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Key Points: Tesla shares dropped 15.4% on Monday, marking their worst single-day decline since 2020. Musk faces backlash over his ties to Trump, with protests and vandalism at Tesla dealerships. Tesla's German sales fell 76% in February, raising concerns over European EV demand. In Washington, DC, stocks of Elon Musk's Tesla dropped by more than 15.4% on Monday. It is the largest single-day decline in several years with a broad-based market sell-off sparked by potential recession concerns and uncertainty over President Donald Trump's tariff plans. Shares registered their worst day since September 2020, closing more than 50% below their record closing high of $479 on December 17 last year. Wall Street faced a major sell-off due to concerns over declining electric vehicle sales and politically driven protests against Mr. Musk over his involvement in the Trump administration. The Tesla chief, however, seemed to dismiss the market concerns. Replying to a post on Twitter about the largest single-day drops in Tesla shares, Mr. Musk wrote, It will be fine long-term. A Look At Tesla Shares Tesla shares plunged 15.4% by the end of Monday's trading session. It was the largest single-day percentage decline since September 2020, when shares saw a decline of over 21% in a single day. With this, Tesla stocks witnessed a total decline of 41.4% year-to-date so far in 2025. This involves a drop of over 36.6% in the past months. On March 10, Tesla stock fell more than half to a new market cap of $696 billion after reaching its all-time largest market capitalization of $1.5 trillion on December 17. UBS lowered its price target on the stock to $225 from $259, citing lower delivery forecasts for the first quarter as it sees resulting from softer demand for Tesla's Model 3 and Model Y vehicles. This contributed to the sell-off, along with broader concerns about the US economy facing a recession and a widening trade war with President Trump's tariff threats. On Monday, the S&P 500 ended the trading day 2.7% lower - its lowest closing level since September and its biggest daily percentage decline since December. The Dow Jones Industrial Average, dropped 2%, for its lowest close since November 4, the day before Trump was elected President. The Nasdaq Composite plunged 4% to a near six-month low. Protests Against Tesla Chief Executive of Tesla, Mr. Musk, has been facing protests and even vandalism at some of its dealerships. Last week, shots were fired at a Tesla dealership in Oregon, While in Boston, someone set fire to the company's charging stations. Authorities also arrested some violent protestors for rallying at a Tesla dealership in Lower Manhattan. Additionally, a recent report found that Tesla car sales in Germany, Europe's largest market for electric vehicles, fell by 76% in February compared with a year earlier, sounding alarm bells for the entire European market. Questions Over Musk's Leadership The fall in Tesla stock came as its chief Musk is facing questions about how much attention he is paying to his businesses while serving as an adviser to President Trump. Over the week, Mr. Musk's business empire including Tesla, social media site - Twitter and the rocket master - SpaceX, has run into challenges. As Tesla shares fell on Monday, Twitter users reported widespread outages. Before that, last week, a SpaceX rocket exploded in Florida during launch, showering some places with debris. Mr. Musk was quick to blame the Twitter issues on a cyberattack stemming from Ukraine, without providing evidence. He posted on Twitter that Democratic donors were responsible for seeding protests against Tesla, again without evidence. In response to the SpaceX explosion, he said: "Rockets are hard." Read More Articles: Canada Sends PGP Invitation for PR of Parents & Grandparents Asian Stocks Rise as Tariff Reliefs Market Sentiment Dubai Residential Market Grows: 55% Transactions Surge in Q4 2024 Electoral Bonds in Tax Bill 2025: Expert Opinions and Impact Disclaimer: Finance Knock provides information from reliable and credible sources. However, we recommend verifying the details before making any financial decisions. Although we aim to provide accurate information, we are not responsible for any decisions made based on our content.
