In today’s fast-paced and ever-changing financial landscape, it is more important than ever to conduct thorough due diligence before making any investment decisions. Whether you are considering investing in cryptocurrencies, contracts for difference (CFDs), or any other financial instruments, understanding the risks involved is crucial. These complex instruments come with a high risk of losing
admin
The Federal Open Market Committee (FOMC) meeting in May is highly anticipated, with expectations of no change in the Fed funds target range. The Fed is likely to maintain the target range at 5.25%-5.50%, given persistent inflation above the 2.0% target. Despite the hot PCE inflation data, coupled with strong employment growth, the Fed has
Bill Gates, the tech billionaire turned philanthropist, has issued a warning regarding the fight against polio. Despite the efforts and billions of dollars poured into the cause, success is not guaranteed. While celebrating a $500 million pledge from Saudi Arabia towards combating polio over the next five years, Gates highlighted that there is still a
Thailand recently appointed former energy executive, Pichai Chunhavajira, as the country’s new finance minister, tasked with the challenging job of revitalizing Southeast Asia’s second-largest economy. The 75-year-old, who previously served as an adviser to Prime Minister Srettha Thavisin, now steps into the role of finance minister and deputy prime minister, as announced by the official
The Bank of Japan monetary policy meeting minutes for the March meeting are set to be released on Thursday, May 2. While the minutes are dated, they could provide insight into the requirements for raising interest rates in the future. With the USD/JPY hovering around the 158 level, investors will closely monitor any comments from
Russia’s senior security official, Dmitry Medvedev, has made it clear that if the U.S. proceeds with confiscating its frozen currency reserves in the West, Russia will retaliate by seizing the assets of U.S. citizens and investors within its borders. This tit-for-tat escalation comes in response to a bill passed by the U.S. House of Representatives
According to a report from the Centre for Macroeconomic Analysis and Short-Term Forecasting, Russia is facing a stagnation in its industrial production and investments. This stagnation is coupled with a deterioration in exports, declining profitability in most industries, and a shortage of imported components and raw materials. The transition to stagnation is already visible in
BHP Group’s initial proposal of $39 billion to acquire Anglo American was met with rejection by the London-listed miner. Anglo American deemed the offer as significantly undervaluing the miner and its future prospects. This rejection has prompted BHP to consider making an improved offer in the coming weeks. According to a source familiar with the
In the fast-paced world of technology, staying ahead of the curve is essential for investors looking to make significant gains. According to Brett Winton, chief futurist at ARK Invest, there are five key areas that should be on every tech investor’s radar. These areas include robotics, artificial intelligence, multi-omics sequencing, public blockchain, and energy storage.
China’s industrial profits posted smaller gains in the first quarter compared to the first two months, according to official data released by the National Bureau of Statistics (NBS). The data showed a 4.3% increase in profits in the first quarter from a year earlier, which was slower than the 10.2% rise in the first two
The upcoming U.S. Federal Reserve meeting is expected to shed light on the central bank’s stance towards interest rate cuts in 2024. Market participants will be closely watching Fed Chair Jerome Powell’s comments regarding potential policy easing later in the year. The Fed’s previous projection of three rate cuts seems uncertain now due to stronger-than-expected
The recent rally in megacap growth stocks such as Alphabet and Microsoft has had a significant impact on the overall performance of the stock market. Following robust quarterly results from these technology heavyweights, investors have been buoyed by the positive news. Alphabet’s announcement of its first-ever dividend, coupled with a $70 billion stock buyback program,