Aishe News

Gather 'round for the most spectacular, the most tremendous story of political flip-flopping since pancakes became a breakfast food! Remember when Donald Trump said cryptocurrency was "potentially a disaster waiting to happen" ? Well, folks, that disaster has turned into what he now calls "the biggest, most beautiful opportunity in the history of opportunities, maybe ever!" The Tremendous Tale of Trump's Crypto Conversion The Great Conversion Picture this: It's 2024, and our former president, the man who once declared his currency of choice was "the United States Dollar," has gone full crypto-bro. I mean, what's not to love? It's got all his favorite things: volatility that rivals his Twitter feed, technology nobody fully understands, and the perfect opportunity to put his name on something new. Trump Tower, Trump Steaks, Trump University, and now – drum roll, please – World Liberty Financial! Because nothing says "liberty"...

Frankfurt/London/New York – Global markets were sent into a tailspin today following hawkish monetary policy decisions from the U.S. Federal Reserve and the Bank of England. Germany's DAX index suffered its steepest decline since last July, as hopes for an imminent interest rate cut, fueled by comments from Fed Chair Jerome Powell, were dashed. Instead, hints of a prolonged restrictive monetary policy stance dampened investor sentiment. The DAX closed 2.30% lower at 18,083.05 points, eroding nearly eight percent of its year-to-date gains. The MDAX and EuroStoxx 50 also experienced significant losses. The gloomy mood wasn't confined to Frankfurt. Both London and New York markets closed sharply lower, despite the Bank of England's first interest rate increase since the onset of the inflationary wave. The Dow Jones Industrial Average and the Nasdaq 100 each lost around 1.3% by the close of European trading. Analysts attributed the market's violent swings to heightened inve...

Preview of Wednesday (26.07.2023): Yawning boredom or wild surprises? The US Dollar is keeping us all in suspense as we await Interest Rates Wednesday! The Federal Reserve has announced a 25 basis points increase in interest rates on Wednesday. However, instead of the financial world vibrating with excitement, the dollar seems to be still asleep. Perhaps it has decided on a Wednesday snooze, who knows! Nevertheless, some brave investors can't resist and have already placed their bets against the dollar. As if they think the dollar could be an egg hitting the floor during breakfast - inevitable! Yet, the truth is, the dollar is still waiting to see what the future holds. The sluggish US inflation plays the leading role in this financial drama. Money managers are wondering if they need to prepare for a sensation or if the dollar will just keep dozing. Pension funds, insurers, and mutual funds haven't quite made up their minds about getting in on the interest rate game. Some s...