Author: Investor Empires
-
Regulator stopped from fixing car insurance prices
•
The Court of Appeal has barred the Insurance Regulatory Authority from setting minimum premium rates for motor vehicle insurance, saving customers the cost of doubling their underwriting fees. The Court of Appeal found that the Individual Retirement Administration’s 2009 auto insurance guidelines, which set the minimum premium at seven per…
-
Daily Broad Market Recap – September 23, 2024
•
Major assets were all over the place on Monday, as traders priced in a Federal Reserve rate cut, escalating tensions in the Middle East, and a potential slowdown in global growth. What headlines have caught traders’ attention during recent trading sessions? We talk about them below! Headlines: New Zealand trade…
-
Daily Broad Market Recap – September 23, 2024
•
Major assets were all over the place on Monday, as traders priced in a Federal Reserve rate cut, escalating tensions in the Middle East, and a potential slowdown in global growth. What headlines have caught traders’ attention during recent trading sessions? We talk about them below! Headlines: New Zealand trade…
-
Bitcoin Set for Major Bull Run? These 3 On-Chain Metrics Signal A Turning Point
•
Meet Samuel Ideyemi, nicknamed HIM-buktu. A web3 content writer, journalist, and aspiring trader, Ideyemi is a multi-talented person. With his flair for words and sense of trends, he has written for several industry players, including AMBCrypto, Blockchain.News, Blockchain Reporter, and more. Edemi’s adventure into the world of cryptocurrencies was cinematic.…
-
Starmer promises ‘light at the end of the tunnel’ despite looming tax rises
•
Prime Minister Sir Keir Starmer is set to reassure the nation that there is “light at the end of this tunnel”, urging the public to put up with short-term financial hardship in exchange for long-term prosperity. In his first speech to the Labour Party conference since taking office, Johnson will…
-
Heads up: RBA monetary policy decision set for the bottom of the hour
•
Imagine if the Reserve Bank of Australia actually looked like this. Unfortunately, the famous signage area has been turned into a bus station and covered with scaffolding. Oh. Anyway, the RBA will announce its latest policy decisions later. But barring any major surprises, this won’t be a big deal. Inflation…
-
SUI price prediction | Is SUI a good investment?
•
SUI continues to make waves in the cryptocurrency markets. We delve into the Sui blockchain and expert SUI price predictions to see what investors can expect from the project. In the past month, the price of Sui (SUI) — the native token of the layer-1 blockchain developed by members of…
-
Singapore opens its first ministerial graft trial in nearly half a century
•
Breadcrumbs Path Links BMW PMN Business Article author: Published on September 23, 2024 • Read for 2 minutes You can save this article by registering for free here. Or log in if you have an account. File – Singapore’s Second Minister for Home Affairs and Trade and Industry S. Iswaran…
-
Oil firms evacuating US Gulf of Mexico staff as major hurricane looms By Reuters
•
HOUSTON (Reuters) – U.S. oil producers scrambled on Monday to evacuate employees from oil platforms in the Gulf of Mexico as the second major hurricane in two weeks was expected to hit offshore oil fields. A potential tropical cyclone in the Caribbean is expected to rapidly strengthen over the warm…
-
Oil firms evacuating US Gulf of Mexico staff as major hurricane looms By Reuters
•
HOUSTON (Reuters) – U.S. oil producers scrambled on Monday to evacuate employees from oil platforms in the Gulf of Mexico as the second major hurricane in two weeks was expected to hit offshore oil fields. A potential tropical cyclone in the Caribbean is expected to rapidly strengthen over the warm…
-
Bitcoin And Solana Drive the Recovery
•
The global digital asset investment market has rebounded significantly recently, indicating a strong recovery for cryptocurrency-based funds. According to Coin SharesGlobal cryptocurrency investment products generated net inflows of $321 million last week. This comes after two weeks of outflows, indicating a shift in investor sentiment as macroeconomic conditions, such as…
-
Bank of Israel sounds skeptical about abolishing NIS 200 bill
•
Following the Globes report of the proposal to abolish the 200-shekel note, and the prime minister’s announcement that a discussion on the issue was needed, the Bank of Israel issued its first public, somewhat skeptical, comment. The bank said it would “present its professional position on such a move, if…
-
U.S. Flash PMIs Show Slower Hiring And Rising Inflation In September
•
Data from S&P Global showed the gap in growth between the manufacturing and services sectors continued in September. flash manufacturing Purchasing Managers’ Index for September: 47.0 (Expected 48.6, down from 48.0 to 47.9) flash Services Purchasing Managers’ Index for September: 55.4 (55.3 forecast, 55.7 previously) producer of goods Manufacturing sector…
-
Bitcoin Jumps 22% Post-Fed Rate Cut, Yet Key Resistance Sparks Crash Fears – Bitfinex
•
Bitcoin (BTC), the world’s largest cryptocurrency, has surged more than 22% over the past two weeks to trade at around $63,200, after a sharp drop to $52,000 on September 6. That’s the highest level Bitcoin has reached in nearly two months. Critical resistance looms at $65,200 According to a recent…
-
China central bank will cut banks’ reserve requirement ratio by 50 bps By Reuters
•
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some or all of your investment amount, and may not be suitable for all investors. Cryptocurrency prices are highly volatile and may be affected by external factors such as financial, regulatory or political events.…
-
People’s Bank of China Governor says must support steady recovery of prices, economy
•
Governor of the People’s Bank of China Pan Gongsheng: Monetary and fiscal policies must be coordinated. It should support a steady recovery in prices in the economy. By the end of the year, we may further reduce the RRR. After the reduction in the reserve requirement ratio, the weighted financial…
-
Meme coin Bonk plans to launch an ETP — but is the SEC on board?
•
The proposed BONK ETP — potentially the first-ever exchange-traded product — could bridge the gap between crypto investors and Wall Street. Punk Looks to Wall Street Bonk (BONK), a leading cryptocurrency built on Solana (SOL), has announced plans to launch an exchange-traded product in the United States. Nom, one of…
-
Why stocks have a lot more room to rally before hitting a peak, according to a technical analyst
•
Casper Benson/Getty Images The stock market rally is expected to continue through 2025, according to Ari Wald of Oppenheimer. In a note, Wald highlighted the strong market breadth and healthy indicators across sectors. Key sectors such as industrials, financial services and technology appear to be resilient, Wald added. Stock markets…
-
US DOJ to sue Visa over debit card market monopoly, Bloomberg News reports By Reuters
•
(Reuters) – The U.S. Justice Department plans to file a lawsuit against Visa Inc., the world’s largest payments network operator, alleging that the company illegally monopolized the country’s debit card market, Bloomberg News reported on Monday. The antitrust division is set to file a lawsuit against Visa in federal court…
-
US DOJ to sue Visa over debit card market monopoly, Bloomberg News reports By Reuters
•
(Reuters) – The U.S. Justice Department plans to file a lawsuit against Visa Inc., the world’s largest payments network operator, alleging that the company illegally monopolized the country’s debit card market, Bloomberg News reported on Monday. The antitrust division is set to file a lawsuit against Visa in federal court…