Nine countries currently explicitly ban cryptocurrencies, while 42 others are less firm even if they consider them illegal. Cryptocurrencies should be banned: That’s the verdict from Bank of Russia, the country’s central bank. It casts Read more…
Andreey from Getty Images; Canva What Is a Basis Point? A basis point is the smallest unit of measurement in finance. Accountants, bankers, and other financial professionals use basis points to discuss amounts that are Read more…
Apple, Tesla and Microsoft will highlight a key series of earnings next week as investors look for a lifeline out of the worst January performance for the Nasdaq in more than a decade. With the Read more…
Netflix stock is getting crushed after the earnings report. Is it time to buy or get out of the way? Stocks fell on Wednesday, had a nasty bearish reversal on Thursday — and then Netflix Read more…
Instagram and TikTok gear up creator subscriptions as influencer marketing industry is on track to be worth up to $15 billion this year. The power of influencers has surged over the last few years and Read more…
House Speaker Pelosi, who has opposed legislation banning Congress members from trading individual stocks, signals she’s open now to advancing it. The idea is that elected representatives doing the People’s work and crafting laws that Read more…
The latest PMI business surveys for the euro area will hit the markets early on Monday, starting with the French numbers at 08:15 GMT. Forecasts suggest the Eurozone economy lost further steam thanks to Omicron Read more…
A jam-packed week for central banks and economic releases is coming up as the inflation story continues to grip the markets. With the price data pointing up and bond yields fired up, investors are expecting Read more…
Risk sentiment remained on the back foot this week, with market focus centring on a continued rise in global yields. US 10Y Treasury yields closed in on 1.9% – up 35bp since the start of Read more…
Following a solid increase in October, retail sales continued to rise in November gaining 0.7% on the month. Looking ahead, the picture appears less bright, with Statistics Canada’s flash estimate projecting a 2.1% decline in Read more…