Connect with us

Trading

List of Countries in the World

Published

on

gbaf1news
1 Afghanistan South-Central Asia
2 Albania Southern Europe
3 Algeria Northern Africa
4 American Samoa Polynesia, Oceania
5 Andorra Southern Europe
6 Angola Central Africa
7 Anguilla Leeward Islands, Caribbean
8 Antarctica Antarctica
9 Antigua and Barbuda Leeward Islands, Caribbean
10 Argentina Southern South America
11 Armenia Western Asia
12 Aruba Leeward Islands, Caribbean
13 Australia Australia
14 Austria Western Europe
15 Azerbaijan Western Asia
16 Bahamas Caribbean
17 Bahrain Arabian Peninsula, Middle East
18 Bangladesh South-Central Asia
19 Barbados Lesser Antilles, Caribbean
20 Belarus Eastern Europe
21 Belgium Western Europe
22 Belize Central America
23 Benin West Africa
24 Bermuda North America
25 Bhutan South-Central Asia
26 Bolivia Central South America
27 Bosnia and Herzegovina Southern Europe
28 Botswana Southern Africa
29 Brazil Central Eastern South America
30 Brunei Darussalam Southeast Asia
31 Bulgaria Eastern Europe
32 Burkina Faso Western Africa
33 Burundi Eastern Africa, African Great Lakes
34 Cambodia South-East Asia
35 Cameroon Central Africa
36 Canada North North America
37 Cape Verde Western Africa
38 Cayman Islands Greater Antilles, Caribbean
39 Central African Republic Central Africa
40 Chad Central Africa
41 Chile Western South America
42 China Eastern Asia
43 Christmas Island Southeast Asia
44 Cocos (Keeling) Islands South-East Asia, Australia
45 Colombia North West South America
46 Comoros Eastern Africa
47 Democratic Republic of the Congo (Kinshasa) Central Africa
48 Congo, Republic of (Brazzaville) Central Africa
49 Cook Islands Polynesia, Oceania
50 Costa Rica Central America
51 Ivory Coast Western Africa
52 Croatia Southern Europe
53 Cuba Greater Antilles, Caribbean
54 Cyprus Mediterranean, Western Asia
55 Czech Republic Eastern Europe
56 Denmark Northern Europe
57 Djibouti Eastern Africa
58 Dominica Lesser Antilles, Caribbean
59 Dominican Republic Greater Antilles, Caribbean
60 East Timor (Timor-Leste) South-East Asia
61 Ecuador North West South America
62 Egypt Africa, Middle East
63 El Salvador Central America
64 Equatorial Guinea Central Africa
65 Eritrea Eastern Africa
66 Estonia Northern Europe
67 Ethiopia Eastern Africa
68 Falkland Islands Southern South America
69 Faroe Islands Northern Europe
70 Fiji Melanesia, Oceania
71 Finland Northern Europe
72 France Western Europe
73 French Guiana Northern South America
74 French Polynesia Polynesia, Oceania
75 French Southern Territories Southern South America, Antarctic
76 Gabon Central Africa
77 Gambia Western Africa
78 Georgia Western Asia
79 Germany Western Europe
80 Ghana Western Africa
81 Gibraltar Southern Europe
82 Great Britain Northern Europe
83 Greece Southern Europe
84 Greenland North America
85 Grenada Lesser Antilles, Caribbean
86 Guadeloupe Lesser Antilles, Caribbean
87 Guam Micronesia, Oceania
88 Guatemala Central America
89 Guinea Western Africa
90 Guinea-Bissau Western Africa
91 Guyana North Eastern South America
92 Haiti Greater Antilles, Caribbean
93 Holy See Southern Europe within Italy
94 Honduras Central America
95 Hong Kong Eastern Asia
96 Hungary Eastern Europe
97 Iceland Northern Europe
98 India South-Central Asia
99 Indonesia Maritime South-East Asia
100 Iran (Islamic Republic of) South-Central Asia
101 Iraq Middle East, Western Asia
102 Ireland Northern Europe
103 Israel Middle East, Western Asia
104 Italy Southern Europe
105 Jamaica Greater Antilles, Caribbean
106 Japan Eastern Asia
107 Jordan Middle East, Western Asia
108 Kazakhstan Central Asia
109 Kenya Eastern Africa
110 Kiribati Micronesia, Oceania
111 Korea, Democratic People’s Rep. (North Korea) Eastern Asia
112 Korea, Republic of (South Korea) Eastern Asia
113 Kuwait Middle East, Western Asia
114 Kyrgyzstan Central Asia
115 Lao, People’s Democratic Republic South-East Asia
116 Latvia Northern Europe
117 Lebanon Middle East, Western Asia
118 Lesotho Southern Africa
119 Liberia Western Africa
120 Libya Northern Africa
121 Liechtenstein Western Europe
122 Lithuania Northern Europe
