Following the global regulatory race, Australia opened the public consultation on its own taxonomy of crypto assets. The national regulators propose to distinguish four major types of products related to the crypto industry. On Feb. 3, the Australian Treasury released a consultation paper on “Token Mapping,” announcing it as a foundational step in the Government’s
NASDAQ index up nearly 400 points The NASDAQ continues its scorching rise higher. It Is currently up 396.2 or 3.35% at 12212.77. That leads the way for the major indices. The S&P is up 63.41 oiubts or 1.53% The Dow Industrial Average is still lower by -93 points are -0.27%. The small-cap Russell 2000 is
Easy come, easy go. After yesterday’s gains, stocks are giving a chunk of that back today ahead of the US non-farm payrolls later today. There are a couple of moving parts, so let’s try to sort things out. Apple and Alphabet reported misses on earnings after the close and that is weighing on tech sentiment;
New Delhi, Gold price tumbled Rs 681 to Rs 57,929 per 10 grams in the national capital on Friday amid a decline in rates of precious metal globally, according to the HDFC Securities. The yellow metal had ended Rs 58,610 per 10 grams in the previous trade. Silver also plummeted Rs 2,045 to Rs 70,335
Yen is stealing the show in the week of heavy weight events, powering up broadly with help of broad based decline in US and European treasury yields. Swiss Franc is following together with Euro while Dollar is just mixed. On the other hand, Sterling is the worst perform despite BoE rate hike, followed by Aussie
In this article GOOGL GOOG Follow your favorite stocksCREATE FREE ACCOUNT Alphabet missed on both top and bottom lines when it reported fourth quarter earnings after the bell Thursday. The company’s stock dropped nearly 4% after hours, erasing some of the 7.28% it gained in normal trading hours. Here’s how the numbers stacked up: Earnings
The US Nonfarm Payrolls headline number is expected at 185K in January, below the previous 223K. Average Hourly Earnings data declined to 4.6% in December and could trigger the next US Dollar move. United States Unemployment Rate could rise a bit, to 3.6%, up from record-low numbers. The US Bureau of Labor Statistics (BLS) will
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This video will discuss This Ai Forex Trading Strategy Will Make you RICH!? (Chat GPT). AI is exploding right now and there’s a lot of money to be made. You’ve probably seen countless videos on YouTube already telling you that. This is the next wave and they’re not wrong the last time. I saw people
USDCAD stalls at the 200 hour MA and rotates lower The USDCAD moved higher in early North American trading today, and in the process the price moved up to test it’s 200 hour moving average . The 200 hour moving average (green line in the chart above) comes in a 1.33477. The high price reached
Earlier we had the flash readings: Finals: From today’s report: “The start of 2023 saw a continuation of the recent positive news in the Japanese service sector as the economy continues to recover from the pandemic. Firms were again boosted by the National Travel Discount Programme which kept orders and activity rising. “There were a
Gold price rallied Rs 770 to a record high of Rs 58,680 per 10 grams in the national capital on Thursday amid a jump in precious metal prices internationally, according to Securities. In the previous trade, the yellow metal had settled at Rs 57,910 per 10 grams. Silver also zoomed Rs 1,491 to Rs 71,666
Euro retreats notably even after ECB hikes 50bps and expresses the intention to do the same in March. Sterling is also trading lower after BoE hikes by 50bps as expected. Yen is currently the stronger one with help from extended fall in US and European benchmark treasury yields. Dollar, on the other hand, has turned
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple missed expectations for revenue, profit, and sales for many of its lines of business on Thursday, sending the stock lower in extended trading. Apple’s overall sales for the holiday quarter were about 5% lower than last year’s, the first year-over-year sales decline since 2019.
AUD/JPY has not shown a meaningful reaction to the upbeat Australian PMI data. The RBA is expected to slowly push its OCR higher to 4.1% to tame soaring inflation. The reason behind widening BoJ’s YCC band was to make them more sustainable. The AUD/JPY pair has shown a muted response to the upbeat Australian S&P
The metaverse is becoming a destination for more brands, companies and communities to connect. A study from December 2022 revealed that 69% of users believe metaverse entertainment will reshape social life. Recently, the legacy music and arts festival Woodstock, known for being the most famous of the 1960s rock festivals, announced that it would reinvent
This video provides a technical analysis of the Apple stock, prior to its earnings announcement on 2nd February 2023, based on the weekly time frame. The expected move for APPL earnings, to be announced on 02 Feb AMC (after market close), according to the options market, is 4.1% Within the video, you will see a
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