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How is the Needle Moving on Greenback Amid Powell’s Latest Comments
February 24, 2021 09:12 PM AEDT| By Team Kalkine MediaAfter a tumultuous start to 2021, the US Dollar continues to remain volatile with bleak expectations of recovery for the remaining year. Bank experts are of the view that this dismal growth of the greenback was expected to continue throughout 2021 .....
Major shakeup at GameStop; CFO Jim Bell set to quit
February 24, 2021 08:34 PM AEDT| By Team Kalkine MediaSource: Shutterstock GameStop’s Chief Financial Officer Corp Jim Bell will be leaving the organisation in March this year, the video game giant informed today. The Company, in its official statement, sought to clear the air around the resigna...
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FTSE 100 Set to Open Lower as Asian Equities Witness Wipeout
February 24, 2021 06:06 PM AEDT| By AbhijeetUK stock markets are likely to open lower on Wednesday, 24 February, as inflationary fears rattled investors’ sentiments with most of the Asian equities registering a sharp plunge. The headline stock indices from Tokyo to Hong Kong, barring Ind...
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Why Have Holiday Bookings Suddenly Surged?
February 24, 2021 05:46 PM AEDT| By Team Kalkine Mediabookings; Greece, Spain, Turkey are the most favoured destinations. PM Boris Johnson’s announcement of the exit plan from lockdown led to a spike in holiday bookings. Johnson announced on Monday that the international travel ban might be l...
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How New Zealanders Can Invest In Different Types Of Cryptocurrency
February 24, 2021 03:31 PM AEDT| By Mark O'Donnellstors from having to purchase and manage digital assets themselves. New Zealanders can invest in Cryptocurrency with little restrictions. There are many different avenues available to New Zealanders, including direct and indirect methods. The m...
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Are Investors Exiting Tech Stocks For Other Growth Sectors?
February 24, 2021 10:46 AM AEDT| By Team Kalkine Medias. NASDAQ is down around 6% from its peak on February 12. Blue-chip tech stocks have seen a sixth-straight decline in recent days, but could this be a temporary market deviation or a deliberate shift of investors to other high-growth sectors?...
US Markets End Flat Despite Fed’s Supportive Rate Pledge
February 24, 2021 08:41 AM AEDT| By Team Kalkine Mediaarkets to maintain low rates, rules out inflation pressure for now. US stock markets ended flat for a second consecutive day on Tuesday despite the Federal Reserve’s reassertion to keep the interest rates unchanged and positive retail earn...
How British equities performed after an increase in the unemployment rate to 5.1%?
February 24, 2021 08:22 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 28.41 points or 0.73 per cent lower at 3,848.09, Dow Jones Industrial Average Index declined by 140.50 points or 0.45 per cent lower at 31,381...
Why UK’s Staggering Unemployment Rate Is A Cause of Concern
February 24, 2021 12:50 AM AEDT| By Team Kalkine Mediareased about 83,000 in January The Covid-19 pandemic has led the unemployment rate in the UK, rising to 5.1 per cent in the fourth quarter of 2020, government data from Office for National Statistics (ONS) showed. Compared to the third quarter,...
Roadmap to Recovery: Prime Minister Boris Johnson Unveils the 4-Step Plan
February 23, 2021 11:37 PM AEDT| By Team Kalkine MediaAddressing the House of Commons on Monday (22 February), British Prime Minister Boris Johnson disclosed a four-step cautious roadmap for the removal of lockdown restrictions. The new strain of the coronavirus that had emerged in the Unit.....
UKEF Launches Financing Scheme to Amplify Exports
February 23, 2021 11:32 PM AEDT| By Team Kalkine MediaWith the completion of the Brexit transition and the introduction of the newly-orchestrated arrangement between the United Kingdom and the European Union, the government is taking periodic measures in order to keep up the cross-border trade.....
Grit’s Step-Up to A Premium Listing Expected to Boost Both Business and Liquidity
February 23, 2021 09:43 PM AEDT| By Team Kalkine MediaSummary Grit’s application for a step-up to a Premium Listing was accepted in January this year Benefits of the Premium Listing will support its sustained growth and the creation of stakeholder value in the long-term Founded .....
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FTSE 100 Likely to Open in Green as PM Johnson Lays Out Exit Roadmap
February 23, 2021 08:35 PM AEDT| By Team Kalkine MediaUK stock markets are likely to open on a positive footing on Tuesday, 23 February, as Prime Minister Boris Johnson outlined the exit roadmap that is likely to be followed by easing the restrictions across various parts of England. With the ongoing va...
Facebook ‘re-friends’ Australia, set to lift news ban
February 23, 2021 08:32 PM AEDT| By Team Kalkine MediaSource: Shutterstock In a major triumph for Australia, US tech giant Facebook has finally struck a reconciliatory note with the country’s Federal Government. Australian Treasurer Josh Frydenberg informed that Facebook boss Mark Zuckerber...
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Bitcoin rally hits a roadblock; price falls after Musk's tweet
February 23, 2021 06:36 PM AEDT| By Team Kalkine Mediacoin is an unpredictable asset, fearing investors might take a hit. The most popular cryptocurrency in the world, bitcoin, sank nearly 10% on Monday, dipping below the 50K-mark at one point and traded at USD 48,383.0. Bitcoin trading is hi...
Sunak may extend coronavirus support into summer
February 23, 2021 06:08 PM AEDT| By Team Kalkine Medianavirus restrictions are still in place can be effectively managed. Rishi Sunak, finance minister, UK is all set to spend billions of pounds to keep supporting the economy over the next four months, as the ongoing lockdown threatens survival of...
Bill Gates' game plan on how to avert a climate disaster
February 23, 2021 03:22 PM AEDT| By Team Kalkine MediaSource: Shutterstock “How to Avoid a Climate Disaster”, the latest book by tech philanthropist Bill Gates is the talk of the town. From environmentalists to governments, all want to dig into the thoughts of the Microsoft legend about the...
US Markets End Lower, Weighted Down By Tech Stocks, Consumer Cyclicals
February 23, 2021 08:37 AM AEDT| By Team Kalkine Mediaignal higher optimism in the markets of a faster economic recovery. US stock markets ended lower on Monday, weighted down by traditional blue-chip stocks which appeared less attractive as more options open-up for investors amid improvement in th...
Did FTSE 100 trade lower due to fears of higher inflation; Enquest stock soared by 12.43%
February 23, 2021 08:09 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 26.36 points or 0.67 per cent lower at 3,880.35, Dow Jones Industrial Average Index declined by 125.76 points or 0.40 per cent lower at 31,368...
‘Dojo 4 Doge’: Elon Musk’s Dogecoin Tweeting Spree Continues
February 23, 2021 02:34 AM AEDT| By AnujSource: Shutterstock Tesla owner has once again tweeted on his favorite meme-based cryptocurrency, Dogecoin. This time, just three words: “Dojo 4 Doge.” Elon Musk’s followers and the Reddit legion have started speculating on this...
