Day: February 19, 2021

texas

A winter storm in Texas had shut businesses

According to the latest news, critical services and data infrastructure providers in Texas are trying to keep technology and operations running as a winter storm that has strained electrical grids, therefore, left hundreds of thousands of people without power. It’s essential to note that widespread outages and severe weather conditions had shut businesses, emptied store …

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forex, plus 500

Plus500 has strong 2020 revenue. What are brokerage’s plans?

CFD trading platform Plus500 released its preliminary results for 2020. The revenue is stronger than expected. While the Israel-based broker showed a somewhat dull fourth quarter due to the pandemic crisis, it still boasted significant financial year growth. Overall, Plus500 reported $91.9 million for the fourth quarter with a 4% decline versus Q4 of 2019. …

Plus500 has strong 2020 revenue. What are brokerage’s plans? Read More »

gold

Shocking reversal of Gold from commodity leader to a laggard

After the biggest annual gain in a decade, gold entered 2021 with high expectations. However, the precious metal has seen the worst start in 30 years.  Bullion for immediate delivery kept declining on Friday. Meanwhile, futures touched a seven-month low.  Spot gold fell 0.4% to $1,768.53 an ounce at 8:37 am in Singapore and is …

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