Key Points: Canada's Immigration Department announced ITAs for the 2025 Parents and Grandparents Program (PGP) PGP 2025 invitations will be sent to those who submitted Interest to Sponsor forms in 2020. The Super Visa allows stays for up to five years, with loosened health insurance requirements for applicants. On March 7, 2025, Canada's immigration department announced that it would send Invitations to Apply (ITAs) to potential sponsors in 2025. Some Canadians and permanent residents will be invited to apply to sponsor their parents and grandparents for permanent residency in 2025. In January 2025, Immigration Refugees and Citizenship Canada (IRCC) announced that it would not send new invitations under the Parents and Grandparents Program (PGP) this year and would instead process applications submitted in the 2024 intake. This announcement means that foreign nationals who submitted an Interest to Sponsor form under the PGP in 2020 could receive an Invitation to Apply (ITA) in 2025. However, the government did not announce when to send the invitations but promised to release more details in the coming months. IRCC uses a lottery system to randomly select potential sponsors from the PGP pool. Thus, all invitations for the current PGP program have been sent to those who submitted Interest to Sponsor forms in the 2020 intake. The intake has not yet re-opened. Foreign nationals and Canadian citizens who have not been able to sponsor their parents and grandparents under the PGP can take advantage of the super visa program to sponsor their relatives to visit them in Canada for extended periods. About the Parents and Grandparents Program The Parents and Grandparents Program (PGP) is a family reunification pathway to permanent residence. It allows Canadian citizens, permanent residents, and registered Indians to sponsor their parents and grandparents for Canadian permanent residency. To be eligible, the sponsoring person must meet minimum income requirements in addition to other criteria, and their relative(s) must be admissible to Canada. You cannot apply for the PGP directly. Those eligible to sponsor must submit an Interest to Sponsor form to the federal government, and then wait for an invitation to apply. Sponsors are selected randomly from the pool. When the PGP opened intake in 2020, it received a large number of Interest to Sponsor forms and has not re-opened intake since then. In each of the following years since 2020, the government has sent ITAs to people who submitted Interest to Sponsor forms in the 2020 intake. About the Super Visa Under the Super Visa program, permanent residents, registered Indians, and Canadian citizens can sponsor their parents and grandparents to live with them in Canada for extended periods. Super Visas are valid for up to 10 years and allow multiple entries into Canada. Super visa holders have temporary resident status, and can stay in Canada for up to five years at a time, and can extend their stay for two years. Sponsors must meet minimum income requirements, and foreign national applicants must purchase third-party health insurance for the duration of their stay in Canada. The Canadian federal government recently loosened healthy insurance requirements for the Super Visa program to allow applicants more options for purchasing coverage. Read More Articles: Asian Stocks Rise as Tariffs Reliefs Market Sentiment Balancing Crypto Risks: Safer Investment Strategies in 2025 Dubai Residential Market Grows: 55% Transactions Surge in Q4 2024 Electoral Bonds in Tax Bill 2025: Expert Opinions and Impact Disclaimer: Finance Knock provides information from reliable and credible sources. However, we recommend verifying the details before making any financial decisions. Although we aim to provide accurate information, we are not responsible for any decisions made based on our content.
Key Points: The U.S. imposed new tariffs on Canada, Mexico, and China but exempted automakers for a month, lifting U.S. and Asian stocks. The European Central Bank is expected to cut interest rates as trade wars and military spending increase. Gold prices steadied, and Brent oil prices remained near a 3-year low amid rising U.S. crude stocks and OPEC's plans to boost output. On Thursday, Asian stocks rose as investors held out a hope that trade tensions could ease after the U.S. President Donald Trump exempted automakers from tariffs for a month, while the euro stood ahead of the European Central Bank policy meeting. In Asian hours, Japanese government bonds fell sharply after German long-dated bonds were swept up in their biggest sell-off in years as the parties were in talks to form Germany's new government and agreed to try loosen fiscal rules. Japan's 10-year government bond yield hit a near 16-year high as sentiment remained fragile. On