Category Archive: Finance, No picture
Australian Dollar Edges Lower Amid Rising Fears Over US-China Trade War
Image Source: Unsplash The Australian Dollar struggles as risk-off sentiment intensifies due to escalating US-China trade tensions. Australia’s Judo Bank Composite PMI rose to 51.1 in January from 50.2 in December, signaling a modest expansion. Fed’s Daly stated that the central bank remains in a wait-and-see stance, emphasizing the impact of economic uncertainty on policymaking. The […]
The Commodities Feed: Retaliatory Tariffs Vs Iranian Sanction Risk
Image Source: Unsplash Energy – China retaliatory tariffs There were two key factors influencing oil prices yesterday, firstly downward pressure came from China announcing retaliatory tariffs against the US, which included targeting US energy flows. However, countering this later in the session was President Trump signing a directive to increase economic pressure on Iran by enforcing […]
Can The Surge In Amazon Stock Continue As Q4 Earnings Approach?
Image Source: UnsplashInvestor sentiment has remained high for Amazon (AMZN – Free Report) stock since the company’s announcement of a record holiday season in terms of both sales and items sold.Amazon is still the most prosperous e-commerce enterprise with an edge over eBay (EBAY – Free Report) and even indirect global competitors Alibaba (BABA – Free Report) and JD.com (JD – Free Report). Furthermore, Amazon Web Services […]
This Week’s Economic Data Could Drive The Market’s Next Big Move
Image Source: UnsplashStocks finished the day higher in another volatile trading session. Most gains came following the JOLTS report, which was weaker than expected at 7.6 million versus estimates of 8.0 million. Meanwhile, last month’s numbers were revised to just over 8.1 million. The JOLTS numbers are so difficult to predict and have such significant revisions […]
SEC downsizes its crypto enforcement unit under Trump administration
Key Takeaways The SEC is reducing the size of its crypto enforcement unit under the Trump administration. The restructuring is part of efforts to promote crypto growth and reduce regulatory oversight. Share this article The US SEC is reducing the size of its Crypto Assets and Cyber Unit, which had grown to over 50 lawyers […]
Ethereum reaches all-time high volume of $38B as Eric Trump voices bullish sentiment
Key Takeaways Ethereum reached a record daily spot trading volume of $38 billion. Eric Trump publicly expressed optimism about Ethereum’s investment potential. Share this article Ethereum reached a record $38 billion in daily spot trading volume, while Bitcoin logged its third-highest volume at $49 billion, according to David Lawant, Head of Research at FalconX. Unsurprising […]
Market Talk – Tuesday, Feb. 4
Image Source: Unsplash ASIA:The major Asian stock markets had a mixed day today:• NIKKEI 225 increased 278.28 points or 0.72% to 38,798.37• Shanghai closed• Hang Seng increased 572.70 points or 2.83% to 20,789.96• ASX 200 decreased 5.40 points or -0.06% to 8,374.00• SENSEX increased 1,397.07 points or 1.81% to 78,583.81• Nifty50 increased 378.20 points or 1.62% […]
US lawmakers form working group to draft crypto rules as Bitcoin reserve plan gains traction
Key Takeaways US lawmakers announced a working group to draft regulations for digital assets and stablecoins. The Trump administration will evaluate a national Bitcoin reserve, with White House Crypto Czar David Sacks leading the internal working group. Share this article US lawmakers announced the formation of a working group on Tuesday, tasked with drafting a […]
Bitcoin Market Performance Shows Signs Of Distribution Cycle, Analyst Reveals
Image Source: Unsplash Bitcoin market activity over the past day has been marked by turbulence, with its value falling to as low as $90,000 levels earlier today before rebounding to just above $94,000.Despite this partial recovery, the cryptocurrency remains down 5.8% over the past week and more than 13% below its all-time high of $109,000, reached […]
This Trade War Might Be The Straw That Breaks The U.S. Dollar’s Back.
Image Source: Unsplash Originally posted by James Hickman at Sovereign.com:It was early spring in the year 1171 AD when Byzantine Emperor Manuel I Komnenos decided to go to war against his much smaller ally– Venice. And the historical record shows that it was a really bad idea.The Byzantine Empire was still a vast and powerful state […]
