by New Momentum | Sep 16, 2022 | News
Ethereum and “The Merge” On Thursday, Ethereum, a crypto worth $200 billion, finalized an extremely crucial upgrade to its systems. It has been called “The Merge”, because of the joining of the existing execution layer of Ethereum with its new proof-of-stake consensus... 
by New Momentum | Sep 8, 2022 | News
No surprises: another hike from the ECB – On Thursday, the ECB announced a 75-bp interest rate hike, taking its benchmark deposit rate to 0.75%, aiming at ensuring “the timely return of inflation to the ECB’s 2% target”. Moreover, according to its statement,... 
by Webartesanal | Aug 4, 2022 | News
AMTD Digital to the moon! AMTD Digital, a little-know fintech company based in Hong Kong, has recently become the latest meme stock in the market. It went public in mid-July on the NYSE with an IPO price equal to $7.80 per share and, after two weeks, it hit the... 
by New Momentum | Jul 21, 2022 | News
Italian Debt Sells Off as Draghi Resigns Italian financial markets sold off on Thursday as Prime Minister Mario Draghi’s resigned, bringing an end to a national unity government seen to have had a rare opportunity to bring stability and unlock the nation’s economic... 
by New Momentum | Jul 14, 2022 | News
Euro vs US Dollar: PARITY! On Wednesday morning, the Euro hit parity with the US Dollar, as the two currencies had a 1:1 exchange rate. This was the first time since 2002, when the Euro was still a relatively “young” currency. Why? There are many reasons for the... 
by New Momentum | Jun 29, 2022 | News
Spanish inflation Spanish inflation surges to 37-year high at 10% Consumer prices in Spain rose at their fastest rate for 37 years in June, according to data released on Wednesday. Spain’s harmonised index of consumer prices rose to 10% in June, up from 8.5 per cent...
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