Author: Investor Empires
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Reserve Bank of New Zealand policy meeting this week – preview (on hold widely expected)
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The Reserve Bank of New Zealand will announce its decision at 2pm NZ time on Wednesday 10 July, which is 0200 GMT on the 10th and 2200 EST on the 9th. Brief comments via Westpac on what to expect: We do not expect any change to the policy rate –…
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Time for a New Rally or a Further Crash?
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Long summary Bitcoin has seen a major correction, dropping below $54,000. While some see this as a potential end to the bull market, others believe it is a natural part of Bitcoin’s growth and advise holding steady. Many analysts are predicting a future rally based on historical patterns and the…
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SA Asks: What’s a good alternative stock to Nvidia? (NASDAQ:NVDA)
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David Baker/Getty Images News Nvidia (NASDAQ: NVDAIntel shares are up 154% this year, driven largely by insatiable demand for its graphics processing unit (GPU) chips amid the rise of artificial intelligence technology. But Nvidia isn’t necessarily the only way to take advantage of the chip. It is this food frenzy…
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Special committee of Paramount Global endorses plan to merge with Skydance Media, source says By Reuters
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By Don Chmielewski Businessman David Ellison is one step closer to taking control of Paramount Global after a special committee voted on Sunday to back a merger with his company Skydance Media, a source close to the deal told Reuters. The proposed deal is likely to be approved by Paramount’s…
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Shiba Inu Whales On The Move Again As Bitcoin, Crypto Market Recover
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Popular cryptocurrency Shiba Inu It has risen by double digits in the past 24 hours amid Positive performanceIn the broader market. According to price data, SHIB price surged over the past few hours to peak at $0.00001748, effectively reversing most of its losses over the past seven days. This remarkable…
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French left-wing coalition poised for shock victory in legislative election
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The French left-wing coalition that quickly came together to defeat the rising far right in Legislative elections Turkey’s Justice and Development Party (AKP) won the most seats in parliament but fell short of a majority, opinion polls projected on Sunday, a stunning result that threatens to plunge the country into…
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ICYMI: Swiss National Bank Chair Jordan ready “to intervene in FX market” if necessary
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Swiss National Bank President Thomas Jordan spoke in an interview published by Le Temps newspaper on Friday. It was Adam who made the headlines. In case you missed it, Jordan had specific comments regarding the Swiss franc: The Swiss franc can be significantly affected by political uncertainty both within Europe…
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Bitcoin Strikes A Chord At The Bottom
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Bitcoin has gained 6% since breaking above the $53,000 price zone on July 5. However, while the cryptocurrency is now Showing a short-term uptrendIt is important to note that Not out of the woods Until now. Related reading There are still some serious resistance levels that could keep Bitcoin confined…
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Bitcoin Strikes A Chord At The Bottom
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Bitcoin has gained 6% since breaking above the $53,000 price zone on July 5. However, while the cryptocurrency is now Showing a short-term uptrendIt is important to note that Not out of the woods Until now. Related reading There are still some serious resistance levels that could keep Bitcoin confined…
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Michael Waweru, the unlikely tax czar who secured Kibaki’s plans
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Michael Waweru, who died yesterday, was known for his unwavering commitment to his duties. As a tax collector, he was a man of principles who carried out his duties with utmost sincerity. Tax evaders, who were once friends of the Commissioner General of the Kenya Revenue Authority, have found a…
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Trade ideas thread – Monday, 8 July, 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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Tron’s Justin Sun reveals gas-free stablecoin transfer solution development
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Tron (TRX) founder Justin Sun has revealed his plans for an innovative solution to simplify stablecoin transfers by eliminating gas fees. Facilitating stablecoin transfers According to Sun, this upcoming feature will enable users to conduct stablecoin transactions without the burden of additional gas tokens, with fees instead covered by the…
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Strategies to navigate potential labour tax changes
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Throughout the general election campaign, Labour officials insisted there were “no plans” to raise taxes beyond the pledges made in their election manifesto. However, given the fragile state of the country’s finances, the wealthy and their advisers are expecting future tax increases now that the party has taken control of…
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Premium Forex Watch Recaps: July 1 – 2, 2024
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There were plenty of catalysts to consider this week, and our forex strategists will be focusing on the Eurozone CPI and the UK General Election to determine asset selection and biases this week. Of the four scenario/price outlook discussions this week, Two discussions witnessed the raising of fundamental and technical…
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What is the Key to Bitcoin’s Next Bull Rally? Analysts Chip In
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Bitcoin’s price has been stagnant since its peak in March due to tighter US monetary policy, which has reduced the supply of stablecoins, according to CryptoQuant analysts. “The reason why Bitcoin has not been able to rise further is mainly due to the tightening of monetary policy in the United…
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What is the Key to Bitcoin’s Next Bull Rally? Analysts Chip In
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Bitcoin’s price has been stagnant since its peak in March due to tighter US monetary policy, which has reduced the supply of stablecoins, according to CryptoQuant analysts. “The reason why Bitcoin has not been able to rise further is mainly due to the tightening of monetary policy in the United…
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‘Meltdown’: A week later, WestJet continues to feel the fallout from mechanics strike
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Breadcrumbs Path Links PMN Business Article author: Canadian Press Christopher Reynolds Posted on July 07, 2024 • Read for 3 minutes You can save this article by registering for free here. Or log in if you have an account. WestJet is still feeling the effects of a machinists’ strike a…
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Wall Street Wizard Sees Major Bitcoin ‘Buy Signal”
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Veteran trader Peter Brandt has sparked hope among Bitcoin enthusiasts, after identifying a potential buying opportunity amid the cryptocurrency’s recent price decline. Brandt, who is known for his uncanny ability to predict market movements, believes a short-term buy signal is emerging even though the currency is hovering dangerously close to…
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Wall Street Wizard Sees Major Bitcoin ‘Buy Signal”
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Veteran trader Peter Brandt has sparked hope among Bitcoin enthusiasts, after identifying a potential buying opportunity amid the cryptocurrency’s recent price decline. Brandt, who is known for his uncanny ability to predict market movements, believes a short-term buy signal is emerging even though the currency is hovering dangerously close to…
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Cabinet approves budget cut, coalition funds left untouched
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The Israeli cabinet today approved a 1% budget cut for all government ministries except the Defense Ministry for the 2024 budget, including NIS 525 million originally earmarked to raise high school teachers’ salaries. The 1% budget cut is intended to finance the continued evacuation of residents in the north and…