Author: Investor Empires
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Chart Art: WTI Crude Oil (USOIL) Triangle Resistance Bounce
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Are crude oil bears about to stay in the game longer? A look at the daily time frame of the energy commodity shows a large bearish triangle pattern that has been in place since November of last year. WTI (USOIL) daily Chart by TradingView Earlier this week, we looked at…
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Will Bears Take Over or Bulls Fight Back?
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Ayush Jindal, one of the prominent figures in the world of financial markets, has more than 15 years of brilliant experience in the fields of forex and cryptocurrency trading. Known for his unparalleled proficiency in delivering technical analysis, Ayush is a trusted advisor and top market expert to investors around…
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Will Bears Take Over or Bulls Fight Back?
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Ayush Jindal, one of the prominent figures in the world of financial markets, has more than 15 years of brilliant experience in the fields of forex and cryptocurrency trading. Known for his unparalleled proficiency in delivering technical analysis, Ayush is a trusted advisor and top market expert to investors around…
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Israel says eliminates Hezbollah ‘Golan Heights’ member, Syrian media report Israeli airstrikes By Reuters
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Written by James McKenzie and Taimur Azhari JERUSALEM/BEIRUT (Reuters) – The Israeli military said it had eliminated a member of the Hezbollah group in Syria who was transmitting intelligence against Israel in the Israeli-occupied Golan Heights, while Syrian media reported on Thursday that Israeli air strikes had hit targets in…
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US inflation the main event in the day ahead
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Core US CPI YoY (%) So, what did I miss? The dollar remained well positioned over the past week as traders agreed to price in the Fed’s 25 basis point interest rate cut for November now. The soft landing scenario seems more and more certain every day. The odds of…
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NFT Market Down 92%, Analyst Thinks This Is The Best Time To Invest
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NFTs dominated the headlines from late 2020 throughout 2021 before peaking in early 2022. By November 2020, global NFT sales reached around $8 million. NFT market down 92% from January 2022 peaks: is it the best time to invest? However, approximately 13 months later, this amount had risen to more…
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Palantir’s Shyam Sankar Says AI Is Experiential And If You Pay Consultants To Help You Think About Deployment ‘You’re Just Lighting Money On Fire’
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Shyam Sankar of Palantir says AI is experimental and if you pay consultants to help you think about deployment “you’re just lighting money on the fire.” Palantir Technologies Inc (NYSE:PLTR) shares have been on a tear ever since The company has been added to the S&P 500 index. The stock’s…
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Palantir’s Shyam Sankar Says AI Is Experiential And If You Pay Consultants To Help You Think About Deployment ‘You’re Just Lighting Money On Fire’
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Shyam Sankar of Palantir says AI is experimental and if you pay consultants to help you think about deployment “you’re just lighting money on the fire.” Palantir Technologies Inc (NYSE:PLTR) shares have been on a tear ever since The company has been added to the S&P 500 index. The stock’s…
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Former Pfizer executives not involved in Starboard’s campaign against drugmaker By Reuters
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(Reuters) – Pfizer (NYSE:) former CEO and Chairman Ian Read and former CFO Frank D’Amelio said in a statement that they will not partner with activist investor Starboard Value, which wants the US pharmaceutical giant to make changes to turn around its performance. “We fully support Pfizer Chairman and CEO…
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Bitcoin Price Extends Decline: Can $60K Serve as a Lifeline?
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Bitcoin price extended its losses and was trading below the $61,850 area. BTC now holds the $60,000 support, but is still at risk. Bitcoin is struggling to start a new surge above the $62,850 area. The price is trading below the $62,000 level and the 100 hourly simple moving average.…
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Bitcoin Price Extends Decline: Can $60K Serve as a Lifeline?
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Bitcoin price extended its losses and was trading below the $61,850 area. BTC now holds the $60,000 support, but is still at risk. Bitcoin is struggling to start a new surge above the $62,850 area. The price is trading below the $62,000 level and the 100 hourly simple moving average.…
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Ratan Tata, patriarch of biggest Indian conglomerate, dies at 86
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Ratan Tata, the businessman who inherited one of India’s oldest business conglomerates and transformed it through a series of eye-catching deals into a global empire, has died. He was 86 years old. His death was announced in a statement by Tata Group Chairman Natarajan Chandrasekaran, who described Tata as “a…
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September FOMC Minutes: 25bps Cut Was On The Table, Members Reject Pre-Set Path
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This was revealed in the minutes of the September decision A “large majority” voted in favor of a 50 basis point rate cut to the target range of 4.75% – 5.00%, mostly because it would raise interest rates to “Better alignment with recent inflation and labor market indicators. It may…
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Analyst Predicts Massive Breakout For BONK Price, Here’s The Target
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BONK, a Solana-based meme coin, has remained stuck in a tight range for the past 24 hours as it reached a critical crossover that will determine whether a rally occurs in the coming days. Reaching this critical intersection comes on the heels of interesting price action in the past seven…
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Analyst Predicts Massive Breakout For BONK Price, Here’s The Target
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BONK, a Solana-based meme coin, has remained stuck in a tight range for the past 24 hours as it reached a critical crossover that will determine whether a rally occurs in the coming days. Reaching this critical intersection comes on the heels of interesting price action in the past seven…
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M-Pesa paybills to become KRA tax registers by December 25
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Mobile payment bills and number accounts will be converted into electronic tax records (ETRs) from the end of December to weed out tax evaders and boost revenue by billions of shillings, President William Ruto’s senior economic advisor has said. Musa Kuria, former Cabinet Secretary, said there are plans to declare…
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PBOC is expected to set the USD/CNY reference rate at 7.0734 – Reuters estimate
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The People’s Bank of China is scheduled to release the USD/CNY reference exchange rate at approximately 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as the renminbi or renminbi). The People’s Bank of China follows…
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Cardano (ADA) Testing $0.34 Support – On-Chain Data Suggests Price Consolidation
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This article is also available in Spanish. Cardano (ADA) has now reached a critical price level after weeks of extreme volatility and uncertainty. After a dramatic series of price swings – first a 27% rise, then a 20% bounce, then a 10% rise, and now a 7% drop to $0.34…
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Cardano (ADA) Testing $0.34 Support – On-Chain Data Suggests Price Consolidation
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This article is also available in Spanish. Cardano (ADA) has now reached a critical price level after weeks of extreme volatility and uncertainty. After a dramatic series of price swings – first a 27% rise, then a 20% bounce, then a 10% rise, and now a 7% drop to $0.34…
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Private Christian Schools to sue government over VAT plans
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Three private Christian schools and a group of parents are preparing to launch a legal challenge against the government’s plan to impose value-added tax on school fees. Emmanuel School in Derby, the Christian Branch School in Yorkshire and King’s School in Hampshire, along with parents, claim that the tax would…