The US dollar and gold are among the most popular trading instruments and find a place in investor portfolios. Both are highly responsive to economic indicators and enjoy significant liquidity. Here’s a look at the correlation between the two. The Negative Correlation Between USD and Gold Both US dollar and gold have offered positive returns
Gen Z has a spending capacity of $860 billion in 2024, which is expected to rise to $1.8 trillion by 2035. Are you ready to meet their needs? The 377 million-strong Gen Z already actively participates in household decision-making around finances. With entrepreneurial dreams, this generation is significantly more well-informed about all aspects of
While targeting younger generations, fintech challenger banks like Atom Bank choose interactive marketing campaigns. With one of their campaigns, they invited clients to design their own logos, creating a buzz about the brand. Players in the BFSI sector depend on creative content marketing strategies like these to improve customer engagement and retention and position themselves
The rise of tech-first brokers has taken the lead in attracting both new traders and IBs (introducing brokers) to pose stiff competition for traditional brokerage firms. The good news is that the demand side is expected to continue expanding. The global securities brokerage and stock exchange services market is expected to expand at a CAGR
“There are some things that money can’t buy; for everything else, there’s…” If you saw this tagline, I bet your brain would automatically fill in the last word as “Mastercard.” That’s the power of content. Why am I talking about such an old tagline? That’s because Mastercard celebrated the 25th anniversary of its “Priceless” campaign
Technology has disrupted the financial sector to the extent that a new word – Fintech – needed to be coined. India, given its high proportion of early tech adopters, welcomed fintechs with open arms. That’s what drove digital payments to such an extent that some of us don’t find the need to carry our wallets
The good news for brokers is that online trading is seeing a huge rise in popularity, thanks to advances in technology. Unfortunately, this move to online trading also gives opportunities for hacktivism. Brokers collect and store sensitive personal and financial data, which makes them tempting targets for cyber criminals. A cyber-attack can lead to significant
Did you know India ranks Number #1 in cryptocurrency adoption? Yes, more than 1.5 crore Indians hold cryptocurrency assets. But why has crypto grabbed the fancy of novice and experienced traders alike? One of the main reasons is the extreme volatility that the crypto markets tend to exhibit, which offers the potential for outsized gains.
The number of Demat accounts in India reached 11 crores in January 2023 from 8.4 crores in January 2022, rising 31%. What’s more, an estimated 60 million Indians, or 4.3% of the total population, had opened over 100 million Demat accounts as of 2022. Wondering what a Demat account is and why it is so
