The Reserve Bank of Australia decided to leave its benchmark rate at a 12-year high for a fifth straight meeting and underscored that inflation is slowing more slowly than anticipated, leaving the door open for a possible rate hike. The policy board of the RBA, led by Governor Michele Bullock, retained the cash rate target...
Asian stocks advanced on Tuesday after a rally in several technology shares drove Wall Street to another record high overnight. The dollar took a breather ahead of key U.S. retail sales and business activity data as well as speeches from several Federal Reserve officials due this week. Gold was little changed while oil consolidated recent...
There are three main types of bonds:1.Corporate bonds are debt securities issued by private and public corporations.Some common types of corporate bonds include: Investment-grade.These bonds have a higher credit rating,implying less credit risk,than high-yield corporate bonds. High-yield.These bonds have a lower credit rating,implying higher credit risk,than investment-grade bonds and,therefore,offer higher interest rates in return for...
A bond is a debt security,like an IOU.Borrowers issue bonds to raise money from investors willing to lend them money for a certain amount of time. When you buy a bond,you are lending to the issuer,which may be a government,municipality,or corporation.In return,the issuer promises to pay you a specified rate of interest during the life...
Is it time to rebalance your investment portfolio?It depends.Many investment professionals recommend rebalancing a portfolio regularly,typically every six to 12 months.If you’re working with an investment professional they can provide suggestions on how best to rebalance your portfolio to continue to meet your financial goals.Rebalancing your portfolio yourself can be complicated,however,there are some investment products...
(Reuters)-Microsoft(NASDAQ:MSFT)is expected to report a 15.8%jump in quarterly revenue,its best growth in nearly two years,as rising adoption of its products infused with generative AI fuels demand for its cloud services. Thanks to its early lead in artificial intelligence,Microsoft is likely to cement its lead as the biggest company by market value this year.The software giant...
On May 12, 2022, the cryptocurrency market was rocked by an unprecedented event. LUNA and its associated stablecoin, UST, collapsed within a matter of days, causing hundreds of billions of dollars in value to evaporate. This incident not only resulted in massive losses for countless investors but also exposed critical flaws in the design, transparency,...
The year 2021 witnessed a full-scale bull market in the crypto industry, with the explosive growth of Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs) becoming the two major highlights. Unlike previous markets predominantly driven by retail investors, an increasing number of institutions entered the crypto space, bringing in more capital and gradually elevating the market...