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News
What advice to follow before purchasing bitcoin and other cryptocurrencies?
September 21, 2020 08:25 PM AEST| By Edita IvancevicIf you have been thinking about purchasing bitcoin, or other cryptocurrencies, since the pandemic started, you are not the only one that who given some thought to the idea. Crypto sales have been rising since the economies around the world started.....
DeFi Led Sentiments Keep Bitcoin Afloat
September 21, 2020 07:05 PM AEST| By Team Kalkine MediaBitcoin prices are finally rebounding after meeting the head and shoulder pattern’s price target. The currency has recovered from USD 9,964.10 (intraday low on 7 September 2020) to the present high of USD 11,127.00 (intraday high on 19 Septem.....
Bitcoin vs Gold: Can the cryptocurrency replace the oldest safe haven?
September 21, 2020 05:37 PM AEST| By Edita IvancevicIn the past few years, bitcoin has often been referred to as “the new gold”, because its value changes more like that of commodities than fiat currencies. This is also why more shareholders have taken an interest in cryptocurrency, as t.....
Iron Ore Resurgence and Improved Rating for ASX Miners, Goldman Upgrades BHP Shares
September 21, 2020 04:43 PM AEST| By Team Kalkine MediaIron ore prices are finally showing a rebound across China. Robust demand from China amid high steel production along with early indications of potential disruption in the Australian iron ore supply amid political dispute is keeping the price afloa.....
Spotify’s Internal Struggle Heats Up Over Hosting of Joe Rogan’s Podcast
September 21, 2020 03:56 PM AEST| By Team Kalkine MediaThe signing of a podcaster, Joe Rogan, to a multi-year exclusive licensing deal in May 2020 certainly gave a boost to Spotify Technology S.A. (NYSE:SPOT) share price, but then it also heated up an internal struggle in the Company. ‘The Joe R.....
Pound Falls As Interest Rates Could Turn Negative In 2021
September 20, 2020 10:25 AM AEST| By Team Kalkine MediaThe Bank of England (BoE) has informed that its officials are preparing for a possibility of pushing the interest rates below zero during the next year 2021 to drive the private sector investments across Britain. Many other regions such as the Eur.....
Is the BNPL market heading towards PayPal dominance?
September 20, 2020 01:07 AM AEST| By Kunal SawhneyThe pandemic has taken a toll on the world economy with GDP growth declining in various countries. Earnings across various industries such as travel, hospitality, and financial sector took a hit. Ironically, the retail industry, especially online s.....
Crude oil recovering steadily, Tailwinds to drive the pace over 2020
September 20, 2020 12:59 AM AEST| By Team Kalkine MediaCrude oil prices slumped after 3 days of consecutive gains following the resumption of crude oil facilities in the Gulf of Mexico. Hurricane Sally finally diminished after disrupting oil operations for 5 days. The OPEC+ group had been maintaining d.....
Westpac Forecasts 15% Spike in House Prices- Real Estate Weathering The COVID-19 Storm?
September 20, 2020 12:51 AM AEST| By Hina ChowdharyThe focus on economic recovery will be a constructive environment for the Australian housing market. The COVID–19 pandemic is an extraordinary occurrence, unlike any shocks or cycles that the world has encountered since most macroeconomic me.....
Pet grooming services to reopen, families and industry welcome the move
September 20, 2020 12:38 AM AEST| By Kunal SawhneyWhen it comes to pets, many Australians are willing to go the extra mile for their pet's well being. In fact, according to the Animal Medicines Australia (AMA) study conducted in 2019, there are almost 29 million pets in Australia today, which is m.....
Saudi and Russia go stern on OPEC+ laggards, Look at ASX Oil players
September 20, 2020 12:26 AM AEST| By Team Kalkine MediaOn 17 September 2020, OPEC and its allies reinforced the need to meet the production cut compliance as crude oil continues to be under pressure. The group intends to reduce the volatility in the International crude market. Further, the group is cl.....
Retail Stores staring down the barrel as Online Shopping surges
September 19, 2020 03:38 AM AEST| By Team Kalkine MediaRetail sales witnessed record-breaking upswing in 2020 amid COVID-19. Australia majorly curbed the spread of coronavirus (except for Victoria) and reopened its economy earlier than expected in May, while permitting retail outlets and restaurants to.....
Yoshihide Suga takes over Japan’s reigns: A difficult road ahead?
September 19, 2020 12:00 AM AEST| By Team Kalkine MediaJapan’s longest-serving Prime Minister, Shinzo Abe steps down from the power on account of his chronic health issues. His abrupt departure, however, leaves a trail of challenges that would require dedicated focus from his successor, Chief Cab.....
COVID-19 Travel Curbs Casting Dark Shadows on Australia’s Elite Sports Industry?
September 19, 2020 12:00 AM AEST| By Team Kalkine MediaWhile Australia has been enjoying billions of dollars in revenue from the sports domain over the past several years, the year 2020 is as different as chalk and cheese. No wonder, COVID-19 is the reason! The pandemic-driven travel and border restric.....
Buffett-backed Snowflake Makes Bumper Market Debut, All That You Need to Know!
September 18, 2020 08:48 PM AEST| By Team Kalkine MediaWhile the IPO market went into a deep freeze in the first half of the year amidst COVID-19-induced fears, the market seems to be springing back to life on rebounding equities and economic recovery hopes. Tapping lucrative opportunity in the revivin.....
How is cryptocurrency going to be regulated in the EU?
September 18, 2020 07:49 PM AEST| By Edita IvancevicNot so long ago, most nations did not completely regulate cryptocurrencies. However, a recently leaked European Commission draft suggests that the EU will soon have laws and regulations that will monitor the capital gained from these digital assets.....
Why we do not understand Bitcoin?
September 18, 2020 07:23 PM AEST| By Edita IvancevicWhen bitcoin emerged back in 2009, no one would have thought it would come to the level where it is, at the present time. It was greeted with scepticism because everyone was used to fiat currencies, thinking that bitcoin was not genuine since it di.....
Brexit deal: EC President says chances fading away every day
September 18, 2020 07:15 PM AEST| By Team Kalkine MediaThe European Union (EU) chief executive said on 16 September 2020 that chances for the Brexit deal are fading every day as very little time is left to put the deal in place. Ursula von der Leyen, the President of the European Commission (EC) said t.....
TikTok Jumping Through Hoops: Anticipated IPO & Hunt For A New CEO Amid White House Decision
September 18, 2020 06:16 PM AEST| By Team Kalkine MediaTikTok has become the hottest point of disagreement between the world’s biggest economies, the United States and China, which have battled over trade, security, and tech dominance amid growth virus spat. The popular short video app, especial.....
US stockpiles Dry up, a big boost for oil prices. Is oil headed higher from here?
September 18, 2020 05:57 PM AEST| By Team Kalkine MediaU.S. crude oil stockpiles are declining as imports from Saudi Arabia are declining and exports rising. The exports have increased by 1.2 million barrels per day, with China being the major consumer. China has imported nearly 1 million barrels per d.....
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