Category: August
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Israeli startups raised $200m in August
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Collecting Credit Dollars: Shutterstock Israel Land Authority issues tender to build over 7,000 housing units in Sde Dov Histadrut calls for general strike on Monday in protest of hostage deal The lower amount in August reflects a recent trend of higher amounts being raised by private tech companies in Israel.…
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Crypto whales scoop up Rollblock, XRP, and Shiba Inu in August
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Crypto whales shift focus from speculation to innovation, with Rollblock, XRP, and Shiba Inu leading the charge despite August declines. Unlike the frenzy of early 2024, the narrative has changed,…
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Helium spikes 51% in August as investors favor new proposals
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Helium, which is being touted as Solana’s largest decentralized public infrastructure network, has outperformed the broader altcoin market throughout August. Helium (HNT) has surged more than 51% in value over the past 30 days, outperforming the top 100 altcoins in the market. The crypto asset reached an intraday high of…
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Crypto Losses Fall To $15 Million In August
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In August 2024, the crypto ecosystem saw its lowest monthly losses this year. However, this development, which could be very encouraging for potential investors, is accompanied by increasing losses since the beginning of the year (YTD), indicating that the emerging industry could record even greater losses to bad actors in…
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Global Market Weekly Recap: August 26 – 30, 2024
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Major assets were all over the place this week as traders tried to balance a massive load of news and data, and based on the results, it appears they put a little more weight on individual asset catalysts over overall market sentiment drivers. Middle East tensions and Libyan supply concerns…
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China August Manufacturing PMI 49.1 (expected 49.5), Services 50.3 (expected 50.0)
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Official China PMI for August 2024 from the National Bureau of Statistics (NBS) More to come — The Chinese economy has shown, and continues to show, an uneven and unbalanced recovery. Key areas of concern include: Uncertain outlook for debt-ridden real estate sector Consumer confidence and demand decline Excess manufacturing…
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Eventful August sees S&P plunge, then go into recovery mode (NYSEARCA:SPY)
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S&P 500 (SP500) Friday Up 2.28% for August to close at 5,648.38 points. The accompanying SPDR S&P 500 ETF Trust (New York: Spy) He was Up 2.34% For the same period. Wall Street’s benchmark index posted its fourth straight month of gains, and is now up It has advanced in…
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US August UMich final consumer sentiment 67.9 vs 68.0 expected
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The initial score was 67.8. It was previously 66.4 Current conditions 61.3 vs. 60.9 in initial test (62.7 in previous test) Expectations 72.1 vs 72.1 in the preliminary test (68.8 in the previous test) Inflation over one year 2.8% vs. 2.9% initially Inflation over 5 years 3.0% vs. 3.0% initially…
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Daily Broad Market Recap – August 29, 2024
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Financial markets have been eagerly awaiting the release of the preliminary US GDP data for most of the day, and the numbers did not disappoint! Upgrades to growth and inflation figures were announced, sparking risk-on flows and some gains for Treasury yields and the dollar as well. Read on for…
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Daily Broad Market Recap – August 28, 2024
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The lack of major data has kept traders focused on overall risk sentiment and positions ahead of this week’s expected data releases. Commodities such as gold and oil continued to decline, while the US dollar gained against most of its peers. Find out what headlines are making waves among major…
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Daily Broad Market Recap – August 28, 2024
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The lack of major data has kept traders focused on overall risk sentiment and positions ahead of this week’s expected data releases. Commodities such as gold and oil continued to decline, while the US dollar gained against most of its peers. Find out what headlines are making waves among major…
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Daily Broad Market Recap – August 27, 2024
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No data? No problem! With not much significant data scheduled to be released, traders turned to market themes yesterday and priced in their biases for the upcoming reports due later this week. How did you trade your favorite assets anyway? Headlines: Bank of Japan Core CPI Growth slowed from 2.1%…
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Daily Broad Market Recap – August 26, 2024
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Markets started the week on a quiet note as traders remained on the sidelines waiting for potential catalysts this week. But crude oil was an exception, crude oil prices went up and haven’t looked back! Find out what market topics moved the markets on Monday: Headlines: Over the weekend, Israel…
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Weekly Market Outlook (26-30 August)
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Upcoming Events: Monday: PBoC MLF, German IFO, US Durable Goods Orders. Tuesday: Consumer confidence in the United States. Wednesday:Australia Monthly CPI and Nvidia Earnings. ThursdayUS GDP Q2:Second abbreviation US unemployment claims estimates. FridayTokyo CPI, Japan Retail Sales, Eurozone Spot CPI and Unemployment Rate, Canada GDP, US Personal Spending. Tuesday The…
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Global Market Weekly Recap: August 19 – 23, 2024
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While most market participants were preoccupied with the FOMC minutes and expectations of Powell’s testimony at the Jackson Hole Symposium, commodities like gold and crude oil also responded to their own set of catalysts. Geopolitical headlines and global growth concerns led the energy commodity mostly lower during the first half…
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Daily Broad Market Recap – August 22, 2024
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Profit-taking was the name of the game on Thursday as major assets reversed their trends for the week ahead of Powell’s keynote speech on Friday. Spot gold and the S&P 500 continued to trade lower near record highs, while U.S. bond yields and the U.S. dollar recovered despite mixed U.S.…
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U.K.’s PMIs Showed Solid Private Sector Expansion In August
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S&P Global’s August Purchasing Managers’ Index (PMI) reports reflected strong expansions in UK private sector activity, with manufacturing jumping to a 26-month high and services rising to a four-month high. The composite index measuring the manufacturing and services sectors was also in the spotlight as it reached its highest levels…
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Timbercreek Financial Declares August 2024 Dividend
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Article Content TORONTO, Aug. 22, 2024 (GLOBE NEWSWIRE) — Timbercreek Financial Corporation (TSX: TF) (the “Company”) is pleased to announce a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company, which will be paid on September 13, 2024 to holders of Common Shares of record on…
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Daily Broad Market Recap – August 21, 2024
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Just when the US dollar seemed to be in recovery mode, it posted another day in the red thanks to two major catalysts. How did the rest of the markets perform? Here are the top economic headlines and updates you need to know: Headlines: Japan’s trade deficit in July The…
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Daily Broad Market Recap – August 20, 2024
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Risk aversion has returned to the markets in recent trading sessions, sending stock indices lower again and pushing gold to test record highs. However, the US dollar failed to make safe-haven gains, as the greenback fell to its lowest level in a year. Check out these headlines and economic updates…