In today’s digital age, information is abundant, especially when it comes to finance. Numerous websites offer news, analysis, and various forms of advice on investments, market trends, and products. However, it is crucial to recognize that not all financial content is created equally. Often, these websites blend personal opinions with information from third parties, intended
Dutch challenger bank Bunq is making waves in the financial technology industry with its ambitious plans to increase its global headcount by 70% this year. The bank, which currently operates in various markets across the European Union, is looking to expand into new regions such as the U.K. and the United States. This move is
When analyzing the current state of the New Zealand Dollar (NZD), experts from UOB have suggested that the currency could potentially test the 0.6115 level. This projection is based on the condition that the NZD remains below 0.6185. However, it is important to note that a significant break below the 0.6115 level is not anticipated
The EUR/USD pair is currently holding steady above the 1.1000 mark as traders eagerly await the European Central Bank (ECB) policy decision. Despite reduced bets for a more aggressive Federal Reserve easing, the USD remains strong and is capping gains for the major currency pair. Traders are displaying reluctance ahead of the key central bank
Asian shares bounced on Thursday, tracking a tech-driven rally on Wall Street. The dollar also held onto gains after U.S. core inflation surprised slightly on the upside, dashing hopes of a large rate cut by the Federal Reserve next week. The data showed that the core consumer price index rose 0.28% in August, higher than
Warren Buffett’s Berkshire Hathaway has been on a selling spree, offloading a significant portion of its Bank of America shares. The conglomerate has sold more than $7 billion worth of BofA shares since mid-July, reducing its stake to 11%. In a recent regulatory filing, it was revealed that Berkshire sold 5.8 million BofA shares in
Gold prices have been consolidating below the $2,530 resistance level against the US Dollar. There is a key contracting triangle forming with support at $2,495 on the 4-hour chart. Despite staying above the $2,480 zone, the price has struggled to make significant gains. The recent upward move above $2,500 was met with resistance at the
Following the closely watched debate between Republican Donald Trump and Democratic Vice President Kamala Harris, Wall Street remained on edge as investors sought clarity on key policy issues. The combative debate covered topics ranging from the economy to immigration and legal woes, but left investors with few new details on issues that could impact markets.
The EUR/JPY pair has been on a downtrend for the second consecutive day, hitting a one-month low. This decline can be attributed to a softer risk tone in the market, along with increased bets for a rate hike by the Bank of Japan (BoJ), which has bolstered the Japanese Yen (JPY) and exerted downward pressure
Gold prices experienced a 0.30% increase on Tuesday, driven by a combination of factors including a decline in US Treasury yields and a weakening US dollar. Traders are closely watching for the release of important US inflation data, as well as the upcoming presidential debate between Kamala Harris and Donald Trump, which could have a
China, known for having one of the lowest retirement ages in the world, is now facing a critical assessment of its retirement age policy. The National People Congress members recently discussed a plan to delay the retirement age at the 11th meeting of China’s Standing Committee meeting in Beijing. This move comes as a response
The recent US Jobs Report has sparked discussions on how the US Aug payrolls and CPI Report could affect near-term AUD/USD trends. Shane Oliver noted that weaker-than-expected US inflation figures might overshadow softer Australian consumer inflation expectations, potentially pushing the AUD/USD pair towards $0.67. However, the key to understanding future movements lies in closely monitoring