Author: Investor Empires
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Cooler Core Inflation In Australia Reduced RBA Rate Hike Odds
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Australian Bureau of Statistics data showed that inflation in Australia maintained its quarterly growth of 1.0% in the second quarter of 2024, which was driven by price increases in food, clothing, alcohol and tobacco products. On an annual basis, the pace of price increases accelerated from 3.6% to 3.8% in…
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Ethereum Price Battles Resistance: Can ETH Regain Momentum?
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Ethereum price corrected its gains and traded below the $3,300 level. Ethereum is consolidating and facing hurdles near the $3,300 resistance area. Ethereum started a downward correction from the $3,400 resistance level. The price is trading below the $3,330 level and the 100-hour simple moving average. There was a break…
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Here’s a forecast for a 25bp RBA rate hike next week – citing inflation not falling
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ING Bank’s response to today’s inflation data from Australia: If you want a reason to keep rates unchanged at the August 6 meeting, today’s core numbers somewhat support the “let’s give the economy the benefit of the doubt” argument. The decision taken in August is certainly more balanced today than…
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QuarkChain price prediction | Is QKC a Good Investment?
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On July 28, the price of the QKC token rose from $0.008 to $0.014. Over the past week, it has increased by more than 28%. As of today, July 30, QKC is trading at $0.01, with a market cap of $70,762,113. What is the short-term and long-term price prediction for…
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QuarkChain price prediction | Is QKC a Good Investment?
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On July 28, the price of the QKC token rose from $0.008 to $0.014. Over the past week, it has increased by more than 28%. As of today, July 30, QKC is trading at $0.01, with a market cap of $70,762,113. What is the short-term and long-term price prediction for…
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China official protests Japan’s negative remarks at meeting with US, Chinese foreign ministry says By Reuters
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BEIJING (Reuters) – A Chinese Foreign Ministry official has expressed diplomatic dissatisfaction to Japan over negative comments made by the Japanese side during a recent meeting with the United States, China’s foreign ministry said in a statement on Wednesday. Liu Jinsong, director-general of Asian affairs at China’s Foreign Ministry, has…
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Samsung flags strong AI demand as profit soars on higher chip prices By Reuters
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By Joyce Lee and Heekyung Yang SEOUL (Reuters) – Samsung Electronics Co Ltd forecast strong demand for artificial intelligence-powered chips in the second half of this year, reporting a more than 15-fold increase in its second-quarter operating profit. “AI servers are expected to capture a larger share of the (memory)…
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Crypto Analyst Uses Historical Data To Predict When Bitcoin Price Will Reach $200,000
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the Bitcoin price expected to reach 6 figures For several years, this goal has remained elusive for cryptocurrencies. However, with experts predicting that cryptocurrencies will see a price surge, six-figure Bitcoin price predictions have once again emerged. One crypto analyst has gone even further, predicting when Bitcoin will hit $200,000…
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The market is flashing signs of a dangerous debt bubble with losses that could be ‘contagious,’ economist says
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Getty Images; Alyssa Powell/PA The market faces the risk of a harmful debt bubble, which could spread losses across the financial sector. Economist Dambisa Moyo warns against stocks being overvalued due to AI hype. Moyo highlights the risk of highly leveraged non-performing assets, similar to the 2008 crisis. The stock…
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The market is flashing signs of a dangerous debt bubble with losses that could be ‘contagious,’ economist says
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Getty Images; Alyssa Powell/PA The market faces the risk of a harmful debt bubble, which could spread losses across the financial sector. Economist Dambisa Moyo warns against stocks being overvalued due to AI hype. Moyo highlights the risk of highly leveraged non-performing assets, similar to the 2008 crisis. The stock…
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Dollar’s reign to live on even as global monetary landscape evolves By Investing.com
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Investing.com — UBS Global Research maintains a positive outlook for the continued dominance of the U.S. dollar as the world’s primary reserve currency. Despite growing concerns about its sustainability, analysts say several factors will support the U.S. dollar’s preeminent status for years to come. While UBS points to the potential…
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Ethereum vs. Bitcoin: Why ETH Could See Larger Fluctuations Soon, QCP Reveals
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Regardless of how mature each of them is in the market, the competition between Bitcoin and Ethereum is still ongoing. According to recent reports, ideas According to QCP Capital, a global digital asset trading firm and market maker, Ethereum now appears to have shown greater potential for price volatility than…
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Ethereum vs. Bitcoin: Why ETH Could See Larger Fluctuations Soon, QCP Reveals
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Regardless of how mature each of them is in the market, the competition between Bitcoin and Ethereum is still ongoing. According to recent reports, ideas According to QCP Capital, a global digital asset trading firm and market maker, Ethereum now appears to have shown greater potential for price volatility than…
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Pennsylvania casinos sue to declare slot machine taxes unconstitutional—unless electronic games pay up
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The owners of 12 Pennsylvania casinos have asked the state’s highest court to declare a tax on slot machine revenue unconstitutional because the state does not widely impose it on electronic gaming terminals that pay for cash, known as skill games, and which can be found in many bars and…
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FX Daily Review: US Dollar Gets a Lift from Positive Economic Vibes
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the U.S. dollar US stocks rose today, supported by positive economic data and optimism about the resilience of the US economy. The June Job Openings and Labor Turnover Survey (JOLTS) showed job openings Decreased from 8.23 million to 8.18 millionexceeding analysts’ expectations. The Federal Reserve closely monitors the JOLTS data…
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Threat of fake job applications in crypto
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Suspected North Korean agents are allegedly using fake job applications to infiltrate Web3 projects, stealing millions of dollars and raising security concerns. In the past few years, blockchain and Web3 have been at the forefront of technological innovation. However, in other words, great innovation carries with it great risk. Recent…
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Threat of fake job applications in crypto
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Suspected North Korean agents are allegedly using fake job applications to infiltrate Web3 projects, stealing millions of dollars and raising security concerns. In the past few years, blockchain and Web3 have been at the forefront of technological innovation. However, in other words, great innovation carries with it great risk. Recent…
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The right investment basket – Business Daily
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As a general rule, people prefer to manage their finances on their own. Everyone does it in their own way, regardless of the compelling reasons behind each investment. In general, creating an ideal “investment basket” that suits your personal needs is of utmost importance, hence the importance of seeking investment…
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“Bank of Japan to outline bond taper plan, debate rate hike timing”
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Reuters Post a piece with a good explanation if you want another preview. previously: Bank of America expects BoJ rate hike today… see USD/JPY (finally) at 145 Bank of Japan Decision Day: Will Interest Rates Rise or Stay Steady? There was a leak overnight: Bank of Japan Discusses Raising Interest…