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Finance Tech, Liquidity

Gold Price Outlook: Fed May Shake Up Markets. Pullback or Rally in Store?

March 18, 2024

Via: DailyFX

Gold prices advanced on Monday, but gains were limited in a context of market caution ahead of high-impact events in the coming sessions, including the FOMC announcement on Wednesday. In this context, XAU/USD climbed approximately 0.2% in early afternoon trading […]


Finance Tech, Liquidity

Euro Higher Despite Market Worries of More Gradualist Fed

March 18, 2024

Via: DailyFX

The Euro edged higher against the United States Dollar as a new trading week began in Europe on Monday, with moves likely to remain extremely limited at least until Wednesday’s monetary policy decision from the Federal Reserve. This is always […]


Industries, Retail & Wholesale

Wholesale inflation rose 0.6% in February, much more than expected

March 14, 2024

Via: NBC News

Wholesale prices accelerated at a faster-than-expected pace in February, another reminder that inflation remains a troublesome issue for the U.S. economy. The producer price index, which measures pipeline costs for raw, intermediate and finished goods, jumped 0.6% on the month, […]


News

UK economy returns to growth

March 13, 2024

Via: Sky News

The measure of everything produced in the UK – a metric called gross domestic product (GDP) – rose 0.2%, the Office for National Statistics (ONS) said. It’s the first official economic growth announcement since a recession was declared last month […]


News

US Inflation Preview: What’s Ahead for Gold Prices, the US Dollar and Stocks?

March 12, 2024

Via: DailyFX

Tuesday marks an important day for investors of all stripes as the U.S. Bureau of Labor Statistics is set to release the February’s consumer price index survey, a key report that is anticipated to provide fresh insights into recent inflation […]


News

How to choose between a cash and stocks and shares ISA as the end of the tax year approaches

March 11, 2024

Via: MoneyWeek

There are just a few weeks left to make use of you ISA allowance and many will be questioning if they are better off putting their money into a cash or stocks and shares tax wrapper. The rates on cash […]


Finance Tech, Trading

Bitcoin hits another new high as UK regulator paves way for more crypto trading

March 11, 2024

Via: Sky News

On Monday morning one Bitcoin, the best-known cryptocurrency, could buy $72,219 (£56,303). The price of the digital asset has grown 51% in the last month alone as the so-called ‘halving’ event approaches whereby Bitcoin production will fall from 900 to […]


Energy, Industries

The AI industry is pushing a nuclear power revival — partly to fuel itself

March 7, 2024

Via: NBC News

Tech firms and Silicon Valley billionaires have been pouring money into nuclear energy for years, pitching the sustainable power source as crucial to the green transition. Now they have another incentive to promote it: artificial intelligence. While generative AI has […]


Enterprise, Industries

Abercrombie tops expectations for Q4 earnings and revenue, shares down

March 6, 2024

Via: Investing.com

Abercrombie & Fitch (ANF) reported better-than-expected earnings and revenue for the fiscal fourth quarter, with comparable sales and gross margin also topping expectations. ANF shares fell around 3% at the market open. The company announced its Q4 earnings per share […]


Industries, Others

China sets ambitious growth target of around 5% and announces increases in military spending

March 5, 2024

Via: Sky News

Chinese Premier Li Qiang made the announcement at the opening of the country’s annual meeting of the National People’s Congress on Tuesday, in a speech that prioritised both security and the economy. Mr Li said the government would issue 1 […]


News

Jeremy Hunt set to cut national insurance by two percentage points at budget

March 5, 2024

Via: Sky News

This cut follows a similar reduction in the levy announced in last year’s autumn statement, and comes as the Conservative government looks to set the fiscal stage for the election set to take place in the next 12 months. Cutting […]


Finance Tech, Liquidity

USD/JPY Starts Week Strong; Tokyo Inflation, ISM Services, Powell & NFP in Focus

March 4, 2024

Via: DailyFX

USD/JPY climbed upwards on Monday, rising about 0.2% to 150.36, supported by increasing U.S. Treasury yields, with the U.S. 10-year bond back above 4.20% in late morning trading in New York. This week, markets are laser-focused on a series of […]


Finance Tech, Trading

Online trading platform Webull is set to go public via a $7.3 billion SPAC deal

February 28, 2024

Via: CNBC

Webull is planning to go public through merging with a special purpose acquisition company in a deal that values the digital investing platform at $7.3 billion. The New York-based online brokerage will combine with SK Growth Opportunities Corporation in the […]


Finance Tech, Liquidity, Trading

Oil prices ease, US crude stock build fuels demand fears

February 28, 2024

Via: Investing.com

Oil prices eased early on Thursday after a larger-than-expected build in U.S. crude stockpiles stoked worries about slow demand, while signs that U.S. interest rates could remain elevated for longer also added to pressure. Brent crude futures fell 22 cents, […]


Finance Tech, Trading

Oil eases as Fed caution, stock build outweigh OPEC+ news

February 27, 2024

Via: Investing.com

Oil prices pulled back in Asia on Wednesday as the prospect of a delay in the U.S. rate-cutting cycle and a rise in U.S. crude stocks offset a boost on Tuesday from news OPEC+ might extend its output cuts. Brent […]


Finance Tech, Trading

Three fund ideas for your stocks and shares ISA

February 26, 2024

Via: MoneyWeek

As we get into ISA season, you may be looking at ways to make use of your allowance before the cut-off on 5 April 2024. ISAs are a great way to keep your savings shielded from the taxman, especially as […]


News

Boeing Efforts to Improve Safety Fall Short, FAA Panel Says

February 26, 2024

Via: The Wall Street Journal

Boeing’s push to improve its safety culture after two 737 MAX crashes is falling short, according to a panel tasked with reviewing the plane maker’s practices following the accidents. The independent panel established by the Federal Aviation Administration found a […]


Finance Tech, Mobile Banking & Payments

Mastercard to be dinged by Discover deal

February 21, 2024

Via: Payments Dive

Mastercard is likely to suffer the biggest competitive blow in the card network industry if Capital One absorbs Discover Financial Services, shifting debit and credit payment flows to its newly acquired network. The deal is still subject to regulatory approvals […]


News

Asian shares ease as early rate cut bets fizzle, focus on Fed minutes

February 20, 2024

Via: Investing.com

Asian stocks eased on Wednesday as diminishing expectations of early interest rate cuts from the Federal Reserve sapped risk appetite, with investors looking to the minutes of the U.S. central bank’s last meeting for clues on the policy outlook. MSCI’s […]


News

US investor in talks with Superdry co-founder about a bid for the chain, Sky News reports

February 19, 2024

Via: Investing.com

U.S. asset manager Davidson Kempner, owner of Britain’s Oak Furnitureland, is in discussions with British fashion retailer Superdry co-founder Julian Dunkerton about backing an offer for the clothing company, Sky News reported on Monday, without citing a source. The talks […]