Declines in U.S Crude Oil Market Supplies point to Price Pullback
With the U.S. crude oil inventories being at their lowest point since March 2020, as well as technical indicators pointing towards the...
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2021: The Year of the Ox. Will Bullish Sentiment Follow?
Happy Chinese New Year. The team at Tower recognises that this will be the year of the Ox, which is often connotated with Bullish...
China the Only World Power to Avoid a 2020 Recession
As the globe tentatively steps forward in the first steps of a fragile recovery from the recession caused by the Coronavirus, China’s...
Australian Securities Exchange Falls Sharply in concert with Wall Street Wipeout
The ASX 200 has seen a dramatic contraction in a considerably small timeframe today, losing $AUD 50 billion by midday today. The nearly...
FX Market Rates at time of Publication 1st September 2020
FX Market Rates at time of Publication AUD/USD: 0.74 USD/CNY: 6.81 EUR/USD: 1.19 GBP/USD: 1.34 USD/JPY: 105.65 USD/CHF: 0.90 USD/CAD:...
USD Sentiment turns Bearish in Response to Fed Policy Shift
The United States Dollar is continuing its decent towards multi-year lows against most major and many minor currencies as investors...
FX Market Rates at time of Publication 31st August 2020
FX Market Rates at time of Publication AUD/USD: 0.73 USD/CNY: 6.86 EUR/USD: 1.19 GBP/USD: 1.33 USD/JPY: 105.47 USD/CHF: 0.90 USD/CAD:...
AI Requires a Measured Approach - It is not Magic
In a recent presentation by Steven Astorino, Vice President of Developments, Data and AI at IBM, Astorino has warned that new businesses...
Tower Global Partners with Blackstone Futures and Union to bring Micro Funds to Market
Tower Global is proud to announce its long-term strategic partnership with BlackStone Futures and Union. The collaboration coincides...
FX Market Rates at time of Publication 24th August 2020
FX Market Rates at time of Publication AUD/USD: 0.71 USD/CNY: 6.91 EUR/USD: 1.18 GBP/USD: 1.31 USD/JPY: 105.81 USD/CHF: 0.90 USD/CAD:...
SoftBank Broadens Scope from Unlisted Startups to the Technology Sector
SoftBank Group Corp has recently moved from their main focus on investing in unlisted startup companies and into building stakes in major...
FX Market Rates at time of Publication 17th August 2020
FX Market Rates at time of Publication AUD/USD: 0.71 USD/CNY: 6.93 EUR/USD: 1.18 GBP/USD: 1.31 USD/JPY: 106.50 USD/CHF: 0.90 USD/CAD:...
FX Market Rates at time of Publication 13th August 2020
FX Market Rates at time of Publication AUD/USD: 0.71 USD/CNY: 6.93 EUR/USD: 1.18 GBP/USD: 1.30 USD/JPY: 106.61 USD/CHF: 0.90 USD/CAD:...
Scientists Create Algorithm in an Attempt to Improve Large-Scale Quantum Computing Prospects
Researchers from the University of Sydney have recently released an algorithm that aims to improve the application and implementation of...
FX Market Rates at time of Publication 6th August 2020
FX Market Rates at time of Publication AUD/USD: 0.71 USD/CNY: 6.94 EUR/USD: 1.18 GBP/USD: 1.31 USD/JPY: 105.52 USD/CHF: 0.90 USD/CAD:...
Gold Prices hit Historical High
Gold prices have moved beyond the resistance line of USD $2000 recently, reaching all-time highs at USD $2048 before tracking downwards...
FX Market Rates at time of Publication 3rd August 2020
FX Market Rates at time of Publication AUD/USD: 0.71 USD/CNY: 6.97 EUR/USD: 1.17 GBP/USD: 1.30 USD/JPY: 105.95 USD/CHF: 0.91 USD/CAD:...
USD Records Worst Month in a Decade in response to Coronavirus Concerns
The USD Dollar Index was down almost five percent at the end of July, which is the worst drop since 2010. The global market is showing...
FX Market Rates at time of Publication 31st July 2020
FX Market Rates at time of Publication AUD/USD: 0.72 USD/CNY: 6.98 EUR/USD: 1.18 GBP/USD: 1.31 USD/JPY: 104.35 USD/CHF: 0.90 USD/CAD:...
JP Morgan Acceeds to Modernity
US investment bank JP Morgan has seemingly properly embraced the modern world of fintech operational parameters by hiring a machine...