Author: Investor Empires
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How profiteers made Kenyans pay Sh24bn extra for cooking gas
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A new government-backed report reveals that Kenyan households are spending an additional Sh881 to buy 13kg of cooking gas due to a lack of competition in importing the commodity. A study report on the cost of service for the supply of Liquefied Petroleum Gas (LPG) by consultants hired by the…
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Dollar eases after hitting highest in almost two weeks, US job data looms By Reuters
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By Stefano Ribaudo and Kevin Buckland TOKYO (Reuters) – The dollar fell on Monday but remained close to its highest in nearly two weeks as investors’ focus turned to a U.S. jobs report due later this week. U.S. payrolls data due on Friday will be crucial after Federal Reserve Chairman…
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Cardano Chang Hard Fork Rolls Out With A Minor Glitch
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The Cardano blockchain has achieved a significant milestone with the successful execution of the Chang hard fork, which occurred on September 1, 2024, at 21:44 UTC at block number 10764778. This update heralds the “Conway Ledger Era,” and is part of a series of improvements aimed at decentralizing blockchain governance…
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Mark Cuban’s poll reveals surprising preference for Trump over Harris as parents role model for children
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Billionaire entrepreneur and Shark Tank star Mark Cuban recently sparked controversy on X (formerly Twitter) when he asked his followers whether they would prefer Donald Trump or Kamala Harris as a role model for their children. Despite Cuban’s continued criticism of Trump, the results of the informal poll were unexpected,…
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Chart Art: EUR/CAD Long-Term Area of Interest
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I see a writing breakout and retest position on the daily chart of EUR/CAD! Will the potential support area hold or will we see a breakout this time? EUR/CAD Daily Currency Pair Chart by TradingView Last week’s rise in crude oil prices helped support the commodity-linked Canadian dollar against most…
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Chart Art: EUR/CAD Long-Term Area of Interest
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I see a writing breakout and retest position on the daily chart of EUR/CAD! Will the potential support area hold or will we see a breakout this time? EUR/CAD Daily Currency Pair Chart by TradingView Last week’s rise in crude oil prices helped support the commodity-linked Canadian dollar against most…
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Is Another Massive Bitcoin Sell-Off Coming?
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This article is also available in Spanish. Bitcoin posts second-worst monthly close In 2024, after finishing August with losses of 8.6%. This is slightly less than the losses of April, when the price fell by 14.76% in a single month. As this red close shook investors, September followed with mixed…
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A growing rift at the ECB on the economic outlook?
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Well, that’s the potential disagreement that could affect the interest rate cut debate in the coming months. Reports suggest that some policymakers want to focus more on recession fears while others insist on holding firm on the inflation battle. It’s pretty much certain that interest rates will be cut in…
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DEX volume falls in August
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The volume of cryptocurrencies traded on decentralized exchanges declined in August. according to Davey’s CallDEXs handled over $181 billion worth of cryptocurrencies in August, down from $198 billion in July. Monthly activity on DEX platforms peaked in March when they handled over $260 billion as most cryptocurrencies surged. Ethereum (ETH)…
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ILA issues tender for over 7,000 Sde Dov homes
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The Israel Lands Administration today published one of its largest “waves” of tenders, and certainly the most expensive in recent times. The tenders are for the construction of 7,159 housing units in Sde Dov, north of Tel Aviv. Before today, the ILA had marketed 2,650 housing units in the Eshkol…
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Sanofi MS drug tolebrutinib misses goal in relapsing disease trials By Reuters
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By Ludwig Berger (Reuters) – Sanofi Nasdaq:NASDAQ:NASDAQ:MSN’S most advanced multiple sclerosis drug failed to meet the main goal of two late-stage trials to treat recurrent forms of the disease, dimming the prospects for a broad class of drugs. The French drugmaker said on Monday that two phase 3 trials showed…
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Solana (SOL) Whale Sees The Future in AI and Gambling As They Invest In FET and Mpeppe (MPEPE)
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Solana (SOL) whale is making headlines for investing heavily in two leading projects: the Super AI Alliance (FET) and MPEPE. This strategic move reflects a growing belief in the convergence of AI and decentralized gambling as the next big frontier in the digital world. With the potential to revolutionize both…
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Plotting for payrolls By Reuters
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A look at the day ahead in European and global markets from Wayne Cole. The start of the month was quiet, with holidays in the U.S. and Canada draining liquidity ahead of a deluge of U.S. payrolls data that will culminate on Friday. Wall Street and European stock futures were…
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ForexLive Asia-Pacific FX news wrap: USD/JPY heads up to 146.60, drops back under 146.00
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Bitcoin Price Drifts Lower: Will the Grind Continue?
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Bitcoin price losses extended below the $58,500 support area. Bitcoin is struggling and may continue moving towards the $55,000 support area. Bitcoin is gaining momentum below the $60,000 support area. The price is trading below the $59,000 level and the 100-hour simple moving average. There is a connected bearish trend…
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Bitcoin Price Drifts Lower: Will the Grind Continue?
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Bitcoin price losses extended below the $58,500 support area. Bitcoin is struggling and may continue moving towards the $55,000 support area. Bitcoin is gaining momentum below the $60,000 support area. The price is trading below the $59,000 level and the 100-hour simple moving average. There is a connected bearish trend…
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Hong Kong Property Pain Worsens for New World and Scion CEO
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(Bloomberg) — Shares of New World Development Co. fell as much as 14% Monday morning, as a slowdown in Hong Kong’s property market weighs on the company owned by billionaire Cheng’s family. Most Read from Bloomberg The company said late Friday it expects to post a loss of up to…
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Analysis-Apple set for music, TV streaming fight in India after Airtel deal By Reuters
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Written by Munsif Vengatil and Aditya Kalra NEW DELHI (Reuters) – Apple Inc’s (NASDAQ:AAPL) partnership with India’s second-biggest telecom company will give the iPhone maker a boost in the content market where it lags far behind the likes of Spotify Inc (NYSE:S) and Amazon.com Inc (AMZN.O). Disney (New York Stock…
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DTX Exchange launches on Testnet; BNB, Litecoin eye bullish recoveries
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. BNB and LTC have been range bound, but excitement is growing with the launch of the DTX Exchange Testnet. Binance Coin (BNB) and Litecoin (LTC) have been on a disappointing…