Despite the positive survey from over 60 global chief economists, investors and industry experts are reconsidering when the cuts will come largely because the major global economies have failed to get inflation consistently under its 2% target. Last week, markets predicted a 75% chance of US rate cuts in March of this year. This week,…
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In going public, this social media platform will join listed competitors such as Meta Platforms Inc (META), Pinterest Inc (PINS), Spotify Technology SA (SPOT), and Snap Inc (SNAP). Reddit has reportedly considered launching its IPO for the past three years. Should this listing be realised, it would be the first since 2019, when Pinterest stepped…
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These developments follow hot on the heels of research predicting that the growth in the electric vehicle (EV) industry will fall to roughly 27% in 2024. At the start of this year, Canalys, a global technology market analyst firm, stated that a reduction in government subsidies would spill over to consumer interest in EVs. In…
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A vital feature of this update is the ability for users to export trading reports in both HTML and PDF formats directly from the platform. This enhancement allows traders to conveniently share their performance with peers and investors, utilising new export options in both the File and report menus. MT5 has also introduced the functionality…
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The 'Cutting-Edge' portfolio features a selection of 15 US stocks, set for monthly rebalancing. This strategy aims to achieve risk-adjusted returns that surpass the S&P 500 benchmark, a goal supported by the STRATxAI backtest engine. This engine comprehensively reviews the performance of over 5,000 mid to large-cap US stocks from the past two decades, ensuring…
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While some factors like supply and demand will drive the price of gold over the long term, the issues tend to play out over an extended period. The part of supply and demand that plays a role over the medium term is the trajectory of the change in the dynamics. Over the medium term, the…
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Without this feature, the models are due to go on sale on Thursday morning at 14:00 GMT. The technology giant announced on Wednesday after the US Court of Appeals for the Federal Circuit ruled in favour of medical technology company Masimo. According to a Reuters report, the US International Trade Commission (ITC) backed Masimo’s claim…
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The December increase bettered November retail sales by 0.3%, confirming the resilience of American shoppers while bolstering the economy. The numbers also allay fears of stinted economic growth, starting the new year on a positive financial footing. Out of the 13 categories monitored, nine experienced sales increases compared to November 2023. Clothing, fashion accessories, and…
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This material is used in the batteries of these automobiles. OneD is among the startups that develop silicon anode materials. Others in this arena include GDI, Nexeon, and Sila Nanotechnologies. Reportedly, the silicon anode works better than the pure graphite EV batteries. Data shows that China processes more than 90% of the global graphite supply…
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The decision follows a surge in retail trading fueled by the COVID-19 pandemic, which led various mobile banking platforms, including the UK's Revolut, to incorporate stock and cryptocurrency trading features. N26 had previously launched crypto trading for some of its users towards the end of 2022. The move comes after the German financial watchdog BaFin…
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