Gold shone brightly today, racing to a new high while crypto took the back seat, and the gap between the two assets opened wide. Related Reading On Monday,…
Read more Gold Hits Record $5K While Bitcoin Struggles To Keep PaceA group of prominent downtown Vegas casinos has announced a new initiative to accept the Canadian dollar at par with the American dollar. The promotion, which began this…
Read more Vegas Casinos Accept Canadian Dollars as US • This Week in GamblingExchange-traded fund inflows have already topped monthly records in 2024, and managers think inflows could see an impact from the money market fund boom before year-end. “With that…
Read more ETFs are on pace to break record annual inflows, but this wild card could change it allShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Alvin Tan, Head of Asia FX Strategy at RBC Capital Markets cites elevated inflation rates…
Read more RBC Capital Markets: Market pricing of RBA rate cuts “totally misplaced”The record gold rush may intensify into year-end. According to NewEdge Wealth’s Ben Emons, the final month of the year typically creates a bigger appetite for the yellow…
Read more Case for gold fever: NewEdge Wealth sees record rush intensifyingViewing cryptocurrency as “digital gold” may be a mistake. State Street Global Advisors’ George Milling-Stanley, whose firm runs the world’s largest gold exchange-traded fund, believes cryptocurrency is no…
Read more Why substituting cryptocurrency for gold exposure may be a costly mistakeThe artificial intelligence trade may be leaving investors vulnerable to significant losses. Evercore ISI’s Julian Emanuel warns Big Tech concentration in the S&P 500 is at extreme levels.…
Read more A.I. trade is leaving investors vulnerable to painful losses: EvercoreAs luxury stocks make waves overseas, State Street Global Advisors believes investors should consider European ETFs if they want to capture the gains from their outperformance. Matt Bartolini,…
Read more Major Wall Street firm sees a breakout in luxury stocks — and lists three reasons why ETFs are a great way to play itThere’s a corner of the market gaining traction among ETF investors, according to The ETF Store’s Nate Geraci. The firm’s president finds international ETFs are experiencing stronger inflows.…
Read more BofA reports inflows into global stocks are on a record-setting pace — and ETFs may be a way to play the hot tradeIndia’s central bank should allow rupee to depreciate gradually and use foreign exchange reserves judiciously, the government’s chief economic adviser V. Anantha Nageswaran on Monday. Nageswaran comment on…
Read more India should allow gradual rupee weakening, use fx reserves ‘judiciously’ – govt adviserUS stock futures slipped in Asia on Monday after Beijing denied it was considering easing its zero COVID-19 policy, helping the dollar recover some losses while dealing a…
Read more US stocks dip, dollar up as China sticks to pandemic policyFinance minister Nirmala Sitharaman, who has been speaking about India’s growth story and robust economy during her recent interactions, has said that in the current scenario, the Indian…
Read more ‘Rupee is not sliding, dollar is strengthening,’ says FM Nirmala SitharamanThe International Monetary Fund (IMF) on Friday put out a detailed note suggesting ways the countries can respond to a strong US dollar, which has weakened other currencies…
Read more IMF warns central banks against taking this one step as they fight strong US dollarThe Indian rupee has weakened essentially due to the strengthening of the dollar index but it is holding well as compared to currencies of other emerging market economies,…
Read more Indian rupee’s depreciation essentially due to strengthening of dollar index: SBI chairman
