Author: Investor Empires
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Economic calendar in Asia 01 July 2024 – another Chinese PMI due
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Over the weekend, China’s official PMIs for June were released: Today we get the Caixin Manufacturing PMI which was privately surveyed. This remained in expansion in May despite the National Bureau of Statistics’ manufacturing PMI falling into contraction. This image is from the ForexLive economic data calendar, You can access…
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Bloomberg Analyst Extends Deadline For Launch
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Bloomberg analyst Eric Balchunas has changed the expected deadline for the launch of Ethereum ETFs in the US. This development comes on the heels of the SEC’s comments regarding the second round of S-1 Forms filings. S-1 Forms Receive Delayed Response From SEC – Details In May, the Securities and…
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Bloomberg Analyst Extends Deadline For Launch
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Bloomberg analyst Eric Balchunas has changed the expected deadline for the launch of Ethereum ETFs in the US. This development comes on the heels of the SEC’s comments regarding the second round of S-1 Forms filings. S-1 Forms Receive Delayed Response From SEC – Details In May, the Securities and…
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Shikun & Binui CEO quits, moves to buy control
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In a dramatic development in the Israeli infrastructure and real estate company Shikon and Benoy (TASE: SKBN) CEO Tamer Cohen resigned after being forced to do so by controlling shareholder Nati Sedoff. The company’s board is now meeting to discuss the matter. Cohen plans to form a consortium of investors…
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Exclusive-US pushes for Boeing to plead guilty in connection with fatal crashes, sources say By Reuters
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By Mike Spector and Chris Prentice (Reuters) – The U.S. Justice Department is pressing Boeing Co to plead guilty to a criminal charge after finding the planemaker violated a settlement over deadly 737 Max crashes in 2018 and 2019 that killed 346 people, two people familiar with the matter said…
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Ethereum ETF Dream On Hold: SEC Rejects Applications (Again)
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Ethereum fans have been heading into a Fourth of July fireworks celebration of a different kind: the launch of the first Ethereum spot trading fund. Related reading Investor enthusiasm waned when the U.S. Securities and Exchange Commission unexpectedly reinstated the applicants’ proposals, delaying the long-awaited offering. Missed exit: July ETF…
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Ethereum ETF Dream On Hold: SEC Rejects Applications (Again)
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Ethereum fans have been heading into a Fourth of July fireworks celebration of a different kind: the launch of the first Ethereum spot trading fund. Related reading Investor enthusiasm waned when the U.S. Securities and Exchange Commission unexpectedly reinstated the applicants’ proposals, delaying the long-awaited offering. Missed exit: July ETF…
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Trump puts murdered women and girls center stage in anti-immigration drive By Reuters
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By Ted Hesson and Alexandra Ulmer WASHINGTON (Reuters) – Minutes before he took the stage for the first presidential debate on Thursday, Donald Trump received a phone call from the mother of 12-year-old Joselyn Nungaray, who was killed in Houston this month, allegedly by two Venezuelan men who had illegally…
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Japan ‘deeply concerned’ about rapid, one-sided forex moves, finance minister says By Reuters
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TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki said on Friday that authorities were “deeply concerned” about the impact of “rapid and biased” foreign exchange movements on the economy, with the yen falling to a 38-year low above 161 yen. per dollar. Speaking at a regular news conference, Suzuki said…
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Is Chipotle a No-Brainer Buy Right After Its 50-for-1 Stock Split? The Answer Might Surprise You.
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The time has finally come. On June 16, shares rose Chipotle Mexican Grill (NYSE: CMG) Closely watched and historically 50 to 1 stock splitThe former four-figure stock price is currently around $65. Management felt this was the right proposal, given the good performance of the restaurant company’s stock. They are…
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Premium Forex Watch Recaps: June 24 – 25, 2024
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Our forex strategists were feeling the comdolence this week, focusing on key inflation updates from Australia and Canada. Of the four scenario/price outlook discussions this week, Two discussions saw both financial and technical arguments raised To become a potential candidate for risk management. Check out our review of this discussion…
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Catch up on Render and BNB price spike; enhance wallets with top analyst pick
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. The sudden surge in BNB and Render is drawing attention to Raboo, an ERC-20 token with strong pre-sale gains and the potential to launch 100x. Several weeks ago, the…
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France’s elections see strong voter turnout amid uncertain outlook (NYSEARCA:EWQ)
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Sylvain Lefebvre/Getty Images News Large numbers of voters in France went to the polls in the first round of legislative elections called unexpectedly by President Emmanuel Macron this month, the New York Times reported on Sunday. Macron’s move is seen as a political gamble. This may herald the formation of…
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Deutsche Bank appoints Laura Padovani to management board By Reuters
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FRANKFURT (Reuters) – Deutsche Bank said on Sunday it had appointed Laura Padovani to its board of directors responsible for compliance and financial crime prevention, adding a woman to the German bank’s male-dominated senior positions. The promotion of Padovani, who joined Deutsche Bank last year as head of compliance, will…
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Crypto Price Manipulation and Securities Fraud Lead to Two Prison Sentences
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Two men have been sentenced for manipulating the price of Hydrogen Technology’s cryptocurrency, HYDRO, and plotting to defraud investors. This case marks the first time a jury in a federal criminal trial has classified a cryptocurrency as a security and found that cryptocurrency price manipulation constitutes securities fraud. $300 Million…
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Crypto Price Manipulation and Securities Fraud Lead to Two Prison Sentences
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Two men have been sentenced for manipulating the price of Hydrogen Technology’s cryptocurrency, HYDRO, and plotting to defraud investors. This case marks the first time a jury in a federal criminal trial has classified a cryptocurrency as a security and found that cryptocurrency price manipulation constitutes securities fraud. $300 Million…
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Heavily indebted countries can look just fine until suddenly they don’t, BIS warns
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The Bank for International Settlements has warned that heavily indebted countries are at risk of a sudden loss of confidence, although this risk is hardly recognised in bond markets. The Basel-based institution said in its report: Annual Economic Report On Sunday, the World Bank Group released a report stressing that…
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All roads lead to the dollar By Reuters
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A look at the day ahead in the European and global markets from Rae Wee Investors closely watched the first US presidential debate between Democratic President Joe Biden and Republican challenger Donald Trump in the early hours of Friday morning in Asia, as the two clashed on stage ahead of…
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Here’s Why The PEPE Price Has Been Struggling Over The Weekend
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The price of PEPE fell significantly on Saturday, reversing some of its gains from earlier in the week. Specifically, this price decline saw PEPE fall to $0.00001088, representing a 7.5% decline in 24 hours. While PEPE’s pricing problems are part of broader market contractionThe recent whale movement appears to have…