Author: Investor Empires
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Consumer confidence plummets as Labour warned over recession fears
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Consumer confidence has fallen sharply amid growing concerns that Labour’s rhetoric is fuelling economic concerns, raising the prospect of a slowdown in Britain. GfK’s latest consumer confidence index fell seven points to -20 in September, with households increasingly worried about their personal finances and the general economic outlook. The survey…
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Dollar strengthens versus yen as BOJ strikes cautious stance on rate hikes By Reuters
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By Chibuike Ojoh and Linda Pasquini NEW YORK/LONDON (Reuters) – The dollar rose against the yen on Friday to a two-week high after the Bank of Japan left interest rates unchanged and signaled it was in no rush to raise them again. Bank of Japan Governor Kazuo Ueda said at…
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Solana (SOL) Eyes Major Breakout After Holding $120 Support Level – Details
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Popular cryptocurrency analyst Peter Brandt has revealed a bullish prediction for Solana, predicting that the prominent altcoin will see a significant price surge in the coming weeks. This price prediction comes in stark contrast to Brandt’s recent forecasts, where the analyst expressed concerns that Solana could experience a significant price…
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Trafigura’s New Boss Is Ex-Soldier Who Says Profit Comes First
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Breadcrumbs Path Links PMN Business Richard Holtom is set to become the third CEO in Trafgura’s history. Article author: Bloomberg News Jack Farchie, Archie Hunter and Alfred Kang Published on September 21, 2024 • Read for 6 minutes You can save this article by registering for free here. Or log…
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Trafigura’s New Boss Is Ex-Soldier Who Says Profit Comes First
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Breadcrumbs Path Links PMN Business Richard Holtom is set to become the third CEO in Trafgura’s history. Article author: Bloomberg News Jack Farchie, Archie Hunter and Alfred Kang Published on September 21, 2024 • Read for 6 minutes You can save this article by registering for free here. Or log…
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AUDUSD dips to moving average support. What next technically?
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The AUD/USD pair rose and tested a swing high near 0.6823 in the Asian and European sessions. The price then declined as stocks fell in early US trading. However, as the AUD/USD pair approached its rising 100-hour moving average at 0.6778, buyers returned and halted the decline. Why is this…
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AUDUSD dips to moving average support. What next technically?
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The AUD/USD pair rose and tested a swing high near 0.6823 in the Asian and European sessions. The price then declined as stocks fell in early US trading. However, as the AUD/USD pair approached its rising 100-hour moving average at 0.6778, buyers returned and halted the decline. Why is this…
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Emerging crypto is set to outperform outperform Polkadot and Dogecoin
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. The new cryptocurrency DOGEN is attracting attention in the cryptocurrency world, hinting at huge returns and challenging established cryptocurrencies like Dogecoin. A new cryptocurrency, DOGEN, is capturing the attention of…
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US rate cuts won’t necessarily strengthen shekel
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On the eve of the first rate cut by the US Federal Reserve since 2020 and since it began raising interest rates sharply two years ago, the gap between the interest rates on the US dollar and the shekel was 1% higher in favor of the dollar. The aggressive 0.5%…
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Investors should de-risk ahead of US elections, BCA says By Investing.com
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Investing.com – As the U.S. prepares for the expected 2024 elections, BCA Research advises investors to take precautions and reduce risks in their portfolios. The financial landscape looks uncertain due to the economic slowdown, geopolitical tensions and the potential for market volatility in the run-up to November. Although the BCA…
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Ethereum Is Not The Best Solution For Payments, Says PayPal’s Head Of Crypto — Here’s Why
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Ethereum (ETH) is not the best solution for payments, said Jose Fernandes da Ponte, vice president of Blockchain, Crypto and Digital Currencies (BCDC) at PayPal. Ethereum is not suitable for payment purposes. to talk At the Solana Breakpoint 2024 conference, Ponte drew attention to Ethereum’s inability to handle large transaction…
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Exclusive-Iran withheld launchers for missiles sent to Russia, sources say By Reuters
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By Jonathan Landy, Phil Stewart, and Anthony Deutsch WASHINGTON (Reuters) – Iran has not installed mobile launchers with the short-range ballistic missiles that Washington accused Tehran last week of supplying to Russia for use against Ukraine, three sources familiar with the matter said. The sources — a European diplomat, a…
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Japan top FX diplomat says watching for any build-up of yen carry trades, NHK reports By Reuters
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TOKYO (Reuters) – Japan’s top currency diplomat Atsushi Mimura said in an interview broadcast on Friday that authorities are “always monitoring markets” while renewed yen trading could increase market volatility, public broadcaster NHK reported. Mimura said that yen trades built up in the past are likely to be mostly liquidated,…
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Japan top FX diplomat says watching for any build-up of yen carry trades, NHK reports By Reuters
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TOKYO (Reuters) – Japan’s top currency diplomat Atsushi Mimura said in an interview broadcast on Friday that authorities are “always monitoring markets” while renewed yen trading could increase market volatility, public broadcaster NHK reported. Mimura said that yen trades built up in the past are likely to be mostly liquidated,…
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River Secures Over $800 Million Worth of Bitcoin, Launches Proof of Reserve
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riverLeading US Bitcoin Exchange Launches River Reserves Guide To provide customers with verifiable proof that their Bitcoin holdings are fully secured. This sets a new standard for transparency in the industry after recent failures of exchanges like FTX that have shaken consumer confidence. “River Proof of Reserves is not just…
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This Will Be Nio’s Next Big Move
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It may be hard for investors to get excited about a company that lost nearly $1.5 billion in operating income in the first half of this year. In fact, the Chinese electric carmaker announced New (NYSE:NIO) He made no profit at all. That helps explain why the stock has lost…
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Soars 40% As Experts Forecast Future Price Gains
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This article is also available in Spanish. The decentralized blockchain network Bittensor and its native token TAO have shown significant bullish momentum over the past month, consistently outperforming major cryptocurrencies like Bitcoin and Ethereum across all timeframes. Designed for decentralized finance (DeFi) applications, TAO has crossed the $400 mark, gaining…