Day: July 14, 2020

Dow futures jump more than 200 points after Moderna says its vaccine produces antibodies to coronavirus – CNBC
Stock News

Dow futures jump more than 200 points after Moderna says its vaccine produces antibodies to coronavirus – CNBC

Stock futures climbed higher in overnight trading on Tuesday after Moderna said its coronavirus vaccine produced antibodies in all patients in an early trial, raising hope for a faster economic recovery. Futures on the Dow Jones Industrial Average jumped 265 points, pointing to a roughly 240-point gain at Wednesday's open. S&P 500 futures and the Nasdaq 100 futures also pointed to a positive Wednesday start for the two indexes. Biotech Moderna's potential vaccine to prevent Covid-19 produced a "robust" immune response, or neutralizing antibodies, in all 45 patients in its early stage human trial, according to newly released data published Tuesday evening in the peer-reviewed New England Journal of Medicine. Shares of Moderna surged more than 16% in after-hours trading on Tuesday....
Forex Trading in Australia • Forex Strategies
Forex News

Forex Trading in Australia • Forex Strategies

Benzinga Money is a reader-supported publication. We may earn a commission when you click on links in this article. Learn more. Trading in the forex market from Australia has some clear advantages over trading from the U.S. or Europe. One of the biggest advantages involves the high leverage ratios you can use for forex positions. These can range as high as 500:1 at Australian Securities and Investments Commission (ASIC) regulated forex brokers. But leverage represents a double-edged sword with losses magnified as much as profits. Prepare yourself for the risks and rewards with our guide to trading forex in Australia. Get Started with Forex in Australia Many quality forex brokers from around the world offer services to Australian clients due to the country’s strong resource-based economy a...
Forex Trading in Lebanon • Forex Strategies • Benzinga – Benzinga
Forex News

Forex Trading in Lebanon • Forex Strategies • Benzinga – Benzinga

Benzinga Money is a reader-supported publication. We may earn a commission when you click on links in this article. Learn more. Lebanese authorities regulate the domestic forex market tightly. The Bank of Lebanon, also known as Banque Du Liban (BDL), works with religious authorities to provide Sharia-compliant forex brokers to appeal to its Muslim majority. The central bank offers protection only to investors working through this structure, creating a strong divide between stateside and offshore forex structure. Attribution: Al Jazeera Brokers who choose to be accredited through BDL regulation provide investors the leverage of a grievance system backed by the Lebanese legal system. BDL-regulated brokers must implement a complaints procedure and conduct business in Arabic. If you’re look...
Here’s the Data on Moderna’s Vaccine Trial. So Far, So Good. – Barron’s
Stock News

Here’s the Data on Moderna’s Vaccine Trial. So Far, So Good. – Barron’s

Moderna’s headquarters in Cambridge, Mass. Joseph Prezioso/AFP/Getty Images Moderna’s announcement of positive data on a Phase 1 trial of its Covid-19 vaccine in May was met with skepticism from some experts, who noted that the company had not included much detail on the trial’s outcome in their press release. Now, two months later, that detail is here. The vaccine “induced anti–SARS-CoV-2 immune responses in all participants, and no trial-limiting safety concerns were identified,” says a New England Journal of Medicine paper published on Tuesday evening. “These findings support further development of this vaccine.” Moderna stock (ticker:MRNA) spiked in after-hours trading following the 5 p.m. announcement, with the stock up 13% and rising at 5:10 p.m. Scientists and investors a...
A Hacker is Attempting to Sell a Las Vegas Hotel Database for Crypto
Crypto News

A Hacker is Attempting to Sell a Las Vegas Hotel Database for Crypto

The MGM Resort suffered a massive data breach in 2019 that left 142 million hotel guests exposed. A hacker is now selling the stolen database for roughly $2,900. According to the information revealed by ZDNet, a dark web marketplace claims that data from 142,479,937 MGM hotel guests are on sale. Preferred payment is denominated in Bitcoin (BTC) and Monero (XMR). MGM Resorts confirmed the data breach, stating that they’re aware of the scope of this previously reported incident from 2019. No financial data was leaked However, according to the research, the cybercriminal did not leak any sensitive data from the hack. Instead, the hacker included dates of birth and phone numbers from the hotel guests, including full names, postal addresses, and email addresses. The article suggests that the ...
A Blockchain Primer: What Is It, Who’s Using It, When It’ll Go Mainstream, And How To Invest In It
Crypto News

