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How would reducing the Neom Project's scope impact the Saudi 2030 vision?
How would reducing the Neom Project's scope impact the Saudi 2030 vision?
Apr 9, 2024
The Saudi government recently announced plans to reduce the scope of the giant city Neom, after the Public Investment Funds cash reserves fell to $15 billion in September 2023. According to a Bloomberg report, Saudi Arabia is reducing the scope of the giant city, which was supposed to cost $1.5 trillion, and to be 33 times bigger than New York....
FOMC Minutes: Strategies to Trade USD FX Pairs and Gold
FOMC Minutes: Strategies to Trade USD FX Pairs and Gold
Apr 9, 2024
Most Read: The Federal Reserve Bank: A Forex Trader’s Guide The Federal Open Market Committee (FOMC) minutes, released a few weeks after each policy meeting, offer traders valuable insights into the U.S. central bank’s thinking. These minutes can have a significant impact on the U.S. dollar and gold prices. Here's a strategy guide on how to leverage these insights for...
US Inflation Preview: US Dollar & Stocks on Edge. How to Trade this Risk Event?
US Inflation Preview: US Dollar & Stocks on Edge. How to Trade this Risk Event?
Apr 10, 2024
Most Read: Gold Price Outlook - Drivers Behind Market Boom, Reversal or New Record Ahead? With inflation in the U.S. economy struggling to downshift this year, all eyes will be on the U.S. Bureau of Labor Statistics' release of March CPI numbers on Wednesday. This report holds the potential to cause significant volatility across assets, so traders should prepare for...
Dollar hovers near three-week trough ahead of US inflation data
Dollar hovers near three-week trough ahead of US inflation data
Apr 10, 2024
The dollar fell in European trade on Wednesday against a basket of major rivals, extending losses for the third straight session and almost touching three-week lows as US 10-year treasury yields slowed down. The decline comes ahead of the crucial US inflation data for March and the release of the Federal Reserves last meetings minutes, which could provide clues on...
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US STOCKS-Futures edge higher after Wall Street scales record peak
US STOCKS-Futures edge higher after Wall Street scales record peak
Mar 22, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Tesla slips on report co trims car production in China * FedEx ( FDX ) jumps on Q3 profit beat * Nike ( NKE ) falls after revenue forecast disappoints * Futures up: Dow 0.10%, S&P 0.11%, Nasdaq 0.07%...
US Stock Futures Flat Ahead of Powell Speech After Reaching Record Highs on Thursday
US Stock Futures Flat Ahead of Powell Speech After Reaching Record Highs on Thursday
Mar 22, 2024
08:24 AM EDT, 03/22/2024 (MT Newswires) -- US stock futures were flat in Friday's premarket session after equity indexes closed at record highs on Thursday, as investors awaited Federal Reserve Chairman Jerome Powell's speech, scheduled for 9:00 am ET. Powell will deliver the opening remarks at a Fed Listens event in Washington on the topic of transitioning to a post-pandemic...
US STOCKS-Futures tick up after Wall Street hits record highs
US STOCKS-Futures tick up after Wall Street hits record highs
Mar 22, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.04%, S&P 0.11%, Nasdaq 0.18% March 22 (Reuters) - U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing...
Dell, TJX And 2 Other Stocks Insiders Are Selling
Dell, TJX And 2 Other Stocks Insiders Are Selling
Mar 22, 2024
The Nasdaq 100 closed higher by around 80 points on Thursday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an...
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Elliptic Links Huione Guarantee to Global Money Laundering and Cyber Scam
Elliptic Links Huione Guarantee to Global Money Laundering and Cyber Scam
Jul 10, 2024
Blockchain sleuth Elliptic has uncovered that online marketplace Huione Guarantee, which is being widely used by scam operators in Southeast Asia, has engaged in transactions totaling at least $11 billion. A significant chunk of this is linked to money laundering and cyber scams. Investigation on Huione Guarantee According to a new investigation from the Elliptic research team, Huione Guarantee is...
Bitcoin Price Analysis: BTC Not Quite Ready to Challenge $60K, Watch This Level First
Bitcoin Price Analysis: BTC Not Quite Ready to Challenge $60K, Watch This Level First
Jul 10, 2024
Following weeks of a downtrend, Bitcoin’s price has seemingly found a bottom. Yet, if the price recovers, one key level should still be reclaimed. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been supported by the $56K support level after breaking below the 200-day moving average, located around the $58K mark. Yet, the market...
Illinois Court Confirms That Bitcoin And Ethereum Are Both Commodities: CFTC Chair
Illinois Court Confirms That Bitcoin And Ethereum Are Both Commodities: CFTC Chair
Jul 10, 2024
Rostin Benham – Chairman of the Commodities and Futures Trading Commission (CFTC) – says that an Illinois court has formally ruled both Bitcoin (BTC) and Ethereum (ETH) to be commodities, all but settling the CFTC’s crypto turf war with its sister agency. “In its decision, the court re-affirmed that both Bitcoin and Ether are commodities under the Commodity Exchange Act,”...
Bitcoin (BTC) Price Prediction for the end of 2024 by Anthony Scaramucci
Bitcoin (BTC) Price Prediction for the end of 2024 by Anthony Scaramucci
Jul 10, 2024
TL;DR Bitcoins price dip, influenced by factors like Mt. Gox repayments, is seen as temporary, with predictions of a rally to $100,000 due to strong fundamentals. The BTC Fear and Greed Index entering fear territory suggests a potential buying opportunity and possible price rebound. What Can Fuel a BTC Price Rally? The past 30 days have been rather disappointing for...
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