May 18 2023 🕓 5 min
Are we in a recession? The answer may surprise you
People may panic when the times are bad, but things like a long-term strategy and cash on hand can prevent people from behaving irrationally.
Market Movers
May 12 2023
NZD weakens on all fronts
The New Zealand dollar (NZD) fell on all fronts on Friday. NZD/USD is down 1.4% and NZD/JPY dropped 1.2%, while GBP/NZD is up 1.3%.
May 12 2023
Inflation levels update
The annual inflation rate in India dropped from 5.6% in March to 4.7% in April. Brazil’s inflation fell from 4.6% to 4.1%. However, inflation in Spain accelerated from 3.3% to 4.1%, and France’s inflation jumped from 5.7% to 5.9%.
May 12 2023
Mark Cuban praises AI
The potential of AI, according to Mark Cuban, is “beyond anything I’ve ever seen,” and he compared ChatGPT to the early days of the internet. Cuban has a straightforward piece of advice for businesses: join the AI race or perish. Cuban stated, “There are two types of companies in the world: those who are great at AI and everyone else.”
March 11 2023 🕓 4 min
Are we in contagion, bank run or recession? What do the experts say?
Fear is spreading around the financial world, with the likes of contagion, bank run or recession being ever more mentioned. Are the markets really in trouble?
March 9 2023 🕓 3 min
Markets are awaiting NFP data – will it make or break the week?
Traders' sanity hangs by a thread as the Friday's NFP jobs data will reveal what could come next in regards to hikes.
March 8 2023 🕓 3 min
More Fed fears are fueling increased volatility
Fed char Powell keeps traders on the edge as rates might be hiked more rapidly again. Next stop, NFP data on Friday.
March 7 2023 🕓 3 min
Hawkish Powell destroys hopes for a green day
The hawks of the Fed prevailed and hunted down Wall Street, putting an end to a positive week.
March 6 2023 🕓 3 min
The markets reflect anticipation of a big data week
Traders are on their feet at the start of a mega data driven week. This has not been in favor of the US dollar so far.
March 3 2023 🕓 3 min
A green week for the markets – dollar retreats
Stocks and commodities prevail as market sentiment seems to be shifting. The week finally ended green for the markets.
March 2 2023 🕓 3 min
Not all Fed officials are in the hiking zone
US market rallied late today as Atlanta Fed's chair stated he does not support more than 25bps hikes.
March 1 2023 🕓 3 min
First day of March brings fresh inflation wind
The dollar ran out of steam as euro bulldozed over the FX board with fresh German inflation data. ECB renewed it's hawkish stance.
February 28 2023 🕓 3 min
The bleak Fed sentiment continues
The hesitant Fed sentiment continues and US dollar keeps gaining ground all across the board. Wall Street suffers.
February 27 2023 🕓 3 min
Wall Street finally bounced back boosted by new data
A brief rebound in Wall Street stocks kick off the week. US dollar finally retreats.
February 26 2023 🕓 7 min
Seven simple investment strategies to make steady returns
Discover simple investment strategies that can help you achieve your financial goals and build long-term wealth with ease.
February 25 2023 🕓 8 min
Diversification – a key to successful investing
Don't put all your eggs in one basket. Discover why diversification is essential for investors looking to minimize risk and maximize returns.