US Independence Day, 2021: the American economy still leads the world

On July 4th, the United States will celebrate its 245th Independence Day. Despite being the strongest economy in the world, the US has gone through economic slumps from time to time. However, it has remained resilient, and a manifestation of that is that the dollar remains the world’s preferred currency. From meagre beginnings to economicContinue reading “US Independence Day, 2021: the American economy still leads the world”

Inflation: The cash-eating parasite we forget about

Let’s begin with the complex reality of investing and money: the latter doesn’t grow on trees and everybody wants a piece of yours. There are parties (or parasites) that chip away at your hard-earned cash: some brokers charging ridiculous fees, fund managers doing the same, or the government collecting taxes. However, there is one “charge”Continue reading “Inflation: The cash-eating parasite we forget about”

Investing in times of economic crisis and beyond

“An investment in knowledge pays the best interest.”  – Benjamin Franklin  When it comes to investing, nothing pays off more than educating yourself. Do the necessary research, study and analysis before making any investment decisions. The Covid-19 pandemic crisis and the resulting economic recession arose out of nowhere. Although it has often been described asContinue reading “Investing in times of economic crisis and beyond”

A Beginner’s Guide to Commodity Trading

What are commodities? A commodity is a basic good or raw material that is used to produce more complex goods. You can think of commodities as the building blocks of the global economy – they’re used to create products that we rely on every day. Examples of commodities include oil, gold, copper, and sugar. What separates commodities from other goods is the factContinue reading “A Beginner’s Guide to Commodity Trading”

Weekly Stock Market Update: Deliveroo Value Rises to More Than $7 Billion Ahead of Future IPO

Last Week’s Top Five Market Winners Nasdaq Stock Market (NASDAQ) The past seven days welcomed positive results for BioNano Genomics Inc. (BNGO), Tilray Inc. (TLRY), Globalstar (GSAT), Gevo Inc. (GEVO) and Tellurian Inc. (TELL) on the Nasdaq Stock Market. BioNano Genomics Inc. (BNGO) stocks had another strong week, up +79.36% following the company’s Next-Generation Cytogenomics Symposium.Continue reading “Weekly Stock Market Update: Deliveroo Value Rises to More Than $7 Billion Ahead of Future IPO”

2021 opens with a bang for investors

It was a wild ride for Wall Street last year, with the coronavirus pandemic sending both economies and financial markets into turmoil. But despite the collapse of share prices in March and February, the US stock market ended the year on a record high. Many people are now hoping the worldwide rollout of vaccines andContinue reading “2021 opens with a bang for investors”

Weekly Stock Market Update: Tesla Beats 2020 Delivery Estimates

Last Week’s Top Five Market Winners Nasdaq Stock Market (NASDAQ) The past week proved positive for BioNano Genomics Inc. (BNGO), Canaan Inc. (CAN), Riot Blockchain Inc. (RIOT), CleanSpark Inc. (CLSK) and Pinduoduo Inc. (PDD) on the Nasdaq Stock Market. News that BioNano Genomics Inc. (BNGO) would be granted a 180-day compliance extension by Nasdaq saw the valueContinue reading “Weekly Stock Market Update: Tesla Beats 2020 Delivery Estimates”

What’s in store for Gold, Oil and Bitcoin in 2021?

The only thing less clear than how to live in the shadow of a global pandemic is trying to guess where world markets will move in reaction to the latest news about it. Looking back over 2020, it is difficult for anyone to have predicted what was going to happen – and looking forward, itContinue reading “What’s in store for Gold, Oil and Bitcoin in 2021?”

Global shares follow UK lower as new virus strain sends jitters through markets

Global markets fell overnight, with shares in Asia following the US and UK lower, and only uncorrelated safe havens like gold holding firm, as a new, more virulent strain of the coronavirus takes hold. Japan’s Nikkei and Hong Kong’s Hang Seng both dipped (down 1% and 0.8% respectively), mimicking losses in the US and UKContinue reading “Global shares follow UK lower as new virus strain sends jitters through markets”

Lawmakers reach $900bn stimulus deal as UK hit by new coronavirus strain

On Sunday evening, lawmakers reached a deal on a near $900bn stimulus package to help sustain the US economy as the pandemic continues to ravage the country. Recent economic data has highlighted an urgent need for stimulus, with weak retail sales figures and increasing jobless claim figures, demonstrating the fragility of the US economic recovery.Continue reading “Lawmakers reach $900bn stimulus deal as UK hit by new coronavirus strain”

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