The 5 Shocking Frugality Rules That Rich People Secretly Follow
When we think about the ultra-wealthy, images of luxury cars, massive mansions, and lavish parties often come to mind. But what if the path to wealth isn’t paved with designer logos and conspicuous consumption? The truth might surprise you: many millionaires and billionaires follow strict frugality rules that directly contrast with how we imagine rich […]
EURUSD continues to hug a trendline as the US Dollar remains supported amid uncertainty
The Trump’s announcement of 25% tariffs on auto imports yesterday weighed on the euro as traders increased slightly their bets for more ECB easing this year on the expected hit on the European economy. The EU-US yield differentials have been moving more in favour of the US in the recent weeks as the spike following […]
CME Group to Utilise Google Cloud’s Universal Ledger for Tokenisation and Payments LeapRate
CME Group and Google Cloud announced they will collaborate to pilot tokenization technology and wholesale payment solutions. CME Group revealed it has successfully completed the first phase of integration and testing of Google Cloud Universal Ledger (GCUL), a distributed ledger designed to streamline asset management and financial transactions. The initiative aims to improve collateral, margin, […]
Icahn’s Investing Style Earned Him 31% Annual Returns For 43 Years
This is Carl Icahn! . He’s known as the “corporate raider” of Wall Street. He’d hijack company boards, raise stock prices, and sell at huge profits. Here’s how his vicious and unique investing style earned him 31% annual returns for 43 years: Most investors make money by selecting stocks with great management teams. Because they […]
Why Frugal Living Alone Won’t Make You Rich – Here’s What Will
Have you ever skipped your morning coffee shop visit, packed a sad desk lunch, or said no to dinner with friends because you’re trying to save money? We’ve all heard the advice: cut back on small expenses and watch your wealth grow. It’s the “latte factor” – the idea that those $5 daily coffees keep […]
A steadier mood to start the day with Trump’s tariffs only a week away
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]
HKEX Lists Asia’s First Single Stock Leveraged and Inverse Products LeapRate
Hong Kong Exchanges and Clearing Limited (HKEX) has launched Asia’s first Single Stock Leveraged and Inverse (L&I) Products. The firm announced the move on Monday. It further expands its exchange-traded product (ETP) offerings. The new products, managed by CSOP Asset Management Limited, provide directional exposure to the daily returns of highly liquid overseas stocks. They […]
Strategy Aims For More Bitcoin With ‘Strife’ Stock: How Does It Work? – Strategy (NASDAQ:MSTR)
Strategy MSTR, the company formerly known as MicroStrategy, has introduced a new financial instrument with a striking name and unconventional structure: the “Series A Perpetual Strife Preferred Stock.” What Happened: This latest issuance is part of the firm’s ongoing efforts to fund its aggressive Bitcoin BTC/USD accumulation strategy, and it arrives with terms that diverge […]
Top 10 Signs You’re an INFJ, the World’s Rarest Personality Type
Have you ever felt like you don’t quite fit in? Do people tell you that you’re hard to read or that you try to understand others too deeply? You might be an INFJ, the rarest personality type in the world. Making up only 1-2% of the population, INFJs (also known as “The Advocate” or “The […]
PBOC sets USD/ CNY reference rate for today at 7.1788 (vs. estimate at 7.2630)
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a “band,” around a central reference rate, […]