Markets - Page 96

Sterling whipsaws after BoE decision

By Lukman Otunuga, Senior Research Analyst at FXTM Policymakers voted unanimously to leave interest rates unchanged at the current record low of 0.1% while a majority (7-1) voted to maintain government bond

5th August 2021

Markets/World

CEO-to-worker pay ratios at 300X for S&P500 companies

The average employee at an S&P 500 company would need about 300 years to match what the firm’s CEO made last year, with a chief executive’s average earnings estimated at $15.5 mln.

5th August 2021

Markets/World

Chinese IPOs raised $12.5 bln in 1H 2021, more than all 2020

This could be a record year for Chinese companies aiming at US capital markets. After a fantastic 2020 and the highest amount of funds raised since 2014, Chinese IPOs had a strong

4th August 2021

Markets/World

Tether tops most traded cryptos in July, Bitcoin-Ethereum see drop

Tether, Bitcoin and Ethereum remained at the top of the list of digital coins as an investment asset in July, with the latter two losing ground, as some cryptocurrencies are drawing much

3rd August 2021

Markets/World

More than 5.2 mln joined Millionaire Club amid pandemic

Worldwide wealth creation remained largely unaffected by the COVID-19 last year, with the pool of millionaires expanding once again, despite the pandemic having a devastating economic impact on economies around the world.

1st August 2021

Life & Society/Markets/World

Markets cheer dovish Fed, US Q2 GDP expands 6.5%

By Lukman Otunuga, Senior Research Analyst at FXTM A sense of positivity was in the air on Thursday thanks to dovish comments by the Federal Reserve overnight, the US Senate voting to

29th July 2021

Markets/World

Tanking China stocks a ‘buy’ opportunity?

A sharp drop in Chinese tech stock prices is seen as a major buying opportunity for some investors, despite a brief recovery, but they must exercise extreme caution, as fears mount over

29th July 2021

Markets/World

Markets cautious ahead of Big Tech earnings

By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares were mixed Tuesday morning with the Hang Seng painted red as investors kept a close eye on China following a crackdown on

27th July 2021

Markets/World

BoE’s ‘Britcoin’ will drive Bitcoin price higher, not lower

Britcoin, the Bank of England’s reported digital currency, rather than overtake Bitcoin, will push the cryptocurrency’s price higher, according to Nigel Green, CEO of leading advisory, asset manager and fintech deVere Group.

26th July 2021

Markets/World

Global startup funding spikes 157% YoY, tops $156 bln

The global startup funding has skyrocketed in recent quarters hitting new historical levels despite the economic effects of the coronavirus pandemic, suggesting the sector has recovered from the health crisis. According to

26th July 2021

Markets/World