Tuesday, much of the focus remained on the escalating global trade war after 25% tariffs on imports from Mexico and Canada were imposed along with fresh duties on Chinese goods, sparking fears about economic growth. However, on Wednesday, the White House said Trump will exempt automakers from his 25% tariffs on Canada and Mexico for one month as long as they comply with existing free trade rules. This led U.S. stocks to rise a lot, shoring up Asian markets in early trade. MSCI's broadest index of Asia-Pacific shares outside of Japan was up by 0.86%, while Tokyo's Nikkei gained 0.8%. Head of research at Pepperstone, Chris Weston, said: "Obtaining any kind of reliable signal from the headlines is almost impossible. One must truly feel for those businesses that need to plan - with tariff policy changing almost daily, the ability to have any sort of confidence to make strategic decisions is currently almost impossible - this will have implications." Shares of China and Hong Kong rose on Thursday, a day after Beijing set an ambitious economic growth target and vowed more support for domestic consumption and the tech industry getting caught up in a trade fight with the United States. China's Blue-Chip Index rose 0.6% while Hong Kong's Hang Seng Index, one of the best performing major stock markets in the world, surged by 2.4%. Hang Seng is up by 20% so far this year and reached its highest level since January 2022 on Thursday. ECB Day Investors will focus on the European Central Bank meeting on Thursday where it is widely expected to cut interest rates again as policymakers contend with trade wars and increased military spending in the region. This meeting comes a day after the euro jumped 1.5% and a selloff in German bonds as the parties were in talks to form Germany's new government agreed to create a 500 billion euro infrastructure fund and overhaul borrowing rules. German's 10-year Bundfutures fell to 0.6% on Thursday, later indicating a likely decline in cash bond prices. On Wednesday, the 10-year yield of the euro zone's benchmark, climbed 30 basis points, in its biggest daily rise since mid-March 2020, at the height of the pandemic crisis. The euro stood at a four-month high of $1.0808 in the early Asian hours, on course for over a 4% rise this week with its strongest weekly performance since March 2009. FX Markets Analyst at Ballinger Group, Kyle Chapman, said: "Is it the game changer that switches Germany from a drag-on activity to an engine of growth? It won't be a magic bullet, but it is a step in the right direction. While Germany has plenty of space to rack up some more debt, the likes of France and Italy do not have the same privilege, and a fiscal risk premium might put the reins on a stimulus-fuelled rally." Since early November, the dollar index which measures the U.S. currency against six other units, eased to 104.11, touching its lowest level. In commodities, gold prices were steady at $2,924.11 per ounce as traders await the U.S. non-farm payrolls report on Friday for cues on the Federal Reserve's policy path. This week, oil prices tried to catch a break after stumbling in the previous sessions, undermined by a larger-than-expected jump in U.S. crude stocks, OPEC plans to increase output, and U.S. tariffs on key oil supplies. Over three years, Brent futures on Wednesday stayed close to the lowest level. Read More Articles: Dubai Residential Market Grows: 55% Txns Surge in Q4 2024 Electoral Bonds in Tax Bill 2025: Expert Opinions and Impact FinMin Requests ICAI to Review New Income Tax Bill of 2025 Trump Orders Treasury to Stop Minting Pennies to Cut Costs Disclaimer: Finance Knock provides information from reliable and credible sources. However, we recommend verifying the details before making any financial decisions. Although we aim to provide accurate information, we are not responsible for any decisions made based on our content.
