Search results for: Commodities

Larry David Expresses Regret Over FTX Ad Amid Founder’s Fraud Conviction

Source Node: https://cryptopotato.com/larry-david-expresses-regret-over-ftx-ad-amid-founders-fraud-conviction/
Time Stamp: February 1, 2024 1:22 PM - Modified On: February 1, 2024 - Published By:
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The popular actor and comedian Larry David has expressed remorse over participating in a high-profile 2022 Super Bowl commercial for the now-fallen cryptocurrency exchange FTX. Notably, Sam Bankman Fried, the FTX founder, was imprisoned after he was found guilty of fraud, conspiracy, and money laundering last year. Larry David Reflects on FTX Ad Regret Speaking to The Associated Press at the Los Angeles premiere of the final season of “Curb Your Enthusiasm,” a series he created and stars in, David recounted seeking advice from knowledgeable friends before agreeing to the

British pound higher as BoE holds rates – MarketPulse

Source Node: https://www.marketpulse.com/news-events/central-banks/british-pound-higher-as-boe-holds-rates/kfisher
Time Stamp: February 1, 2024 12:36 PM - Modified On: February 1, 2024 - Published By:
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The British pound is higher on Thursday. In Tuesday’s North American session, GBP/USD is trading at 1.2731, up 0.32%. BoE holds rates in a three-way split The Bank of England maintained the benchmark rate at 5.25% at today’s meeting, as expected. The BoE left rates unchanged for a fourth consecutive time, further evidence that the steep rate-tightening cycle is very likely over. What was most unusual was the MPC vote, with a rare three-way split. Six members voted for the pause, two members preferred to raise rates by a quarter-point

JPY carry trades downside pressure reinforced ex-post FOMC – MarketPulse

Source Node: https://www.marketpulse.com/forex/jpy-carry-trades-downside-pressure-reinforced-ex-post-fomc/kwong
Time Stamp: February 1, 2024 5:32 AM - Modified On: February 1, 2024 - Published By:
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The US Federal Reserve pushed back the first Fed funds rate cut and Fed Chair Powell indicated that the “highly anticipated” March rate cut is not the base case for now. The dovish Fed Pivot narrative is still alive as both the 2-year and 10-year Treasury yields continued to inch lower and closed near their session lows. The continuation of down-trending US Treasury yields put pressure on JPY carry trades indirectly; AUD/JPY is the worst performing among the G-10 currencies so far. This is a follow-up analysis of our prior

Robert Kiyosaki Explains Why He Is Not Interested in Spot Bitcoin ETFs

Source Node: https://www.cryptoglobe.com/latest/2024/02/rich-dad-poor-dad-author-robert-kiyosaki-owns-66-bitcoins/
Time Stamp: February 1, 2024 3:32 AM - Modified On: February 1, 2024 - Published By:
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In an insightful interview with Jeremy Szafron of Kitco News, Robert Kiyosaki, the renowned author and financial expert, shared his analysis of the current economic climate. Kiyosaki’s discussion spanned a wide range of topics, from the potential crash of the stock market to the financial challenges facing the baby boomer generation, offering valuable insights into commodities, geopolitical tensions, and his views on gold, silver, and Bitcoin. Economic Outlook and the Baby Boomer Generation Kiyosaki paints a grim picture for the baby boomer generation, pointing out the precarious position they find

Market Insights Podcast – Fed leaves interest rates on hold for now – MarketPulse

Source Node: https://www.marketpulse.com/forex/usd/market-insights-podcast-fed-leaves-interest-rates-on-hold-for-now/cerlam
Time Stamp: January 31, 2024 6:24 PM - Modified On: January 31, 2024 - Published By:
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OANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to discuss the Federal Reserve interest rate decision and what it means over the coming months. Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex,

Europeans set up corridor for rushing NATO troops eastward

Source Node: https://www.defensenews.com/global/europe/2024/01/31/europeans-set-up-corridor-for-rushing-nato-troops-eastward/
Time Stamp: January 31, 2024 1:10 PM - Modified On: January 31, 2024 - Published By:
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PARIS — Germany, the Netherlands and Poland plan to develop a military corridor that would make it easier to move troops and equipment between Europe’s North Sea ports and NATO’s eastern flank, at a time of growing hostility with Russia.The countries signed a declaration of intent on Jan. 30 to develop the corridor, with plans to tackle infrastructure choke points, such as low bridges, and slash bureaucracy around permits for cross-border transport of ammunitions and other dangerous goods, the Dutch Ministry of Defence said in a statement. They’ll also study

EUR/USD gives up gains after soft German CPI – MarketPulse

Source Node: https://www.marketpulse.com/news-events/central-banks/eur-usd-gives-up-gains-after-soft-german-cpi/kfisher
Time Stamp: January 31, 2024 11:30 AM - Modified On: January 31, 2024 - Published By:
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EUR/USD showed little movement earlier but that changed after German CPI was softer than expected. The euro gained 0.40% in the aftermath of the inflation report but has given back about half of those gains. In the North American session, EUR/USD is trading at 1.0857, up 0.11%. German CPI falls to 2.9% Germany’s inflation rate dropped to 2.9% y/y in January, down sharply from 3.7% in December and just below the market estimate of 3.0%. The reading, a preliminary estimate, was the lowest rate since June 2021. The drop was

Gold – Will the Fed hint at a March cut or just leave the door slightly ajar? – MarketPulse

Source Node: https://www.marketpulse.com/gold/gold-will-the-fed-hint-at-a-march-hike-or-just-leave-the-door-slightly-ajar/cerlam
Time Stamp: January 31, 2024 9:53 AM - Modified On: January 31, 2024 - Published By:
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Fed statement and press conference key Will they hint at a rate cut in March? Gold hovering between $2,000 and $2,500 It’s been a relatively slow start to trading on Wednesday which isn’t surprising considering what’s to come later in the day. On another day, earnings from Alphabet and Microsoft may have dictated sentiment in the broader markets but as it is, investors are more focused on events in Washington, so tech aside markets are relatively flat. There’s a very good reason why this is the case. Stock markets have

A dovish Fed guidance may not reverse the rout in China and Hong Kong stock markets – MarketPulse

Source Node: https://www.marketpulse.com/indices/a-dovish-fed-guidance-may-not-reverse-the-rout-in-china-and-hong-kong-stock-markets/kwong
Time Stamp: January 31, 2024 1:24 AM - Modified On: January 31, 2024 - Published By:
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China and Hong Kong benchmark stock indices have almost erased last week’s gains. NBS Non-Manufacturing PMI sub-components for January are indicating feeble service activities in China. A weaker US dollar via a dovish forward monetary policy guidance from the Fed is not enough to act as a bullish catalyst for China and Hong stock markets. Technical analysis advocates further potential weakness in the Hang Seng Index in the short to medium term. This is a follow-up analysis of our prior report, “Hang Seng Index Technical: Countertrend rebound in play but