Exploring the $12 billion proprietary trading sector that captivates Gen Z and millennial investors
The Rise of Prop Trading Among Young Investors Ricky Saldana, a 29-year-old trader from New York, first came across mentions of prop trading in 2021. A connection shared insights that felt almost clandestine: a small fee paid to a prop firm could lead to thousands of dollars in trading capital, potentially doubling a trader’s profits […]
EUR/USD holds steady close to two-month highs as investors look for more easing from the Fed
EUR/USD Market Overview EUR/USD experienced a minor decline, hovering just below 1.1730 on Friday after retreating from a two-month peak of 1.1762 seen on Thursday. The rising gap between monetary policies of the European Central Bank (ECB) and the US Federal Reserve (Fed) has provided some underlying support for the currency pair, which has gained […]
Dollar struggles with its third weekly drop as investors consider the Fed’s future direction.
US Dollar Declines as Euro and Pound Rise The US dollar appears set for a third consecutive week of losses, as the euro and pound reached their highest values since October. This shift follows the Federal Reserve’s latest actions, which contradicted market expectations for rate cuts in the coming year. Recently, the pound trading at […]
Dollar faces third consecutive weekly decline as investors consider Fed perspective
US Dollar Declines as Euro and Pound Gain Strength The US dollar is on track for a third consecutive week of losses as of Friday, with the euro and pound climbing to their highest values since October. This comes after the US Federal Reserve’s decision to dismiss market expectations for aggressive rate cuts next year. […]
Chinese IPO Frenzy Offers Investors Only a 0.02% Chance at Shares
(Bloomberg) — Securing a piece of a new listing in China has always been challenging, but this year it’s turned nearly impossible. An investor who managed to snag 500 shares in the recent IPO of AI chip manufacturer Moore Threads Technology could have enjoyed a remarkable profit—around 500%, or roughly 287,000 yuan ($40,600)—on the very […]
Dollar struggles with a third consecutive weekly drop as investors consider the Fed’s future direction.
Euro and Pound Strengthen as Dollar Weakens SINGAPORE – The U.S. dollar appears set for a third consecutive week of losses, with the euro and pound reaching their highest levels since October. This shift is largely attributed to the recent indications of potential interest rate cuts next year, which have put pressure on the dollar […]
Limited ETFs Anticipate Capital Gains Distributions in 2025: Important Insights for Investors
Only 6% of U.S. exchange-traded funds (ETFs) surveyed think they’ll hand out capital gains in 2025, with a mere 2% expecting to exceed 1% of their net asset value. The leading distributions mainly stemmed from markets limiting spot trading or strategies that rely on swap contracts. Interestingly, ETFs that fall into the alternative and non-traditional […]
Is silver heading for triple digits? Investors reflect on the future after the metal’s 115% surge.
Silver’s Remarkable Surge Continues This year has been quite the ride for silver, which has more than doubled in value and set multiple records, even outpacing gold. Since January, the so-called “devil’s metal” has experienced a gain of 114.6%. Recently, it was trading around $61.96 per ounce, having hit a peak of $62.88 early on […]
Crypto entrepreneur Do Kwon faces sentencing for deceiving investors who lost billions in a stablecoin collapse.
Do Kwon to Be Sentenced for Misleading Investors NEW YORK – Do Kwon, the crypto figure involved in a major collapse in 2022, is set to be sentenced Thursday for deceiving investors, leading to massive losses in his cryptocurrency ecosystem. Kwon, often referred to as the “cryptocurrency king,” pleaded guilty after being indicted in federal […]
Why Investors Aren’t Worried About the Fed’s Independence
A More Trump-Influenced Fed: Not a Threat to Inflation For quite some time, financial media outlets have been ramping up concerns about the independence of the Federal Reserve, almost as if trying to stir panic. We’ve had a series of rehearsals leading up to this moment. Some have claimed the eventual demise of Fed independence. […]