Phyllis Wangui is a Financial News Editor with extensive knowledge of the forex, stock news, stock market, forex analysis, cryptos and foreign exchange industries.Phyllis is an avid commentator on these topics and loves to share her insights with others through financial publications and social media platforms.
Stocks in Asia-Pacific climbed on Tuesday 5th July 2022 as the Reserve Bank of Australia increased the interest rates as was expected. The Kospi rose by 1.8% to close at 2,341.78 while the Kosdaq increased by 3.9% to close at… Read More »Pacific-Asian Stocks Rise; China’s Markets Resist
No more sales of gasoline or diesel-powered vehicles in the European Union come the year 2035! The biggest dilemma facing automobiles is the capacity to have adequate batteries ready for the transition. It will require huge investments to be committed… Read More »EU automakers face battery challenge by 2035 EVs
Earlier in the week, the European Union agreed towards what it called protecting the financial stability and transparency in cryptocurrency transfers by subjecting the market to money-laundering protocols. The first provisional agreement ruled on the tracing of crypto assets transfers… Read More »EU Proposes Anti-Money Laundering Rules for Crypto
The number of properties sold in May rose by 0.7% compared to April, according to a report by the National Association of Realtors. That marked the end of a six-month low-demand streak. Sales were still 13.6% lower than it was… Read More »New Property Sales Up 0.7% with Rate Decrease
FedEx Q4 FY22 Earnings Call on June 23, 2022 05:00 PM ET. FedEx Corp. (NYSE: FDX) offers retail and institutional customers with a wide variety of business services,e-commerce and transportation. FedEx Corporation FDX will release its fourth-quarter fiscal 2022 which… Read More »Investor Expectations for FedEx & Accenture Earnings Calls
As the pressure on the digital asset market grows, the Binance exchange suspended bitcoin withdrawals for many hours. Binance suspended bitcoin withdrawals for many hours on Monday, following crypto lender Celsius’s decision to block users from withdrawing funds from its… Read More »Celsius redemption restrictions cause Bitcoin plunge
With rising inflation, central banks tightening, and an unlikely soft landing, investors are in a state of stagnation, not sure what the future holds. Happenings In the US, the S&P 500, Nasdaq and Dow Jones are down by about 14%,… Read More »TradeFactor offers insights on investor stagnation
Consensus further deteriorated on Wall Street, reflecting on Thursday’s investing session. The major base stock indexes had their worst performance since 18th May 2022. Notably, the Nasdaq 100, Dow Jones and S&P 500 fell 2.7%,1.9% and 2.4%, respectively. Until recently,… Read More »Hawkish ECB Causes Nasdaq 100, Dow Jones And S&P 500 To Sink
Gold prices surged on Tuesday after inflation pressure continued. The boost was aided by a decline in U.S. treasury yield. Spot gold climbed 0.69% to close at $1,853.72 per ounce. The bullion touched $1,836.10, which was the lowest since 1st… Read More »Gold Surges, Treasury Yields Fall Amid Inflationary Pressure