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Archives by Year:
Stocks Stalled By Middle East Tensions
Stocks are stumbling to start October, as geopolitical tensions rise in the Middle East. White House officials received word that Iran was preparing to launch ballistic missiles against Israel, just days removed from Israel’s advancement into Lebanon. Oil prices are spiking in response, with November-dated crude futures last seen 3% higher and trading back above $70 […]
Mark your calendars for October 9th: The official Solidus AI tech AI marketplace launch
Share this article The future of AI is about to take a major leap forward with the launch of the AI Marketplace on October 9th. This game-changing platform, powered by SambaNova Systems, is set to revolutionize how we interact with AI technologies, making them accessible to businesses and developers alike.What is the AI TECH AI […]
Bitcoin drops below $62,500 on news of Iran’s imminent missile attack on Israel
Key Takeaways Bitcoin’s price fell below $62,500 amid news of an imminent Iranian missile attack on Israel. Geopolitical unrest, like the Iran-Israel conflict, influences Bitcoin’s market value. Share this article Bitcoin’s value plummeted below $62,500 on Tuesday following reports of Iran’s impending missile strike on Israel, CoinGecko data shows. At the time of reporting, BTC […]
Forex and Bitcoin trading: Exploring the best of both worlds
Share this article In today’s competitive financial landscape, investors and traders seek ways to diversify their investments. Forex, one of the oldest markets, serves as a cornerstone for currency traders, while Bitcoin has disrupted traditional markets, presenting modern opportunities. Despite differing mechanics and histories, both represent lucrative possibilities, particularly in American markets, where BTCUSD pairs […]
Robinhood launches crypto transfers in Europe, denies stablecoin rumors
Key Takeaways Robinhood has launched crypto transfer services in Europe with support for over 20 cryptocurrencies. The company offers a 1% crypto return on deposits as a launch promotion. Share this article Robinhood has expanded its crypto services in Europe, enabling customers to transfer digital assets in and out of its platform. This move reveals […]
USD Consolidates Gains After Powell Signals Caution On Rate Cuts Daily digest market movers: Markets to become even more data driven US Dollar Index Technical Analysis: Four-day high
The US Dollar (USD) trades broadly positive on Tuesday ahead of the Manufacturing Purchasing Managers Index (PMI) numbers from the Institute for Supply Management (ISM). The positive turnaround for the Greenback took place after traders priced in less interest rate cuts from the Federal Reserve (Fed) on the back of Chairman Jerome Powell comments. On the geopolitical side, […]
Median Household Income In August 2024
Motio Research’s initial estimate of U.S. median household income in August 2024 is $81,562. This figure is $3,017 (3.8%) higher than the firm’s initial estimate of median household income in July 2024 of $78,545.That very large increase followed the U.S. Census Bureau’s release of its annual median household income estimate for 2023 of $80,610, which prompted the firm to […]
Bitcoin kicks off ‘Uptober’ eyeing 22.9% historical gains
Key Takeaways Bitcoin’s historical October performance, known as ‘Uptober,’ is jeopardized by high futures interest and reduced spot buying. Despite potential market overheating, a 5% to 10% pullback could maintain Bitcoin’s uptrend. Share this article As October begins, the crypto market enters “Uptober,” a period historically associated with strong Bitcoin performance. Over the past nine […]
Gold Remains Bullish, Supported By China Stimulus
Gold is trading bullish already for a while and we have been talking a lot about that in the past. By recent China stimulus package, we can see Chinese stocks like Hang Seng Index (HSI) in a massive rally and at the same time Chinese yuan is getting stronger with room for more upside. If […]
Unlocking ASX Trading Success BXB Stock Analysis & Elliott Wave Technical Forecast – Tuesday, October 1
ASX: BRAMBLES LIMITED – BXB Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart) Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with BRAMBLES LIMITED – BXB. We see BXB could continue to push higher with a v-grey wave.ASX: BRAMBLES LIMITED – BXB 1D Chart (Semilog Scale) Analysis Fun Function: Major trend (Minuette degree, orange) Mode: Motive Structure: Impulse Position: […]
