Currencies
Stocks dropped almost 700 points on Friday (Jan 10, 2025) – effectively pushing all major benchmarks into the red for the New Year 2025. The Dow Jones Industrial Average (DJIA) lost 696.75 points or 1.63% to close at 41,938.45, whilst S&P 500 and NASDAQ lost 1.54% and 1.63% respectively. What caused the bloodbath? The short answer – […]
... written on Jan 12 2025Trading FX currencies can be incredibly profitable but depending on your trading experience the profitability of your trading might improve with proper market analysis. Fundamental analysis simply means to use macroeconomic indicators like inflation, interest rates, GDP, geopolitical events, and similar to determine their potential impact on certain FX pairs like JPY. Japanese yen is […]
... written on Jan 07 2025Born with a silver spoon, Tengku Zafrul Tengku Abdul Aziz has everything he can ever dream of, except one thing – winning an election. From being Bersatu’s poster boy to show that the Malaysian United Indigenous Party has a Malay professional, and not merely a place filled with pariah politicians with “IQ of a carrot”, […]
... written on Dec 14 2024Bitcoin, the largest cryptocurrency, breached the US$100,000 for the first time just before 10 p.m. Eastern Time on Wednesday (Dec 5), before steadily climbed as high as US$103,852 – a new all-time high. Essentially, bitcoin’s total market capitalization now stands at US$2.03 trillion, more than every U.S. stock except for Apple, Alphabet, Nvidia, Microsoft and Amazon, thanks to […]
... written on Dec 05 2024Unfortunately, crypto threats are more dangerous and costly than ever. This is a natural evolution of the situation at hand. With more money circulating in the crypto market, more potential threats exist. Moreover, in the past, only tech-savvy individuals traded in crypto, and, by default, these people knew more about cybersecurity than the general population. […]
... written on Nov 28 2024In denial that his government is fast losing the perception war, Anwar Ibrahim still hopes he can continue to be the prime minister after the next 16th General Election. He should be grateful that his current term has outlived his three predecessors – Mahathir Mohamad (22 months), Muhyiddin Yassin (17 months), and Ismail Sabri (15 […]
... written on Nov 21 2024Japan’s Nikkei lost a staggering 4,451 points on Monday (August 5) – the biggest drop in history. That’s more than 12%, dragging the country’s stock market losses to 25% since early July. The biggest one-day drop means the index is entering the bear market. It instantly brings back the memory of “Black Monday” in October 1987, […]
... written on Aug 06 2024Many Pakatan Harapan hardcore supporters do not like it when Prime Minister Anwar Ibrahim is being criticized. They had no idea the danger of blindly supporting a man who walks the corridors of power. All power tends to corrupt, and absolute power corrupts absolutely. This is not to say Anwar had stolen money, but power […]
... written on Jul 08 2024Since the price of gold broke the US$2,300 level for the first time in April this year, it has met with resistance after hitting US$2,450 an ounce. The commodity is now trading between the support level of US$2,300 and resistance level of US$2,400. The spectacular climb was due to not only geopolitical crises – in […]
... written on Jun 27 2024BlackRock was founded in 1988 by Laurence Fink, Robert Kapito and Susan Wagner. An American multinational investment company which does not discriminate, it invests in everything under the Sun that makes money – from fossil fuels to Chinese People’s Liberation Army. It does not care about climate change or gun violence, let alone human rights […]
... written on Jun 23 2024
