The Financial Stability Board (FSB) announced on Monday that they nominated Bank of England Governor Andrew Bailey as the next chair of the organization. The FSB said that the Nomination Committee Una...
Category: Finance
Live Finance News Updates.
AI Predicts 22,140% Gains For Mutuum Finance (MUTM) & 405% For Shiba Inu (SHIB), But Says To Sell Tron (TRX) & Ripple (XRP) Fast
In a bold forecast shaking up the crypto market, AI predictions are pointing to explosive growth for Mutuum Finance (MUTM), with projections suggesting a 22,140% gain in the coming months, while Shiba...
S&P 500 opens with gap lower but bears may pause for consolidation
S&P 500 S&P500 opened with one full figure gap lower on Monday and hit the lowest levels since mid-January 2024, in extension of last week’s 8.75% drop. The price tumbled after President Trum...
US moves beyond justifiable tariffs into something that is non-economic: Ex-Barclays CEO Bob Diamond
According to Bob Diamond, the US has moved beyond the economic justifications for tariffs and into something non-economic. The markets concur with this statement. They are in red, and Trump demonstrat...
USD/CAD holds on to Friday’s gains – BBH
USD/CAD is holding on to Friday’s gains, BBH FX analysts report. US trade war dos not bode well for CAD “The severe negative impact of the US tariffs on the Canadian economy and lower crude oil ...
Slow moving Fed should cut rates
“Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down, there is no inflation, and the long time abused USA is bringing in billions of dollar...
AUD/USD rebounds to near 0.6040 as China vows stimulus to support economy
AUD/USD recovers to near 0.6040 as Beijing discusses fresh monetary stimulus to stabilize their economy. The escalating trade war between the US and China could dampen the recovery move in the Austral...
There’s nobody around to catch a falling oil price – Danske Bank
The oil price sell-off has accelerated since Friday as the trade war deepened and the risk of a recession in the US rose, Danske Bank’s FX analyst Frederik Romedahl reports. Oil price sell-off a...
Scammer hit with a dose of karma after $27 million liquidation
A cryptocurrency scammer behind the fraudulent blockchain-based gambling project ZkCasino has recorded massive losses of over $27 million through liquidation. The individual, who had previously swindl...
S&P 500 fell 3.5%, Allegedly Entering Bear Market Territory
Stock Market US stocks plunged Monday morning, with global markets extending declines after President Trump signaled that his so-called “reciprocal” tariffs would remain in place for the foreseeable f...
Oil pricing in big demand hit – ING
Oil prices have had their worst week since October 2023, with risk assets getting hit by US President Donald Trump’s reciprocal tariffs and the retaliation we have started to see towards them. China r...
The S&P 500 in 2025 — here’s what Wall Street is predicting
At the close of last year, most Wall Street analysts were quite optimistic regarding the S&P 500’s future prospects. Although most did not forecast that 2025 would be the banner year that its pred...
Trump Reportedly Considers 90-Day Pause on Tariffs Amid Economic Fears
Economy President Donald Trump has announced a significant shift in U.S. trade policy, proposing a 90-day pause on tariffs for all countries except China, according to Watcher Guru. This initiative a...
‘So much winning’ amid black Monday bloodbath – in 9 charts
Markets plunged steeply on April 7, in what analysts dubbed a reincarnation of 1967’s “Black Monday” for global assets, with US equities leading the sell-off and cross-asset volatility rattling invest...
Vulnerable to the liquidity shock – ING
After the Australian dollar, the Norwegian krone has been the worst-performing G10 currency over the last week, ING’s FX analyst Chris Turner notes. NOK/JPY can make a break towards the 12.00 ar...
US/global recession risk drive the USD/CAD for now – Danske Bank
USD/CAD had an eventful start to April, dropping to the 1.40 level following broad USD weakness sparked by Trump’s tariffs on Liberation Day, Danske Bank’s FX analyst Frederik Romedahl rep...
Investors Are Choosing Remittix (RTX) As Their April Riser Instead
Dogecoin price forecasts show major alterations are in the pipeline. Meanwhile, there’s a new token, Remittix, which has the potential, experts say, of creating more millionaires in 2025 than Dogecoin...
