US Housing Starts Drop way More than Expected US Housing Starts in the United States slumped 8.2 percent month-over-month to an annualized rate of 1,192 thousand in December of 2017, compared to market expectations of a 1.7 percent decline. It is the biggest drop since November of 2016 amid an 11.8 percent fall in single-family […]
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.
Glance Announces Licencees Will Have the Right to Use Glance Cryptocurrency for Cannabis and Other Industries VANCOUVER, British Columbia, Jan. 18, 2018 (GLOBE NEWSWIRE) Glance Cryptocurrency — Glance Technologies Inc. (CSE:GET) / (OTCQB:GLNNF) / (FKT:GJT) announces that the 4 major technology licenses it has signed include the rights to offer Glance Coin as a set […]
China New Home Prices Rise at Faster Pace in December INSIGHT China New Home Prices Average prices of new homes in 70 Chinese cities rose by 5.3 percent year-on-year in December of 2017, after a 5.1 percent gain in November. It was the 27th straight month of increase in house prices. In Beijing and Shanghai, […]
China’s Chery Automobile Co will use self-driving platform from Nvidia Nvidia (NASDAQ:NVDA) says China’s Chery Automobile Co. will use the ZF ProAI self-driving platform it developed with Baidu (NASDAQ:BIDU) and ZF Friedrichshafen. Last week, Nvidia said that Baidu and ZF selected Nvidia Drive for their self-driving vehicle computing platform development in China. Chery Automobile Nvidia shares are down […]
Italian Trade Surplus Widens in November INSIGHT Italian Trade Surplus Italy’s trade surplus increased sharply to EUR 4.83 billion in November 2017 from EUR 4.01 billion in the same month of the previous year, but below market expectations of EUR 5.22 billion. Exports rose 9.7 percent to EUR 40.67 billion while imports advanced at a […]