Author: Investor Empires
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ECB Lowered Main Deposit Rate by 0.25% as Expected, Growth Forecasts Downgraded
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European Central Bank policymakers unanimously decided to cut their key deposit rate by 0.25% as expected, following a previous cut in June. The central bank cut the deposit rate from 3.75% to 3.50% and the main refinancing rate from 4.25% to 3.65%, citing weak growth prospects due to slowing private…
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BNB Price Surge Eyes $550 Breakout: Can It Push Higher?
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Ayush Jindal, one of the most prominent figures in the world of financial markets, has over 15 years of experience in Forex and cryptocurrency trading. Known for his unparalleled proficiency in providing technical analysis, Ayush is a trusted advisor and market expert to investors across the globe, guiding them through…
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BNB Price Surge Eyes $550 Breakout: Can It Push Higher?
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Ayush Jindal, one of the most prominent figures in the world of financial markets, has over 15 years of experience in Forex and cryptocurrency trading. Known for his unparalleled proficiency in providing technical analysis, Ayush is a trusted advisor and market expert to investors across the globe, guiding them through…
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Dollar looks to settle lower after some back and forth trading this week
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If the Fed wanted to get things in order, the market certainly wouldn’t let it. The odds of a 50bp rate cut had waned after the US CPI report earlier this week, but they resurfaced in trading yesterday. The odds have now risen back to around 45%. There was no…
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Indodax Exchange Suffers $22M Hack, Pauses Operations To Investigate Breach
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Image: milkroad.com The world of cryptocurrencies has become a thing again. Shake Due to a major security breach, this time affecting Indonesian cryptocurrency exchange Indodax. In a shocking turn of events, the platform was forced to temporarily halt operations after falling victim to a suspected $22 million hack. As details…
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Indodax Exchange Suffers $22M Hack, Pauses Operations To Investigate Breach
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Image: milkroad.com The world of cryptocurrencies has become a thing again. Shake Due to a major security breach, this time affecting Indonesian cryptocurrency exchange Indodax. In a shocking turn of events, the platform was forced to temporarily halt operations after falling victim to a suspected $22 million hack. As details…
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Court penalizes taxi driver who cheated tourists
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Yesterday, the Central Traffic Court sentenced taxi driver Eyal Siman Tov, who was convicted of charging exorbitant fares to passengers, including tourists. In one case exposed by Globes in February 2022, a Greek tourist paid NIS 700 for a ride from Ben Gurion Airport to Rehovot, a distance of about…
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Japan’s Mitsubishi to buy stake, offtake ammonia from ExxonMobil in Texas By Reuters
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TOKYO (Reuters) – Japan’s Mitsubishi Trading Co said on Friday it had reached a preliminary agreement to buy a stake in Exxon Mobil Corp’s hydrogen facility in Texas and source low-carbon ammonia from it. As part of its decarbonization drive, Japan aims to increase the use of hydrogen and its…
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5 Days left in Mega Dice token presale as the Next Rollbit nears $2m milestone
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Polymarket hits $1 billion in stakes as Mega Dice Token presale raises $1.8 million, with $20K whale investment While popular betting site Polymarket generated $1 billion in volume amid the…
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Strong case for 50 bp Fed cut, says former NY Fed chief Dudley By Reuters
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SINGAPORE (Reuters) – There is a strong case for a 50 basis point cut in U.S. interest rates, former New York Federal Reserve President Bill Dudley said. “I think there is a strong case for the 50, whether they do it or not,” he said at the Bretton Woods Committee’s…
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Daily Broad Market Recap – September 12, 2024
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It was a risky day for financial markets, with crude oil closing up about 3% while gold hit new record highs. US stock traders also enjoyed a great deal, with the S&P and Nasdaq recording their fourth consecutive day in the green. Check out the latest headlines! Headlines: Japan Producer…
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XRP’s Value Solid, Free From Speculative Bubble Pressures, Expert claims
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In the ever-evolving world of crypto assets, most digital assets are believed to have the characteristics of a speculative bubble, indicating uncertainty about the stability of their value. However, one market expert claimed that XRP value The cryptocurrency remains strong and free from the speculative bubble pressures that we often…
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XRP’s Value Solid, Free From Speculative Bubble Pressures, Expert claims
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In the ever-evolving world of crypto assets, most digital assets are believed to have the characteristics of a speculative bubble, indicating uncertainty about the stability of their value. However, one market expert claimed that XRP value The cryptocurrency remains strong and free from the speculative bubble pressures that we often…
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Warren Buffett’s $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low
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Occidental Petroleum shares have fallen 29% since mid-April, weighing on Warren Buffett’s stake in the company. This decline is in line with a 23% drop in crude oil prices due to concerns about demand and excess supply. Berkshire Hathaway’s $13 billion stake in Occidental Petroleum may be underwater, according to…
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Fitch are forecasting a Bank of Japan rates to 1% (by the end of 2026!)
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Earlier this week I posted on the Ftich analysts’ site about the FOMC: Fitch says Fed’s next easing cycle will be moderate and slow Fitch Now on the Bank of Japan: The Bank of Japan says it is “resisting the global trend toward monetary easing, raising interest rates more aggressively…
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Crypto Analyst See 300% Rally on The Way For Internet Computer (ICP) and Mpeppe (MPEPE)
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This article is also available in Spanish. As we approach 2024, the cryptocurrency market continues to surprise investors with promising opportunities. Among the most discussed potential tokens are Internet Computer (ICP) and Mbebe (Mbebe)Both cryptocurrencies have caught the attention of analysts and investors alike, who expect these assets to see…
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Crypto Analyst See 300% Rally on The Way For Internet Computer (ICP) and Mpeppe (MPEPE)
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This article is also available in Spanish. As we approach 2024, the cryptocurrency market continues to surprise investors with promising opportunities. Among the most discussed potential tokens are Internet Computer (ICP) and Mbebe (Mbebe)Both cryptocurrencies have caught the attention of analysts and investors alike, who expect these assets to see…
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Over 40% of U.S. Gulf of Mexico oil output shut-in by Francine but little damage seen
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SlavkoSereda/iStock via Getty Images Crude oil prices rose for a second straight session on Thursday as Hurricane Francine forced several offshore wells to shut in production, but gains were capped by lingering concerns about the outlook for crude demand. More than 730 thousand barrels per day, or 42% of Crude…
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US House passes bill targeting China that would limit EV tax credits By Reuters
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By David Shepardson WASHINGTON (Reuters) – The U.S. House of Representatives narrowly approved legislation on Thursday to tighten rules limiting Chinese content in vehicles eligible for U.S. electric vehicle tax credits. The House voted 217-192 to approve the bill, which has not been taken up in the Senate, to tighten…
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Crypto experts bet big on Toncoin, DTX Exchange and ETH
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Prominent cryptocurrency experts in the cryptocurrency market are betting on these coins – Toncoin, DTX Exchange, and Ethereum – to make huge gains. The cryptocurrency market is gaining momentum again…