When it comes to making financial decisions, due diligence is crucial. It involves conducting thorough research, checking facts, analyzing information, and consulting with experts before making any investment or purchasing decision. Without due diligence, individuals may be at risk of making uninformed choices that could result in financial loss. One of the key aspects of
App
Recently, Reserve Bank of Australia (RBA) Governor Michele Bullock addressed the media following the central bank’s August monetary policy decision. The board decided to maintain the key interest rate at 4.35%, marking the sixth consecutive meeting without a change. Bullock emphasized the board’s belief that the current cash rate level is appropriate but expressed concerns
Carry trades have long been a popular strategy in the foreign exchange market. They involve borrowing in a low-interest-rate environment to invest in a higher-interest-rate environment. One common example of a carry trade involves the USD/JPY pair, where investors go long on the US dollar and short on the Japanese Yen. The appeal of carry
The Australian Dollar has found some relief after the release of mixed Australian Producer Price Index (PPI) figures. The Q2 PPI showed an increase of 4.8% year-over-year, marking a significant jump from Q1’s 4.3%. This uptick has placed pressure on the Reserve Bank of Australia (RBA) to potentially adjust its monetary policy in response. Traders
The cryptocurrency market experienced a 0.75% loss in the past 24 hours, bringing the total market capitalization to $2.29 trillion. This decline comes after a period of optimism in equities, with synchronized selling dominating the market sentiment. The current sentiment index rests at 57, indicating greed among investors. This shift from fear to greed could
Warren Buffett’s Berkshire Hathaway has been actively reducing its holdings in Bank of America, shedding a total of 19.2 million BofA shares over the course of three days. This selling spree, totaling almost $779 million, has been ongoing for the past 12 consecutive days, resulting in total sales exceeding $3.8 billion. As a result of
PortfolioPilot, an automated financial advisor, has managed to amass a staggering $20 billion in assets within just two years of its launch. This rapid rise symbolizes the potential impact of artificial intelligence on the wealth management sector. The co-founder of Global Predictions, Alexander Harmsen, revealed that PortfolioPilot has attracted over 22,000 users since its inception.
Singapore’s stock market has been facing challenges such as thin trading volumes and more delistings than listings, leading to a lackluster reputation in the eyes of investors. The turnover velocity at the SGX has been considerably lower compared to other major exchanges like Hong Kong and Japan, indicating a lack of market liquidity. To address
As major share indices plunged deep into the red in Asia on Monday, it became increasingly evident that fears of a potential recession in the United States were triggering mass risk aversion among investors. This resulted in significant sell-offs and a sharp decline in market confidence. The prevailing sentiment indicated that interest rates would have
Following the disappointing July jobs report, the US Dollar (USD) has been under immense pressure. The DXY index, which measures the strength of the USD, experienced a significant decline after the release of the report, dropping to levels not seen since March. The weak data from the US Bureau of Labor Statistics (BLS) report highlighted
As global markets gear up for another potentially turbulent week, investors are grappling with concerns about overpriced stocks and the implications of central banks cutting interest rates. While expectations of rate cuts have driven rallies in stocks, cryptocurrencies, and bonds, the fear of assets being “priced to perfection” looms large. The recent solid earnings season
The recent Summary of Opinions released by the Bank of Japan on Japan Household Spending revealed some interesting insights into the monetary policy decision and the interest rate trajectory. According to Alicia Garcia Herrero, the BoJ’s meeting was received positively by investors, especially due to the unexpected interest rate hike. However, there is a cautious
- « Previous Page
- 1
- …
- 22
- 23
- 24
- 25
- 26
- …
- 47
- Next Page »