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European markets mixed as economic indicators hit (EUR:USD)
da-kuk/E+ via Getty Images London (UKX) -0.53% Germany (DAX:IND) +0.27% Germany’s GDP shrinks by 0.10% in Q2 France (CAC:IND) +0.32% France’s GDP grows 0.3% in Q2 Spain’s GDP grows 0.8% in Q2, inflation falls to 2.8% The Czech Republic’s GDP grew by 0.3% in the second quarter. Producer prices in…
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Dollar, yen hold tight ranges as market braces for BOJ, Fed By Reuters
By Brigid Riley TOKYO (Reuters) – The dollar and yen held within close ranges on Tuesday as traders awaited major central bank decisions, starting with midweek policy meetings from the Bank of Japan and the Federal Reserve, that could set the tone for the coming weeks. The Japanese currency took…
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Dems Could Sell Off All Bitcoin To Thwart Trump’s Plan: Experts
In what could be a highly politically charged move, the US Democratic Party orchestrated the transfer of 29,800 bitcoins, worth nearly $2 billion, to a newly created address on Monday. The development, first reported by crypto intelligence platform Arkham, has not only stunned the market but also sparked considerable speculation…
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Millennial entrepreneur and podcaster Dan Murray-Serter, behind a £35 million supplements startup wishes he could tell his 20-year-old self to ‘sack off NFTs’
What would you do if you had a six-figure salary? You’d probably never cook another meal or enjoy a monthly Thai massage and a Soho House membership to relieve the stress of being at your best. Here at The Good Life, you no longer have to imagine what life at…
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Chart Art: Trend Continuation Trade On S&P 500 Index?
US stock index S&P 500 tests technical support area ahead of key data releases this week! Will this week’s events contribute to extending the index’s upward trend? Or are the bears preparing for a hard landing? S&P 500 (SPX500) Daily Chart by TradingView A combination of concerns about global growth,…
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$25 Million Drained From Compound (COMP) Treasury In Latest Governance Exploit Incident
$25 million was drained from the Compound Finance (COMP) treasury in a recent governance attack, raising concerns about the state of decentralized governance in Decentralized Finance (DeFi) Ecosystem. DAO complex hijacked According to DeFi researcher Ignas said the attack began with an initial proposal to give away 92,000 COMP tokens,…
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Jacob Juma widow loses bid to stop eviction from Loresho land
The widow of late businessman Jacob Juma has failed to persuade an appeals court to block her eviction from a controversial property in Nairobi’s Loresho area. A three-judge panel of the Court of Appeal dismissed Ms Miriam Juma’s application, saying they were not satisfied that her appeal would be in…
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China’s Politburo holds meeting to set out economic priorities for H2 2024
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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US govt moves $2b worth of Bitcoin after Trump’s ‘no sell’ speech
Bitcoin fell slightly on Monday after the U.S. government moved a large amount of bitcoin from its Silk Road cryptocurrency hoard. Data from Arkham show up The US government sent nearly $2 billion worth of Bitcoin (BTC) to a new address. The transactions were made in two batches, worth $669…
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Reeves’ tax raid spells ‘game over’ for North Sea oil and gas
The North Sea is approaching an “endgame zone” after Rachel Reeves pushed through a widening tax raid on oil and gas companies. On Monday, the chancellor delivered on Labour’s election pledge to impose tougher taxes on oil companies by increasing the Energy Profits Tax. Reeves announced that the tax, originally…
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India’s Adani Enterprises eyes first-ever public debt issue in coming weeks, sources say By Reuters
By Bhakti Tambe MUMBAI (Reuters) – India’s Adani Enterprises, the flagship of the Adani group, plans to launch its first-ever public bond issue in the coming weeks to raise up to 6 billion rupees ($71.7 million), people familiar with the matter said on Tuesday. “The company has already filed a…
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Bitcoin ETF Transformation: ARK/21Shares Integrates Chainlink’s PoR For Major Update
In a recent move, the asset managers behind the ARK Bitcoin ETF (ARKB), 21Shares and Ark Investment, announced a partnership with the decentralized oracle network Chainlink to set a “new standard” for transparency and security in the world of cryptocurrencies. Symbolic assets. Chainlink to Prove ARKB Bitcoin ETF Reserves Through…
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South Korea Taps US Trade Deal to Prevent Chip Spats with Japan
Breadcrumbs Path Links PMN Business South Korea is seeking to play a bigger role in a U.S.-led trade pact in Asia aimed at stemming the risk of friction with Japan that has affected global semiconductor supply chains. Article author: Published on July 30, 2024 • Read for 3 minutes You…
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Asia FX muted with yen steady ahead of BOJ; dollar gains before Fed By Investing.com
Most Asian currencies remained in a narrow range on Tuesday amid caution ahead of a series of economic signals this week, with the yen steady amid uncertainty over a potential interest rate hike by the Bank of Japan. The dollar recovered slightly as expectations of a Federal Reserve meeting grew,…
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Here’s Why ETH Could Skyrocket to $15,000 Soon
Ethereum, the second-largest cryptocurrency by market capitalization, has started to show signs of an upward trajectory. In particular, according to ideas From CoinSignals, a prominent cryptocurrency analysis platform, it appears that the price of Ethereum is poised for a major price surge. The platform suggests that Ethereum’s value could rise…
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Here’s Why ETH Could Skyrocket to $15,000 Soon
Ethereum, the second-largest cryptocurrency by market capitalization, has started to show signs of an upward trajectory. In particular, according to ideas From CoinSignals, a prominent cryptocurrency analysis platform, it appears that the price of Ethereum is poised for a major price surge. The platform suggests that Ethereum’s value could rise…
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Camtek jumps on new order from tier-1 chipmaker
Camtek CEO Rafi Amit Credit: Raanan Tal ICL Buys US Custom Ag Formulators for $60 Million Approval of a reduction in home purchase tax for new immigrants The Israeli company announced today that it has received orders worth over $25 million from a top-tier manufacturer specializing in high-bandwidth memory (HBM).…
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Daily Broad Market Recap – July 29, 2024
A lack of data releases kept traders on the sidelines on Monday, leading to volatile price movements for most major assets. What headlines dominated the news agencies anyway? headlines: during the Weekend, British Chancellor of the Exchequer Rachel Reeves Beware ofMaking tough decisions about spending, social care, and taxes“After reviewing…
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US-Philippines engagements help with ‘agile’ responses to China, says Marcos By Reuters
By Simon Lewis and Karen Lima MANILA (Reuters) – Philippine President Ferdinand Marcos Jr. told U.S. Secretaries of State Antony Blinken and Lloyd Austin on Tuesday that regular communication between Manila and Washington is needed to ensure “agile” responses to maritime tensions between his country and China. The Philippines, a…