US GDP will return to pre-pandemic levels by end-March 2021 – Morgan Stanley
Read more on https://www.fxstreet.com Read More: US GDP will return to pre-pandemic levels by end-March 2021 – Morgan Stanley
Read more on https://www.fxstreet.com Read More: US GDP will return to pre-pandemic levels by end-March 2021 – Morgan Stanley
Read more on https://www.fxstreet.com Read More: US, China top diplomats discuss meeting in Alaska – SCMP
The recent rotation in US equities reversed on Tuesday as the Nasdaq 100 surged north of 4.0%. Meanwhile, the New Zealand Dollar takes aim at recapturing a major trendline as the Greenback weakens. Read More: Nasdaq 100 Surges As Treasury Yields Recede. NZD/USD Aims Higher
Asia-Pacific equities are poised for a strong opening following a decent rebound in US tech stocks overnight. The US Dollar index retreated alongside the 10-year yield, alleviating pressure on risk… Read More: S&P 500, Hang Seng, ASX 200 Outlook: Tech Rebound to Send Stocks Higher
India Capacity Utilization at 63.3 percent https://tradingeconomics.com/india/capacity-utilization Read More: India Capacity Utilization at 63.3 percent
Mali Consumer Price Index CPI at 100.9 points https://tradingeconomics.com/mali/consumer-price-index-cpi Read More: Mali Consumer Price Index CPI at 100.9 points
Taco Bell’s NFT collection features Chainlink-themed crypto art https://cryptoslate.com/taco-bells-nft-collection-features-chainlink-themed-crypto-art/ Read More: Taco Bell’s NFT collection features Chainlink-themed crypto art
Data shows #Bitcoin is ‘replacing’ gold as a store of value (via @shauryamalwa) https://cryptoslate.com/data-shows-bitcoin-is-replacing-gold-as-a-store-of-value/ Read More: Data shows #Bitcoin is ‘replacing’ gold as a store of value (via @shauryamalwa)
The international taco chain aped into the crypto art world this week. And it’s already holding Chainlink-themed designs. Let’s Taco bout it Taco Bell, the international taco chain with over 6,000 locations worldwide, jumped on the non-fungible token (NFT) bandwagon earlier this week with the launch of its own theme-NFTs. Users immediately sent the brand […]
Bitcoin, the ‘digital gold,’ is giving the real deal a run for its money. Or at least the data shows so. Gold will see use in jewelry Data from Bloomberg shows investors are scooping up Bitcoin at an unprecedented rate in current times, with the cryptocurrency fast becoming a part of portfolios around the world. […]
PayPal Acquires Crypto Custody Firm Curv for Less Than $200 Million | Morgan Stanley, Soros, MassMutual Join $200 Million Investment in Bitcoin Firm NYDIG | Norwegian Firm Launches Bitcoin Investment Unit, Buys 1,170 BTC for Its Treasury Read More: Market Analysis Report (09 Mar 2021)
An overnight move higher sees local highs of $54,500 and fresh hope that support levels will now focus on $50,000. Read More: Bitcoin price cracks major resistance as analyst eyes K 'destiny'
Manor and Valora are leveraging the current crypto hype to sell Bitcoin gift cards in their stores across Switzerland. Read More: Major Swiss retailers set to debut Bitcoin gift cards
There’s no shortage of demand for Bitcoin, even at $50,000, as big buyers dwarf smallholders in the latest stage of the bull run. Read More: Bitcoin whales 'bought the dip' as orders for 0K or more hit all-time highs
Source: Instagram, Coinbase US-headquartered major crypto exchange Coinbase is said to be valued at USD 90bn in a private auction. The company shares traded at some USD 90bn value last week, based on USD 350 a share, which is the price the stock was trading at the auction last Thursday on the Nasdaq Private Market, […]
Taiwan’s New Taipei District Prosecutors Office is investigating the possibility that the Mainland Chinese crypto mining giant Bitmain has, in the prosecutors’ own words, “poached” up to 100 AI engineers from Taiwanese companies in an operation that allegedly began back in 2018, per multiple media reports. Per the Japanese media outlet Nikkei, as well as […]
And the non-fungible token (NFT) craze continues, gaining more steam with each passing day. Today, US Super Bowl champion Rob Gronkowski, aka Gronk, announced the launch of his own NFT collection commemorating his four Super Bowl wins. The American football tight end for the Tampa Bay Buccaneers of the National Football League (NFL) is a […]
GameStop was up 18%, building on Monday’s rise of over 40% on the video retailer’s e-commerce strategy and speculation that small investors will pour stimulus checks into markets. Read More: Nasdaq roars back as tech stocks gain ground
Following the QIP, the government holding in Indian Bank will come down from the existing level. Read More: Indian Bank to raise up to Rs 4,000 crore
The Senate Banking Committee began its public probe of the GameStop saga on Tuesday, with Democrats and Republicans staking out opposing positions on the value and dangers of a new retail trading landscape characterized by firms like Robinhood that offer no-commission trades and easy-to-use smartphone applications. Read More: Capitol Report: Senate probes Robinhood business model […]
Alongside $1,400 stimulus checks and more unemployment benefits, the $1.9 trillion financial stimulus package passed in the Senate broadens the Child Tax Credit’s eligibility and makes the credit’s payouts more generous. Read More: TaxWatch: ‘One of the largest anti-poverty bills in recent history’ — what the .9 trillion COVID bill means for families with kids
Read More: ARK Innovation And The Demise Of Growth Investing
MALAYSIA'S Top Glove Corporation saw its second-quarter net profit surge to RM2.87 billion (S$938.4 million), about 25 times that of RM115.7 million posted in the year-ago period. Read More: Top Glove Q2 net profit surges to RM2.87b on record sales; declares special dividend
SOME entities of Eagle Hospitality Trust (EHT) have entered into a stalking-horse agreement with a bidder, as they seek to sell their properties as part of Chapter 11 bankruptcy proceedings in the US. Read More: Eagle Hospitality Trust entities' sale of properties gets opening bid
THE Singapore bourse saw its listed members benefiting from the rotation out of technology stocks into cyclical counters, as it continued to stand out on Tuesday against some regional peers. Read More: Rotation into cyclicals puts Singapore shares at advantage as STI rises 1.22%
The Japanese yen is almost unchanged in the Tuesday session. Currently, USD/JPY is trading at 108.90, up 0.06% on the day. Dollar punches past 109 The yen is having a quiet day, but USD/JPY briefly moved into 109-territory, for the first time since June 2020. The yen has slumped in 2021, falling 5.6% against a […]
The New Zealand dollar has posted strong gains in the Tuesday session. Currently, NZD/USD is trading at 0.7164, up 0.60% on the day. Manufacturing, Business Confidence weaken New Zealand can be considered a success story when it comes to the battle with Covid-19. The island country has largely contained the pandemic, and reacted swiftly to […]
Wood has been hammered lately amid a big market rotation out of high-flying tech and into cyclical value stocks in the face of higher rates. Read More: Cathie Wood's Ark Innovation Fund rebounds 8% Tuesday as Tesla, other tech darlings pop
The subscription styling service lowered its revenue forecast for the current quarter and fiscal year. Read More: Stitch Fix swings to a quarterly loss and softens outlook on shipping delays; shares plunge
Dick’s Sporting Goods topped Wall Street’s estimates, as shoppers continued to buy equipment and apparel for working out during the pandemic. Read More: Dick's Sporting Goods shares fall as retailer predicts slowing sales in year ahead