Cryptocurrency offers both exciting opportunities and significant risks. Unlike traditional financial markets, cryptocurrency is highly volatile due to market trends and global events. The volatile nature of cryptocurrency, combined with the lack of centralized regulation, increases the risk of fraud, security breaches, and sudden market crashes. Given these risks, it is crucial to implement strategies for safer investments. Without proper risk management, investors can face significant losses. The key to managing the risks of cryptocurrency lies in research, secure storage practices, and tips to minimize potential losses. This blog will keep you aware of the risks of cryptocurrency so that you can make informed financial decisions and implement strategies to protect your holdings. What is Cryptocurrency? Cryptocurrencies are digital currencies that use blockchain technology to enhance the security and transparency of transactions. If you're wondering what blockchain is, it is a decentralized, immutable database that stores and validates data without a centralized administration such as a bank or other financial intermediary. After the introduction of the first cryptocurrency - Bitcoin, thousands of other currencies have emerged, each offering unique innovations. The value of these cryptocurrencies is determined by supply and demand in the market. Moreover, price is also affected by the amount of currency in circulation, the maximum supply, and practical applications in the real world. Investing in cryptocurrency has gained significant attention due to its potential for high returns. But, there are many pros and cons of investing in cryptocurrency. In some cases, cryptocurrencies offer financial inclusion, borderless transactions, and protection against inflation. However, there are many crypto investment risks such as extreme price volatility, uncertainty, and security threats like hacking or scams. Now that we understand what cryptocurrency is, let's explore its benefits. Benefits of Cryptocurrency Cryptocurrency offers a revolutionary approach to finance, providing fast, borderless transactions and greater financial inclusion. Here are a few benefits of cryptocurrency, that provide new opportunities for individuals and businesses worldwide. Independence: Cryptocurrencies were designed to be decentralized without the control of a centralized government or bank. Accessibility: Cryptocurrencies are easily accessible to anyone with an internet connection and a crypto wallet, even those without access to traditional banking. Lower Fees and Faster Time: Transactions of cryptocurrencies have lower fees and faster time than traditional bank transactions. However, routine bank transactions, like depositing cheques or withdrawing cash are usually quick and often fee-free. Transparency: Cryptocurrencies operate on fully immutable blockchain technology, meaning they cannot be changed, manipulated, or deleted, and every transaction can be tracked at any time. High Return Potential: Although cryptocurrencies are highly volatile, they have also given high returns depending on when purchased. However, it is important to understand that past performance does not guarantee future results. Risk in Cryptocurrency While many cryptocurrency offers exciting financial opportunities, they come with significant risks that cannot be overlooked. From extreme market volatility to security risks and regulatory uncertainty. The decentralized nature of cryptocurrencies sometimes exposes investors to potential losses. Therefore, balancing crypto risks is essential for the security and stability of cryptocurrencies. Common Risk Factors in Cryptocurrency Below are some common risk factors associated with cryptocurrency investments. Factors Risks Volatility The price of cryptocurrencies has proven to be extremely volatile, meaning the price can fluctuate at any time. This makes them highly unpredictable and risky for investors. Liquidity Liquidity risk in cryptocurrency refers to the challenge of buying and selling digital assets without causing significant price changes. Low liquidity can lead to higher volatility, making it harder to execute trades at desired prices. Regulatory uncertainties Regulations could impact how you use or access your cryptocurrencies, which can cause volatility and uncertainty. Policymakers are still taking time to establish clear and consistent guidelines. Security Risks and Scams Not all cryptocurrencies are created equal. Some newer cryptocurrencies could have higher scam risk than more established currencies. There is also no protection or insurance for lost or stolen crypto. Technical When storing your crypto privately, you are solely responsible for the safety and security of your currencies. Ensure that you don't lose the private key of your digital wallet, or a virus corrupts your wallet if you don't want to lose your funds entirely. How to Balance Crypto Risks? Balancing crypto risks requires a strategic approach that combines research, risk management, and diversification. The volatile nature of cryptocurrency makes it essential for investors to stay informed about market trends, regulatory changes, security threats, and crypto investment risks. 