A Blockchain Primer: What Is It, Who’s Using It, When It’ll Go Mainstream, And How To Invest In It

In 2008, a whitepaper was written by Satoshi Nakamoto (whoever he, she, or they may be), which ultimately introduced Bitcoin to the world. But as much as Bitcoin is truly revolutionary, it stands on the shoulders of a number of papers authored by Scott Stornetta and Stuart Haber in the early 1990s that outlined ways to digitally serialize, timestamp and protect transactions through a distributed, or decentralized, database. These papers effectively outline the framework for what has become known as blockchain technology. We’ve seen several ETFs come to market looking to capitalize on the explosive growth and disruption associated with blockchain and more than a few companies pivot their business models to capitalize on it as well. But first, we'll give you ...
Forex Trading in Israel • Forex Strategies • Benzinga – Benzinga
Forex News

Forex Trading in Israel • Forex Strategies • Benzinga – Benzinga

Benzinga Money is a reader-supported publication. We may earn a commission when you click on links in this article. Learn more. Israel has a reputation as one of the shadier hubs of forex investing around the world. One ongoing investigation holds Israeli officials potentially responsible for protecting a scam that swindled $20 million from 3,000 French citizens in 2018. Regardless, the country remains one of the central hubs of forex trading in Asia. Attribution: CJNews Needless to say, if you want to trade forex from Israel or with an Israeli brokerage, you should engage proper due diligence. The Israeli Securities Authority has issued guidance that it will hold forex companies to a higher standard of transparency, but the final responsibility falls on the individual investor. Get Sta...
Commodities

PrimeXBT Introduces New Forex Assets, Expands Trading Pairs – PRNewswire

VICTORIA, Seychelles, July 14, 2020 /PRNewswire/ -- PrimeXBT, an award-winning Bitcoin-based margin trading platform offering exposure to forex, stock indices, commodities, and cryptocurrencies, has further grown its list of expansive trading instruments by adding new assets and trading pairs. Emerging Economies Lead List of New Forex Currencies Added PrimeXBT has long offered all of the major forex currencies like USD, GBP, EUR, and JPY making up the majority of trading volume in the world's most liquid market. However, a pack of emerging economies has the forex market buzzing, offering traders yet another avenue for opportunity and thrilling volatility. To serve this growing demand in the forex market, PrimeXBT has now introduced the following new assets and trading pairs: The Mexic...
Oberoi Realty Q1 results: Net profit drops 82% to Rs 28 crore
Stock News

Oberoi Realty Q1 results: Net profit drops 82% to Rs 28 crore

New Delhi: Oberoi Realty on Tuesday reported a 82 per cent decline in its consolidated net profit at Rs 28.07 crore for the quarter ended June. Its net profit stood at Rs 152.07 crore in the year-ago period, the Mumbai-based realty firm said in a regulatory filing. Total income also declined to Rs 126.86 crore in the first quarter of ongoing fiscal from Rs 618.10 crore in the corresponding period of the previous year. "The Group's operations were impacted by the COVID-19 pandemic," the company said. It said the mall operations of company's subsidiary were severely impacted due to the coronavirus-induced lockdown in June quarter. "Due to the prevailing circumstances, and having regard to significant uncertainties relating to collection of rental and other amounts from lessees and the ...
EUR/USD Forex Market Rebounds Ahead of US Inflation Figures
Forex News

EUR/USD Forex Market Rebounds Ahead of US Inflation Figures

Coronavirus Crisis Still in Focus for Many Currencies USD Remains Strong on Risk-Off Attitude Asian Markets Open Lower Amid Negative Sentiment Risk Aversion has been the key word of the week so far as the coronavirus pandemic continues to dominate both headlines and market movements across the globe. The forex market remains very much impacted by the virus as rising case numbers tempt traders toward the safety of the US Dollar once again. Today’s opening in Asia looks to be following along a similar pattern as markets fall once again amid rising case numbers and an all-round uncertain outlook. Virus Concerns Persist Across US and Globally Coronavirus cases continued to rise on Thursday with more than 60,000 cases again reported in the US in figures that were similar to record dail...