Blogs

Popularized in the 1970s, the misery index adds the year-on-year inflation rate to the unemployment rate to create a summary index of an economy’s economic performance. When used as gauge of how consumers might perceive economic performance, the misery index embodies a fundamental flaw by treating rising unemployment and rising prices as equa

<p>&nbsp;Here are some of the important economic data that will be the focus of the market throughout this week.</p><p><br /></p><p>TUESDAY (January 23, 2024):</p><p>BOJ Policy Meeting (Asia Session) – Japan's central bank is expected to keep interest rates low at -0.10%. A speech by governor

<p>&nbsp;"Hmm if we look at the price of BTC it's like flat right?"</p><p><br /></p><p>Shortly after plunging to $40,300, cryptocurrency king Bitcoin (BTC) climbed back to $41,630 as BTC options now look so cheap that some traders want to take advantage of the same to increase bullish bets.<

<p>&nbsp;The US dollar showed a strengthening trade at the beginning of last week, but at the end of the week the movement started to level off.</p><p><br /></p><p>Investors are still cautious in keeping an eye on the latest indications leading to the FOMC meeting in early February with some economic data fro

<p>&nbsp;"Wow, it looks like Elon Musk founded the xAI company, do you already know?"</p><p><br /></p><p>In response to a user post on X, billionaire Elon Musk denied the accuracy of a report that claimed his artificial intelligence (AI) firm called xAI generated $500 million of its $1 billion goal

<p>&nbsp;Last week, a fire broke out at a Ryazan oil refinery which is the third largest plant in Russia.</p><p><br /></p><p>According to media reports, the fire was successfully controlled by the fire department and there were no injuries.</p><p><br /></p><p>However, the Russian

<p>&nbsp;"Damn, why is Justin Sun acting like this? Don't you have any money?"</p><p><br /></p><p>Justin Sun, founder of Tron and advisor to HTX unwittingly withdrew a whopping $60 million in digital assets from Binance raising expectations among cryptocurrency market participants.</p><

<p>&nbsp;The price movement pattern on the chart of the GBP/USD currency pair changed in the middle of last week.</p><p><br /></p><p>At the beginning of the week it can be observed that the price drop occurred when the US dollar managed to strengthen, but the momentum failed to be maintained at the end of the

<p>&nbsp;Gold ended the Asian session trading today for the early opening of the week with a slightly disappointing performance as it failed to show any gains.</p><p><br /></p><p>If you notice, towards the end of last week's trading, the price of gold managed to recover after the fall that occurred from

<p>&nbsp;The Prime Minister of Malaysia, Datuk Seri Anwar Ibrahim announced that the targeted subsidy for the Basic Mercy Contribution (SARA) will be distributed in stages starting today.</p><p><br /></p><p>Through sharing on his Facebook page, Anwar said the SARA program has been improved with the allocation