123 Luxembourg Western Europe
124 Macau Eastern Asia
125 Macedonia, Rep. of Southern Europe
126 Madagascar Eastern Africa
127 Malawi Eastern Africa
128 Malaysia Southeast Asia
129 Maldives South-Central Asia
130 Mali Western Africa
131 Malta Southern Europe
132 Marshall Islands Micronesia, Oceania
133 Martinique Lesser Antilles, Caribbean
134 Mauritania Western Africa
135 Mauritius Eastern Africa
136 Mayotte Eastern Africa
137 Mexico North America
138 Micronesia, Federal States of Micronesia, Oceania
139 Moldova, Republic of Eastern Europe
140 Monaco Southern Europe
141 Mongolia Eastern Asia
142 Montenegro Southern Europe
143 Montserrat Lesser Antilles, Caribbean
144 Morocco Northern Africa
145 Mozambique Eastern Africa
146 Myanmar, Burma Southeast Asia
147 Namibia Southern Africa
148 Nauru Micronesia, Oceania
149 Nepal South-Central Asia
150 Netherlands Western Europe
151 Netherlands Antilles Caribbean
152 New Caledonia Melanesia, Oceania
153 New Zealand Oceania; Australia
154 Nicaragua Central America
155 Niger Western Africa
156 Nigeria Western Africa
157 Niue Polynesia, Oceania
158 Northern Mariana Islands Micronesia, Oceania
159 Norway Northern Europe
160 Oman Middle East
161 Pakistan South-Central Asia
162 Palau Micronesia, Oceania
163 Palestinian territories Middle East, Western Asia
164 Panama Central America
165 Papua New Guinea Maritime Southeast Asia, Melanesia, Oceania
166 Paraguay Central South America
167 Peru Western South America
168 Philippines Southeast Asia
169 Pitcairn Island Polynesia, Oceania
170 Poland Eastern Europe
171 Portugal Southern Europe
172 Puerto Rico Greater Antilles, Caribbean
173 Qatar Arabian Peninsula, Middle East
174 Reunion Island Eastern Africa
175 Romania Eastern Europe
176 Russian Federation Eastern Europe – Northern Asia
177 Rwanda Eastern Africa, African Great Lakes
178 Saint Kitts and Nevis Lesser Antilles, Caribbean
179 Saint Lucia Lesser Antilles, Caribbean
180 Saint Vincent and the Grenadines Lesser Antilles, Caribbean
181 Samoa Polynesia, Oceania
182 San Marino Southern Europe within Italy
183 Sao Tome and Principe Central Africa
184 Saudi Arabia Arabian Peninsula, Middle East
185 Senegal Western Africa
186 Serbia Southern Europe
187 Seychelles Eastern Africa
188 Sierra Leone Western Africa
189 Singapore Southeast Asia
190 Slovakia (Slovak Republic) Eastern Europe
191 Slovenia Southern Europe
192 Solomon Islands Melanesia, Oceania
193 Somalia Eastern Africa
194 South Africa Southern Africa
195 South Sudan East-Central Africa
196 Spain Southern Europe
197 Sri Lanka South-Central Asia
198 Sudan Northern Africa
199 Suriname North-Eastern South America
200 Swaziland Southern Africa
201 Sweden Northern Europe
202 Switzerland Western Europe
203 Syria, Syrian Arab Republic Middle East, Western Asia
204 Taiwan (Republic of China) Eastern Asia
205 Tajikistan Central Asia
206 Tanzania; officially the United Republic of Tanzania Eastern Africa
207 Thailand South-East Asia
208 Tibet South-Central Asia
209 Timor-Leste (East Timor) Maritime South-East Asia
210 Togo Western Africa
211 Tokelau Oceania/Australia
212 Tonga Polynesia, Oceania
213 Trinidad and Tobago Northern South America, Caribbean
214 Tunisia Northern Africa
215 Turkey Southeastern Europe, Western Asia
216 Turkmenistan Central Asia
217 Turks and Caicos Islands Caribbean, parts of the Bahamas island chain.
218 Tuvalu Polynesia, Oceania
219 Uganda Eastern Africa
220 Ukraine Eastern Europe
221 United Arab Emirates Arabian Peninsula, Middle East
222 United Kingdom Northern Europe
223 United States North America
224 Uruguay Central East South America
225 Uzbekistan Central Asia
226 Vanuatu Melanesia, Oceania
227 Vatican City State (Holy See) Southern Europe within Italy
228 Venezuela Northern South America
229 Vietnam South-East Asia
230 Virgin Islands (British) Lesser Antilles, Caribbean
231 Virgin Islands (U.S.) Lesser Antilles, Caribbean
232 Wallis and Futuna Islands Polynesia, Oceania
233 Western Sahara Northern Africa
234 Yemen Arabian Peninsula, Middle East
235 Zambia Eastern Africa
236 Zimbabwe Eastern Africa

