News

image
15 Mar 2024 09:33

Bitcoin falls sharply after its peak

Daily News

Bitcoin fell sharply, falling 4.6 percent after breaking records throughout the week amid continued interest in spot Bitcoin exchange-traded funds (ETFs). ETF opt...

Read More
image
15 Mar 2024 09:32

Underneath the momentum is down

Daily News

Gold fell after the Fed strengthened its warning about cutting interest rates after U.S. inflation data. Gold fell after new economic data reinforced expectations...

Read More
image
15 Mar 2024 09:32

Oil at 4-month high

Daily News

Oil settled at a four-month high after the International Energy Agency revised its previous forecast of a surplus to project a supply deficit through 2024 on the ...

Read More
image
15 Mar 2024 09:31

US PPI wind continues in global markets

Daily News

After the US PPI data, economists postponed their expectations for the first Fed rate cut. The PBOC, which investors and economists expected to ease policy, drew ...

Read More
image
15 Mar 2024 09:30

Economists say Fed will stay put for longer

Daily News

The upward surprise in producer prices in the US has strengthened the idea that the Fed will postpone the interest rate cut. Nomura Holdings economists announced ...

Read More
image
14 Mar 2024 09:33

Bitcoin exceeded $73,000

Daily News

Bitcoin broke the record by rising to $73,664. Thus, bitcoin broke the record for the 4th time in 6 days. Inflows to spot bitcoin ETFs triggered the rise in bitco...

Read More
image
14 Mar 2024 09:32

Rising momentum in oil

Daily News

Oil is posting its biggest gain in five weeks after U.S. inventories fell. Oil extended its biggest gain in nearly five weeks after U.S. crude inventories fell an...

Read More
image
14 Mar 2024 09:31

JPMorgan's gold forecast

Daily News

JPMorgan’s global head of commodity research expects gold to reach $2,500 an ounce this year. Gold has the potential to reach $2,500 an ounce this year, according...

Read More
image
14 Mar 2024 09:30

Rogoff: Ultra-low interest rate era ends with Biden and Trump

Daily News

According to Harvard Professor Kenneth Rogoff, the US debt level is at risk of rising to dangerous levels under both Joe Biden and Donald Trump. Another predictio...

Read More
image
14 Mar 2024 09:29

Wells Fargo impact on Tesla stocks

Daily News

Tesla shares fell nearly 2 percent after Wells Fargo downgraded its rating for the company. Tesla shares fell nearly 2 percent after Wells Fargo expressed concern...

Read More
image
14 Mar 2024 09:28

US House of Representatives issues TikTok decision

Daily News

The US House of Representatives has passed a bill that would pave the way for a ban on TikTok in the country on the grounds that it “poses a national security con...

Read More
image
13 Mar 2024 09:25

Spring signal for ECB rate cut

Daily News

European Central Bank (ECB) officials continue to strongly guide interest rates to the spring months. The latest statement came from the French member. European C...

Read More
image
13 Mar 2024 09:24

Gold's rapid rise has stopped

Daily News

Gold extends losses as U.S. inflation data strengthens Fed’s focus. Gold snapped a record nine-day rally as U.S. inflation beat forecasts for a second month in Fe...

Read More
image
13 Mar 2024 09:23

Rising momentum in oil

Daily News

Oil rose after four days of losses as an industry report showed shrinking U.S. crude inventories offset hesitant OPEC cuts. U.S. crude rose to around $78 a barrel...

Read More
image
13 Mar 2024 09:22

US budget deficit hits $296 billion in February

Daily News

The US federal government's budget deficit increased by 13 percent in February compared to the same month the previous year, reaching $296 billion. The US Treasur...

Read More
image
13 Mar 2024 09:22

US core inflation beats forecasts for second month

Daily News

Core inflation in the US exceeded estimates for the second month, confirming the Fed’s cautious interest rate cut view. Inflation in the US was 0.4 percent monthl...

Read More
image
12 Mar 2024 09:21

Record Bitcoin mining revenues

Daily News

As Bitcoin prices continue to rally, Bitcoin miners’ daily earnings have also hit an all-time high. As the price of the largest cryptocurrency asset continues to ...

Read More
image
12 Mar 2024 09:21

Contrasting market commentary from two major banks

Daily News

Strategists at JPMorgan and Bank of America (BofA) have diverged in their expectations for the S&P 500. Strategists from the two major banks have offered opposing...

Read More
image
12 Mar 2024 09:20

ECB tends to keep critical reserve ratio constant

Daily News

The European Central Bank (ECB) is inclined to keep the reserve ratio that Eurozone banks must park at the ECB without interest. According to sources familiar wit...

Read More
image
12 Mar 2024 09:19

Gold awaits US inflation data

Daily News

Gold bounced after eight straight days of gains as investors watched Tuesday’s consumer price index statement for clues about when the U.S. Federal Reserve might ...

Read More
image
12 Mar 2024 09:18

The calm in oil

Daily News

Oil is set to ease ahead of the OPEC monthly report and US inflation data. Oil is trading flat after a three-day slide ahead of a raft of market reports and US in...

Read More