Category: Year

  • The stage is set for 2 rate cuts this year, but investors need to be careful adding more exposure to the stock market, JPMorgan strategy chief says

    In this photo taken on May 22, 2020, a car drives past the Federal Reserve Bank building in Washington.Patrick Szymanski/AP Photo Recent data makes the Federal Reserve ready to cut interest rates twice this year, said David Kelly of JPMorgan Chase. The bank’s chief global strategist expects the Federal Reserve…

  • Deutsche Bank’s four key risks for H2 of the year

    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…

  • Pepe set to overtake Shiba Inu in the crypto market this year

    Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Pepe is aiming to overtake the Shiba Inu in 2024, with Pepe Unchained, a new contender, raising $1.5 million in pre-sale. This year has been a big one for…

  • This year the S&P 500 has had 32 all-time highs. Why that matters

    The S&P 500 hit an all-time high today at 5,523 (and counting). This marks the 32nd day the index has hit a record high in the first half of the year. Today, Deutsche Bank compares the number of records set this year against historical norms. In short, this year was…

  • Amazon says Kuiper satellite production delayed; beta tests to start next year

    dima_zel/iStock via Getty Images Amazon (NASDAQ: AMZNAmazon said Thursday that the production launch of its Kuiper Project satellites will be delayed and will begin in the fourth quarter, with trial testing scheduled for next year. Involved rose 2.1% On Thursday, it hit a new 52-week high, a day after surpassing…

  • Fed’s Daly: Bumpiness of inflation data so far this year has not inspired confidence

    High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or all…

  • Credit’s Strong Run Stumbles for First Time This Year

    Breadcrumb links BMN Business Global corporate bond spreads are on track to turn in their first month of weakness since late last year, reigniting the debate over the relative value of credit versus other fixed income classes ahead of the second half of 2024. Article writer: Bloomberg News Finbar Flynn…

  • Credit’s Strong Run Stumbles for First Time This Year

    Breadcrumb links BMN Business Global corporate bond spreads are on track to turn in their first month of weakness since late last year, reigniting the debate over the relative value of credit versus other fixed income classes ahead of the second half of 2024. Article writer: Bloomberg News Finbar Flynn…

  • SEC’s Crypto Enforcement Chief David Hirsch Departs After 9 Year Stint

    The US Securities and Exchange Commission (SEC) has seen a major shift in its leaders, with David Hirsh, head of cryptocurrency enforcement in the agency’s crypto and cyber assets unit, announcing his departure after nearly nine years of service. The move comes amid a wave of scrutiny of cryptocurrency regulation…

  • SEC’s Crypto Enforcement Chief David Hirsch Departs After 9 Year Stint

    The US Securities and Exchange Commission (SEC) has seen a major shift in its leaders, with David Hirsh, head of cryptocurrency enforcement in the agency’s crypto and cyber assets unit, announcing his departure after nearly nine years of service. The move comes amid a wave of scrutiny of cryptocurrency regulation…

  • Rollblock aims to outperform ADA, AVAX, and MATIC this year 

    Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Rollblock (RBLK) is expected to overtake ADA, AVAX, and MATIC in 2024, attracting attention with its unique blockchain-powered gambling platform. Avalanche (AVAX) showed an uptrend on the charts, as…

  • Rollblock aims to outperform ADA, AVAX, and MATIC this year 

    Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Rollblock (RBLK) is expected to overtake ADA, AVAX, and MATIC in 2024, attracting attention with its unique blockchain-powered gambling platform. Avalanche (AVAX) showed an uptrend on the charts, as…

  • Dollar pares losses as Fed officials project only one rate cut this year By Reuters

    Written by Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after data showed that consumer prices in May rose less than economists expected, but pared losses after an updated interest rate forecast by Federal Reserve officials showed an expectation of another rate cut. Only one this year.…

  • Finance Magnates London Summit is Returning for its 13th Year!

    Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24…

  • Fed Held Rates As Expected, Trimmed Potential Cuts from Three Down to One this Year

    The Federal Open Market Committee (FOMC) maintained the target range for the federal funds rate at 5.25-5.50% as expected in its last announcement. Their official statement acknowledged this “There has been modest additional progress towards the committee’s 2% inflation target.” In recent months, which has been more optimistic compared to…

  • Coinbase Witnesses Largest Ethereum Outflow of the Year, Surpassing $1 Billion

    Coinbase saw its largest Ethereum outflow this year, totaling more than 336,000 ETH, worth more than $1 billion on June 12. This marks the fifth instance in 2024 where more than 150,000 ETH has been withdrawn from a cryptocurrency exchange in a single day. It is still unknown who is…

  • Kraken Is Targeting An IPO Next Year: Report

    Kraken, one of the oldest and largest cryptocurrency exchanges in the United States, is organizing a major funding round ahead of a potential initial public offering next year, according to a new report from Bloomberg. The sources contacted by the platform say that the exchange likely aims to raise $100…

  • U.S. job openings reach a 3 year low. It’s an employer’s market now

    US job openings fell in April to their lowest level in more than three years, consistent with a gradual slowdown in the labor market. The number of jobs available fell to 8.06 million from a downwardly revised reading of 8.36 million the previous month, the Bureau of Labor Statistics’ Job…

  • Why bond yields are likely to end the year lower By Investing.com

    The US bond market continues its volatile performance in 2024, with Treasury yields recently reaching four-week highs. However, despite the near-term strength, strategists at UBS believe bond yields are likely to end the year lower, due to several macroeconomic factors. Primarily, inflation in the United States is among the main…

  • Vistra slides on Texas power deal but stock still quadruples in past year (NYSE:VST)

    Imaginema/iStock via Getty Images Scenery (New York Stock Exchange: FST) -5.6% in trading on Friday after outlining plans to boost its natural gas capacity in Texas with 2 gigawatts of dispatchable natural gas-fired capacity. Investors are concerned that the additional capacity could beThe tip of the iceberg of excess supply“,…