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RBNZ Monetary Policy Review due Wednesday – “not expecting a whole lot”
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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$2.4 Billion Worth Of Bitcoin Exit The Network As Bear Market Bites
The Bitcoin market is experiencing a wave of uncertainty as a recent analysis by CryptoQuant reveals a major shift in investor behavior. Nearly $2.4 billion worth of Bitcoin, which investors may have acquired this year, has moved within the network, sparking debate about the reasons behind the exit. Related reading…
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US commits to bolstering financial connectivity in Pacific By Reuters
BRISBANE (Reuters) – The United States is committed to promoting “financial connectivity, investment and integration,” a senior U.S. Treasury official told a Pacific banking meeting in Brisbane on Monday, where financial institutions and government officials are meeting to try to improve banking facilities in the region. The Pacific region is…
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US stock futures edge lower with Powell testimony, CPI data on tap By Investing.com
U.S. stock index futures were slightly lower in overnight trading on Sunday as investors looked ahead to Federal Reserve Chairman Jerome Powell’s testimony and key inflation data for more cues on interest rates this week. Futures were steady after Wall Street surged to record highs on Friday as weaker-than-expected data…
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Biden Polymarket odds hit 49% ahead of Kamala Harris at 36%
According to Poly Market Bettors’ OddsPresident Joe Biden remains the favorite at 48% to retain the Democratic nomination for the 2024 presidential election. Vice President Kamala Harris is next at 36%. Politics has become one of the hottest topics on Polymarket, a site where users bet on some of the…
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Biden Polymarket odds hit 49% ahead of Kamala Harris at 36%
According to Poly Market Bettors’ OddsPresident Joe Biden remains the favorite at 48% to retain the Democratic nomination for the 2024 presidential election. Vice President Kamala Harris is next at 36%. Politics has become one of the hottest topics on Polymarket, a site where users bet on some of the…
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Paramount’s board approves bid by David Ellison’s Skydance Media in sweeping Hollywood deal
Paramount Pictures is the oldest film studio in Hollywood. (Brian Van Der Brug / Los Angeles Times) Technology billionaire David Ellison’s months-long quest to win control of Paramount Global approached the finish line on Sunday, in a deal that marks a new chapter for the long-suffering media company that is…
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Reserve Bank of New Zealand policy meeting this week – preview (on hold widely expected)
The Reserve Bank of New Zealand will announce its decision at 2pm NZ time on Wednesday 10 July, which is 0200 GMT on the 10th and 2200 EST on the 9th. Brief comments via Westpac on what to expect: We do not expect any change to the policy rate –…
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Time for a New Rally or a Further Crash?
Long summary Bitcoin has seen a major correction, dropping below $54,000. While some see this as a potential end to the bull market, others believe it is a natural part of Bitcoin’s growth and advise holding steady. Many analysts are predicting a future rally based on historical patterns and the…
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SA Asks: What’s a good alternative stock to Nvidia? (NASDAQ:NVDA)
David Baker/Getty Images News Nvidia (NASDAQ: NVDAIntel shares are up 154% this year, driven largely by insatiable demand for its graphics processing unit (GPU) chips amid the rise of artificial intelligence technology. But Nvidia isn’t necessarily the only way to take advantage of the chip. It is this food frenzy…
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Special committee of Paramount Global endorses plan to merge with Skydance Media, source says By Reuters
By Don Chmielewski Businessman David Ellison is one step closer to taking control of Paramount Global after a special committee voted on Sunday to back a merger with his company Skydance Media, a source close to the deal told Reuters. The proposed deal is likely to be approved by Paramount’s…
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Shiba Inu Whales On The Move Again As Bitcoin, Crypto Market Recover
Popular cryptocurrency Shiba Inu It has risen by double digits in the past 24 hours amid Positive performanceIn the broader market. According to price data, SHIB price surged over the past few hours to peak at $0.00001748, effectively reversing most of its losses over the past seven days. This remarkable…
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French left-wing coalition poised for shock victory in legislative election
The French left-wing coalition that quickly came together to defeat the rising far right in Legislative elections Turkey’s Justice and Development Party (AKP) won the most seats in parliament but fell short of a majority, opinion polls projected on Sunday, a stunning result that threatens to plunge the country into…
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ICYMI: Swiss National Bank Chair Jordan ready “to intervene in FX market” if necessary
Swiss National Bank President Thomas Jordan spoke in an interview published by Le Temps newspaper on Friday. It was Adam who made the headlines. In case you missed it, Jordan had specific comments regarding the Swiss franc: The Swiss franc can be significantly affected by political uncertainty both within Europe…
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Bitcoin Strikes A Chord At The Bottom
Bitcoin has gained 6% since breaking above the $53,000 price zone on July 5. However, while the cryptocurrency is now Showing a short-term uptrendIt is important to note that Not out of the woods Until now. Related reading There are still some serious resistance levels that could keep Bitcoin confined…
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Bitcoin Strikes A Chord At The Bottom
Bitcoin has gained 6% since breaking above the $53,000 price zone on July 5. However, while the cryptocurrency is now Showing a short-term uptrendIt is important to note that Not out of the woods Until now. Related reading There are still some serious resistance levels that could keep Bitcoin confined…
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Michael Waweru, the unlikely tax czar who secured Kibaki’s plans
Michael Waweru, who died yesterday, was known for his unwavering commitment to his duties. As a tax collector, he was a man of principles who carried out his duties with utmost sincerity. Tax evaders, who were once friends of the Commissioner General of the Kenya Revenue Authority, have found a…
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Trade ideas thread – Monday, 8 July, insightful charts, technical analysis, ideas
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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Tron’s Justin Sun reveals gas-free stablecoin transfer solution development
Tron (TRX) founder Justin Sun has revealed his plans for an innovative solution to simplify stablecoin transfers by eliminating gas fees. Facilitating stablecoin transfers According to Sun, this upcoming feature will enable users to conduct stablecoin transactions without the burden of additional gas tokens, with fees instead covered by the…
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Strategies to navigate potential labour tax changes
Throughout the general election campaign, Labour officials insisted there were “no plans” to raise taxes beyond the pledges made in their election manifesto. However, given the fragile state of the country’s finances, the wealthy and their advisers are expecting future tax increases now that the party has taken control of…