Author: Anthony M. Orbison

Fed Rate Decision Sparks Forex Volatility: What Happens Next? Last week’s Federal Reserve monetary policy decision sent shockwaves through the global financial markets, particularly in the Forex world. The Fed surprise-dropped interest rates for the first time in 10 years, sparking turmoil in currency markets. For Forex traders and investors alike, the sudden volatility leaves many wondering what’s ahead. The Rate Decision On July 30th, the Federal Open Market Committee (FOMC) announced a bold move, cutting the fed funds target rate by a quarter percentage point to 1.75-2%. This marked the most significant rate cut since September 2008, with policymakers…

Sep. 24, 2024 11:39 AM ETDow Jones Industrial Average Index (DJI), SP500, COMP:INDLVS, AMGN, CAT, WYNN, REGN, BX, V, SMAR, NIO, US10Y, US2YBy: Carla Mozee, SA News Editor uschools Key U.S. equity averages looked for firm direction Tuesday after investors saw a slide in domestic consumer confidence while assessing China’s fresh round of stimulus measures. The averages turned higher after slipping earlier in the session, but gains were modest. Source link

The stock market is a platform where investors buy and sell shares of publicly traded companies. It offers opportunities for individuals and institutions to invest in various sectors of the economy. Blue chip stocks represent shares of large, well-established companies with a history of stable earnings. These companies are often household names and industry leaders. Blue chip stocks are notable for their reliability and financial stability. Investing in blue chip stocks can offer several advantages. They typically provide steady dividends, appealing to income-focused investors. Blue chips often have strong balance sheets and can weather economic downturns better than smaller companies.…

On a cool autumn evening in Philadelphia, PA, more than just crypto bros showed up in The City of Brotherly Love to show their support for Bitcoin and crypto on the fifth stop on the America Loves Crypto tour. A diverse crowd of approximately 200, split evenly between men and women, filled Vinyl, a stylish venue in the heart of the city where the event was hosted. The size and enthusiasm of the crowds on this tour has grown considerably as it has rolled on, lending some credence to the notion that the crypto voting block may play a role…

The Interplay between Risk Management and Psychology: Understanding the Emotional and Cognitive Factors that Drive Decision-Making Risk management is a critical aspect of modern business, finance, and personal life. It involves identifying, assessing, and mitigating potential risks to achieve desired outcomes. However, risk management is not just a technical process, but also a deeply psychological one. The way we perceive, process, and respond to risk is influenced by our cognitive biases, emotional states, and personal experiences. In this article, we will explore the complex interplay between risk management and psychology, and discuss the implications for decision-making. Cognitive Biases in Risk…

Stay informed with free updatesSimply sign up to the UK energy myFT Digest — delivered directly to your inbox.GB Energy, the government’s clean energy firm, will be based in Aberdeen in a boost for the Scottish city that has fallen on tougher times as the North Sea oil and gas basin declines.UK Prime Minister Sir Keir Starmer made the much-anticipated announcement during his speech to the annual Labour party conference on Tuesday. The government had promised to base the new state-owned vehicle in Scotland but had not confirmed which city it would be in. Other mooted locations included Glasgow and Edinburgh.…

One of the best not-so-hidden secrets to elevating one’s airport experience is to gain access to a lounge. Instead of crowding around the gate, one can enjoy drinks and a buffet of foods through either status with an airline or a high-earner credit card. While the latter’s Amex  (AXP)  Centurion lounges are the most well-known in that regard, airlines such as Delta  (DAL) , American Airlines  (AAL)  and United  (UAL)  all have their own lounges for their most dedicated flyers.Related: JetBlue just cut more flights to cities people want to get toJetBlue Airways  (JBLU) , launched in 1998 by longtime airline investor…

Matt Hougan, chief investment officer of Bitcoin and crypto asset manager Bitwise Investments, claims the “most powerful people in finance” are allocating to Bitcoin and crypto.JUST IN: 🇺🇸 $4.5 billion Bitwise CIO says, “the most powerful people in finance” are allocating to #Bitcoin and crypto.Are you paying attention? 👀 pic.twitter.com/NrRfSstkkr— Bitcoin Magazine (@BitcoinMagazine) September 24, 2024 In a memo, Hougan described a telling moment at a recent financial advisor summit hosted by Barron’s magazine. When asked, nearly every attendee said they owned Bitcoin and crypto assets personally.Bitwise is a major Bitcoin and crypto index fund provider managing over $4.5 billion…

Understanding Currency Pairs: The Foundation of Forex Trading The foreign exchange market, also known as the Forex market, is the largest and most liquid market in the world, with a daily trading volume of over $6 trillion. One of the essential components of Forex trading is understanding currency pairs, which are the foundation of this market. In this article, we will delve into the world of currency pairs and provide a comprehensive overview of their significance in Forex trading. What is a Currency Pair? A currency pair is a combination of two currencies, with the first currency listed as the…

Over the past year, China has tightened its grip on the global supply of nearly 20 critical minerals by placing restrictions on gallium, rare earths, and, most recently, antimony. These actions, which Beijing has justified with opaque references to national security concerns, underscore a troubling reality: China’s dominance over essential resources gives it tremendous power to weaponize its market position against the United States and its allies. The impact is already being felt. Prices for gallium, a crucial component of semiconductors and solar panels, roughly doubled in Europe after China began imposing export curbs in mid-2023. The same fate could…