iPhone7 will go on sale September 16 Investors Buz – Global Markets Roundup According to prominent mobile phone leaker Evan Blass (a.k.a @evleaks), the world may be just under two months away from the iPhone 7. “iPhone 2016 release: week of September 12th,” he wrote on Twitter. “Just to clarify, this refers to the retail […]
Global Market Trends
What is a Market
Market News Gives An outlook of where the Market has Been and where It appears to be Going Attempt to Show a path in the Best Possible Direction A market is a medium that allows buyers and sellers of a specific good or service to interact in order to facilitate an exchange. This type of market may either be a physical marketplace where people come together to exchange goods and services in person, as in a bazaar or shopping center, or a virtual market wherein buyers and sellers do not interact, as in an online market.
Markets may come in the form of physical locations where transactions are made, which may exist as anything from thrift or boutique stores selling individual items to wholesale markets selling goods to other distributors. Yet, markets do not necessarily need to be a physical meeting place. Internet-based stores and auction sites are all markets in which transactions can take place entirely online and where the two parties do not ever need to physically meet. Technically speaking, a market is any medium through which two or more parties can engage in an economic transaction, even those that do not necessarily need to involve money. A market transaction may involve goods, services, information, currency or any combination of these things passing from one party to another in exchange for one of these or another combination.
Because of the reduced position of government in a free market economy, forces within the market often gain power over the economy instead. Without certain regulations, this can lead to monopolies, monopsonies, oligopolies or oligopsonies, which may distort the forces of supply and demand – and thus price as well – within the economy in question. In certain conditions, such situations may result in certain negative externalities, such as pollution and other forms of environmental degradation. Such situations may also have the additional effect of reducing the efficiency and productivity of processes within the market.
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De Beers puts Canadian Snap Lake diamond mine up for sale Investors Buz – Global markets Roundup De Beers Anglo American’s (OTCPK:AAUKF, OTCPK:AAUKY) has put its De Beers diamond unit has put its Snap Lake mine in Canada’s Northwest Territories up for sale after suspending operations at the mine last December, Reuters reports. Snap […]
Microsoft enhances OneDrive photos, adds Poké detector Investors Buz – Global Markets Roundup Microsoft (MSFT +1.2%) adds automatic albums, “On this day“, improved search, photo folders and most interestingly, a Poké detector to its cloud photo service. Automatic albums populate based on time photos were taken and location. The service arranges the highest quality photos within […]