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Gold Price Update: Israeli Attack Lifts Safe Haven Appeal, Weighs on Risk Assets
Gold Price Update: Israeli Attack Lifts Safe Haven Appeal, Weighs on Risk Assets
Apr 19, 2024
Gold (XAU/USD) Analysis Gold spiked higher, falling narrowly short of the all-time highFX markets captured the flight to safety while US equity markets were shutGold volatility index eyed ahead of the weekendGet your hands on the Gold Q2 outlook today for exclusive insights into key market catalysts that should be on every trader's radar: Recommended by Richard Snow Get Your...
Trading the Giants: Strategies for the S&P 500, Nasdaq 100, FTSE 100, and DAX 40
Trading the Giants: Strategies for the S&P 500, Nasdaq 100, FTSE 100, and DAX 40
Apr 18, 2024
Stock market indices form the backbone of global investing, providing a way to track the performance of entire economies or sectors. Among the most heavily traded indices are the SP 500 (US), Nasdaq 100 (US tech), FTSE 100 (UK), and DAX 40 (Germany). While their compositions differ, they offer exciting opportunities for traders of all levels. Understanding the Indices: A...
Dow retreat slows and S&P 500 holds above 5000, while Hang Seng rallies sharply
Dow retreat slows and S&P 500 holds above 5000, while Hang Seng rallies sharply
Apr 18, 2024
Dow Jones, SP 500, Hang Seng Analysis and Charts ​​​Dow losses halted for now ​The run of losses for the index appears to have slowed, with the price holding above the lows seen on Monday around 37,600.​ In the short term, a close above 38,000 and then above the 100-day simple moving average (SMA), currently 38,107, could suggest that a...
USDZAR Price Forecast: Rand Remains Steady after Local CPI Inflation
USDZAR Price Forecast: Rand Remains Steady after Local CPI Inflation
Apr 18, 2024
USD/ZAR Key Takeaways: 1. Moderate Decrease in Inflation: In March 2024, consumer price inflation for urban areas saw a slight decrease to 5.3% from 5.6% in February. 2. Key Drivers of Inflation: The annual inflation rate was significantly influenced by increases in housing and utilities, miscellaneous goods and services, food and non-alcoholic beverages, and transport costs. 3. Shift in Goods...
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Top Wall Street Forecasters Revamp Progress Software Expectations Ahead Of Q2 Earnings
Top Wall Street Forecasters Revamp Progress Software Expectations Ahead Of Q2 Earnings
Jun 24, 2024
Progress Software Corporation ( PRGS ) is scheduled to release its second quarter financial results, after the closing bell on Tuesday. Analysts expect the Burlington, Massachusetts-based company to report quarterly earnings at 95 per share, down from $1.06 per share in the year-ago period. Progress Software ( PRGS ) is expected to post revenue of $168.42 million, according to data...
Explainer-What next for Telecom Italia after network sale to KKR?
Explainer-What next for Telecom Italia after network sale to KKR?
Jun 24, 2024
MILAN (Reuters) - Telecom Italia (TIM) will finalise on July 1 the landmark sale of its fixed-line domestic access network to U.S. fund KKR, a deal that makes it the first phone incumbent in a major European country to part ways with its landline grid. WHAT IS TIM SELLING? TIM's fibre and copper landline network covers nearly 89% of the...
5 Analysts Have This To Say About Thoughtworks Holding
5 Analysts Have This To Say About Thoughtworks Holding
Jun 24, 2024
Thoughtworks Holding ( TWKS ) has been analyzed by 5 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 2...
Telecom Italia to finalise network sale to KKR on July 1
Telecom Italia to finalise network sale to KKR on July 1
Jun 24, 2024
MILAN, June 24 (Reuters) - Telecom Italia (TIM) will finalise the landmark sale of its domestic fixed line access network to KKR on July 1, the Italian company said on Monday. The deal is worth up to 22 billion euros ($23.6 billion) and is aimed at slashing TIM's debt pile and revamping the ailing former phone monopoly. TIM also said...
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ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
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Crypto Advocate French Hill Picked to Lead House Financial Services Committee in 2025
Crypto Advocate French Hill Picked to Lead House Financial Services Committee in 2025
Dec 13, 2024
Congressman French Hill has been appointed as the next chair of the House Financial Services Committee. He will succeed North Carolina’s Patrick McHenry, who is retiring after a 20-year stint in Congress, including multiple terms leading Republicans on the board. Hill’s Vision The Arkansas Republican announced the news on December 13 via X: “I am humbled that my colleagues have...
Reveals Spanish Bank Allocates 2% to Aptos Staking ETP: Bitwise
Reveals Spanish Bank Allocates 2% to Aptos Staking ETP: Bitwise
Dec 13, 2024
Hunter Horsley, CEO of Bitwise, announced that a Spanish bank has allocated 2% of its holdings to the Bitwise Aptos staking ETP. In a tweet, Horsley stated that the adoption of cryptocurrencies is accelerating as traditional financial institutions integrate more crypto-savvy investors. He noted that the investment, made through one of the banks funds, marks a significant step toward mainstream...
This Altcoin Exploded by 300% After Changpeng Zhao (CZ) Tweeted About It
This Altcoin Exploded by 300% After Changpeng Zhao (CZ) Tweeted About It
Dec 13, 2024
A recent endorsement by former Binance CEO Changpeng Zhao (CZ) of the blockchain-driven travel platform Travala has skyrocketed its AVA token by more than 300% in the last 24 hours. The surge also follows a series of announcements, including new market listings and milestone achievements for the company. CZ’s Influence On December 11, Travala reported that its annual revenues had...
Bitcoin Battles for $100K, Christmas Rally Incoming? (Your Weekly Crypto Recap)
Bitcoin Battles for $100K, Christmas Rally Incoming? (Your Weekly Crypto Recap)
Dec 13, 2024
It hasnt been a particularly fun week in the cryptocurrency industry as the majority of the market is trading in the red. The losses are mostly tolerable, although some altcoins definitely feel the pressure. But lets start with Bitcoin, as always. The primary cryptocurrency saw a week full of volatility. During the weekend, it increased above $101,000 but as soon...
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