Author: Investor Empires
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PBOC is expected to set the USD/CNY reference rate at 7.1548 – Reuters estimate
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The People’s Bank of China is scheduled to set the exchange rate of the US dollar against the Chinese yuan at around 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 RMB).…
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Experts confident Rollblock will outpace Kaspa and Stellar in race to $1
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Rollblock is expected to reach $1 thanks to its low market cap and revenue share model, surpassing Kaspa and XLM in potential. Roll Block (RBLK) It has been touted as…
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Experts confident Rollblock will outpace Kaspa and Stellar in race to $1
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Rollblock is expected to reach $1 thanks to its low market cap and revenue share model, surpassing Kaspa and XLM in potential. Roll Block (RBLK) It has been touted as…
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Oneweb CEO resigns amid growing french influence after merger with Eutelsat
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Stephen Beynon, the British chief executive of satellite internet provider OneWeb, is set to resign, less than a year after the company merged with France’s Eutelsat. His departure comes amid reports of growing French dominance within the newly merged group, with key decisions shifting away from the UK. OneWeb, founded…
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Australia’s Westpac posts steady Q3 profit, helped by higher capital earnings By Reuters
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(Reuters) – Australia Westpac Banking New York Stock Exchange (NYSE:) Corp. said Monday that third-quarter net income was largely in line with a year ago, as higher gains on capital and protected deposits offset rising expenses and bad loans. Based on the company’s average quarterly performance in the first half…
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Can You Crack The Cardano Lace Wallet?
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Cardano founder Charles Hoskinson took a bold step towards enhancing security when he issued a challenge that angered the crypto community. In his keynote at Rare Evo 2024, Hoskinson challenged anyone who could hack the newly launched Lace Paper Wallet — for a cash prize of up to $1 million.…
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Can You Crack The Cardano Lace Wallet?
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Cardano founder Charles Hoskinson took a bold step towards enhancing security when he issued a challenge that angered the crypto community. In his keynote at Rare Evo 2024, Hoskinson challenged anyone who could hack the newly launched Lace Paper Wallet — for a cash prize of up to $1 million.…
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Harris Heads to Chicago With Momentum — and GOP Criticism Rising
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Breadcrumbs Path Links PMN Business Kamala Harris heads into the Democratic National Convention riding a wave of momentum, as Republicans work to build an advantage with voters by attacking her new economic agenda. Article author: Bloomberg News Alicia Diaz Published on August 18, 2024 • Read for 3 minutes You…
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Trade ideas thread – Monday, 19 August, insightful charts, technical analysis, ideas
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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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Ethereum To Remain Under Bearish Pressure As Taker Buy/Sell Ratio Drops
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Amid the general financial market crash in early August, Ethereum (ETH) lost around 30% of its value, falling to $2,226 per unit. It is worth noting that in the past few weeks, the prominent altcoin has shown a great deal of resilience in climbing to the $2,600 price zone. However,…
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Ethereum To Remain Under Bearish Pressure As Taker Buy/Sell Ratio Drops
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Amid the general financial market crash in early August, Ethereum (ETH) lost around 30% of its value, falling to $2,226 per unit. It is worth noting that in the past few weeks, the prominent altcoin has shown a great deal of resilience in climbing to the $2,600 price zone. However,…
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El Al pays no tax on its record profits
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dominance El Al Israel Airlines Ltd. (level:Ilal) in the skies over Israel, after many foreign airlines canceled flights to and from Israel over fears of an Iranian strike, resulting in a record net profit of $147 million in the second quarter of 2024. With El Al able to charge high…
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The week starts on Tuesday
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I coughed coffee on my keyboard when I saw this from Adam over the weekend: Next week doesn’t start until Thursday. On Tuesday in the Asian time zone, we have the People’s Bank of China interest rate setting day, as well as the minutes of the latest Reserve Bank of…
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DTX Exchange presale winds past $1.34M as Shiba Inu and Toncoin investors rally in
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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 crypto market stabilized as Toncoin surged after listing on Binance, while Shiba Inu dropped. The DTX exchange’s presale also gained a lot of buzz. It seems that the cryptocurrency…
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DTX Exchange presale winds past $1.34M as Shiba Inu and Toncoin investors rally in
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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 crypto market stabilized as Toncoin surged after listing on Binance, while Shiba Inu dropped. The DTX exchange’s presale also gained a lot of buzz. It seems that the cryptocurrency…
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Fed’s Daly says its time to consider trimming rates
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San Francisco Federal Reserve President Mary Daly said the Federal Open Market Committee needs to take a gradual approach to lowering borrowing costs. Financial Times front page: The Financial Times is closed, but here’s a very brief summary of the report on the interview: Daly calls for ‘wise’ approach to…
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Bitcoin Slips Below 200-Day SMA, Presents Dual Price Potential
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Over the past two years, Bitcoin (BTC) has enjoyed a strong positive price performance, rising more than 300% since the start of 2023. In 2024 alone, the cryptocurrency’s market leader has surged 40% in value, reaching an all-time high of $73,750 in March. However, recent price developments suggest that Bitcoin’s…
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This “Magnificent Seven” Stock Could Become the World’s First $4 Trillion Company in 2024
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apple (NASDAQ:AAPL) Apple is the world’s most valuable company right now with a market cap of about $3.3 trillion, but the tech giant’s stock hasn’t performed as well as some other big tech names so far this year. apple, along with Amazon, Nvidia, Microsoft, alphabet, Meta platformsand Teslaare the seven…
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Why focusing on secular growth trends can make sense By Investing.com
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In an increasingly complex and interconnected global economy, traditional investment strategies focused on benchmarks and indices are being challenged by more dynamic approaches that emphasize secular growth trends. Analysts at UBS Global Research point out that thematic equity investing, which eschews the traditional benchmark-based model in favor of focusing on…