Meta Financies

      The share price of the Australian-listed miner has risen about 150% since the Russia-Ukraine crisis started in late February, and hit a record high of 7.90 Australian dollars ($5.47) on Wednesday. In other words, an investor who purchased Whitehaven shares late last year would have seen his or her investment increase more than three times. Chatter among stockwatchers on the popular online Australian stock market forum HotCopper has also increased. Some were excited over Whitehaven’s all-time high while others were careful that its share price could be “too high.” But one analyst had words of caution. For investors who are toying with whether to cash in on the stock should be wary as the stock is now highly speculative, Australian stock analyst Under The Radar Report mining analyst Peter Chilton said. “It’s a good company but there’s been a great deal of share price exuberance, which is not sustainable,” Chilton said. Based on its last full-year results, Whitehaven is not profitab

      ghai and Hong Kong fell while Tokyo and South Korea advanced. Oil prices retreated.  Wall Street's benchmark S&P 500 index lost 0.7% on Monday, adding to last week's losses. Stocks tumbled after Fed chair Jerome Powell indicated Friday the U.S. central bank will stick to a strategy of rate hikes to cool inflation that is at multi-decade highs. That appeared to quiet speculation the Fed might ease off due to signs economic activity is cooling. “Markets are still digesting Jay Powell’s hard-hitting message on inflation" while the European Central Bank also is giving “more hawkish” signals, said Venkateswaran Lavanya of Mizuho Bank in a report. The Shanghai Composite Index lost 0.5% to 3,225.10 and the Hang Seng in Hong Kong tumbled 0.9% to 19,851.86. The Nikkei 225 in Tokyo gained 1.2% to 28,217.36 after the official unemployment rate for July held steady and the labor participation rate, or the share of the working-age population that is in jobs, stayed at a recor

       A comprehensive examination of cryptocurrencies is being conducted by the military's innovation office in order to determine the risks that the emergence of digital assets poses to law enforcement and the nation's security. The research will last a year, and it will be carried out by the Defense Advanced Research Projects Agency, also known as DARPA. DARPA is the organization that created the first internet-supporting technology. In part to assist law enforcement in clamping down on the illegitimate usage of digital assets, the company will provide tools that give the Pentagon a detailed insight of the inner workings of crypto marketplaces. A program manager with the organization, Mark Flood, told The Washington Post that the current study "involves mapping out the cryptocurrency universe in some depth." The agency wants to use the data to gain insights into the dynamics shaping traditional financial markets, where precise information is more difficult to come

      Founded in 2007, IC Market is regarded as a "CLASSIC" foreign currency brokerage of the current period, with headquarters in Sydney, Australia. IC is a well-known and HIGHLY regulated (by ASIC) brokerage dedicated to providing market traders with the BEST trading experience possible. The brokerage firm is run by International Capital Markets PTY, and the headquarters are on level 6 of 309 Kent Street in Sydney. When compared to other other brokers in Australia, the IC market is widely regarded for offering the most leverage as well as the lowest spreads and costs. In addition, IC offers Futures, Commodities, and Indices. The IC Markets has strengthened its executive team with the recent appointment of Andreas Skianis as Global Head of Partners. Skianis began his new position with the organization this month and is headquartered in Limassol, Cyprus, according to his LinkedIn profile. "I'm excited to announce that I'll be starting a new position as Head of Pa

       Experts in the crypto industry have different ideas about where cryptocurrencies are going. Some people think the market will stay volatile, but others think it will calm down in the second half of 2022. Boston Consulting Group (BCG), Bitget, and Foresight Ventures put out a report called "What Does the Future Hold for Crypto Exchanges?" in July of this year. It showed that the crypto economy is here to stay, even though the crypto market has been slowing down recently. "Just 5 years ago, the top 20 coins looked very different than they do now. Layer 1 tokens are one of these. They can validate and complete transactions without needing another network. Overall, the crypto ecosystem has grown up a lot. There are now about 10,000 applications, up from only 800 in 2017 "the report said. The report also said that institutional money has been pouring into the asset class, which has made the market less volatile and more stable. The BCG report used Coinbase's a

      A late burst of buying erased some of the stock market’s losses Thursday, leaving indexes mixed on Wall Street though still on pace to end lower for the week. The Standard & Poor’s 500 rose 0.3% after having been down 1.3% earlier in the day. The benchmark index’s positive turn in the last 10 minutes of trading ended a four-day losing streak. The Dow Jones industrial average also bounced back from an early slide to finish with a 0.5% gain, while the tech-heavy Nasdaq composite fell 0.3%. Several measures of small and midsize companies also lost ground, including the Russell 2000, which closed 1.2% lower. The mixed finish for stocks comes as traders look ahead to the Labor Department’s latest monthly job market snapshot Friday. The Federal Reserve will consider the August update on job and wage growth as it determines further interest rate increases in its bid to slow the economy enough to bring down inflation. “We’ll be able to get a better read on markets tomorrow after that