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BoI leaves rate unchanged, again cuts growth forecast
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The Monetary Committee of the Bank of Israel announced that it kept the interest rate unchanged at 4.5%. This is the sixth time in a row that the Bank of Israel has left the interest rate unchanged, after reducing it from 4.75% in January. The Bank of Israel expects the…
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RBNZ Slashes Rates by 50 bps, Signals Further Easing Ahead
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The Reserve Bank of New Zealand (RBNZ) has cut its official cash rate (OCR) by 50 basis points to 4.75%, marking a major shift in its monetary policy stance. The move, while widely expected by markets (as discussed in our events guide), underscores the central bank’s growing concerns about economic…
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Gen Z Targeted By Crypto Scams
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Coinbase warns of a worrying trend: Gen. Z Become more vulnerable to online scammers. The cryptocurrency exchange published a blog post on October 8 in which it identified four important threats that young users should be aware of. These consist of recovery schemes, fake websites, romance scams, and social media…
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Gen Z Targeted By Crypto Scams
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Coinbase warns of a worrying trend: Gen. Z Become more vulnerable to online scammers. The cryptocurrency exchange published a blog post on October 8 in which it identified four important threats that young users should be aware of. These consist of recovery schemes, fake websites, romance scams, and social media…
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OceanaGold Provides Notice of Third Quarter 2024 Results and Conference Call By Investing.com
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Vancouver, British Columbia, October 9, 2024 /PRNewswire/ – OceanaGold Company (OTC:) (TSX: OGC) (OTCQX: OCANF) (“OceanaGold” or the “Company”) will release its operating and financial results for the third quarter of 2024 after the market close on Wednesday 6 Novembery2024. The results will be made available on the company’s website…
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Forexlive Americas FX news wrap 9 Oct: Dollar, yields and stocks move higher ahead of CPI
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The Reserve Bank of New Zealand cut interest rates by 50 basis points causing the New Zealand dollar to fall against all major currencies. The largest decline was against the US dollar by -1.32%, and the US dollar was the strongest among the major currencies today: US CPI data will…
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XRP Will Jump 75% If It Holds Current Demand Level – Details
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This article is also available in Spanish. XRP is testing a crucial support level to determine the altcoin’s price movement in the coming weeks. The market is experiencing a state of uncertainty and anxiety after last week’s euphoria surrounding the Federal Reserve’s decision to cut interest rates. Related reading Despite…
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The Dow spikes more than 400 points as Fed minutes and an inflation report come into focus
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The Dow Jones index jumped more than 400 points on Wednesday after Release of Fed meeting minutes on September 17 and 18 Show how officials agreed to cut the interest rate by half a point. Although divided on the economic outlook and uncertain about how aggressive it will be, the…
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US stock gains after Fed minutes By Investing.com
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Investing.com – US stocks rose on Wednesday, as investors continued to digest clues about interest rates from the Federal Reserve. At 3:24 PM EST (19:24 GMT), the stock was up 409 points, or 1%, gained 0.6%, and added 0.5%. Fed meeting minutes show a majority of members support the deep…
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The Flaws In HBO’s Satoshi Reveal
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In the new HBO documentary “Money Electric: The Bitcoin Mystery Documentary,” director Colin Hoback posits that Peter Todd, the prominent Canadian Bitcoin core developer, is the elusive Bitcoin creator known as Satoshi Nakamoto. Despite the sensational claims, the evidence presented is not conclusive, leading to significant criticism from the Bitcoin…
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The Flaws In HBO’s Satoshi Reveal
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In the new HBO documentary “Money Electric: The Bitcoin Mystery Documentary,” director Colin Hoback posits that Peter Todd, the prominent Canadian Bitcoin core developer, is the elusive Bitcoin creator known as Satoshi Nakamoto. Despite the sensational claims, the evidence presented is not conclusive, leading to significant criticism from the Bitcoin…
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OpenAI says China-linked group tried to phish its employees
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OpenAI said a group with apparent ties to China attempted to carry out a phishing attack on its employees, reigniting concerns that bad actors in Beijing want to steal sensitive information from major US AI companies. A suspected China-based group called SweetSpecter posed as a user of OpenAI’s chatbot ChatGPT…
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Dollar edges higher ahead of Fed minutes; euro weakens By Investing.com
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Investing.com – The US dollar rose on Wednesday ahead of an opportunity to assess US interest rate expectations, while the euro fell. At 04:10 EDT (08:10 GMT), the dollar index, which tracks the US currency against a basket of six other currencies, rose 0.1% to 102.387, not far from its…
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Dollar edges higher ahead of Fed minutes; euro weakens By Investing.com
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Investing.com – The US dollar rose on Wednesday ahead of an opportunity to assess US interest rate expectations, while the euro fell. At 04:10 EDT (08:10 GMT), the dollar index, which tracks the US currency against a basket of six other currencies, rose 0.1% to 102.387, not far from its…
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Here Are Potential Bullish Turnaround Points
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This article is also available in Spanish. but It is witnessing a significant pullback after its recent rise, with several key support levels in focus. As the price declines, these areas will play a pivotal role in determining whether the asset can regain its value rising batch. Strong defense of…
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Here Are Potential Bullish Turnaround Points
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This article is also available in Spanish. but It is witnessing a significant pullback after its recent rise, with several key support levels in focus. As the price declines, these areas will play a pivotal role in determining whether the asset can regain its value rising batch. Strong defense of…
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China retaliates against EU tariffs with brandy tax
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China has hit back at the European Union by imposing new taxes on imports of European brandy, a move seen as a response to the EU’s recent imposition of heavy tariffs on Chinese-made electric cars. China’s Ministry of Commerce described the tax as an “anti-dumping” measure aimed at protecting domestic…
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What did a few, some, several, many, etc Fed officials agree on in the Fed minutes
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1. A little A few respondents noted that companies remained reluctant to lay off workers after having difficulty obtaining employees earlier in the post-pandemic period. A few participants also added that a 25 basis point move could indicate a more predictable path to policy normalization. A few participants noted that…
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Canary Capital’s Latest Move In The US Market
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Cryptocurrency investment firm Canary Capital has filed for a second time XRP exchange-traded fund (ETF) In the United States. This filing is consistent with Bitwise’s recent filing for a similar application for a spot XRP ETF. In light of the legal and regulatory uncertainty surrounding XRP, Canary’s decision to move…
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US dollar edges up to two month highs as Fed, CPI eyed By Reuters
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Written by Alden Bentley NEW YORK/LONDON (Reuters) – The U.S. dollar rose on Wednesday ahead of the release of records of the Federal Reserve’s decision in September to cut interest rates by 50 basis points, reflecting confidence that the central bank will not continue to ease aggressively. Concerns about demand…