Australian Dollar slips as US Dollar advances despite Fed rate cut bets rise
- The Australian Dollar may regain ground as the likelihood grows for a Fed rate cut in September.
- The Reserve Bank of Australia is expected to resume easing with a larger 50 basis-point rate cut in November.
- The CME FedWatch Tool indicates an 87% chance of a 25 basis-point rate cut in the next meeting.
» Read more about: Australian Dollar slips as US Dollar advances despite Fed rate cut bets rise »
Read MoreLabour market wobble will push Federal Reserve to cut in September
JavaScript is disabled in your browser.
Please enable JavaScript to proceed.
A required part of this site couldn’t load. This may be due to a browser
extension, network issues, or browser settings. Please check your
connection,
» Read more about: Labour market wobble will push Federal Reserve to cut in September »
Read More“Don’t really care”: Matheus Cunha fires bullish response to critics of his character
Manchester United star Matheus Cunha has hit back strongly at suggestions that he has a fiery temper that could disadvantage the team.
Cunha enjoying superb start to life at United
Cunha joined United earlier in the summer from Wolverhampton Wanderers in a deal worth £62.5m. There was plenty of interest in him but he made it very clear that he was only keen on a move to Old Trafford.
Read MoreCan Tesla’s Chinese AI Gamble Reverse Its Sales Slump?
Investing
- Tesla’s (TSLA) sales in China fell 11.7% in Q2, while Chinese EV makers like BYD and Geely saw growth.
» Read more about: Can Tesla’s Chinese AI Gamble Reverse Its Sales Slump? »
Read MoreSuze Orman Bets On This 'Controversial' Tech Stock—Explains How Her Biggest Investment Blunder Cost Her 'Extraordinary' Gains
Suze Orman, the renowned personal finance expert, has recently shared her top stock picks, her take on cryptocurrencies, and her biggest investing mistake in a recent interview.
Orman Backs Tech Giants, Eyes S&P 500 Above 7,000
Orman in an interview with MarketWatch,
The Burst
2 Stocks Buffett Is Snapping Up
Warren Buffett appeared to take a hard look at the market last year and decided he wanted to sell shares in plenty of companies, including Apple, Bank of America, and Charter Communications. His holding company, Berkshire Hathaway, even sold every share (nearly 4 million) in Floor & Decor Holdings. Overall, Buffett unloaded $133 billion in shares in 2024.
» Read more about: 2 Stocks Buffett Is Snapping Up »
Read MoreThe Ivy
Has Medical Properties Trust Bottomed Out? The Case for a Comeback
Medical Properties Trust (NYSE:MPW) is a REIT that focuses on hospitals and other medical facilities. The company has been through an extremely trying couple of years, resulting in both dividend cuts and deteriorating share prices.
Now, however, things seem to finally be improving at Medical Properties Trust. Is MPW a buy as the business turns itself around,
» Read more about: Has Medical Properties Trust Bottomed Out? The Case for a Comeback »
Read MoreThe Spotlight
Will Bitcoin Rise 16.1x?
In November 2012, the first bitcoin halving cycle was recorded, and the event reduced the reward for mining new Bitcoin blocks by half. Every four years or so 210,000 blocks are mined and the rate at which new bitcoin is mined is cut by 50%.
The supply limit and increased difficulty have been instrumental in the thesis that bitcoin’s price can only rise in time to offset the inflationary effects of fiat currency.