Author: Investor Empires
-
Interest rate expectations for the Fed after Friday’s Flash PMI data
•
Despite a strong US Purchasing Managers’ Index (PMI) release on Friday, the Fed’s money market bets were little changed. Federal interest rate forecasts Expectations in the data were for a decline of about 47 basis points by the end of the year, and expectations remained very close to that despite…
-
Stock Markets Tapping New Highs Last Week but BTC and ETH Suffer
•
The cryptocurrency industry is often described as a high-risk asset class that tends to perform poorly during times of economic uncertainty. Although the stock market also falls into this category, at least to some extent, it has been on a wild run the past few weeks, with multiple new all-time…
-
Asian Stocks Falter as Japan Warns on Yen Moves: Markets Wrap
•
Breadcrumb links BMN Business Asian stocks fell, kicking off a week of inflation measures that will help guide bets on the global interest rate outlook. The yen stabilized after Japan’s top currency official stepped up the interventionist tone. Article writer: Bloomberg News Catherine Bosley and Matthew Burgess Posted on June…
-
Asia shares subdued as inflation, politics loom large By Reuters
•
By Wayne Cole SYDNEY (Reuters) – Asian shares fell on Monday as the countdown to U.S. price data investors hope will show a renewed moderation in inflation, while markets were on alert for possible Japanese intervention with the dollar testing the 160 yen barrier. Geopolitics was also looming, with the…
-
Bitcoin Price Falls Below Short-Term Holders’ Realized Price Of $66,200
•
Refers to the latest data on the series Bitcoin’s current problems It may not be over yet as short-term holders are still feeling the heat. Bitcoin failed to rebound significantly after last week’s price decline, leaving many investors wondering whether to expect further declines in the coming weeks. Notably, the…
-
Bitcoin Price Falls Below Short-Term Holders’ Realized Price Of $66,200
•
Refers to the latest data on the series Bitcoin’s current problems It may not be over yet as short-term holders are still feeling the heat. Bitcoin failed to rebound significantly after last week’s price decline, leaving many investors wondering whether to expect further declines in the coming weeks. Notably, the…
-
Short seller Hedgeye sees 30% downside in monday.com
•
The US hedge fund researcher is not in line with analysts covering the Israeli business operating system company, who see an upside in monday.com. Israeli business operating systems company monday.com (Nasdaq: MNDY) The stock price was on a roll last weekend on Wall Street, falling 3.3% on Thursday and rising…
-
Japanese yen fragile, USDJPY nears 160 amid intervention talk By Investing.com
•
Investing.com — The Japanese yen was fragile on Monday, with the USD/JPY pair approaching key intervention levels even as government officials repeated warnings that they would intervene to support the currency. The pair, which measures the number of yen needed to buy one dollar, rose slightly on Monday to 159.93…
-
What to expect from the BoJ summary of opinions this morning
•
The report should give us a better understanding of what board members were thinking. In June, the Bank of Japan decided to keep the short-term interest rate steady at 0.0%-0.1%, which was expected. But they were shocked when they did not begin to gradually reduce their bond purchases as some…
-
Top cryptocurrencies to watch this week: AVAX, JASMY, BONK
•
Bearish forces continued to exert significant selling pressure last week, pushing Bitcoin (BTC) below the critical $65,000 threshold for the first time in over a month. This downturn reverberated throughout the market, leading to long-lasting losses. As a result, the entire market witnessed a massive sell-off, resulting in a $70…
-
Do I Have Enough to Stop Contributing to My 401(k)?
•
How much will my 401k grow if I stop contributing? It can be fun to watch your 401(k) plan balance grow over time as you contribute to it. But what happens when those contributions stop? The amount your account will grow depends on how much money is in it and…
-
Could Uphold’s Tether Delisting Signal Trouble for USDT in Europe?
•
Popular New York-based cryptocurrency exchange Uphold has announced the delisting of six stablecoins in response to the EU’s upcoming MiCA regulation, including Tether (USDT) — the largest of the group. This decision is in line with the Markets in Cryptoassets (MiCA) regulation, which comes into full effect on June 30,…
-
Could Uphold’s Tether Delisting Signal Trouble for USDT in Europe?
•
Popular New York-based cryptocurrency exchange Uphold has announced the delisting of six stablecoins in response to the EU’s upcoming MiCA regulation, including Tether (USDT) — the largest of the group. This decision is in line with the Markets in Cryptoassets (MiCA) regulation, which comes into full effect on June 30,…
-
Lemonade stock still has a long way to go after last week’s bump up (NYSE:LMND)
•
Tarik Kızılkaya Lemonade (New York Stock Exchange: LMND) The stock got a much-needed boost last week when co-founder and CEO Daniel Schreiber appeared on CNBC extolling the benefits of artificial intelligence in the insurance business. “Businesses in our sector that do not rely on AI are missing out “It relies…
-
Exclusive-US prosecutors recommend DOJ criminally charge Boeing as deadline looms By Reuters
•
Written by Chris Prentice, Mike Spector, and Allison Lambert WASHINGTON (Reuters) – U.S. prosecutors have recommended top Justice Department officials file criminal charges against Boeing Co (NYSE:) after it emerged that the planemaker violated a settlement related to two fatal accidents, two people familiar with the matter told Reuters. The…
-
Crypto App CoinStats Hit By Security Breach, User Funds Potentially Exposed
•
CoinStats, a popular cryptocurrency wallet tracker, suffered a security breach that exposed users’ wallets and sent scam notifications to mobile devices. The company took the drastic step of shutting down its entire platform while the incident was investigated. The hack, which CoinStats confirmed on its official social media channel, resulted…
-
Crypto App CoinStats Hit By Security Breach, User Funds Potentially Exposed
•
CoinStats, a popular cryptocurrency wallet tracker, suffered a security breach that exposed users’ wallets and sent scam notifications to mobile devices. The company took the drastic step of shutting down its entire platform while the incident was investigated. The hack, which CoinStats confirmed on its official social media channel, resulted…
-
Stock market outlook: S&P 500 could soar to 15,000 by end of decade
•
Tom Lee, co-founder of Fundstrat Global Advisors, was among the few voices on Wall Street last year who predicted a stock market rally while most of his peers saw a decline amid widespread expectations of a recession. But he – and the American economy – proved that the pessimists were…