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Claim to Shake Markets: US President to Sign Cryptocurrency Law This Week

Claim to Shake Markets: US President to Sign Cryptocurrency Law This Week

White House sources have announced that US President Joe Biden will be able to sign the cryptocurrency decree in a few days. This decree will authorize the Federal Reserve to work on the digital dollar. In addition, the crypto money strategy of the USA will be determined with this decree. Cryptocurrencies, which have become the … Read more

Gold Breaks Record, Bitcoin Bottoms Out: Okay, Why All Markets Turned Upside Down Because Russians Entered Ukraine?

Gold Breaks Record, Bitcoin Bottoms Out: Okay, Why All Markets Turned Upside Down Because Russians Entered Ukraine?

The Russian army officially entered Ukraine last night, while the global markets turned red, gold and oil broke the records of recent times. So, why did this political crisis between the two countries turn all markets from crypto to gold upside down?The long-standing tension between Russia and Ukraine has reached its peak in recent weeks … Read more

Boris Johnson: Conflict in Ukraine could be the 'biggest war in Europe since 1945'

Boris Johnson: Conflict in Ukraine could be the 'biggest war in Europe since 1945'

A Russian invasion of Ukraine would lead to sweeping economic sanctions on Russian companies, preventing them from trading with US dollars and UK pounds, UK Prime Minister Boris Johnson said Sunday. The impact of sanctions will extend beyond Russian President Vladimir Putin’s inner circle to “all companies and organizations of strategic importance to Russia,” Johnson … Read more

Buy the dip? Why the stock market’s bounce off January lows may prove premature

Buy the dip? Why the stock market’s bounce off January lows may prove premature

A big stock-market bounce after an ugly January might reflect misplaced confidence in a previously tried-and-true trading strategy, a Wall Street analyst warned on Monday. “After a tough markdown of stocks in January, some investors have shown interest in ‘buying the dip,” wrote Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, in a … Read more

Rupee can depreciate another 4% despite RBI's liquidity support measures

Abhishek Goenka, IFA Global

The Reserve Bank of India (RBI) has launched a series of measures to help the economy weather the current crisis. He launched targeted long-term repo operations (TLTRO) 2.0 of Rs 50,000 crore. Banks would be required to deploy at least 50% of the funds made available under this facility in bonds of small non-bank finance … Read more