Market Overview: Major stock indices on Wall Street were projected to experience an upward opening on Wednesday. This positive trajectory was attributed to a combination of tempered inflation figures and a series of strong financial reports from leading U.S. banks.. US Futures in Green: Dow Jones Industrial Average futures trading
Donald Trump becomes the 47th President, defeating Kamala Harris, with Republicans securing full control in Washington. The S&P 500 rose 2.5%, with global stocks up 2.4%, fueled by optimism over tax cuts and deregulation. Expected tax and regulatory cuts could drive equity growth and benefit smaller U.S. companies. Bitcoin surpasses
The Federal Reserve has implemented three rounds of interest rate cuts since 2000, responding to the dot-com bubble in 2001, the global subprime mortgage crisis in 2007, and the trade tensions with China and the COVID-19 pandemic in 2019-20. Cut to 2024, the long-awaited moment of reckoning came for investors,
The U.S. economy has been intensely scrutinised in recent years, with concerns mounting about a potential recession. However, despite these worries, the economy has shown remarkable resilience, buoyed by a strong job market, robust consumer spending, and solid corporate earnings. While challenges remain, such as inflation and rising interest rates,
Diversification spreads risk, reducing impact from poorly performing companies or sectors. Protects against unforeseen events like regulations changes, disruptions, or crises. Offers exposure to diverse growth opportunities across sectors and geographies. Mitigates market & economic correlation risks for a more resilient portfolio. Essential for beginners & valuable for experienced investors
Beneath the surface of America’s economic prosperity lies a simmering cauldron of risks. The nation’s seemingly robust economy, buoyed by years of strong economic growth and government stimulus, is teetering on the edge of uncertainty. From geopolitical tensions to domestic challenges, the potential for downside surprises is ever-present. And when
Uranium price skyrockets due to booming nuclear power plant construction and supply concerns. Investor interest surges in uranium, with predictions of even higher prices. Growing demand for clean energy fuels nuclear power comeback, leading to a global uranium crunch. Supply limitations and potential sanctions on Russia further tighten the uranium
Source: pixabay.com SEC approves first spot Bitcoin ETF after US court termed its earlier decision as arbitrary Crypto ETFs costs will be lower than directly investing in Bitcoin, with lower associated risks Crypto proponents expect it to be game changer, with price predicted to reach $100k by year-end Investors attraction
UK Inflation fell to 3.9% in November 2023, its lowest level since September 2021, beating market expectations Food inflation fell to single-digit, core and service inflation also fell Rising expectations of rate-cut by the Bank of England, with markets anticipating rates will be cut by 1.38 % points in 2024
