Economy


 Altcoin market wrap: ADA reenters top 10, AAVE flips crucial resistance, RENDER consolidates

Altcoin market wrap: ADA reenters top 10, AAVE flips crucial resistance, RENDER consolidates

September 25, 2024 07:35 AM AEST| By Invezz

The altcoin market exhibited mixed signals as Bitcoin struggled to reclaim the $64,000 mark, trading at $63,782 at the time of this publication. Cardano has rejoined the top ten cryptocurrencies by market capitalization, AAVE is targeting $200 after...

 Eurozone business activity contracts in September, raising recession fears

Eurozone business activity contracts in September, raising recession fears

September 24, 2024 01:04 AM AEST| By Invezz

Eurozone business activity unexpectedly contracted in September, signaling deepening troubles in both the services and manufacturing sectors. The region’s Purchasing Managers’ Index (PMI), compiled by S&P Global, plummeted to 48.9 fro...

 Britain is sinking deeper into debt: Will they find a lifeline?

Britain is sinking deeper into debt: Will they find a lifeline?

September 23, 2024 03:16 PM AEST| By Invezz

Britain’s national debt has recently hit a critical threshold, reaching 100% of GDP for the first time in more than six decades.  As the country faces mounting financial pressures, Chancellor Rachel Reeves is gearing up for her first Budget on O...

 Bitcoin Dogs (0DOG) price forecast as BTC eyes $70K on Fed rate decision and ETF flows

Bitcoin Dogs (0DOG) price forecast as BTC eyes $70K on Fed rate decision and ETF flows

September 18, 2024 07:30 PM AEST| By Invezz

Bitcoin jumped nearly 4% in the past day to trade above $60.42K at press time. Enhanced sentiments toward the upcoming Federal rate decision, the US economy, and US Bitcoin spot ETF flows drove BTC’s jump. The current broad market sentiment positions...

 UK inflation steady at 2.2% in August, services sector prices rise

UK inflation steady at 2.2% in August, services sector prices rise

September 18, 2024 07:22 PM AEST| By Invezz

The UK’s inflation rate held steady at 2.2% in August, according to data released by the Office for National Statistics (ONS) on Wednesday. This figure, unchanged from July, aligns with predictions made by economists in a recent Reuters poll. T...

 Is there still hope for China’s economy?

Is there still hope for China’s economy?

September 17, 2024 08:36 PM AEST| By Invezz

China’s economic outlook has grown increasingly uncertain in recent months as key indicators continue to disappoint.  With industrial output, retail sales, and property investment all showing signs of weakness, doubts are mounting over whe...

 FTM, TIA, and SUNDOG poised for continued recovery as potential Fed rate cut looms

FTM, TIA, and SUNDOG poised for continued recovery as potential Fed rate cut looms

September 17, 2024 08:29 PM AEST| By Invezz

This week remains vital for the financial industry, with markets expecting tomorrow’s first rate cut by the Federal Reserve since 2020. The previous interest rate reduction triggered a bull run in the crypto market, and analysts expect the same this...

 JD Vance explains why Trump’s China trade stance is misunderstood

JD Vance explains why Trump’s China trade stance is misunderstood

September 13, 2024 01:32 AM AEST| By Invezz

JD Vance tries to explain that Trump isn't necessarily anti-China. He only wants to protect American interests by having less reliance on the Asian giant.

 Trump responds to Taylor Swift’s endorsement of Kamala Harris, claims she’ll “pay a price”

Trump responds to Taylor Swift’s endorsement of Kamala Harris, claims she’ll “pay a price”

September 12, 2024 01:40 AM AEST| By Invezz

Former President Donald Trump has sharply criticized pop superstar Taylor Swift after she publicly endorsed Kamala Harris for the 2024 US presidential election. Swift, who has more than 283 million Instagram followers, announced her support for Harri...

 Here’s why Unicredit, Deutsche Bank, Santander shares have slipped

Here’s why Unicredit, Deutsche Bank, Santander shares have slipped

September 11, 2024 09:41 PM AEST| By Invezz

Most European bank stocks have pulled back in the past few weeks as the spectacular rally experienced earlier this year eased. In Spain, Banco Santander stock was trading at €4.25 on Wednesday, down by 13.6% from its highest point this year.  In...