1. Invest in Crypto Companies Investing in crypto companies is a great way to balance crypto risks while investing in the crypto market. There are several companies like Coinbase Global Inc. also known as COIN and Robinhood Markets Inc. also known as HOOD. They heavily correlate with the cryptocurrency market and offer users a platform to trade crypto. 2. Diversify by Market Capitalization Bitcoin and Ethereum are the leading cryptocurrencies with the largest market capitalization, where Bitcoin stands at about $2 trillion, followed by Ether, which has a market cap of about $477 billion. On the other hand, cryptocurrencies with lower market caps might have stronger growth potential but lack stability. 3. Invest in Different Cryptocurrency Blockchains Blockchain is a technology that balances the security and transparency of cryptocurrencies. You might know that the blockchain of Ethereum facilitates the execution of agreements without a third party and allows dApps to be built on its platform. The capabilities of blockchain are in high demand in nearly every financial sector because of the solutions they offer for balancing crypto risks. 4. Diversify Crypto Investments by Geographical Location Investing in cryptocurrencies from different regions around the globe can provide exposure to a broader range of innovations within the cryptocurrency industry. It is a safe strategy for balancing crypto risks, especially in countries where cryptos are banned or heavily regulated. 5. Use Dollar-Cost Averaging The dollar-cost averaging method is perfect for balancing crypto risks because it makes dealing with the ups and downs of the market so much easier. However, you won't be able to invest a lump sum in one particular cryptocurrency. Wrapping Up Balancing crypto risks always requires a well-informed approach with strategic decision-making and a clear understanding of potential losses. Not all crypto or cryptocurrency platforms are created equal, and the market remains highly volatile. To navigate this space wisely, It is important to educate yourself, assess risks carefully, and only invest what you can afford to lose. By staying cautious and proactive, you can participate in the crypto market while safeguarding your financial well-being. Read More Articles: Telegram's Exclusive Crypto Toncoin Revolutionizes Blockchain $TRUMP Coin Surges to $10 Billion Marketing the Dawn of a "Crypto Golden Age" Under Trump Bitcoin Rebounds Over $97K: What to Expect Post-CPI Release FAQs Q1. What are the risks of investing in cryptocurrency? The risks of investing in cryptocurrency cover high volatility, regulatory uncertainty, security threats, and market manipulation. To ensure balancing crypto risks, you must research thoroughly, use secure platforms, and only invest what you can afford to lose. Q2. Are there any cryptocurrency security risks? Yes, investing in cryptocurrency comes with security risks such as hacking, phishing attacks, exchange breaches, and wallet vulnerabilities. To protect your crypto, use secure wallets, enable two-factor authentication, and avoid sharing sensitive information. Q3. Why is crypto so volatile? Crypto is highly volatile due to market speculation, regulatory uncertainty, and low liquidity as compared to traditional assets. New trends, investor sentiment, and sudden changes in the market can be the cause of cryptocurrency risks. Disclaimer: Finance Knock provides information from reliable and credible sources. However, we recommend verifying the details before making any financial decisions. Although we aim to provide accurate information, we are not responsible for any decisions made based on our content.
Key Points: Registered transactions surged by 55% Year-on-Year (YoY) to 33,110 in Oct-Dec 2024, up from 21,405 in 2023, indicating strong buyer interest. Sobha Realty ranked at the top, leading with 1,960 transactions and AED 4.3 billion in sales, followed by Azizi, Damac, and Emaar. Top micro-markets - Dubailand (28%), Jumeirah (22%), and Mohammed Bin Rashid (9%) together accounted for 59% of total transactions. In December 2024, Dubai's real estate market recorded 33,110 registered transactions, representing a 55% Y-o-Y increase compared to the 21,405 transactions recorded during the same period in 2023. This annual growth demonstrates strong buyer interest, while the minor quarterly adjustments show a steady and healthy market. The registered home sales value reached AED 65.23 billion, representing a 44% Y-o-Y increase over the AED 45.45 billion as reported in October-December 2023. The average