July 2024 - Page 25 of 267 -

Blockchain TVL and ETH fees are top indicators for predicting token price surges, data shows

Jul 29, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways TVL and fees in ETH are the best predictors of short-term token price movements. On-chain metrics outperform social sentiment in forecasting crypto price changes. Nansen and Bitget Research have released a report analyzing on-chain metrics as predictors of crypto token prices. Key findings suggest that on-chain activity, particularly total value locked (TVL) and […]

Sensex Today Ends 23 Points Higher; Nifty Above 24,800

Jul 29, 2024 Jeremy Parkinson Finance 0

Indian stocks began trading at an all-time high on Monday, driven by gains in the banking sector following positive quarterly results from major lenders.Indian stocks began trading at an all-time high on Monday, driven by gains in the banking sector following positive quarterly results from major lenders.At the closing bell, the BSE Sensex stood higher by 23 […]

Easing Inflation And Economic Shifts Signal Potential Rate Cuts

Jul 29, 2024 Jeremy Parkinson Finance 0

An important inflation gauge for the Federal Reserve showed a slight easing in June. The personal consumption expenditures (PCE) price index rose 0.1% for the month and 2.5% year-over-year, matching Dow Jones estimates. Core inflation, excluding food and energy, increased by 0.2% monthly and 2.6% annually. These figures align with expectations and keep inflation above […]

Bitcoin Is On Track To Return To $70,000 This Week

Jul 29, 2024 Jeremy Parkinson Finance 0

Bitcoin chart analysisOver the weekend, Bitcoin price continued the bullish consolidation from Friday. On Saturday, we saw an impulse above $69000 and the formation of a new high at the $69420 level. After that, the price began a retreat that lasted until Sunday morning and supported at the $67,000 level. With that support, the price […]

Gold Maintains Bullish Trend Ahead Of Busy Week

Jul 29, 2024 Jeremy Parkinson Finance, No picture 0

This week is pivotal for gold, indices and FX, with market-moving data releases, central bank meetings, and major company earnings reports to come. For gold, the focus will be on the FOMC rate announcement on Wednesday and the July jobs report on Friday. Anticipated downside risks for the dollar could benefit gold prices. Meanwhile, the […]

Democracy And Oil. The Energy Report, July 29, 2024

Jul 29, 2024 Jeremy Parkinson Finance 0

Oil prices are coiling in a tight trading range waiting to see if rising geopolitical risks will start to boil over. Israel, responding to Hezbollah attacks in Lebanon and a disputed election in heavy oil producer Venezuela, are just a few of the risks to start this week. If you have any question as to […]

Financial Market Stress: Not Yet, But…

Jul 29, 2024 Jeremy Parkinson Finance 0

Financial market stress is not in play… yetSo here is the thing. During a bull market or very bullish phase, indicators give the all-clear. Come on in, the water’s fine! Investors are always going to be complacent and market/economic signals at least stable (or quite positive) at market tops. It’s the way the markets work. […]

GBP/USD Analysis: Will The Bank Of England Raise Interest Rates?

Jul 29, 2024 Jeremy Parkinson Finance 0

At the end of last week’s trading, the GBP/USD price tried to rebound higher, but its gains did not exceed the 1.2877 level and closed the week’s trading stable around the 1.2863 level. Moreover, its losses extended in the same week to the 1.2847 support level, its lowest in two weeks. Amid this performance, financial […]

Eur/usd Outlook: Dollar Soars In Wake Of FOMC Meeting

Jul 29, 2024 Jeremy Parkinson Finance 0

The EUR/USD outlook points south, with the dollar firming ahead of Wednesday’s Federal Reserve policy meeting. Meanwhile, ECB policymakers have created a mixed picture of the outlook for European Central Bank rate cuts. Markets are preparing for several major events this week, including the Fed policy meeting and US nonfarm payrolls. Meanwhile, the Eurozone will release […]

Mapped: The Fastest Growing Housing Markets In The U.S.

Jul 29, 2024 Jeremy Parkinson Finance 0

This graphic shows the top 10 fastest-growing housing markets in the U.S., based on the growth of their housing stock between 2013 and 2022. Housing stock refers to the total number of homes (houses and apartments) within an area. All figures were sourced from a StorageCafe analysis of U.S. Census data. Data and HighlightsThe following table lists the data […]