Author: iannouncethis.com

The resumption of BTC and ETH flow out of exchanges signaled accumulation The USDT Dominance chart showed investors could be gearing up to assume more risk Bitcoin [BTC] fell below the $40k bullish bastion the past week but has been quick to bounce back higher. A 30th January post from Santiment on X (formerly Twitter) sheds light on what happened. 📊 As #Bitcoin’s & #Ethereum’s respective supplies have continued moving off exchanges after the #ETF approvals, an interesting development has been #Tether seeing nearly 4% of its available supply come back to exchanges in 5 weeks. The increase in buying…

The Bristol economy is expected to grow by 8.9% over the next five years, significantly outpacing the rest of the UK, a report from commercial real estate firm Avison Young has revealed. The city’s thriving economy is driven primarily by the expansion of its knowledge industries, including artificial intelligence and life sciences. Bristol’s information and communication sector alone is projected to grow by 12.9% by 2028, closely followed by its science and tech sector, which is expected to see 10.6% growth. According to data from Oxford Economics, Bristol is projected to see jobs growth of 5.7% over the next five…

The numbers: Home prices in the 20 biggest U.S. metros rose for the tenth month in a row and hit a record high due to a low number of listed homes. The S&P CoreLogic Case-Shiller 20-city house price index rose 0.1% in November compared to the previous month.  Home prices in the 20 major U.S. metro markets were up 5.4% in the last 12 months ending in November.  A broader measure of home prices, the national index, rose 0.2% in November and was also up 5.1% over the past year. All numbers are seasonally adjusted. The 20-city and the national…

With its massive population and bustling economy, India is an engine of growth. On Jan. 22, 2024, its stock market capitalization surpassed Hong Kong’s for the first time. According to data compiled by Bloomberg, the value of shares listed on Indian exchanges reached $4.33 trillion, compared to $4.29 trillion for Hong Kong. Key Takeaways India has two primary stock markets, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).The BSE is India’s oldest stock exchange.India’s exchanges are regulated by the Securities Exchange Board of India (SEBI).The two prominent Indian market indexes are Sensex and Nifty. The BSE and…

Comments from Bank of Japan Governor Kazuo Ueda has traders thinking the central bank will be raising rates, ending it’s longtime negative rates policy. Omar Aguilar, Schwab Asset Management CEO & CIO, joins Yahoo Finance to discuss the Japanese economy and how it may impact US investors directly. Aguilar comments on the BOJ ending their current policy: “It puts pressure on global yields for sure. I think competition for bonds will be there and therefore puts more pressure on US bonds. It clearly provides a very nice potential for a Yen appreciation going forward, because on the flip side as…

“Enough is enough,” declared a Hong Kong judge on January 29th of Evergrande, a failing Chinese property behemoth, and its two-year struggle to avoid repaying its creditors. In a landmark ruling, the court ordered a liquidation of the company, which, with more than $300bn in liabilities, is the world’s most indebted real-estate developer. A provisional liquidator will be appointed, assuming management of the company. Now foreign creditors must attempt to recoup their losses from a firm that holds most of its assets in mainland China. The ruling could pit Hong Kong’s courts against a Chinese government determined to restore public…

Bitcoin has generated an annual return on investment of more than 150%. It is expected only to rise, especially since its ETF has been approved. A total of 11 applications have made their way into the market, allowing traders to diversify their portfolios. Udomsak Rakwongwan, a researcher from Kasetsart University, has backed the token by saying that 2024 should offer it some growth. Udomsak is also the founder of FWX, a decentralized DeFi platform. They have based their statement on the assumption that many Bitcoin enthusiasts believe in the future bull run. The market cap of Bitcoin has fallen to…

The UK’s next elected government needs to engage in an “urgent and sensible conversation” around the green belt, global property consultancy Knight Frank has urged. Focusing on inner town and city centre development will not deliver the volume or type of new homes needed to meet demand, the firm said, and a mature approach to green belt development is essential to boost housing delivery. Knight Frank says utilising previously developed brownfield sites that currently sit within the green belt – dubbed ‘grey belt’ – could deliver hundreds of thousands of new homes. Roland Brass, partner in the planning team at…

Western Digital Corp.’s WDC, -3.48% stock declined nearly 4% in after-hours trading Thursday after the company posted quarterly results. Western Digital reported a fiscal second-quarter net loss of $268 million, or 87 cents a share, compared with a net loss of $446 million, or $1.40 a share, in the same quarter a year ago. Adjusted earnings were a loss of 69 cents a share. Revenue dipped 2% to $3.03 billion from $3.11 billion in the year-ago quarter. Analysts surveyed by FactSet had expected on average a net loss of $1.12 a share on revenue of $3 billion. Western Digital provided…

A stock market exchange is a marketplace where stocks are bought and sold daily. It functions as an entity that ensures orderly trading and efficient dissemination of price quotes for the companies that list on the exchange. Trading is generally conducted from Monday through Friday, with exceptions. American investors can access international markets and exchanges online through a brokerage. Key Takeaways Most of the world’s stock exchanges are open during regular business hours, in local time.Trades entered with an online brokerage when the exchange is closed are executed at the open unless otherwise indicated.North American exchanges closely match the New…