Category: Markets

Binance has facilitated $8 billion in crypto trades from Iranian users since 2018

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Binance has processed $8 billion worth of crypto transactions for Iranians since 2018 despite US sanctions. $7.8 billion of these funds moved between Binance and the largest exchange in Iran, Nobitex. Binance has… Continue reading Binance has facilitated $8 billion in crypto trades from Iranian users since 2018

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Global stocks rise as employment data in the US surpassed expectations

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Global shares closed higher on Friday as the US dollar plunged. The positive performance of the stock markets comes amid the release of solid job data, raising hopes that the US Federal Reserve… Continue reading Global stocks rise as employment data in the US surpassed expectations

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Japan threatens to halt investments amid EV tax credits

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The government of Japan has threatened to halt investments in the United States. The government has attributed this decision to the new electric vehicle tax credits in the US that disadvantages Japanese car… Continue reading Japan threatens to halt investments amid EV tax credits

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Philippine Central Bank Wants To Take Further Actions To Control Surging Inflation

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Philippine central bank has announced plans to tackle inflation using all the monetary policy actions required. This comes after data showed that the inflation rate has hit its fastest pace in almost… Continue reading Philippine Central Bank Wants To Take Further Actions To Control Surging Inflation

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Stocks Rise In The Volatile Trade, But The Dollar Performs Lower Than Expectations

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Stocks rose on Friday following data indicating that the U.S. economy is creating more jobs despite the increasing level of inflation. However, the data also showed that the level of job creation has… Continue reading Stocks Rise In The Volatile Trade, But The Dollar Performs Lower Than Expectations

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Wall Street Continues Its Downward Trajectory For The Fourth Straight Day

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. U.S. stocks continued their downward trajectory for the fourth consecutive day on Thursday after concerns about a further rate hike by the Federal Reserve. The expectations from investors were dashed after Fed Chair… Continue reading Wall Street Continues Its Downward Trajectory For The Fourth Straight Day

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More Shareholders On BlackRock Now Have More Voting Rights

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. BlackRock has announced the expansion of the number of clients that are eligible to have voting rights at the firm’s annual meetings. The world’s largest asset manager said it will be expanding the… Continue reading More Shareholders On BlackRock Now Have More Voting Rights

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Reactions From The Market Trail Jerome Powel’s Comments On Rates

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The U.S. Federal Reserve shifted its outlook on its tightening policy from a sharp tightening policy to a longer and more relaxed outlook. The market reacted to the news as bond yields and… Continue reading Reactions From The Market Trail Jerome Powel’s Comments On Rates

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New Englanders Brace Up For A Harsh Winter That Comes With High Energy Cost

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The U.S Northeast will be facing its highest energy costs in over a decade because of the heavy global competition for liquefied natural gas (LNG) cargoes. The galloping price of gas has caused… Continue reading New Englanders Brace Up For A Harsh Winter That Comes With High Energy Cost

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Biden Unveils $13.5 Billion Package To Ease Household Energy Costs

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. President Joe Biden’s administration will release $13.5 billion to enable low-income earners battling with skyrocketing energy bills. The White House announced the package earlier on Wednesday. The U.S. Department of Health and Human… Continue reading Biden Unveils $13.5 Billion Package To Ease Household Energy Costs

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