2 years since FTX went down the gurgler, customers have light at the end of the tunnel. They will get their money back in early 2025, starting with customers with claims of US$50,000 or less. This includes customers around the world, although it had been estimated that 30,000 or so were in Australia. But before…
Currency
Mortgage holders hopefully of a February rate cut are a little more hopeful than they were a week ago, but how hopeful should they be?
Their fears of a rate hike have all but disappeared, although they don't know when they will see rate cuts. Rates are at 4.35% and have been for more than a…
It finally happened - the bitcoin price exceeded US$100,000. It has been a spectacular run in 2024 with the digital currency more than doubling this year, putting it well ahead of most stock market indices and most other investable assets generally. Its total market capitalisation, at US$3.8tn, exceeds even Nvidia (NDQ:NVDA) and Apple (NDQ:AAPL), the…
The AUD to SGD forecast is a vital factor for traders, investors and anyone engaged in business or travel particularly to those countries. This forecast is also important for import and export activities between Australia and Singapore. The Australian Dollar (AUD) and the Singapore Dollar (SGD) represent two strong regional economies, and their exchange rate,…
