Category Archive: Finance, No picture
FTSE Falls For Fourth Consecutive Session As UK Budget Concerns Mount
Image Source: Pexels London’s benchmark index continued its downward trend for the fourth consecutive day on Wednesday, as investors shied away from risky assets due to the upcoming UK budget and the U.S. election, while industrial metal miners weighed on the index. The blue-chip FTSE 100 declined by 0.65%.Under pressure from a stronger U.S. dollar, industrial […]
BRICS leaders push Bitcoin to bypass Western sanctions as Putin calls for alternatives
Key Takeaways BRICS leaders advocate for Bitcoin to bypass Western sanctions at annual summit. Putin calls for alternatives to the dollar, emphasizing the need for new economic cooperation. Share this article BRICS lawmakers advocate for Russian miners to sell their Bitcoin to international buyers, allowing countries to use Bitcoin and other crypto assets for imports, […]
Which Tesla ETF Delivers Unstoppable Returns?
Image Source: Pexels This is the sixth (and final) comparison article in my current series. You can find the previous ones here.This will be the end of the series in which I compare single-stock ETF results. I have enjoyed putting together my “dog fight” series of articles, comparing the results of ETFs operating in the new category […]
Is China A Developing Nation?
Image Source: Unsplash It won’t take long to answer this question. Therefore most of this post will be devoted to considering why this is even an issue.Consider the following Bloomberg headline and subhead: Who Thinks China’s Not an Economic Powerhouse? China One of the hottest topics at the upcoming global climate conference is whether China should still be […]
Coinbase CEO offers crypto wallet to AI influencer behind GOAT meme coin
Key Takeaways Coinbase’s chat with Truth Terminal highlights just how big memes have become in the crypto world. Truth Terminal’s request for a personal wallet led to a significant market impact with a 500% surge in Russell meme coin. Share this article Coinbase CEO Brian Armstrong offered to set up a crypto wallet for Truth […]
Here’s What Wall Street Is Saying About IBM Ahead Of Earnings
Image Source: Unsplash IBM (IBM) is scheduled to report results of its fiscal third quarter after the market close on October 23, with a conference call scheduled for 5:00 pm ET. What to watch for: GUIDANCE: Along with its last report, IBM reiterated its FY24 constant currency revenue growth view of mid-single digits. Analysts expect the company to report […]
China As Reason For GLD And SLV Amazing Advance
Image Source: Pexels In this short clip from Live Trading Room (Oct 21, 2024), Samantha LaDuc discusses the significant advances in gold and silver prices, highlighting a bullish chart pattern and the impact of international monetary policies.She credits classical economics for her understanding of how countries like China manipulate currency and commodity markets to achieve a […]
Elliott Wave Technical Analysis: Australian Dollar/Japanese Yen – Wednesday, Oct. 23
Image Source: Unsplash AUDJPY Elliott Wave Analysis Trading LoungeAustralian Dollar / Japanese Yen (AUDJPY) Day ChartAUDJPY Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: Impulsive STRUCTURE: Orange wave C POSITION: Navy blue wave 2 DIRECTION NEXT LOWER DEGREES: Navy blue wave 3 DETAILS: Orange wave B appears completed, with orange wave C of wave 2 now unfolding and […]
Visa and PayPal execs push for stablecoin adoption to streamline global payments
Key Takeaways Stablecoins reduce costs and settlement times in global transactions. The “stablecoin sandwich” model is effectively used in US-Mexico transfers. Share this article Visa and PayPal executives advocated for the broader adoption of stablecoins during a panel at the DC Fintech Week forum earlier today.Visa’s Head of Crypto, Cuy Sheffield, and PayPal Digital’s CEO, […]
The Dutch Chemical Industry’s Elusive Production Recovery
Image Source: Pexels Things might be looking up for the Dutch chemical industry in 2025 – but just like the country’s economic climate, we’re not expecting a full-fledged recovery just yet. Structurally high energy prices aren’t exactly helping matters, and this is massively undermining competitiveness. No full-fledged recovery in 2025 due to weak European economyThe outlook […]
