Global News

Investors keenly await today’s monetary policy decision from the US Federal Reserve, but on Thursday, focus will shift to its UK peer, the Bank of England (BoE), for a potentially consequential meeting

Here on our weekly update, we keep you updated on the most essential topics from last week in the Crypto world Cathie Wood still believes in Robinhood ARK Invest, the company led by Cathie Wood, invested heavily in Robinhood, despite its poor financial results for Q3 2021. Wood's business bought 2,240,680 shares, valued at as much as $79.4 million. According to data disclosed by ARK Invest the purchase is spread…

Past performance is not an indicator of future results The above shows FXCM's USDOLLAR basket on a weekly chart. Given the expectations of a tapering announcement from the FOMC statement today, the analysis here is important. Last week's candle is a potential swing low reference candle (aqua arrow). To be considered as such, this week's candle will need to close above the reference candle's high (aqua horizontal line). The FOMC…

Unemployment in New Zealand dropped to 3.4% during the third quarter, compared to 4% in Q2, making easier for the country’s central bank (RBNZ) to continue down its tightening path

Markets appear to be cautious ahead of the Fed’s potentially consequential monetary policy decision later in the day, as the Eurodollar consolidates following Tuesday’s slide

The Reserve Bank of Australia kept the official cash rate (OCR) at 0.1% today and will continue to purchase government securities at the rate of $4 billion a week until at least mid February 2022. However, it decided to discontinue the target for the yield on the April 2024 bond, after the recent 3Y Yields surge. The Board reiterated that it will not increase the cash rate until actual inflation…

Companies looking to go public have more than one way to achieve their goal, including through Special Purpose Acquisition Companies (SPACs), a method that has come to prominence in recent years.

The BoC left interest rates unchanged at 0.25% and QE at C$3 billion/week, with more action potentially expected at the next meeting

The world returns to normalcy after the pandemic that broke out last year and we will explore whether it was an unpredictable event, a Black Swan for markets.

Chip Shortage is becoming an issue for various industries worldwide - it has major real-world consequences and is expected to last for at least two more years. What are Semiconductors? Semiconductors, at their core are simply silicone with transistors build into it them, are advanced microchips that power almost every electronic devices being made today. It is not an overstatement to say semiconductors, or computer chips, power the modern world.…

As an exotic currency, the South African rand (ZAR) has been historically sensitive to world events. One of the primary reasons behind the rand's responsiveness is the lack of consistent market depth. When compared to the global majors and minors, the ZAR typically exhibits a much smaller daily traded volume. According to the Bank of International Settlements (BIS) Triennial Survey 2019, the South African rand accounts for 1% of total…