Author: Investor Empires
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EURUSD tests 100 day MA target. Below the 38.2% retracementof the May range
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EURUSD reaches the 100-day moving average US non-farm payrolls came in stronger than expected. This led to the US dollar and EUR/USD rising to new lows during the week. The down move has now reached – and is now through – 38.2% of the up move from the May 1…
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Crypto market plunges $96b following strong US jobs report
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In the past 24 hours, the cryptocurrency market lost more than $96 billion as major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), faced corrections. Bitcoin, the leading cryptocurrency, saw a sharp decline to an intraday low of $68,507. At the time of writing, the cryptocurrency was priced at $69,321 –…
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Exposed: How an intern hired staff for a government agency
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The National Government Affirmative Action Fund (NGAAF) used an intern to recruit district coordinators to deploy across the country, an audit has revealed, exposing gaps in human resources management at the agency set up to help Kenya reduce poverty and inequality. The intern was part of the interview and selection…
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Citi Research Delivers Insight on Post-Election Market Sentiment By Investing.com
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The recent election results in India, contrary to poll expectations, have sparked market dynamics, leading to increased volatility and a potential shift in risk perception. Below is a breakdown of Citi Research’s analysis and initial reflections on the implications: 1. Rating Volatility: Variability between polls and actual results may lead…
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ScroogeToken Launches with Daily Rewards and $150K Funding
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(Press release – Dover, Germany, USA, June 8, 2024) The world of cryptocurrencies welcomes an exciting new project, ScroogeToken, an innovative token that aims to offer rewards and investment potential. Inspired by the famous Disney character Scrooge McDuck, ScroogeToken is designed to provide a unique and effective user experience. ScroogeToken…
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ScroogeToken Launches with Daily Rewards and $150K Funding
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(Press release – Dover, Germany, USA, June 8, 2024) The world of cryptocurrencies welcomes an exciting new project, ScroogeToken, an innovative token that aims to offer rewards and investment potential. Inspired by the famous Disney character Scrooge McDuck, ScroogeToken is designed to provide a unique and effective user experience. ScroogeToken…
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Institute of Directors Introduces Code of Conduct for Business Leaders
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The Institute of Directors (IoD) has launched a new code of conduct aimed at promoting ethical behavior among business leaders, in a bid to restore public trust in the wake of several high-profile corporate scandals. The IoD, which is referred to as the ‘Consortium of Chairs’, has developed this guidance…
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OANDA’s Europe CFO Steps Down after 10 Years
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After a decade at Oanda TMS Brokers, Jakub Zagorski has announced his return to the automotive sector. In a post shared on LinkedIn, Zagorski expressed his excitement at joining Flex to Go Group, a car rental company. Shifting from finance to the automobile industry “I also thank all the colleagues…
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Jobs Report, ECB Rate Cut Deliver Double Whammy
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Friday dealt a double blow to the Bitcoin market, exposing the cryptocurrency’s sensitivity to the ever-shifting sands of the global economy. Price of digital assets It fell below $70,000 After the confusing US jobs report came as a surprise Reducing the interest rate By the European Central Bank (ECB). Leading…
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Netflix’s recipe for success includes ‘secret sauce’ spiced with Silicon Valley savvy
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Breadcrumb links PMN works Article writer: Associated Press Michael Liedtke Published on June 08, 2024 • 5 minute read You can save this article by registering for free here. Or log in if you have an account. Article content LOS GATOS, Calif. (AP) — Although its streaming video service has…
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Citi Research on India’s Rates and FX By Investing.com
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India’s unexpected election results have created a degree of political uncertainty, which may impact market sentiment in the short term. However, Citi Research stresses that this development is not significant enough to warrant immediate changes in its macroeconomic forecasts for growth and inflation. The Reserve Bank of India’s (RBI) Monetary…
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Proof-Of-Stake On Bitcoin? Discussing Botanix’s Spiderchains
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In a recent interview with Bitcoin Magazine, Shinobi sat down with Willem Schroé of Botanix Labs to discuss the progress and vision behind Spiderchains, an innovative scaling solution that will soon be released to the public. Despite the wave of interest surrounding other layered solutions like BitVM and blockchains, the…
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Proof-Of-Stake On Bitcoin? Discussing Botanix’s Spiderchains
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In a recent interview with Bitcoin Magazine, Shinobi sat down with Willem Schroé of Botanix Labs to discuss the progress and vision behind Spiderchains, an innovative scaling solution that will soon be released to the public. Despite the wave of interest surrounding other layered solutions like BitVM and blockchains, the…
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Financial markets indifferent as Galilee burns
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Anyone who sees images of northern Israel on fire will find it difficult to get them out of his mind. Acres of farms, ranches, chicken runs, beehives, pastures and vineyards were burned to the ground. People saw their life’s work destroyed. Small businesses in the north have been collapsing for…
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Atlanta Fed GDPNow growth estimate for Q2 rises to 3.1% versus 2.8% yesterday
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The Atlanta Fed’s GDP growth estimate for the second quarter rose to 3.1% from 2.8% yesterday. In their own words: The GDP model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2024 is 3.1 percent on June 7, up from 2.6 percent on June…
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Crypto Analyst Gives Reasons Why A Face-Melting Bull Run Is On The Horizon
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Cryptocurrency analyst Lark Davis He predicted this recently That’s bull run It can be more massive than most people imagine. Explain why this is Market cycle It can stand out from its predecessors. Why This Bull Race Will Be ‘Face-Melting’ Davis mentioned in an X (formerly Twitter) mail Cryptocurrency market…
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Crypto Analyst Gives Reasons Why A Face-Melting Bull Run Is On The Horizon
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Cryptocurrency analyst Lark Davis He predicted this recently That’s bull run It can be more massive than most people imagine. Explain why this is Market cycle It can stand out from its predecessors. Why This Bull Race Will Be ‘Face-Melting’ Davis mentioned in an X (formerly Twitter) mail Cryptocurrency market…
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Tensions flare on Poland-Belarus border as more migrants arrive By Reuters
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Written by Barbara Erling, Kuba Stizecki, and Kakper Pimple BIALOVIZA, Poland (Reuters) – Dozens of people gathered near a fence along the border with Belarus, surrounded by dense forest, waiting for a chance to climb over it or push aside its slats to head west into Poland. On the other…
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What will the Fed do after hotter-than-expected jobs report? By Investing.com
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The US job market is still hot. The non-farm payrolls report, released on Friday, showed 272,000 jobs added in May, crushing analysts’ estimates. This divergence from consensus is likely to have a significant impact on the Fed. This rise indicates continued momentum in the labor market. As a result, the…
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Norway Recovers $5.7 Million In Stolen Crypto Assets
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The Ronin Network, an Ethereum sidechain integral to the popular web3 game Axie Infinity, was the victim of a devastating ronin network hack in March 2022. The ronin cryptocurrency hack led to the theft of over $600 million, making it the largest DeFi exploit in history. . However, recent developments…