registered home sales value adjusted slightly, settling at AED 1.97 million with a marginal drop of 7%. Chief Business Officer and Principal Partner of Global Markets Square Yards - Rabiah Shaikh said, "Dubai's residential market continues its upward trajectory driven by a strong regulatory framework, maturing investment landscape, and investor-friendly policies. The latest figures reassure the city's appeal, with double-digit growth in both residential transaction value and volume. Competitive advantages like favorable visa and mortgage frameworks, attractive rental yields, streamlined property acquisition, and tax incentives have reinforced the Emirate's position as a global property investment hub". At the end, Rabiah also said, "Looking ahead, we see a clear roadmap for sustained growth, aided by strategic initiatives like the Dubai Real Estate Sector Strategy 2033. The ambition to double the sector's contribution to GDP, improve homeownership, and push market value past AED 1 trillion underscores confidence in the long-term potential of Dubai's real estate market, with the residential segment at its core". Market Leaders and Key Projects In December 2024, Sobha Realty led the market with 1,960 registered real estate transactions, largely driven by its flagship project, Sobha Orbis. Followed by Azizi Developments with 1,158 registered transactions, with Azizi Venice being a top performer. Then, Damac Properties ranked third with 1,050 transactions carried out by its Damac ELO project. Binghatti Developers secured the fourth position with 700 transactions, led by its flagship project, Binghatti Hills. As for registered home sales value, Sobha Realty again topped the list with AED 4,297 million in registered home sales, driven by the strong performance of Sobha Orbis. Second was Emaar Properties, with a record of AED 1,965 million, largely attributed to Emaar Marina Cove. Damac Properties secured the third position with AED 1,464 million, supported by Damac Lagoon Views, whereas Azizi Developments ranked fourth with AED 1,370 million, backed by Azizi Venice. Area-Wise and Budget-Wise Trends The Dubai residential market saw units below 1,000 sq. ft. dominating 75% of transactions in the December quarter of 2024, moving up from 61% in the same period of 2023. In comparison, units with an area of more than 1,000 sq. ft. declined to 25% in Oct-Dec 2024 from 39% in the same period of 2023. This preference for compact living spaces was closely aligned with transaction values, as properties priced under AED 2 million accounted for 74% of the market in Oct-Dec 2024, up from 70% in the same period of 2023. The data indicated a clear market orientation toward low- and mid-tier segments, with premium properties in the AED 3-5 million range and above AED 5 million seeing a slight decline. During the Oct-Dec 2024 period, Dubai recorded 33,110 registered real estate transactions. Among the micro-markets, Dubailand led with a 28% share of the total market. Followed by Jumeirah, representing 22% of the market share. The third position was acquired by Mohammed Bin Rashid City, contributing 9% to the overall volume. Together, these three micro markets accounted for 59% of Dubai's total registered real estate transactions. For registered home sales value, Dubai recorded AED 65,231million during the fourth quarter of 2024. Dubailand contributed 24% of the total sales value. The Palm Jumeirah secured the second place, accounting for 14%, while Jumeirah followed closely with a 13% market share. These three micro markets together represented 51% of Dubai's total registered home sales value for the fourth quarter of 2024. Analysis of locality suggests that Business Bay and Jumeirah Village Circle (JVC) featured prominently, with Business Bay ranking first in sales value and JVC leading in transactions. Dubai Marina, Downtown Dubai, and Al Barsha also performed well within the central Dubai micro-market, whereas Bukadra and Dubai World Central showed intense activity in the outer regions. Read More Articles: Electoral Bonds in Tax Bill 2025: Expert Opinion and Impact FinMin Requests ICAI To Review New Income Tax Bill of 2025 Trump Orders Treasury To Stop Minting Pennies To Cut Costs Marginal Tax Relief for Income ₹12.1L - ₹12.7L for 2025-2026 Disclaimer: Finance Knock provides information from reliable and credible sources. However, we recommend verifying the details before making any financial decisions. Although we aim to provide accurate information, we are not responsible for any decisions made based on our content.