Speculation? WSB beat hedge funds in GME battle
04-02-2021 10:47
Market News
Monetary Policy ECB Shakes Currency Markets
The European Central Bank (ECB) Shook Currency Markets Announcing Monetary Policy on Thursday
Euro rate turned higher against USD
Monetary Policy Announcement
In yesterday's monetary policy announcement, the ECB still maintained its benchmark interest rate at 0%, lending facility at 0.25%, and deposit facility at -0.5%.
In fact, inflation in the eurozone reached a record high of 5.1% year-on-year (YoY) in January, and is expected to be even higher before finally declining.
"Inflation is
04-02-2022 09:04
Revenue Not Matching Expectations, Facebook Shares Drop 20%
Facebook shares fell more than 20%
the company reported disappointing earnings signaling that user growth has stagnated
Facebook Summary Report
- Earnings per share: $3.67 vs $3.84 expected, according to Refinitiv. analyst survey
- Revenue: $33.67 billion vs $33.4 billion expected, according to Refinitiv
Facebook also missed estimates with user numbers.
- Daily Active Users (DAU): 1.93 billion vs. 1.95 billion expected by analysts, according to StreetAccount
- Monthly Active
03-02-2022 08:30
Soros Warns Xi Jinping, Will He Resign?
World veteran investor George Soros gave a stern warning to Chinese President Xi Jinping
He said that currently Xi's position was being threatened due to the COVID-19 pandemic and the property crisis
China is facing an economic crisis
In a recent interview with the Hoover Institution, Soros said that the Omicron variant of COVID-19 "threatened the downfall of Xi Jinping." The reason is that the virus is no longer under control in China.
"The Chinese vaccine was designed to deal with the
03-02-2022 07:15
China Finds NeoCov, More Deadly Than Delta?
Yet Another New Variant of the Coronavirus has been Discovered
The new variant is named NeoCoV and was first discovered from a research report designed by Chinese scientists
NeoCoV has become a new threat, how deadly is this compared to another variant?
The reason is that the world is still affected by the Covid19 pandemic where the virus continues to grow. Recently, there has been the more contagious Omicron variant, as well as the deadlier Delta variant.
The report states that NeoCoV is
31-01-2022 09:38
Watch out for WWIII, Russia Weapons Put Europe in Danger
The conflict between Russia and Ukraine brought a "commotion" to the world
Not only the two countries, the conflict also dragged the United States (US) and NATO
Russia is believed by the West to attack Ukraine
The issues are complex and range from tensions between Ukraine and pro-Russian militias in the east, Kiev's proximity to the west, antipathy from the Kremlin to the possible establishment of a NATO base in Eastern Europe.
Countries outside the conflict have also commented on the
28-01-2022 08:50
Gold Prices Drop after Hawkish FOMC Meeting
Gold Prices Fell Early Thursday in Asia, Extending after Falling the Most in Two Months
Investors continued to take a more hawkish-than-expected stance by the US Federal Reserve
Gold continues its short term downtrend
The yellow metal fell 1.5% during the previous session after the Fed announced its latest policy decision. Speaking earlier, Fed Chair Jerome Powell did not increase interest rates at every meeting in a bid to rein in high inflation rates.
The decline brings down gold's 2022
27-01-2022 10:13
US Dollar Drops, Ukraine Tenses, and Fed Policy Concerns Continue
The US Dollar Moved Lower on Wednesday
Investors remain concerned about the potential for armed conflict in Ukraine and monetary policy tightening
Not only US Dollar but also Euro
The US dollar moved lower on Wednesday (26/01) morning in Asia and the euro was nearing its weakest level in a month against the safe-haven dollar and the Japanese yen. Investors remain concerned about the potential for armed conflict in Ukraine, and faster-than-expected US policy decisions, namely, monetary policy
26-01-2022 08:53
North Korea Fires Missiles Again, 5 Times a Month in Total
North Korea fired Two Cruise Missiles Again
US and South Korean Intelligence Services are currently analyzing the launch
Kim Jong Un's 5th Domestic Test
North Korea (North Korea) fired two cruise missiles again, Tuesday (25/1/2022) morning local time. This is Kim Jong Un's fifth domestic test this month.
"North Korea fired two suspected cruise missiles," South Korea's Joint Chiefs of Staff (JCS) said in a statement, without providing further details.
"US and South Korean intelligence
25-01-2022 10:05
Dollar Opens Bullish as Traders Wait for Fed Policy Decision
The US Dollar Was Up on Monday Open, with the U.S. Fed Decision Due Later in the Week.
Interest Rates and Asset Tapering are Key
Traders are waiting for Fed and Bank of Canada policy decision
The Fed will release its policy decision on Wednesday, with some traders speculating that is quite possible that the central bank will hike interest rates for the first time since early 2020
FOMC meeting usually changes the statement slightly at each release. Investors need to focus on these changes
24-01-2022 08:41
Cryptocurrencies Sell-Off Continues, Includes BTC & ETH
Cryptocurrencies Falling with Bitcoin d Down 7% and Ethereum Down 8% in the Last 24 Hours
Bitcoin is Trading Below $40.000 Again
Why crypto markets are down today?
As usual, China makes all crypto-related transactions illegal and shuts down Bitcoin mining sites in Sichuan province, which is leading to crypto market prices going down in market value.
Not only Bitcoin, but other leading crypto coins also experienced a significant drop in price after miners or investors began selling their
21-01-2022 08:11
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