Author: Investor Empires
-
Explainer-What is the Chinese yuan carry trade and how is it different from the yen’s? By Reuters
•
Written by Winnie Zhou and Summer Chen SHANGHAI/HONG KONG (Reuters) – A sell-off in global markets triggered by the unwinding of yen-funded carry trades has put the spotlight on China’s yuan, also widely used as a cheap funding currency. Although August saw the yuan rise sharply by 2% against the…
-
PEPE Price Recovers 10% As Whales Load Their Bags
•
Crypto whales have been taking advantage of recent market dips, loading up their bags as the price of many tokens has fallen to lower levels. Over the past few dips, one whale has bought over 400 billion PEPE, already racking up unrealized profits on his purchase. Some market watchers believe…
-
Working parents face additional £1,683 monthly childcare costs during summer holidays
•
A new study has revealed the huge financial burden faced by working parents in the UK during the summer holidays, with childcare costs rising by an average of £1,683 a month. This increase in expenses is forcing many parents to reconsider their employment options, with some unable to stay in…
-
Working parents face additional £1,683 monthly childcare costs during summer holidays
•
A new study has revealed the huge financial burden faced by working parents in the UK during the summer holidays, with childcare costs rising by an average of £1,683 a month. This increase in expenses is forcing many parents to reconsider their employment options, with some unable to stay in…
-
Chart Art: WTI Crude Oil (USOIL) Aiming for Triangle Resistance
•
Crude oil has been on a sharp rise these days, but can it continue its upward trend past this major resistance area? If so, how high can it go? Check out this long term chart pattern on my radar! Crude Oil WTI (USOIL) Daily Chart by TradingView Crude oil has…
-
The Crypto Silence: Trump-Musk Interview Analysis
•
The long-awaited interview between former President Trump, now the Republican presidential candidate, and current Twitter (X) CEO Elon Musk on the X platform attracted over a million listeners. However, despite the growing importance of cryptocurrencies and blockchain technology in the political landscape, there was a noticeable absence during Musk and…
-
The Crypto Silence: Trump-Musk Interview Analysis
•
The long-awaited interview between former President Trump, now the Republican presidential candidate, and current Twitter (X) CEO Elon Musk on the X platform attracted over a million listeners. However, despite the growing importance of cryptocurrencies and blockchain technology in the political landscape, there was a noticeable absence during Musk and…
-
Tims China Announces Q2 2024 Results Date & Conference Call
•
Article Content SHANGHAI and NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) — TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, plans to release its second quarter results before the market opens on Thursday, August 29, 2024, with a conference call at…
-
European equities open on a more positive note as risk mood breathes easier for now
•
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…
-
Australia’s Challenger climbs to 1-1/2-year high on bright outlook, annual earnings beat By Reuters
•
By Rajasik Mukherjee (Reuters) – Challenger Ltd shares rose to their highest in about 16 months on Tuesday after the Australian investment manager beat estimates on annual profit, while investors also welcomed its earnings outlook for fiscal 2025. The stock rose about 10% to its highest level since Feb. 20,…
-
Expert Reveals Why This Crypto Cycle Defies the Norm—What’s Missing?
•
Although there has been a slight uptrend in the current crypto cycle, with Bitcoin (BTC) hitting a new high above $73,000 in March, it is worth noting that this crypto cycle still looks different from other past cycles. In particular, unlike previous cycles, which have fostered new inventions, the current…
-
Dollar tenses for data verdict on rate cut risks By Reuters
•
By Wayne Cole SYDNEY (Reuters) – The dollar remained in a state of uncertainty on Tuesday as investors waited to see how U.S. economic data would affect the prospects for an overly aggressive interest rate cut, while a rise in Japanese shares helped stem the bleeding in yen carry trades.…
-
Asia FX flat, dollar muted with inflation, economic cues on tap By Investing.com
•
Most Asian currencies were little moved on Tuesday as the dollar held steady ahead of key inflation data due later in the day, while the Japanese yen weakened further ahead of more signals on the economy. Sentiment towards regional currencies remained subdued after a major move towards risk aversion in…
-
Marathon Digital Holdings To Raise $250 Million To Buy More Bitcoin
•
Marathon Digital Holdings, one of the largest publicly traded bitcoin mining companies in the United States, has announced plans to raise $250 million through a private offering of convertible senior notes. The funds will be used primarily to expand Marathon’s bitcoin holdings. BREAKING: ?? MARATHON DIGITAL HOLDINGS RAISES $250M TO…
-
Marathon Digital Holdings To Raise $250 Million To Buy More Bitcoin
•
Marathon Digital Holdings, one of the largest publicly traded bitcoin mining companies in the United States, has announced plans to raise $250 million through a private offering of convertible senior notes. The funds will be used primarily to expand Marathon’s bitcoin holdings. BREAKING: ?? MARATHON DIGITAL HOLDINGS RAISES $250M TO…
-
Plug Power’s Problems Persist. Should Investors Throw in the Towel on the Stock?
•
Problems I’ve been experiencing Power plug (NASDAQ: PLUG) The company continued to post poor results in the second quarter of the year, with the stock losing about 80% of its value over the past year. Let’s take a closer look at the issues the company is facing and whether it…
-
UK labour market report in focus in the session ahead
•
Major currencies are still trading mostly flat, with smaller ranges remaining so far today. There will be another tentative session in Europe, with market players watching key US data this week. Here’s a look at the USD pairs and their daily ranges at the moment: Looking ahead to the session…
-
Is a Bullish Move Ahead?
•
Bitcoin price remained above the $57,650 support area. Bitcoin price is now rising and a move above the $60,000 resistance area could target. Bitcoin started the recovery wave above the $58,500 resistance area. The price is trading below the $60,000 level and the 100-hour simple moving average. There is a…