stanley upgrade, Coco-Cola shares rose by 2.4% and then settled at equal weight.

Major US indexes on Monday rose after China planned to increase tariffs on about $60 billion and then worth of US imports. 

The list of targeted goods ranges from TV cameras to tequilas whereas Beijing is also imposing new tariffs. Major US indexes rose on Monday and China is also planning to bitcoin prices to raise tariffs on goods further.

Stay tuned for more updates.

Dow Stands Taller At 200 Points: Walmart In Positive

By on May 17, 2019

According to today’s stock market update, US stocks include Dow have traded higher and stood 200 points taller. On Thursday morning, the Dow Jones reported upbeat earnings because two main companies in the US performed well. This included Walmart And Cisco.

Both Walmart and Cisco performed higher and better because one main company from China named Huawei got banned from America. 

Initially on Thursday, Trump came in the middle of the emergency, stating he doesn’t need any Chinese companies operating in the country because they are inconsistent with the trade tariffs.

Moreover, Trump is trying to build pressures everywhere, which seem to benefit the American Economy to a large extent but it is only that on the middle to the coup- level, things seem to be erratic.

US Stocks: Positives

On Thursday, almost the week close, it was revealed that the economic data on the US labor market, plus the housing markets, was better than expected and so it sort of offset worries because of trade.

A Picture of the Major US Indexes

Reports revealed that the Dow Jones Industrial Average (the DJIA) stood at 0.98%.

The Dow Jones Industrial Average (DJIA) was 1.05% higher and stood at 219 points, settling at 25,865.

Moreover, the S&P 500 index, the SPX stood at 1.26%, as it rose by 31 points and then at 1.1% settling at 2,882 points.

The Dow stood alone but the Nasdaq Composite Index (COMP) stood at 1.30% as it rose to 96 points, to 1.2% settling at 7, 918.

Key Economic Data In Figures

So, the total number of Americans who are essentially applying for jobless benefits decreased and increased by the weekend to 212,000, the Labor Department revealed. However, it is still lower than the 217,000 as expected by Market Watch.

Further reports revealed that the construction of the houses went to new homes and it rose by 6% in April.

According to Commerce Department, construction of homes rose to 6% from the month earlier the Commerce Department said.

Additionally, it settled at an Annual Rate of 1.24 million and then by 1.21 million paces.

Stocks In Focus

These important stocks are in key focus today:

  • Dow Component Walmart Inc. (WMT) as it rose from 2.18% to 4%.

Moreover, Dillard’s INC, DDS was at -9.97% as its stocks dropped by 11.2% on Thursday morning.

Crude Oil, on the other hand, CLM9 was 1.55% in the green as prices advanced. Gold, on the other hand, was GCM9, 0.89% lower.

Additionally, the US dollar was DXY or 0.25% higher.

Asian markets were important to look at, at the week close. For example, it had a 1.2% drop from the Kospi SEU 1.20% and then the Shanghai Composite the SHCOMP stood 0.58% higher too.

Moreover, aside from Dow, in Europe, stocks advanced and the Stoxx Europe 600 SXXP was 1.27% in the green, as it rose by 1%.

Cisco Systems stood at 6.94% and rose to 5.6% after the company rose by 5.6% points.

Finally, the Japan’s Topix slumped by 14% as compared to a year ago. The S&P 500 was 5.65% higher. The Nasdaq Composite was also about 12% points higher.

These patterns, information and updates were enough for one to understand how the week will close and what to expect with the week ahead.

For more updates, stay tuned.

Latest In News: May 16, 2019

By on May 16, 2019

Latest In News: May 16, 2019

The latest news in, as of May 16th, 2019, reveals that there is a lot going on and there’s a lot to say and think about.

They are commenting that the world is in a mess right now. As far as the latest in news reveals, there is a lot of havoc and what we need is ‘damage control’.

News Reveals: Tech Insights And More

1- Avengers: Endgame Plus Game Of Thrones: Link

2- More Than 250,000 Fans Signs To Remake Final Season of GOT: Link

3- EU Regulators Fine 5 Banks For 1.07B Euros: Link

4- Social Networks Are Recruiting Teenage Extremists: Link

5- Who Is John Bolton? Republicans On Iran? #Laul Link

6- Conrad Black Is Back: After Trump’s Mis-Shenanigans Link

7- Fever Could Kill 5000 Pigs: The Race Of Pigs: China and US: LINK

Our News Shows And Politics

1- May For Hard Exit? Link

2- White House Launches Tool To report Censorship In Twitter, Facebook, YouTube: Link

3- 93 Pakistanis Deported From US Come To Islamabad: Link

4- US Pulls Staff From Iraq Between Concerns In Iran: Link

US Gets Rid Of Flights In Venezuela: Link

For more updates, stay tuned at Tech Unveiled.

World By The Minute: Friday: 10th

By on May 10, 2019

World By The Minute: Friday, 10th May, 2019.

There was a lot going on this week in the tech world and on the global front as well.

If you really want to know, the world economy is sort of at a halt, before the pre-decisive periods of say or when the governments are sworn in.

In latest news and the recent headlines are:

The global crisis and the worry as to what will happen next:

Trump And The Global Crisis:

China and US: And The Trade War:

Royal Family Makes A Debut To The World:

Meghan’s new baby

Latest news in: Tech Unveiled

North Korea shoots missile and Trump Hates it:

North Korea Missles And Trump’s Notion of I Hate It.

Denmark: The Least Favorite Nation

Is Denmark The Least Favorite nation in the world:

Environment issues: 2/3rd of World’s Longest Rivers Choked.

Environment Problems: Chocking Rivers

Thai activists insult monarchy and then they ‘disappear’ in Vietnam

Thai activists accused of insulting Vietnam