Japan Forms Expert Panel to Investigate the Introduction of Digital Yen

According to recent reports, the Ministry of Finance in Japan is actively considering the implementation of a central bank digital currency or CBDC. To explore this possibility, the Ministry is setting up a professional panel, which is set to convene in the coming month. The conference will be responsible for thoroughly evaluating the feasibility of … Read more

Stock Market Downturn: SVB Financial Group’s Stock Plummets 61%, Banking Sector in Turmoil

On Friday, the stock market experienced a significant downturn, with the Dow Jones Industrial Average down by 1.7%, the S&P 500 declining by 0.4%, and the Nasdaq declining by 0.1%. These declines are primarily due to the February jobs report, which fell short of expectations. Moreover, the market is in turmoil due to the emergency … Read more

Global Risk Appetite Improves as Major Indices Rise: Weekly Forex Forecast

The global risk appetite improved in the first week of March. The Dow Jones saw an uptick of 1.79% in the US, while the S&P followed suit with a 1.86% increase. In Europe, the Dax 40 increased by 2.59%, while the FTSE of London was up 0.46%. The Nikkei 225 gained 1.73% in Asia, while … Read more

Thousands of Ukrainians Enroll for Free Crypto Courses

Ukraine Minister of Digital Transformation Mykhailo Fedorov announced that Ukraine’s Digital Education portal had begun its first class with tens of thousands of Ukrainians enrolling; these classes are intended to initiate crypto literacy among Ukrainians. Minister Mykhailo Fedorov further announced that the crypto course is yet to become the biggest virtual asset development project in … Read more

Berkshire Hathaway Posts Record Annual Profit Despite Q4’s Deteriorated Returns

Berkshire Hathaway Inc, one of the world’s largest and most well-known conglomerates, owned by the legendary investor Warren Buffet, has reported its highest annual operating profit. This news comes despite a drop in profits for the fourth quarter due to foreign currency losses and lower gains from investment ventures. Buffet, known for his long-term investment … Read more

2022’s Investment Challenges: Growth Stocks Worth Considering Despite NASDAQ’s 21% Drop

Whether you’re a newbie or a pro, there are better years than 2022 if you’re interested in investing. The NASDAQ has dropped by 21%, and it’s uncertain when it will recover. Despite this, many investors are still investing heavily in growth stocks. Billionaires have been eyeing specific growth stocks that could provide a good return … Read more

GBP/USD Finds Neutral Ground Amidst Downward Trend as US Dollar Strengthens

GBP/USD Finds Neutral Ground Amidst Downward Trend At the beginning of the trading day, the pair experienced a slight increase in price which brought it up to the 1.2075 price region. However, this increase was short-lived, as the pair encountered a fresh supply, or an increase in sell orders, during the afternoon trading session. This … Read more

3 FTSE 100 Stocks with Over 2% Profit & Positive Growth Forecast for 2023 – Ryan Hogg’s Investment Tips

Ryan Hogg suggests three FTSE 100 stocks that offer a profit of over 2% and are expected to experience positive growth in 2023. The mid-February performance of the FTSE 100 has been impressive, with the UK avoiding a recession and price drops. Meanwhile, the US is adopting a hawkish turn based on analysis ratings and … Read more

Breaking Key Resistance Levels: Assessing FTSE 100’s Upward Trend

The FTSE index has been trying to break crucial resistance levels recently. But, according to market data and charts, the index has room to grow further in the coming weeks.  The FTSE 100 Despite the FTSE index’s recent gains, many market analysts believe it has room to grow further in the coming weeks. The index … Read more

Electronic Arts: Stock Prices Decline Amid Challenges, but History Suggests Upward Trend

Electronic Arts Downward Trend The Electronic Arts company, EA, has recently seen a decline in its stock price, with shares dropping by 6%. This underperformance contrasts with the Nasdaq, which has been experiencing strong growth in the new year. EA’s decline is largely attributed to their Q3 results, which came in $2.3 billion below consensus. … Read more

Technical Analysis Suggests Bullish Outlook for S&P 500 with Key Technical Levels to Watch

S&P 500 The recent decision by the FED to raise interest rates by 25 basis points was in line with what most analysts had expected. This move, combined with the Bank of England’s recent 50% rate hike, has contributed to a bullish state in US equities. While the Fed’s action is perceived as dovish compared … Read more

The Uncertain Future of the US Dollar: A Comprehensive Analysis of 2023 Trends

Despite a 10% decrease in value from September highs, the future of the US dollar appears uncertain as experts predict further weakening in the coming year. Despite a recent easing of inflation, economic indicators and market trends point to a potentially negative outlook for the world’s most widely traded currency. A range of factors, such … Read more