Category: Forex

PPM shows strong domestic fund return
August 25, 2023 BY Elizabeth Anderson

PPM shows strong domestic fund return

PPM is one of Australia's highest performing boutique funds managers and has also secured a 12.8% return in 2023 on its domestic fund and 13.1% over the same three-year period. Founder, Chief Investment Officer and Chairman of PPM, Hugh MacNally noted: Our clients are wealthy private individuals or families who are referred by friends or…

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Authorities eyeballing Worldcoin’s practices
August 25, 2023 BY Elizabeth Anderson

Authorities eyeballing Worldcoin’s practices

Runners earn a commission, and, in Uganda for instance, station themselves at locations such as shopping centres, educational facilities, and sidewalks to connect with passersby. This marketing outreach aims to educate people on exchanging their biometrics for a globally recognisable digital ID, which will get them access to online banking and universal basic income. According…

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August 24, 2023 BY Elizabeth Anderson

Nvidia’s $25bn stock buyback increases AI heat

The global leader in AI computing also indicated that it would buy back $25bn in stock, which sent Nvidia shares skyrocketing in a matter of hours. The company’s share price closed at $471.16 on Wednesday, up +3.17% from the previous day’s close. It spiked even more after the bell rang, hitting a record 9.6% increase…

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New bodies join ‘Infrastructure Australia Net Zero Plan 2050’
August 23, 2023 BY Elizabeth Anderson

New bodies join ‘Infrastructure Australia Net Zero Plan 2050’

During the conference, Nicole Lockwood, Independent Chair of Infrastructure Net Zero, noted: Infrastructure embodies, consumes and enables 70% of Australia’s carbon footprint. The tightened targets for 2030 and 2050, the huge pipeline of new projects and the need to adapt to increasing climate shocks have brewed the perfect storm. The time for decisive action is…

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Coinbase Advanced partners with Coinrule for AI-automated trading
August 22, 2023 BY Elizabeth Anderson

Coinbase Advanced partners with Coinrule for AI-automated trading

Essentially, retail traders using Coinbase Advanced can now access Coinrule trading tools to boost their investment portfolios. Among others, this includes the use of profitable bots with which customers can design more than 100,000 different strategies based on variables such as price, technical indicators, and other market indicators. There is also access to a comprehensive…

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European stock market experiences positive change
August 17, 2023 BY Elizabeth Anderson

Market insights: Cisco Systems, Inc. and JD.com, Inc.

Antreas Themistokleous, an analyst at Exness stated: As of 30/04/2023, the company's current ratio is around 140% showing that the company is able to repay its short-term liabilities with the current assets in hand. Also, what is important to mention is that the debt-to-equity ratio is near all-time low (currently at 16%), indicating that the…

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Advanced Markets collaborates with Takeprofit Tech
August 15, 2023 BY Elizabeth Anderson

Advanced Markets collaborates with Takeprofit Tech

The integration of Takeprofit Liquidity Hub with Advanced Markets Group's robust Liquidity Pool will create a powerful ecosystem, granting traders, brokers, and financial institutions broader access to financial instruments and, therefore, the ability to optimize their trading strategies. The key highlights of this partnership include: Expanded Liquidity Pool: Retail Forex brokers using Takeprofit Liquidity Hub…

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Market commentary and analysis from Clifford Bennett
August 11, 2023 BY Elizabeth Anderson

Market analysis: is inflation now under control?

For the month, both headline and core inflation were steady at 0.2%. This is more encouraging, but again there are pipeline price pressures still in the system. With a potential inflation surge globally possible, a very real risk, given the volatility and recent gains in some energy and food markets of late. It is also…

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Robinhood app on mobile
August 11, 2023 BY Elizabeth Anderson

Robinhood defeats meme stock frenzy appeal

At the time, customers owning stocks such as AMC Entertainment, the previous Bed Bath & Beyond, and Gamestop, claim they lost money because Robinhood prohibited these stock buys as social media activities caused prices to skyrocket. Other stockholders claimed the restrictions caused price drops. Investors using online stages such as Twitter and Wall Street Bets…

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