Trading

Dollar extends decline as risk appetite favors equities

Published

on

Dollar extends decline as risk appetite favors equities 1

By Stephen Culp

NEW YORK (Reuters) – The dollar lost ground on Friday, extending Thursday’s decline as improved risk appetite attracted buyers to equities and away from the safe-haven greenback.

The U.S. dollar has been weighed down by a string of soft labor market data, even as President Joe Biden’s proposed $1.9 trillion spending package takes shape.

“What the foreign exchange market is looking at in the short term, is the dollar is going to be weak despite progress in the economy because this country has a huge deficit problem,” said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. “The dollar index could easily test the lows of last September.”

Also weighing on the dollar, the real yield gap between the United States and Germany is at its tightest since March, analysts said, despite the recent rise in U.S. Treasury yields.

Bitcoin continues to hover at record highs, and the world’s largest cryptocurrency was last up 2.6% at $52,931.46, nearing $1 trillion in market capitalization.

Its smaller rival, ethereum, was last down 1.0% at $1,920.13.

The digital currencies have gained about 82% and 1,400%, respectively, year to date, leading some analysts to warn of a speculative bubble.

“There may be a place for (cryptocurrencies) somewhere down the road, but the theories that cryptos will replace paper currency are far-fetched,” Cardillo added. “It’s total speculation at this point and people are going to pay the price.”

The Australian dollar, which is closely linked to commodity prices and the outlook for global growth, was last up 1.15% at $0.7858, touching its highest since March 2018.

The New Zealand dollar also gained, closing in on a more than two-year high, and the Canadian dollar advanced as well.

Sterling rose to an almost three-year high amid Britain’s aggressive vaccination programme. It had last gained 0.34% to $1.40.

The euro showed little reaction to a slowdown in factory activity indicated by purchasing manager index data, rising 0.29% to $1.2126.

The yen, gained ground against the dollar and was last at 105.495, creeping above its 200-day moving average for the first time in three days.

(Reporting by Stephen Culp, additonal reporting by Tommy Wilkes; editing by Emelia Sithole-Matarise)

 

Continue Reading

Trading

Bitcoin hits $1 trillion market cap, soars to another record high

Published

on

Bitcoin hits $1 trillion market cap, soars to another record high 2

By Gertrude Chavez-Dreyfuss and Tom Wilson

NEW YORK/LONDON (Reuters) – Bitcoin touched a market capitalization of $1 trillion as it hit yet another record high on Friday, countering analyst warnings that it is an “economic side show” and a poor hedge against a fall in stock prices.

The world’s most popular cryptocurrency jumped to an all-time high above $54,000, setting it on course for a weekly jump of more than 11%. It has surged roughly 64% so far this month and was last up 5.5% at $54,405.

Bitcoin’s gains have been fueled by signs it is gaining acceptance among mainstream investors and companies, from Tesla and Mastercard to BNY Mellon.

All digital coins combined have a market cap of around $1.7 trillion.

“If you really believe there’s a store of value in bitcoin, then there’s still a lot of upside,” said John Wu, president of AVA Labs, an open-source platform for creating financial applications using blockchain technology.

“If you look at gold, it has a market cap $9 or $10 trillion. Even if bitcoin gets to half of gold’s market cap, that still growth of 4X, or $200,000. So I don’t know when it stops rising,” he added.