 UK economy stagnates for second consecutive month as growth falters

UK economy stagnates for second consecutive month as growth falters

September 11, 2024 07:12 PM AEST| By Invezz

The UK economy unexpectedly stagnated for the second consecutive month in July, signaling deeper challenges for the newly-elected Labour government, which has committed to revitalizing the country’s growth prospects. Despite optimistic forecasts of 0...

 Harris and Trump to face off in high-stakes debate: key things to watch out for

Harris and Trump to face off in high-stakes debate: key things to watch out for

September 11, 2024 01:34 AM AEST| By Invezz

Kamala Harris and Donald Trump will meet face to face for the first time on Tuesday in the much-anticipated US presidential debate. The debate marks a pivotal moment in the 2024 race, as both candidates vie for the presidency. While Vice President Ha...

 Kamala Harris vs. Donald Trump: Key takeaways from polls ahead of crucial debate

Kamala Harris vs. Donald Trump: Key takeaways from polls ahead of crucial debate

September 10, 2024 12:12 AM AEST| By Invezz

The upcoming debate between Vice President Kamala Harris and former President Donald Trump on Tuesday is set to be a defining moment in the 2024 election cycle. With the race currently locked in a near dead heat, both candidates face immense pressure...

 The job market is cooling, but don’t panic yet: Here’s what the numbers really mean

The job market is cooling, but don’t panic yet: Here’s what the numbers really mean

September 09, 2024 10:10 PM AEST| By Invezz

The latest job report for August 2024 has caused quite a stir, especially among those keeping a close eye on the economy. With the US adding only 142,000 jobs—much fewer than the expected 165,000—and the unemployment rate rising to 4.2%, this report...

 China’s CPI rises 0.6%, missing expectations as transportation and home goods prices drop

China’s CPI rises 0.6%, missing expectations as transportation and home goods prices drop

September 09, 2024 03:39 PM AEST| By Invezz

China’s consumer price index (CPI) increased by 0.6% year on year in August, falling short of the 0.7% growth anticipated by analysts. The slower-than-expected rise reflects a decline in prices for transportation, home goods, and rents, which h...

 Trump tells Jewish donors Harris presidency would mean end of Israel

Trump tells Jewish donors Harris presidency would mean end of Israel

September 07, 2024 05:49 AM AEST| By Invezz

The upcoming US presidential election is set to be a pivotal moment for US-Israel relations, as former President Donald Trump warns that Israel’s future is at risk if Vice President Kamala Harris wins the White House. Speaking to Jewish donors...

 Trump poses no serious threat to American democracy, historian Niall Ferguson says

Trump poses no serious threat to American democracy, historian Niall Ferguson says

September 07, 2024 01:36 AM AEST| By Invezz

Historian Niall Ferguson has downplayed the notion that former US President Donald Trump poses a significant threat to American democracy.  Speaking at the Ambrosetti Forum in Italy, Ferguson told CNBC that the fears of Trump undermining democra...

 Will a 50 basis point cut by the Fed save the economy?

Will a 50 basis point cut by the Fed save the economy?

September 06, 2024 07:21 PM AEST| By Invezz

As the next Federal Open Market Committee (FOMC) meeting approaches, speculation is intensifying over the Federal Reserve’s next move. With the economy sending mixed signals, investors are eagerly anticipating a rate cut at the upcoming Federal...

 Trump promises to appoint Musk as head of ‘government efficiency commission’ if re-elected

Trump promises to appoint Musk as head of ‘government efficiency commission’ if re-elected

September 06, 2024 06:57 AM AEST| By Invezz

In a bid to boost his popularity, Trump has included Elon Musk's Department of Government Efficiency (DOGE) in his blueprint for economic recovery.

 Why Malik Obama, Barack’s half-brother, supports Trump for 2024

Why Malik Obama, Barack’s half-brother, supports Trump for 2024

September 06, 2024 02:19 AM AEST| By Invezz

Malik Obama, a Kenyan-American businessman and half-brother of former President Barack Obama, has made headlines by endorsing Donald Trump for the 2024 US presidential election. This unexpected endorsement has stirred political circles, particularly...

Recent Articles






Investing Tips

Previous Next