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Oil: Private survey of inventory shows headline crude oil draw larger than expected
Figures via oilprice.com on Twitter: – The predictions I saw focused on: Main crude oil -1.6 million barrels Distillates +0.2 million barrels Gasoline -0.4 million — This data point is taken from a special survey conducted by the American Petroleum Institute (API). It is a survey of oil storage facilities…
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Bulls Pummel The Bears with a 10% Uptick This Week
Crypto games make counting With Immutable leading the charge. This has sent IMX, the platform’s native token, into a strong bullish signal, giving investors and traders a massive 10% gain since last week. Related reading The move has been supported by increased activity within the Immutable network itself, with a…
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Bulls Pummel The Bears with a 10% Uptick This Week
Crypto games make counting With Immutable leading the charge. This has sent IMX, the platform’s native token, into a strong bullish signal, giving investors and traders a massive 10% gain since last week. Related reading The move has been supported by increased activity within the Immutable network itself, with a…
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Attention Globes readers – Globes
Update on the Globes cyberattack 23.7.24: 20.00: In recent days, Globes has been dealing with a cyberattack, the consequences of which we are still learning. We already know that this was an economic terrorist attack carried out by a sophisticated international criminal gang. Globes is currently working with professional and…
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S&P500 closes lower as big tech set to get earnings underway By Investing.com
U.S. stocks rose slightly on Tuesday, but gains remained in check amid cautious trading ahead of quarterly earnings from major technology companies. At 14:59 ET (18:59 GMT), the S&P 500 was up 58 points, or 0.2%, while the FTSE 100 was up 0.1% and the S&P 500 was up 0.2%.…
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Top Tips To Avoid Telegram Scams And Stay Safe Online
In the digital age, where instant messaging has become an integral part of our daily communication, Telegram stands out for its encrypted messaging service, attracting millions of users worldwide. However, the platform’s popularity has also made it a fertile ground for various telegram scams, affecting unsuspecting users. From telegram scamming…
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As investors eye US presidential race, JPMorgan exec says focus should be on policies By Reuters
Written by Divya Chaudhary and Mahnaz Yasmin U.S. stock markets will remain volatile ahead of November’s presidential election, but the candidates’ policies should take priority over responding to “inflammatory” rhetoric from their political parties, JPMorgan’s chief investment officer said Tuesday. “There’s a Republican trade and there’s a Democrat trade,” Richard…
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Pudgy Penguins firm secures $11m to build new L2 project
Igloo, Inc., the company behind the non-fungible token Pudgy Penguins, announced that it has raised $11 million in funding to build its latest blockchain project. Peter Thiel Founders Fund led the fundraising round, which Igloo says will include: Funding a new currency based on Ethereum (ETH) Consumer Layer 2 solutions…
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Pudgy Penguins firm secures $11m to build new L2 project
Igloo, Inc., the company behind the non-fungible token Pudgy Penguins, announced that it has raised $11 million in funding to build its latest blockchain project. Peter Thiel Founders Fund led the fundraising round, which Igloo says will include: Funding a new currency based on Ethereum (ETH) Consumer Layer 2 solutions…
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Treasury urges Chancellor to target pension savings of 6m middle-class workers
Rachel Reeves, Consultant Rachel Reeves will push to tap into the retirement savings of up to 6 million middle-class workers in plans Treasury officials presented ahead of her first budget. The Chancellor is expected to consider a proposal to cut pension tax to a flat rate of 30% – meaning…
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BOC rate decision and lower oil price help to push USDCAD higher. Technicals more bullish.
As the market awaits tomorrow’s Bank of Canada interest rate decision, the USD/CAD pair has been rising in anticipation of a rate cut. The pair has also been helped by a sharp drop in oil prices, which have pushed the price down by about 8% from its highs last Wednesday…
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Top 10+ Best Bitcoin & Crypto Casinos ? New & Updated
Bitcoin casinos have become hugely popular platforms for online gamblers to play a vast array of games, ranging from classics such as Blackjack and Roulette to a wide variety of Slots, all using digital currencies like Bitcoin. This article compares and reviews all of the leading Bitcoin casino platforms in…
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AI could be the best long-term disinflationary force in a challenging global economy
Inflation has come down from last year’s peak, but as the latest figures show, it’s still not as low as anyone would like. The Fed has also raised interest rates 11 times and kept them at 23-year highs. Will that be enough? Perhaps, but some economists say we’re in a…
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AI could be the best long-term disinflationary force in a challenging global economy
Inflation has come down from last year’s peak, but as the latest figures show, it’s still not as low as anyone would like. The Fed has also raised interest rates 11 times and kept them at 23-year highs. Will that be enough? Perhaps, but some economists say we’re in a…
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Apple likely to release foldable iPhone as early as 2026, the Information reports By Reuters
(Reuters) – Apple Inc is likely to release a foldable iPhone as early as 2026, the Information reported on Tuesday, potentially marking the biggest hardware design revamp of the company’s most popular product. The Cupertino, California-based company’s plan to launch a foldable iPhone could mimic a similar move by Samsung…
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Bitcoin Mining and HPC Leaders Unite to Create Synteq Digital
SunnySide Digital (SunnySide) and Cryptech Solutions (Cryptech), wholesale distributors and service providers of digital asset mining equipment and high-performance computing data centers, have joined forces to launch Syntec Digital (Syntec). Synteq Digital aims to meet the needs of the digital mining and high-performance computing industries on a large scale by…
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Faulu Microfinance Bank launches money market fund
Faulo Microfinance Bank has launched the Money Market Fund (MMF), with the aim of expanding investment options for its clients. A money market fund (MMF) is a type of mutual fund that invests in high-quality, short-term debt instruments, cash, and cash equivalents. Although not quite as safe as cash, money…
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Wells Fargo sees slower US dollar decline through 2025 By Investing.com
Wells Fargo has updated its currency market forecasts, expecting a gradual decline in the value of the US dollar over the medium term compared to previous expectations. The bank’s forecasts indicate a moderate decline in the value of the dollar through most of 2025. This forecast is based on an…
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Helium (HNT) Rockets In Value With 41% Rally
Some altcoins are seeing a strong and consistent bullish stance from their traders today, and Helium is one of them. Latest Market Data Offers The token is up nearly 41% since last week. HNT price continues weekly rise. Source: quinjico Related reading This is largely supported by ongoing efforts to…