Crypto Explained: A Comprehensive Overview of Cryptocurrency
Crypto Explained: A Comprehensive Overview of Cryptocurrency Cryptocurrency is a form of digital currency that uses cryptography for security and is decentralized, meaning it is not controlled by any one entity. It is a relatively new concept and has been gaining traction in recent years. This article will provide a comprehensive overview of cryptocurrency, including […]
BI tightening cycle over? – UOB
The Bank Indonesia (BI) kept its benchmark policy rate (7-Day Reverse Repo) unchanged at 5.75% in its February Monetary Policy Committee (MPC) meeting, which was in line with consensus expectation. Economist Enrico Tanuwidjaja of the UOB Group assesses the decision and its implications. BI remains of the view that inflation expectations are anchored while seeing […]
Vince McMahon’s asking price for WWE is $9 billion, report says
Vince McMahon has reportedly set an asking price of up to $9 billion for World Wrestling Entertainment Inc. (WWE), the media company he ran for decades and returned to this year in order to sell it. According to a Bloomberg report, citing people familiar with the matter, the company has received some offers, with Endeavor […]
The Top Forex Trading Tools to Help You Reach Your Goals
Introduction Forex trading, also known as foreign exchange trading, is one of the most popular forms of trading in the world. It involves the buying and selling of different currencies in order to make a profit. Forex trading can be a great way to make money, but it can also be risky. To help you […]
Making the Most of Your Stock Market Investment with the Right Platform
Making the Most of Your Stock Market Investment with the Right Platform Investing in the stock market can be a great way to grow your wealth, but it can also be intimidating if you don’t know what you’re doing. With the right platform, however, you can make the most of your stock market investments and […]
FTX’s Former Chief Engineer Preparing to Enter a Guilty Plea For Fraud
The saga of Sam Bankman-Fried (SBF) and his collapsed crypto empire FTX continues to unfold, with the latest development being that Nishad Singh, FTX’s former chief engineer, is preparing to enter a guilty plea to fraud charges. This could further weaken SBF’s defense, as Singh would be the latest in a string of close associates […]
Cryptocurrency Basics: What You Should Know Before Investing
Introduction Cryptocurrency is a digital or virtual currency that uses cryptography for security. It is not issued by any central authority, rendering it theoretically immune to government interference or manipulation. The decentralized nature of cryptocurrency makes it a popular choice for those looking for an alternative to traditional forms of currency. Cryptocurrency is still a […]
Dow ends higher Friday, but S&P 500 posts back-to-back weekly losses as rates worries rev back up
On Friday, U.S. stocks closed mostly lower, with the S&P 500 and Dow both ending the week with losses due to rising concerns about the Federal Reserve’s rate hikes to combat stubbornly high inflation. The Dow Jones Industrial Average (DJIA) rose by approximately 130 points, or 0.4%, closing near 33,826, while posting a 0.1% weekly […]
Seeing some progress on inflation with demand normalizing
Richmond Federal Reserve President Thomas Barkin said on Friday that they are seeing some progress on inflation with demand normalizing, as reported by Reuters. The US labor market is still “quite hot”, according to Barkin, and the labor demand continues to run ahead of labor supply, causing businesses to remain reluctant to shed employees. “It […]
The Pros and Cons of Different Forex Trading Platforms
Introduction Forex trading is one of the most popular forms of investment and trading. It is a global market that involves the buying and selling of different currencies. As such, it is important for traders to be able to access the right platforms to ensure they can make the most of their trading. Different platforms […]