The US Dollar Index, a measure of the USD's performance against a basket of major currencies, showed marginal losses on Monday, and the 10-year US Treasury bond yield closed nearly unchanged, hovering just above 4.6%. In the Eurozone, the EUR/USD currency pair maintained stability around 1.0700, having recorded slight gains on the preceding day. Forecasts…
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Through the partnership with FinClear, IC Shares has been established to provide a secure, user-friendly, and cost-effective means of accessing mid-cap and blue-chip companies in the Australian share market. Clients can easily invest in Aussie shares using their own HIN with a competitive brokerage fee, one of the lowest on the market, making the investment…
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Owned by seven banks, including JPMorgan Chase (JMP.N), the Bank of America (BAC.N), and Wells Fargo (WFC), Zelle is a peer-to-peer payment system. Scammers, claiming to be official representatives, such as banks, agencies, or service providers, tricked Zelle users into transferring money to these quasi-bodies. According to federal law, banks must reimburse their clients for…
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This bullish stock performance follows on the heels of a key study that found Wegovy, the Novo Nordisk weight loss drug, reduces cardiac risks and related mortalities in obese people. Those involved in the study took the highest dose of the drug and consequently experienced a drop in blood sugar and inflammation, two of the…
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The US Dollar Index, having closed the previous week on a positive note, remained stable just below 106.00, while major currency pairs experienced fluctuations within familiar ranges. The UK's Office for National Statistics is set to release the jobs report early on Tuesday, along with third-quarter Gross Domestic Product (GDP) growth data from the Euro…
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In a 2 November media release, AustralianSuper reaffirmed its 31 October stance and said: AustralianSuper intends to vote its shares in Origin Energy (Origin) against the best and final offer from the Brookfield and EIG-backed consortium announced today. The mentioned consortium approached AustralianSuper, asking it to drop its opposition to the $10.5bn takeover bid for…
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Experts typically look at the lending trends of China’s central bank to determine which sectors the government prioritises above others. A year-on-year comparison shows loans to the embattled Chinese property sector dropped by 0.2% while those to the manufacturing sector surged by 38.2%. Financial analysts warn that although this may look similar to the uptick…
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The new drilling operation aims to investigate historical geochemical nickel anomalies that have been identified in recent electromagnetic surveys. Notably, Parle Investments Pty Ltd, a seasoned investor in the uranium sector, has emerged as a substantial shareholder, endorsing Cauldron's unwavering commitment to uranium exploration. Cauldron has received a further $1.47m endorsement from outside investors. Don’t…
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The Mini Account effectively lowers the barriers of entry for new traders with a minimum deposit requirement of just $10 and offers a comprehensive trading environment encompassing 50 of the most popular financial instruments across FX, indices, precious metals, energies & cryptocurrencies. Accommodating the needs of its diverse clientele, ThinkMarkets has optimised the Mini Account…
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These probes allegedly found that Apple benefited from two Irish tax rulings. In terms of these, the tech giant only faced a 0.005% tax in 2014. The company legally challenged these allegations and, in 2020, the EU General Court ruled in favour of Apple, stating that the regulators involved missed the mark and could not…
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