The impending decline in interest rates in Europe has made the euro a prime candidate for financing carry trades. This increases pressure on the euro. Let’s look at what this earning scheme is briefly. Carry trade is a strategy for making a profit in the foreign exchange market due to different interest rates. In reality,…
The world’s largest investment firm BlackRock has warned of further deterioration in the geopolitical situation in financial markets in 2024, adding that asset markets are not fully aware of the risks. “We expect greater fragmentation, increased competition and less cooperation among major economies in 2024,” BlackRock said in a note to clients. “However, as stocks…
We all know that in financial markets, and in any other markets, even those where we buy vegetables and fruits, the law of supply and demand works. If we want to buy something, then someone must sell it to us. Same with Bitcoin. The BTC-ETH spot approval project attracted huge additional capital into this industry,…
For the global economy, 2023 turned out to be fatal. Given what is happening, the world has experienced a distribution of price competition for valuable resources and a very strong increase in inflation. However, the actions of economic and political figures led to not very good consequences. According to our forecasts, everything is heading towards…
Major money management firms are increasingly confident that the Securities and Exchange Commission (SEC) will make cryptocurrency history in early January by approving the first spot Bitcoin exchange-traded fund, FOX Business has learned. Sources close to these companies say recent guidance from SEC officials is that the green light will likely be given by January…
Artificial intelligence, or more precisely, a neural network, was asked to search for the so-called Grail in financial markets. This is how he answered succinctly and clearly: The Grail is a pre-thought-out algorithm of actions that allows you to quickly achieve your financial goal at an optimal level of risk. At the same time, he…
After the collapse of the FTX crypto currency exchange, long trials and proceedings, part of the funds that the exchange management failed to steal were frozen and are awaiting permission from the authorities to be sold. The exchange today unveiled its latest proposal to return billions of dollars to customers and creditors, kicking off the…
09:00 AM EET – Interest rate decision in America. 10:30 AM EET – FOMC press conference One of the most important events in the financial world that will take place this week. Taking into account the latest data on inflation, which the American regulator has successfully managed to curb, its growth has declined like an…
This year, the United States has increased its highest oil production. Rapidan Energy analysts estimate U.S. production will average 13.3 million barrels per day next year, up from the 2023 average of 13 million and above the current all-time record of 13.2 million reached in September. The rapid growth of oil production in the United…
The exchange-traded product, which allows investors to make large bets on the S&P 500, launched Tuesday, according to a press release from its sponsor, Bank of Montreal. It’s called the MAX S&P 500 4X Exchange Traded Note XXXX and offers investors daily returns four times the S&P 500 Total Return Index. The fund’s sponsor, Max…
