Investing in bonds is a strategic way to ensure portfolio stability and reliable income. Bonds, whether from governments or corporations, offer lower volatility compared to stocks and are vital for risk management. On , the Bonds section features comprehensive data on interest rates, bond prices, and yield curves, helping investors navigate the fixed income market effectively.
-- Most Asian currencies were fragile on Monday as the dollar steadied near two-month highs, while weakness in the Japanese yen sparked caution over potential...
According to CryptoPotato, the ongoing dispute between the United States Securities and Exchange Commission (SEC) and Ripple Labs regarding the classification of XRP as a security is expected to have significant implications for the entire industry. The case, which has been in progress for several years, is currently in the trial phase.David Hirsh, the Chief of the Crypto Asset and Cyber Unit at the SEC, recently resigned after serving the SEC for over nine years. His resignation came shortly after the SEC reduced its demanded penalty from Ripple from $2 billion to $102.6 million. This reduction was a response to Ripple's legal team's request for a penalty not exceeding $10 million. The SEC justified the revised penalty by comparing it to the gross profit of the violative conduct, resulting in a $102.6 million penalty, significantly higher than the $10 million cap insisted by Ripple.However, Ripple's legal challenges are not limited to the SEC case. Brad Garlinghouse, the company's CEO, is also involved in a separate lawsuit in California. This lawsuit is related to statements he made years ago about his personal investment in XRP. Despite the case proceeding to trial, the presiding judge dismissed several allegations, including those suggesting that Ripple violated federal securities law. Ripple's chief lawyer stated that the New York ruling that XRP is not a security remains undisturbed, and one state law claim based on a 2017 statement is going to trial. Garlinghouse reiterated his support for the statements he made in 2017 and considered the dismissal of allegations a significant victory for the company.
-- The Japanese yen was fragile on Monday, with the USDJPY pair nearing key intervention levels even as government officials reiterated warnings that they would step...
Welcome to the Artificial Intelligence Outlook for Forex trading. https://www.youtube.com/watch?v=kB73l36v9lk VIDEO TRANSCRIPT Okay, hello everyone, and welcome back. My name is Greg Firman, and this is the VantagePoint AI Market ...
Shares of Nvidia are rocketing to new heights, but investors can still get in on the action.
According to Odaily, the Swiss Central Bank recently announced that it will extend its pilot project for selling the first batch of tokenized bonds settled with its experimental digital currency, also known as wholesale Central Bank Digital Currency (CBDC), for another two years. The bank described the project as 'very successful'. The Swiss Central Bank stated that using CBDCs for settling and clearing financial transactions could eliminate credit risk. In contrast, all digital bonds issued in the United States so far have been settled with private digital tokens, which do not have the same safeguards as central bank-backed currencies. Moody's Corporation stated in a declaration that the lack of digital cash compatible with distributed ledger technology is often a significant barrier to the development of this technology, and Switzerland is the most advanced country in this field.
US homebuilders are navigating both higher mortgage rates as well as constrained capital for building projects. But there is another big labor factor the industry is trying to figure out. National Association of Home Builders (NAHB) CEO Jim Tobin explains the industry's high labor demand that could be filled by skilled immigrant workers. According to the NAHB's own Eye On Housing Report, data from 2022 suggests that "a third of all carpenters and 41% of construction laborers are of foreign-born origin" in the United States. "Our number one issue this year was about workforce development and immigration, which is so politicized right now. And it won't be until whoever we find out who the next president is, where we can really tackle the issue," Tobin says. later adding: "We want people who want to come into this country legally to come through in an orderly fashion. We want people who want to work in the construction industry to have a visa that allows them to work in our industry, just like they can work in the seasonal market, or they can work in agriculture." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
Junk bonds are beating the broader U.S. fixed-income market so far in 2024 — but pummeled Treasurys have attempted a comeback lately.
It’s hard to look past Nvidia (NASDAQ:NVDA) these days, but it’s important to remember that there are also plenty of other great semiconductor (chip) stocks out there. The VanEck Semiconductor ETF (NASDAQ:SMH) enables investors to gain exposure to both Nvidia and other attractive opportunities within the semiconductor space. I’m bullish on SMH based on its strong portfolio of top semiconductor stocks, which are performing well and harbor significant long-term growth potential, as well as its inc