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Tag: industry


Finance Tech, Trading

Shiba Inu (SHIB) Becoming Bullish, Ethereum (ETH) Price Screams Rally Continuation, Bitcoin (BTC) Not Giving up Market Dominance

January 19, 2024

Via: Investing.com

Shiba Inu currently displays an ascending triangle pattern on the SHIB/USDT chart. This technical formation is widely recognized and could be a signal to a significant price surge for the meme. An ascending triangle is characterized by a flat upper […]


News

EU Breaking News: German Inflation Rises While Sentiment Improves

January 16, 2024

Via: DailyFX

German inflation rose to 3.7% in December, up from the prior 3.2% in November. The HICP measure rose to 3.8%, up from 2.3% in November. The rise in the data was preceded by numerous warnings by prominent ECB officials that […]


News

China Becomes the World’s Biggest Auto Exporter—With Help From Russia

January 9, 2024

Via: The Wall Street Journal

China’s overseas auto sales surged to a record last year, on track to surpass Japan as the world’s biggest car exporter and marking a tectonic shift for the global industry. While China has become acknowledged as a world leader in […]


Finance Tech, Liquidity

Oil to remain volatile in 2024, says BofA

January 5, 2024

Via: Investing.com

U.S. oil companies and refiners are likely to face another challenging 12 months in 2024, Bank of America (BofA) analysts wrote in a note on Friday, who expect Brent crude to average $80 per barrel this year. Crude futures lost […]


News

US Dollar Comes Alive as Yields Fly, Setups on EUR/USD, GBP/USD and USD/JPY

January 2, 2024

Via: DailyFX

The US dollar, as measured by the DXY index, started the new year on the front foot, rising for the third consecutive session, supported by a rebound in U.S. Treasury yields, with the 10-year note up 7 bp to 3.93%. […]


Capital, Finance Tech

Should new year investors be daring or defensive? Top stocks for 2024

December 29, 2023

Via: MoneyWeek

Leaps in healthcare technology continue to benefit humankind: from the advent of the X-ray in the 19th century to dialysis, CT, MRI, and other machines in the 20th century, to a new breadth of digital tools in this era. Perhaps […]


Industries, Others

The 10 areas bucking the house price slump

December 28, 2023

Via: MoneyWeek

Average house prices have been falling for much of the year but some areas are bucking the trend. High mortgage rates have pushed property demand down this year and house prices indices from Halifax, Nationwide and the Office for National […]


News

Top Lesson of 2023 – Discipline is Paramount in Rapidly Changing Markets

December 26, 2023

Via: DailyFX

Trading in forex or other financial assets necessitates a steadfast commitment to a carefully devised plan and effective risk management. This year, I learned first-hand that straying from a well-established strategy impulsively can lead to detrimental outcomes. My approach to […]


News

ONS ‒ house price falls accelerating

December 20, 2023

Via: MoneyWeek

The rate at which house prices are falling has accelerated, the latest house price index from the Office for National Statistics (ONS) has found. In its latest index, the ONS revealed that the average house price dropped by 1.2% in […]


Finance Tech, Liquidity

Oil prices fall on demand concerns after US stock build

December 20, 2023

Via: Investing.com

Oil prices fell on Thursday, as concerns over low demand following a surprise U.S. crude inventory build outweighed jitters over global trade disruptions and geopolitical tensions in the Middle East. Brent crude futures fell 65 cents, or 0.8%, to $79.05 […]


News

US Dollar Demolished by Fed’s Dovish Pivot, Tech Setups on EUR/USD and USD/JPY

December 14, 2023

Via: DailyFX

The U.S. dollar, as measured by the DXY index, extended its retracement on Thursday, sinking below that 102.00 mark and reaching its lowest level since early August. This selloff was the result of the collapse in U.S. Treasury yields, triggered […]


News

Here’s the inflation breakdown for November 2023 — in one chart

December 12, 2023

Via: CNBC

Inflation declined slightly last month on the back of weaker prices at the gasoline pump and a broader easing of price pressures throughout the U.S. economy, experts said. The consumer price index in November increased 3.1% from 12 months earlier, […]


Finance Tech, Trading

Bitcoin (BTC/USD) Price Forecast: Eyes on $40k Support as ARK Sell More Coinbase (COIN) Shares

December 11, 2023

Via: DailyFX

Bitcoin (BTC/USD) Sank as much as 7.5% overnight to a low of around $40520, which is just a whisker away from the psychological $40000 level. I had discussed the possibility of this potential pullback last week in my article (to […]


Finance Tech, Trading

Binance adds PIVX to margin trading, launches new pairs

December 8, 2023

Via: Investing.com

In a move to diversify its margin trading services, Binance, the global cryptocurrency exchange, has today integrated the privacy-focused digital asset PIVX into its margin trading offerings. The inclusion of PIVX prompted an immediate price rally, peaking above $0.40 before […]


Finance Tech, Liquidity

Oil Price Forecast: $70 a Barrel Holds Firm as China Adds to Demand Concerns

December 7, 2023

Via: DailyFX

Oil prices struggled in attempts to reclaim the $70 a barrel handle as it faced renewed selling pressure on renewed demand concerns. Having said that WTI was up more than 1% and did trade briefly above the $70 mark. This […]


News

Oil Struggles to Reverse Course as US Production Hits Record Levels

December 5, 2023

Via: DailyFX

The US Department of Energy has stepped up efforts to refill its stockpile after a record withdrawal last year to control inflation. The DoE is now due to receive 4 million barrels back into its reserves by February instead of […]


Financial Services, Industries

Breaking down payments challenges: Fintechs vs traditional finance

December 4, 2023

Via: Payments Dive

In September, Modern Treasury released their 3rd annual State of Payment Operations report, where they surveyed over 500 financial decision-makers for insights into payment operations at their companies. The decision-makers came from all kinds of industries, from marketplaces, to real […]


News

Banked builds a US presence

December 4, 2023

Via: Payments Dive

The fintech, founded in 2018 in London, has raised $56 million from strategic investors and venture capitalists, Goodall said. Some of those investors, including Bank of America and Citibank, are also clients, he said. For its U.S. bank customers, the […]


News

EU Breaking News: German Inflation Drops as Disinflationary Trend Continues

November 29, 2023

Via: DailyFX

Inflation in Germany dropped to 3.2% compared to November 2022 and represented a further decline from October’s 3.8% year-on-year print. More notably, the month-on-month decline was 0.4% and sharper than the -0.2 estimate. EU inflation data is due tomorrow with […]


Finance Tech, Liquidity

Oil Price Forecast: WTI Faces Technical Hurdles as OPEC+ Rumors Swirl

November 29, 2023

Via: DailyFX

Oil prices are enjoying a second successive day of gains, up around 1.5% at the time of writing. A lot of the optimism stems from the idea that OPEC+ will announce additional cut at tomorrow’s virtual meeting despite rumors that […]