Bitcoin holds above $20,000 after crypto crisis
Bitcoin holds above $20,000 after crypto crisis The cryptocurrency industry has been on edge for the past week as Bitcoin continued to plunge to its lowest levels in years. Bitcoin, the world’s biggest cryptocurrency, dropped to as low as $17,592.78 on June 18, falling below the key $20,000 level for the first time since […]
Equity market boom generates trillions in company deals
Equity market boom generates trillions in company deals The global economy may be headed for recession but one sector that has seen incredible growth is the private equity market. Since the advent of the pandemic in 2020, the equity market has proven resilient and attracted many new investors. Earlier in June, we […]
Major markets tumble as recession fears build
Major markets tumble as recession fears build Equities, oil prices, and Bitcoin all plunged on June 14 due to heightened recession fears triggered by rising inflation. The US dollar, however, gained over major rivals, benefiting from its status as a “safe haven” ahead of another planned aggressive interest-rate hike from the Federal Reserve. Bond yields […]
Crypto crisis: Bitcoin crashes below $25 000
Crypto crisis: Bitcoin crashes below $25 000 Bitcoin crashed on June 13, dropping below $25 000 for the first time since 2021. The reason for the drop? Celsius Network, a huge US cryptocurrency lending company, froze withdrawals and transfers. The company cites “extreme” conditions as the reason for freezing transactions as financial market turbulence continues […]
Here’s why the world’s richest are pouring billions into private equity
Here’s why the world’s richest are pouring billions into private equity Stock crash, cryptocurrency tumbling, high-interest rates… 2022 has been marred by a few disastrous economic events. Despite the hardships, however, there are many, such as oil companies, that have profited through adversity. One group that’s always worth looking at is the world’s billionaires. So […]
Trade with trust: Here’s why CMTrading is the ‘Best Performing Broker’ in South Africa
Trade with trust: Here’s why CMTrading is the ‘Best Performing Broker’ in South Africa ‘No legacy is so rich as honesty’ William Shakespeare – The mark of a good business is its reputation and legacy; in 2022 CMTrading celebrates 10 years of excellence in the financial industry. Since 2012, CMTrading has consistently delivered a […]
Traders are grabbing Amazon at less than $130 a share!
Traders are grabbing Amazon at less than $130 a share! Amazon (AMZN) shares are surging following a major stock split for the world’s biggest online retailer. Earlier in June, CMTrading reported that Amazon was already 20% up ahead of the company’s huge 20-for-1 split on Monday, June 6. The market has responded well to the […]
Amazon stock extends gains ahead of 20-for-1 split
Amazon stock extends gains ahead of 20-for-1 split Amazon (AMZN) shares have been surging ahead of a major stock split for the world’s biggest online retailer. The company has approved a 20-for-1 split, first made public earlier in March, in a Securities and Exchange Commission filing on May 31. Amazon shares […]
Stock market rally: Should traders be aggressive?
Stock market rally: Should traders be aggressive? The first 5 months of 2022 have proved disastrous for most markets. The technology sector and cryptocurrency saw a mass selloff. The only sectors that continued to thrive were oil and wheat, though this is directly attributed to volatility caused by the ongoing conflict in Eastern Europe. And […]
Easier than ever to become a trader – Exclusive opportunity in Jozi!
Easier than ever to become a trader – Exclusive opportunity in Jozi! Record unemployment, weak Rand, high petrol prices… it is hard to overstate the economic uncertainty faced by South Africans. With the highest unemployment rate in decades, the pandemic has shown just our fragile the traditional workplace is to disruption; your typical […]