Still, many analysts and investors remain skeptical of the patchily regulated and highly volatile digital asset, which is little used for commerce.

Analysts at JP Morgan said bitcoin’s current prices were well above estimates of fair value. Mainstream adoption increases bitcoin’s correlation with cyclical assets, which rise and fall with economic changes, in turn reducing benefits of diversifying into crypto, the investment bank said in a memo.

“Crypto assets continue to rank as the poorest hedge for major drawdowns in equities, with questionable diversification benefits at prices so far above production costs, while correlations with cyclical assets are rising as crypto ownership is mainstreamed,” JP Morgan said.

Bitcoin is an “economic side show,” it added, calling innovation in financial technology and the growth of digital platforms into credit and payments “the real financial transformational story of the COVID-19 era.”

Other investors this week said bitcoin’s volatility presents a hurdle for it to become a widespread means of payment.

On Thursday, Tesla boss Elon Musk – whose tweets have fueled bitcoin’s rally – said owning the digital coin was only a little better than holding cash. He also defended Tesla’s recent purchase of $1.5 billion of bitcoin, which ignited mainstream interest in the digital currency.

Bitcoin proponents argue the cryptocurrency is “digital gold” that can hedge against the risk of inflation sparked by massive central bank and government stimulus packages designed to counter COVID-19.

Yet bitcoin would need to rise to $146,000 in the long-term for its market cap to equal the total private-sector investment in gold via exchange-traded funds or bars and coins, according to JP Morgan.

Rival cryptocurrency ether traded down 0.3%, at $1,934.67, still near a record of $1,951 reached earlier on Friday. It has been lifted by growing institutional interest, after its futures were launched on the Chicago Mercantile Exchange.

(Reporting by Gertrude Chavez-Dreyfuss in New York and Tom Wilson in London; Editing by Dan Grebler)

 

Continue Reading

Trading

UK retail sales drop, NatWest loss dampen FTSE 100 mood

Published

on

UK retail sales drop, NatWest loss dampen FTSE 100 mood 3

By Shivani Kumaresan and Amal S

(Reuters) – The FTSE 100 was muted on Friday as a bigger-than-expected drop in January retail sales underscored the business damage from a prolonged nationwide lockdown, while NatWest group fell after swinging to an annual loss.

The commodity-heavy FTSE 100 was flat as gains in miners Anglo American, Rio Tinto and BHP Group capped losses.

Oil producers BP and Royal Dutch Shell fell 1.2% and 0.5%, respectively as crude prices slid.

Data on Friday showed British retail sales tumbled much more than expected in January as non-essential shops went back into coronavirus lockdowns. Flash readings of business activity data, due at 0930 GMT, are likely to show the services sector struggling to return to growth in February.

“The 8.2% fall was considerably higher than we’d expected (around 4%), and provides clear evidence the hit to consumer spending is noticeably larger than it was during the November restrictions,” said James Smith, market economist at ING.

He added focus will now be on UK’s COVID-19 vaccination program and easing of restrictions, to drive economic recovery.

The FTSE 100 has recovered nearly 35% from its March 2020 lows but has been largely range-bound since the beginning of this year as a nationwide lockdown hurt business activity, undermining hopes of economic growth in the second half of the year.

The domestically-focused mid-cap FTSE 250 index rose 0.2%, with consumer and industrials stocks leading gains.

NatWest fell 0.6% after the financial services provider swung to a full-year loss for 2020 after COVID-19 lockdowns crunched household spending.

Segro Plc rose 1.7% after the real estate investment trust reported a near 11% jump in annual profit for 2020.

Banking group TBC Bank fell 2.3% after a slump in annual underlying profit due to lower interest rates and limited lending growth in the fourth quarter from the COVID-19 pandemic.

(Reporting by Shivani Kumaresan and Amal S in Bengaluru; Editing by Vinay Dwivedi and Krishna Chandra Eluri)

Continue Reading
Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.

Call For Entries

Global Banking and Finance Review Awards Nominations 2021
2021 Awards now open. Click Here to Nominate

Latest Articles

UK might need negative rates if recovery disappoints - BoE's Vlieghe 4 UK might need negative rates if recovery disappoints - BoE's Vlieghe 5
Top Stories6 hours ago

UK might need negative rates if recovery disappoints – BoE’s Vlieghe

By David Milliken and William Schomberg LONDON (Reuters) – The Bank of England might need to cut interest rates below...

