Top and Flop ETFs of the First Nine Months
We have highlighted three ETFs each from the best and worst-performing zones in the first nine months of 2024.
We have highlighted three ETFs each from the best and worst-performing zones in the first nine months of 2024.
According to BlockBeats, on September 30, European Central Bank (ECB) President Christine Lagarde stated that the ECB will not wait for all indicators to reach the 2% target before cutting interest rates. This announcement suggests a more flexible approach to monetary policy, potentially signalling earlier rate cuts than previously anticipated. Lagarde's comments come amid ongoing discussions about the ECB's strategy to manage inflation and economic stability in the Eurozone. The decision to adjust interest rates before achieving the 2% target reflects the ECB's commitment to responding to economic conditions promptly, ensuring that monetary policy remains adaptive and effective.
- The U.S. dollar steadied Monday, as traders awaited a speech by Federal Reserve Chair Jerome Powell later in the session ahead of Friday’s key employment...
According to Odaily, Federal Reserve Governor Michelle Bowman has reiterated her previous statements regarding monetary policy. Bowman emphasized that the core inflation rate remains uncomfortably above the 2% target.
Shares in Tokyo fell sharply Monday, on concerns that Japan's next prime minister could adopt policies that wouldn't be very friendly to the economy and markets. The benchmark Nikkei Stock Average fell 4.8% to 37919.55 after Shigeru Ishiba, who has been seen as favoring tighter fiscal and monetary policy, won the ruling party's leadership election on Friday. Analysts said Ishiba's previous comments about potential increases in corporate and financial-income taxes raised concerns over corporate earnings and consumer sentiment.
Sector ETF report for KBWD
According to Foresight News, the Hong Kong Securities and Futures Commission (SFC) has granted ZA Bank an extension to its type 1 license, allowing the bank to engage in cryptocurrency trading. This development marks a significant step for ZA Bank as it expands its services into the virtual asset market.
According to PANews, Taiwan's Financial Supervisory Commission (FSC) has announced that qualified professional investors can now invest in foreign virtual asset ETFs through sub-brokerage. Eligible professional investors include institutional investors, high-net-worth corporate investors, high-asset clients, professional investor corporations or funds, and individual professional investors.To ensure that investors possess adequate investment experience and knowledge, securities firms offering virtual asset ETF services must establish a comprehensive suitability assessment system, which must be reviewed and approved by the board of directors. Before a client makes their first purchase of a virtual asset ETF, the securities firm must evaluate whether the client has the relevant investment experience and professional knowledge to ensure the appropriateness of the investment risk. Except for institutional investors, other investors must sign a risk disclosure statement before making their first purchase of a virtual asset ETF. Securities firms are required to provide relevant product information to investors before accepting their first purchase of a virtual asset ETF, to help investors fully understand the characteristics and associated risks of the virtual asset ETFs they are investing in.
Welcome to the Artificial Intelligence Outlook for Forex trading. https://www.youtube.com/watch?v=7lTlfnauH1w VIDEO TRANSCRIPT U.S. Dollar Index Okay, hello everyone, and welcome back! My name is Greg Firman, and this is the ...
The stock market ended last week on a high note, wrapping up the quarter with a sense of optimism. This positive momentum is largely fueled by expectations that the Federal Reserve’s recent interest rate cut will boost economic activity and set the stage for a stronger performance in the new quarter. With the presidential election approaching in November, investors are increasingly focused on how the political landscape may influence market movements.