This is the first in a series of videos covering the basics of the Forex market. We look at a simple example of exchanging currencies and the effect of fluctuations in the exchange rate, before going on to introduce the Forex Market and how it operates as a global, 24-hour market for trading currencies. Test
In a key sign that the tide is turning in favor of home buyers, sellers gave concessions to buyers in 41.9% of home sales in the fourth quarter—the highest share of any three-month period in Redfin’s records, according to a new report from the technology-powered real estate brokerage. That’s up from just over 30% in
In a joint effort between the state-owned Chinese Technology Exchange, the state-owned Art Exhibitions China and the corporation Huban Digital Copyrights Ltd, China’s first national NFT marketplace is scheduled to come online this week. It’s designed as a secondary market for trading digital collectibles, along with copyrights for digital assets. Perhaps unsurprisingly, it’s built on
Municipals were mixed Thursday in the secondary market as a $765 million deal from the Triborough Bridge and Tunnel Authority took focus in the primary. U.S. Treasuries were weaker 10 years and in, and equities ended lower. The three-year muni-UST ratio was at 59%, the five-year at 63%, the 10-year at 69% and the 30-year
Chicago launched a tender offer this week as part of its upcoming Sales Tax Securitization Corp. transaction that will also debut the city’s first social bonds that target seven trackable Chicago Recovery Plan projects. The tender offer to holders of $2.9 billion of general obligation debt expires Tuesday at 5 p.m. EST, with the acceptance
The UK government on Thursday announced new anti-strike legislation to enforce minimum levels of service in eight sectors including the NHS following widespread industrial action across the country. The Trades Union Congress warned unions would “fight every step of the way” to block the government’s legislation, which aims to ensure public services function adequately during
Minerva Studio | Istock | Getty Images Some expenses that go with homeownership can often be unpredictable — and costly. Last year, homeowners spent an average of $6,000 on maintenance and repairs, according to a recent report from insurance firm Hippo. A separate study from home services website Angi that measured similar 2022 costs shows
As her 40-year central banking career comes to a close, Kansas City Federal Reserve President Esther George is advising her colleagues to stay tough in their efforts to stamp out runaway inflation. George said Thursday that she thinks the Fed should raise its benchmark borrowing rate above 5% and keep it there until there are
Burton Malkiel, a Princeton University economics professor, in New York, Jan. 26, 2010. Julie Glassberg | The New York Times Want to learn how to be a better investor in 2023? Two classic books on long-term investing are out in new editions. If your New Year’s resolution is to learn more about the stock and
A hospital in Romania has been targeted in a ransomware attack with the perpetrators seeking payment in cryptocurrency to decrypt its database. The hack prevents the medical institution from reporting to the country’s health insurance fund in order to receive due funding. Botoşani Hospital Blackmailed for Bitcoin, Romanian Media Reports The Saint Gheorghe Recovery Hospital
Federal Reserve Bank of Kansas City President Esther George said the U.S. central bank should raise its benchmark interest rate above 5% and hold it there well into 2024 to bring inflation down. “I have raised my forecast over 5%,” George said Thursday in an interview on CNBC television, referring to her projection for the
People walk by a Walgreens, owned by the Walgreens Boots Alliance, Inc., in New York City, November 26, 2021. Andrew Kelly | Reuters Check out the companies making headlines and moves in premarket trading. Walgreens Boots Alliance — The drugstore stock fell about 2% in premarket even after the company reported fiscal first quarter earnings
The VIX is known as the fear index because it is based on the amount of puts that are purchased. Why? -The more puts that are purchased on the SP500, the higher the VIX -When puts are high that means people are buying protection -They think the market is going down High v. Low VIX
A Top Value Stock and Growth Stock to Consider. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
In this article .HSI Follow your favorite stocksCREATE FREE ACCOUNT Shoppers walk through a street market in Hong Kong, China, on Sunday, Jan. 30, 2022. Photographer: Chan Long Hei/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Hong Kong stocks kicked off 2023 with the most gains they’ve seen in the first trading session
Bonk, a meme token modeled after Shiba Inu (SHIB) that launched on Dec. 25, is skyrocketing and some traders believe the token’s trading volume is potentially driving Solana’s (SOL) price up. Over the past 48 hours, SOL price has gained 34%, and in the past 24 hours, Bonk has climbed 117%, according to data from
Rishi Sunak on Wednesday outlined five key promises for the next general election, including expanding the UK economy and cutting NHS waiting lists, as he squared up to the Labour party at the start of a pivotal year in British politics. In his first big domestic policy speech as prime minister, Sunak said he wanted
Munis rallied Wednesday as outflows lessened and U.S. Treasury yields fell in lockstep even as minutes from the Federal Open Market Committee meeting showed participants agreeing rate cuts are not expected in 2023. Equities ended up. Triple-A benchmark yields were bumped four to 15 basis points, depending on the curve, while U.S. Treasury yields fell
The fundamental aspects of Bitcoin (BTC) continue to power global financial inclusion, financial privacy and autonomy in conflict-affected nations despite difficult macroeconomic and cryptocurrency market conditions over the past year. These are the key takeaways of an in-depth interview with Prince Philip of Serbia and Yugoslavia conducted by Cointelegraph Brasil’s Cassio Gusson as 2023 gets
Despite opposition from various municipal bond market experts and interest groups, Congress has now instructed the Securities and Exchange Commission to develop machine-readable standards for EMMA filings. As implementation of the Financial Data Transparency Act (FDTA) begins, it is important to clear up some misunderstandings about this legislation. Opponents of FDTA expressed concern that a