Gold Price Prediction for 2025 and 2026 from Deutsche Bank
Economy Deutsche Bank has significantly revised its gold price forecasts for 2025 and 2026, citing recent economic and geopolitical developments. The bank now projects average gold prices of $3,139 p...
Dogecoin Fails to Clear $0.180; Meanwhile YETIO Gains Massive Investor Surge Nearing Presale Stage 3 End
The crypto market has continued to show that established and new projects are moving in different paths. While Dogecoin ($DOGE) has been struggling to break through critical levels, newcomer Yeti Ouro...
‘Rich Dad’ R. Kiyosaki reveals his strategy for ‘D.O.G.E. Chainsaw Massacre’
In an X post published late on Sunday, April 7, the prominent investor and author of the best-selling book ‘Rich Dad Poor Dad,’ Robert Kiyosaki, gave a strange yet strangely appropriate name for the s...
Warren Buffett’s Berkshire Hathaway crashes amid market turmoil
Berkshire Hathaway (NYSE: BRK.A, BRK.B) has not been immune to the latest wave of stock market turbulence. The conglomerate’s Class A shares tumbled 6.91% on April 4, to close at $742,540, followed b...
Knot Teams Up With Paypal to Simplify Card-on-file Management for Millions of Users
New York, United States of America, April 7th, 2025, FinanceWire Knot, the leading fintech company specializing in card-on-file management, announced a strategic relationship with PayPal to enhance ch...
EUR/USD to trade at 1.11 in a month – Danske Bank
We are revising our EUR/USD forecast higher to reflect a material shift in the structural drivers, Danske Bank’s FX analyst Frederik Romedahl reports. Europe’s fiscal reform push is beginn...
XRP To Fall Below $2.00 As Remittix (RTX) RIsers Ahead In Popularity & Cardano (ADA) Investors Join The Bull-Run
The latest Ripple updates today have become an industry focus point as the cryptocurrency market deals with mixed signals from an unstable market environment. XRP exhibits defiance at its current pric...
Gold prices collapse with the rest of the metal complex – ING
Gold prices tumble from record highs from earlier last week, ING’s commodity experts Ewa Manthey and Warren Patterson note. Trade war to continue bolstering safe-haven buying “Even Gold – ...
Google searches for ‘Black Monday’ spike 1,300%
Google searches for ‘Black Monday’ have accelerated in the past seven days following the stock market’s massive capital outflow on April 4, triggered by unease from trade tariff concerns. As of April ...
Cardano Price Crashes 13%, Nears $0.50: Is a Drop To $0.40 Next?
The crypto market is experiencing a significant surge in selling pressure, resulting in massive liquidations of nearly $1.5 billion. Amid such conditions, Cardano (ADA) trades at $0.55, recording a ne...
Metal markets collapse on global growth fears – ING
Metal markets collapsed on Friday as Trump’s escalating trade war continues to fuel concerns about global growth and the demand outlook for raw materials, ING’s commodity experts Ewa Manthey and...
Marjorie Taylor Greene’s suspicious stock trade soars 29% despite tariffs
Given her lackluster stock pick history, Marjorie Taylor Greene is not the likeliest member of Congress to thrive in a challenging market, yet she appears to be one of the few investors to have record...
Europe Reportedly Ready To Negotiate Tariffs With Trump
Economy In recent developments, European Union (EU) ministers have expressed a strong commitment to negotiating the removal of tariffs imposed by the United States under President Donald Trump. Durin...
Federal Reserve to announce rate cut and liquidity injection at meeting later today
The Federal Reserve is now under growing pressure to cut interest rates and pump cash into the financial system at its next scheduled meeting later today, as fears of a full-blown market crash and rec...
AMZN Elliott Wave technical analysis [Video]
AMZN Elliott Wave analysis Function: Counter Trend. Mode: Corrective. Structure: Zigzag. Position: Wave 2. Analysis: The daily chart shows Amazon in a corrective Minor wave 2. It is forming a zigzag p...