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What To Expect From Bank Of Japan's CBDC Pilot
April 10, 2021 10:37 AM AEST| By Team Kalkine MediaImage: Pixabay The Bank of Japan (BoJ) unveiled its central bank digital currency (CBDC) pilot project earlier this week. The experiment will analyze the viability of the virtual currency and consolidate efforts of other major central banks that are...
Will JPMorgan Continue to Soar?
April 10, 2021 06:20 AM AEST| By Team Kalkine MediaSource: pcruciatti, Shutterstock Summary JPMorgan Chase & Co. (NYSE: JPM) hit a new lifetime high and delivered a return of ~27 percent in the last three months. JPM Stock prices are trading in a rectangle channel formation on the daily ch...
What Does IMF’s World Economic Outlook Say in Detail?
April 10, 2021 06:10 AM AEST| By Furquan MoharkanSource: MuhsinRina, Shutterstock When the International Monetary Fund (IMF) raised global growth forecast in its April update, there was a certain degree of jubilation across the globe, which has been crippled by once a century pandemic. The global...
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FTSE 100 Ended Marginally Lower; US Equities Inched Higher
April 10, 2021 05:01 AM AEST| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media Pty Ltd. US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 8.93 points or 0.22 per cent higher at 4,106.10, Dow Jones Industrial Average Index su...
Prince Philip, Queen Elizabeth II’s Husband, Passes Away At 99
April 10, 2021 12:33 AM AEST| By Team Kalkine MediaSource: Pixabay Prince Philip, husband of Britain’s Queen Elizabeth II, passed away on Friday, April 9, the Buckingham Palace has announced. He was 99 years old. The palace wrote in its official statement that the Duke of Edinburgh “pas...
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Average house price hits new record high in March: Survey
April 09, 2021 09:44 PM AEST| By AbhijeetSource: Nopparat Khokthong, Shutterstock Summary Average house price in the UK has clocked a fresh record high in March 2021. On a Y-o-Y basis, the average price of a property in the UK grew by 6.5 per cent. Home sales in February increased t...
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FTSE 100 likely to resume winning streak as domestic sentiments outweigh global jittery
April 09, 2021 04:47 PM AEST| By AbhijeetCopyright © 2021 Kalkine Media Pty Ltd. Summary FTSE 100 index is expected to open slightly higher on Friday. Asian stock markets traded largely in the negative region. On Thursday, FTSE 100 finished at a fresh 52-week high of 6,942.22....
AstraZeneca’s COVID-19 vaccine: A look at recent challenges
April 09, 2021 04:09 PM AEST| By Team Kalkine Mediae links of blood clots after the administration of AstraZeneca’s jab. The COVID-19 vaccine manufactured by Oxford University and AstraZeneca Plc (LON:AZN) has been a part of controversy amid several nations suspending the vaccine's use, in...
What you should know about Bitcoin mining
April 09, 2021 01:07 PM AEST| By Aayushcoin miner uses his computing power to verify a transaction by solving the puzzle. Since the introduction of Bitcoin (BTC) in 2009 by Satoshi Nakamoto, it has excited investors, tech pros and everyday people alike. However, despite its fascinati...
ICE Cotton prices in a correction mode, more pain to continue?
April 09, 2021 10:36 AM AEST| By Team Kalkine MediaSource:Agnes Kantaruk, Shutterstock Summary Global production of Cotton is expected to rise by ~4.70 percent in 2021/22. Global consumption of cotton has increased by ~14.48 percent in 2020/21. The prices are sustaining above an upward slopin...
How Does NZ Government Plan To Lessen Carbon Emissions?
April 09, 2021 06:00 AM AEST| By Team Kalkine MediaSource: kamilpetran, Shutterstock Summary Countries across the globe are increasingly becoming aware of climate change and harmful carbon emissions. Paris Agreement 2020 to limit global warming to 2°C and the US plans to host Climate Leade...
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How London equities fared after a sharp rise in the UK construction activity?
April 09, 2021 04:16 AM AEST| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media Pty Ltd. US Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 11.36 points or 0.28 per cent higher at 4,091.31, Dow Jones Industrial Average...
British Firms Step Up Hiring in March, Says REC Survey
April 09, 2021 02:40 AM AEST| By Suhita PoddarSource:Things, Shutterstock Summary Sharpest rise was seen in permanent job vacancies in March after almost six years. Permanent vacancies rose at the sharpest pace for 32 months in the British private sector. Survey results highlight an impr...
GBP stays in green against USD as dollar index slips
April 09, 2021 02:37 AM AEST| By AbhijeetSource:CHAINFOTO24, Shutterstock Summary GBP traded higher against USD, maintaining most of its morning gains. The US dollar index retreated more than 0.30 per cent. BoE had fixed a reference exchange rate 1.3788 USD on 7 April. The Grea...
UK construction output in March expands at sharpest pace since Sep 2014: Survey
April 08, 2021 11:25 PM AEST| By AbhijeetSource: Sorn340 Studio Images, Shutterstock Summary The UK construction sector recorded growth in March 2021. The Markit UK Construction Index for March came in at 61.7. The House building index contributed the highest in construction activit...
Top 2 Crypto ETFs To Invest In 2021
April 08, 2021 11:19 PM AEST| By AnujSource: allstars, Shutterstock Purpose Investments unveiled the world’s first crypto ETF, Purpose Bitcoin ETF (TSX: BTCC.B), on the Toronto Stock Exchange in February 2021. Evolve Funds also launched its Bitcoin ETF (TSX: EBIT) to replicate th...
Kim Kardashian makes her debut on the billionaires’ list
April 08, 2021 05:15 PM AEST| By Team Kalkine Mediaenner clan. As per Forbes, Kim Kardashian is currently worth USD 1 billion. From a Twitter influencer to a billionaire in a span of 10 years, the story of Kim Kardashian indeed needs to be told. Kim first appeared in Forbes in 2011 for her nea...
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FTSE 100 set to open higher as investors’ optimism gathers pace
April 08, 2021 04:41 PM AEST| By AbhijeetCopyright © 2021 Kalkine Media Pty Ltd. Summary FTSE 100 is likely to open higher on Thursday continuing the market optimism. A part of optimism has been fuelled by the positive macroeconomic data. ONS is slated to announce the Construct...
Banks Can Take a Leaf Out of Jamie Dimon’s Speech
April 08, 2021 03:38 PM AEST| By Furquan MoharkanSource: Johnstocker Production, Shutterstock In his annual speech to the shareholders, the CEO of world’s fifth largest bank JP Morgan (NYSE: JPM) – Jamie Dimon – highlighted the importance of guarded approach that any financi...
Bitcoin vs Ethereum: Where to invest?
April 08, 2021 11:47 AM AEST| By AayushBitcoin and Ethereum have different networks aligned to their primary objective. Bitcoin (BTC) and Ethereum (ETC) are two of the most widely recognized, traded and used cryptocurrencies in the world. Bitcoin is one of the oldest cryptocurrenci.....
