Cashing in on COVID-19: The world gained 5.2m millionaires
Cashing in on COVID-19: The world gained 5.2m millionaires – Find out which country produced the most six-figure earners! The world’s wealthiest saw a substantial increase in their finances, with more than 5.2million joining the elite “millionaire” club. Find out which countries produced the most millionaires! The impact of the pandemic saw personal wealth, particularly for the world’s poorest, decline during the […]
South Africa in lockdown: ‘Level 4’ a speed bump on the road to economic recovery
South Africa in lockdown: ‘Level 4’ a speed bump on the road to economic recovery Poor market sentiment decreased production… we look at how South Africa’s move to a higher level of lockdown will affect its economy. Despite global vaccine rollouts, the world remains in the grip of COVID-19 with many countries experiencing a […]
Oil benchmarks rally to record highs despite OPEC+ talks of production hikes
Oil benchmarks rally to record highs despite OPEC+ talks of production hikes Oil prices may have tumbled in 2020 due to the demand crash, however, both oil benchmarks are now trading at two-year highs thanks to the global rollout of the COVID-19 vaccines and renewed recovery hopes amid global travel resurgence. With oil demand soaring in 2021, inflation fears and mounting calls for governments and oil producers to curb emissions there is […]
Stock of the week: Apple up 2%, survives tough week in the market
Stock of the week: Apple up 2%, survives tough week in the market Apple stock has finally caught a break to push higher, breaching key resistance levels in the process. Despite Appl’s record performance its stock has not seen similar spikes in recent months. In the week of June 14 – 18 however, the tech titan finally caught a break to […]
NFTs are booming in 2021: Global broadcaster CNN and ELF Cosmetics join the blockchain trend
NFTs are booming in 2021: Global broadcaster CNN and ELF Cosmetics join the blockchain trend While the crypto market might be struggling, NFTs are booming with global media giant CNN joining the fray. While the crypto market has hit a major stumbling block in recent months, blockchain technology in the form of Non-fungible tokens (NFTs) is booming. From media giant CNN to cosmetic group E.L.F, major […]
Gold price analysis: can XAU/USD revisit $2,000 following June’s crucial FOMC meeting?
Gold price analysis: can XAU/USD revisit $2,000 following June’s crucial FOMC meeting? Gold (XAU/USD) prices have managed to recover since March when the yellow metal tumbled well below the $1,700 mark. However, despite higher inflation figures, the US dollar continues to dominate the markets and pressuring gold, which failed to breach resistance at $1,900. With the Federal Reserve meeting and interest rate decision taking place […]
Stock of the Week: Amazon up 5%, shopping giant gearing up for huge Prime Day sales
Stock of the Week: Amazon up 5%, shopping giant gearing up for huge Prime Day sales Amazon stock is up by 5% as the online shopping giant continues to dominate the market. Amazon stock is up by 5% as the online shopping giant continues to dominate the market. The company was the clear winner […]
Huge boost for Crypto: El Salvador becomes first country to accept Bitcoin as legal tender
Huge boost for Crypto: El Salvador becomes first country to accept Bitcoin as legal tender Cryptocurrency took a huge step towards legitimacy as El Salvador becomes the first country to adopt Bitcoin as legal tender. The Cryptocurrency market took a huge step towards legitimacy as El Salvador becomes the first country to adopt Bitcoin as […]
Stock of the Week: Exxon soars 49% this year, Oil prices could hit $75 and beyond
Stock of the Week: Exxon soars 49% this year, Oil prices could hit $75 and beyond It has been an incredible week for the oil markets as prices rose to record highs, generating huge profits for oil producers. Oil giant Exxon has soared 49% so far this year! After suffering a disastrous global collapse in 2020, […]
Learn how to become a successful online trader – trading tips for beginners
Learn how to become a successful online trader – trading tips for beginners Online trading can be an incredibly lucrative business and it’s never too late to get started. Thanks to freely available education, innovative tools and platforms that allow you to trade currencies, stocks, commodities or even cryptos, you can achieve profitability easier than ever before. […]