UK economy shows signs of stabilisation after new lockdown hit 6 UK economy shows signs of stabilisation after new lockdown hit 7
Top Stories6 hours ago

UK economy shows signs of stabilisation after new lockdown hit

By William Schomberg and David Milliken LONDON (Reuters) – Britain’s economy has stabilised after a new COVID-19 lockdown last month...

Dollar extends decline as risk appetite favors equities 8 Dollar extends decline as risk appetite favors equities 9
Trading6 hours ago

Dollar extends decline as risk appetite favors equities

By Stephen Culp NEW YORK (Reuters) – The dollar lost ground on Friday, extending Thursday’s decline as improved risk appetite...

Bitcoin hits $1 trillion market cap, soars to another record high 10 Bitcoin hits $1 trillion market cap, soars to another record high 11
Trading6 hours ago

Bitcoin hits $1 trillion market cap, soars to another record high

By Gertrude Chavez-Dreyfuss and Tom Wilson NEW YORK/LONDON (Reuters) – Bitcoin touched a market capitalization of $1 trillion as it...

Shares rise as cyclical stocks provide support; yields climb 12 Shares rise as cyclical stocks provide support; yields climb 13
Investing6 hours ago

Shares rise as cyclical stocks provide support; yields climb

By Saqib Iqbal Ahmed NEW YORK (Reuters) – A gauge of global equity markets snapped a 3-day losing streak to...

Battling Covid collateral damage, Renault says 2021 will be volatile 14 Battling Covid collateral damage, Renault says 2021 will be volatile 15
Business7 hours ago

Battling Covid collateral damage, Renault says 2021 will be volatile

By Gilles Guillaume PARIS (Reuters) – Renault said on Friday it is still fighting the lingering effects of the COVID-19...

Portable Oxygen Concentrators Market to Register 7.8% CAGR Through 2026; Sales to Surge as Oxygen Therapy Becomes Crucial in Covid-19 Treatments 16 Portable Oxygen Concentrators Market to Register 7.8% CAGR Through 2026; Sales to Surge as Oxygen Therapy Becomes Crucial in Covid-19 Treatments 17
Research Reports9 hours ago

Portable Oxygen Concentrators Market to Register 7.8% CAGR Through 2026; Sales to Surge as Oxygen Therapy Becomes Crucial in Covid-19 Treatments

Portable oxygen concentrator manufacturers are largely concerned with the maintenance of inventories throughout the coronavirus crisis, with optimization of supply...

Cancer Supportive Care Products Market to Reach US$ 32 Bn by 2030; Sales Limited by Complications for Cancer Patients Through Covid-19 Infections 18 Cancer Supportive Care Products Market to Reach US$ 32 Bn by 2030; Sales Limited by Complications for Cancer Patients Through Covid-19 Infections 19
Research Reports9 hours ago

Cancer Supportive Care Products Market to Reach US$ 32 Bn by 2030; Sales Limited by Complications for Cancer Patients Through Covid-19 Infections

The cancer supportive care products market is anticipated to reach a valuation of US$ 32 billion by 2030. The industry is expected...

Bronchoscopes Sales to Rise 1.5x Between 2018 and 2028; Potential Covid-19 Diagnostic Applications to Generate Lucrative Growth Opportunities 20 Bronchoscopes Sales to Rise 1.5x Between 2018 and 2028; Potential Covid-19 Diagnostic Applications to Generate Lucrative Growth Opportunities 21
Research Reports9 hours ago

Bronchoscopes Sales to Rise 1.5x Between 2018 and 2028; Potential Covid-19 Diagnostic Applications to Generate Lucrative Growth Opportunities

Bronchoscope manufacturers remain focused on development initiatives to improve product functionality and accuracy for higher adoption amid healthcare facilities. The bronchoscopes...

US$ 1.1 Bn Hypoparathyroidism Treatment Market Still in Infancy 22 US$ 1.1 Bn Hypoparathyroidism Treatment Market Still in Infancy 23
Research Reports9 hours ago

US$ 1.1 Bn Hypoparathyroidism Treatment Market Still in Infancy

Mushrooming incidences of thyroid cancer have amplified the number of thoracic surgeries, thus stimulating growth of hypoparathyroidism treatment market. Future...

Newsletters with Secrets & Analysis. Subscribe Now