Nvidia’s (NVDA) recent spectacular share price rally continues, as the computer chip manufacturer has overtaken Microsoft (MSFT) to claim the title of the most valuable company on the planet. The rise happened on Tuesday, as the NVDA shares soared to create a new total market capitalisation of $3.34tn. It came following a day where a…
The Securities and Futures Commission of Hong Kong (SFC) has indicated that the Eastern Magistrates’ Court granted the transfer of three high-level ramp-and-dump cases to the District Court on Wednesday 19 June 2024. According to the financial watchdog, 18 defendants face charges under the Securities and Futures Ordinance. These vary from conspiracy to defraud to…
2024.06.20 2024.06.20 Pound may collapse against dovish BoE decision. Forecast as of 20.06.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Bank of England does not play political games and will not give a hand to the ruling party. At the same time, the repo rate cut to 5% from 5.25% is unlikely to save the Conservatives from defeat. Let’s…
Global markets displayed a mixed response to the latest US finance reports on Wednesday 19 June 2024. These yardsticks point to a sluggish, but not recessive, US economy. The Associated Press (AP) reported that the Dow Jones Industrial Average slipped by 0.1% compared to the S&P 500, which increased by 0.1%. US markets were closed…
Will the Fed Wait too Long to Ease? – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX;visibility:hidden”> Source link
Today, it was announced that the Swiss National Bank (SNB) decided to lower the interest rate to 1.25%. According to ForexFactory, the analyst consensus had expected the rate to remain at 1.50%, making this decision a surprise. According to SNB Chairman Thomas Jordan:→ Inflation in Switzerland is decreasing;→ In recent weeks, the Swiss franc has…
Investing.com – The U.S. dollar edged higher Thursday, while sterling slips lower ahead of the latest Bank of England’s policy-setting meeting. At 04:00 ET (09:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% higher at 105.122, edging towards last week’s one-month top of 105.80. Dollar pushes…
BTC Recession – How Low Can It Go We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Accept Cookies!Terms and Conditions Source link
“Well duh, a good backtesting results is when you make 1,000,000% return.” That’s what many new traders think and that’s why over 90% of traders fail. If you want to become a successful trader, you’re going to have to learn how properly evaluate a trading strategy and adjust your perception of what is a good…
The well-known (but anonymous) analyst known as PlanB predicted that Bitcoin’s price will reach $150,000 by the end of this year and $800,000 by 2025. How realistic is this? Analyzing the long-term BTC/USD chart on May 16, we built a “roadmap” for Bitcoin’s price, which appeared as an expanding fan consisting of a median line,…