CherieK
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The US Federal Reserve initiated its easing cycle with 50 basis points rate cut last week. This week, Chinese markets joined the trend on Tuesday by cutting the rate by 50 basis points. This decision sparked a rally, with the $Hang Seng Index (800000.HK)$ and $SSE Composite Index (000001.SH)$ rising more than 4% in a single day. On the same day, the Reserve Bank of Australia left its cash rate unchanged at 4.35%. Howe...
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CherieK
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On September 24th, the People's Bank of China introduced a series of policy measures that ignited a frenzy among investors. These actions alleviated concerns regarding the stock and housing markets, leading to a "Super Tuesday" for Chinese assets. Trading activity was so intense that it caused glitches and delays in processing orders.
Hong Kong's Hang Seng Index surged 13% this week, marking its best perfo...
Hong Kong's Hang Seng Index surged 13% this week, marking its best perfo...
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CherieK
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Moomoo now offers crypto trading!
We know many of you are excited, but beginners might find terms like 'blockchain,' 'cold wallet,' 'private key,' and 'public key' confusing.
Let’s simplify them for you!
Why crypto emerged
Fiat currencies like the Singapore dollar or US dollar are backed by governments. However, excessive money printing can lead to inflation and decreased value. Cryptocurrencies aim to create a transparent, fair, and...
We know many of you are excited, but beginners might find terms like 'blockchain,' 'cold wallet,' 'private key,' and 'public key' confusing.
Let’s simplify them for you!
Why crypto emerged
Fiat currencies like the Singapore dollar or US dollar are backed by governments. However, excessive money printing can lead to inflation and decreased value. Cryptocurrencies aim to create a transparent, fair, and...
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CherieK
commented on
What does it mean when traders talk about the diamond hands, tendies, and stonks? And what about pump and dump? When you first enter the market, you may spend quite some time googling the stock lingos.
Newcomers are usually confused about the "language" of a certain community. To start on the right track, they need a lingo guide. For example, long, short, float, and dividend. What do these words mean?
While investing migh...
Newcomers are usually confused about the "language" of a certain community. To start on the right track, they need a lingo guide. For example, long, short, float, and dividend. What do these words mean?
While investing migh...
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CherieK : yes