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$144.4 Trillion Reasons Why The Odds Of A Financial Crisis Are Increasing

$144.4 Trillion Reasons Why The Odds Of A Financial Crisis Are Increasing

Image source: Pixabay Could Derivatives Trigger a Financial Crisis? The Dow Jones Industrial Average has crossed above 41,000, the S&P 500 is making a run towards 6,000, and the Nasdaq Composite Index stands at 18,000. Everything feels great. But be very careful: a financial crisis is still possible—and it wouldn’t be wrong to say the odds […]
China Cuts 7-Day Reverse Repo Rate And Loan Prime Rates In Move To Support Growth

China Cuts 7-Day Reverse Repo Rate And Loan Prime Rates In Move To Support Growth

Source: Shutterstock China cut its 7-day reverse repo rate and LPR by 10bp The PBOC made its first major moves since announcing a shift in the monetary policy framework The People’s Bank of China (PBOC) cut its 7-day reverse repo rate by 10bp from 1.8% to 1.7%. China’s loan prime rates (LPR) also fell 10bp, […]
Cloud Stocks: Oracle Cloud Infrastructure Benefits From AI

Cloud Stocks: Oracle Cloud Infrastructure Benefits From AI

Photo credit: Joey Rozier/Flickr.com. Oracle (NYSE: ORCL) recently reported its fourth-quarter results that missed estimates. But despite the weak results, the market was impressed given the strong Oracle Cloud Infrastructure (OCI) demand that it is seeing coming its way. Oracle’s Financials Revenue for the fourth quarter grew 3% to $14.29 billion, below analyst estimates of $14.55 […]
Elliott Wave Technical Analysis – Iron Ore

Elliott Wave Technical Analysis – Iron Ore

Image Source: Pixabay  Iron Ore Elliott Wave Technical Analysis Function – Counter-trend Mode – Corrective for 2 Structure – Impulse for wave (A) Position – Wave 3 of (A) Direction – Wave 3 of (A) is still in play Details – After breaking below 102, we have resorted to this outlook confirming wave X (circled) has finished at 143.5 […]
Illuvium set to launch its gaming ecosystem in July 25th

Illuvium set to launch its gaming ecosystem in July 25th

Key Takeaways Illuvium is launching a triple-title gaming ecosystem on July 25 with $100 million in funding. The ecosystem features blockchain-based asset ownership and a governance token called ILV. Web3 gaming studio Illuvium is set to launch its triple-title ecosystem this Thursday, July 25th. The ecosystem has three interconnected games tied to exploration, material harvesting, […]
Zcash (ZEC) Sees Surge In Trading Volume As Privacy Coins Gain Investor Attention

Zcash (ZEC) Sees Surge In Trading Volume As Privacy Coins Gain Investor Attention

The cryptocurrency market is brimming with optimism as traders anticipate significant surges to new all-time highs. Despite a relatively flat performance for most digital tokens over the past 24 hours, privacy coins have experienced a notable spike in trading activity. According to CoinMarketCap, the 24-hour trading volume for privacy cryptocurrencies surged by nearly 115%, reaching $1.4 […]
FTSE Reverses Lower As Copper’s Decline Weights On The Miners

FTSE Reverses Lower As Copper’s Decline Weights On The Miners

Image Source: Pixabay  On Tuesday, London’s FTSE 100 saw a decrease as copper miners had a significant impact on the market due to lower copper prices. However, positive updates from companies helped to limit the overall decline. The blue-chip FTSE 100 index was down by 0.74% following its strongest session in over a week on Monday, […]
Comcast Posts Mixed Results, Weighed Down By Film Studio, Theme Parks

Comcast Posts Mixed Results, Weighed Down By Film Studio, Theme Parks

Image Source: Pixabay  CNBC’s Joe Kernen reports on the company’s quarterly earnings results.Video Length: 00:03:28More By This Author:Major Global Cyber Outage Hits Airlines, Banks And Media Outlets, Impacting Millions Citigroup Tops Expectations For Profit And Revenue On Strong Wall Street Results Dell Shares Slide In Extended Trading Despite Beating On Revenue And Earnings
Sensex Today Ends 73 Points Lower; FMCG Stocks Shine

Sensex Today Ends 73 Points Lower; FMCG Stocks Shine

After opening the day lower, benchmark indices remained muted as the session progressed and ended the day lower.On Tuesday, Indian shares experienced fluctuating movements, alternating between minor gains and losses, coinciding with the presentation of the union budget.Consumer stocks led the benchmarks higher following the government’s announcement of financial assistance for the sector, helping to […]
US Q2 GDP Growth Set For Modest Pickup In Thursday’s Report

US Q2 GDP Growth Set For Modest Pickup In Thursday’s Report

US economic activity is on track to post a modestly firmer growth rate for the second quarter GDP report scheduled for release on Thursday, July 25. The estimate is based on the median estimate for a set of projections compiled by CapitalSpectator.com.Today’s revised median nowcast indicates output rising 1.9% in Q2, up from Q1’s sluggish 1.4% […]