Category Archive: Finance, No picture
Jay Powell Gives Next U.S. President An Early Boost
Image Source: Pexels Jerome Powell has given the next occupant of the White House an early boost. The Federal Reserve chair’s double-sized rate cut on Wednesday shows the central bank has shifted from battling rising prices to the second part of its dual mandate: the pursuit of full employment. The Fed’s actions come with a lag, meaning the expected […]
Gold Could Be In For Long-Overdue Pullback
Friday saw gold hit yet another record high, after crossing the $2600 mark. In doing so, the metal closed at a fresh unchartered territory for the second consecutive week, remaining on course to potentially finish up for the seventh consecutive month. However, gold now looks quite overbought and may have to weaken first before heading […]
How to choose the best white label provider for your crypto exchange
Share this article How to choose the best white label provider for your crypto exchangeThe crypto market made an aggressive resurgence in 2024, and looking forward in 2025, it’s clear that launching a cryptocurrency exchange remains a promising venture. White label solutions offer a quick path to market without the complexities of building from scratch. […]
Last Time Fed Cut 50 Bps Was The Start Of The Great Financial Crisis
The markets are cheering that the Federal Reserve is once again back to lowering interests rates, and at a faster than expected pace. But the history of the beginning of new rate cutting cycles shows that all might not be so easily fixed. Especially when we look back to the last 50 basis point cut, […]
Crypto products see $321 million in inflows, Ethereum funds lag
Key Takeaways Digital asset investment products saw $321 million inflows following Fed’s dovish stance. Ethereum experienced its fifth consecutive week of outflows, totaling $29 million. Share this article Crypto products saw $321 million in inflows last week, except Ethereum (ETH) funds, which registered $28.5 million in negative net flows.As reported by CoinShares, this disconnect between […]
AUD/USD Exhibits Strength Above 0.6800 With RBA Policy Decision Under Spotlight
The AUD/USD pair performs strongly above 0.6800 in Monday’s European session. The Aussie asset gains as the Australian Dollar (AUD) outperforms its major peers ahead of the Reserve Bank of Australia’s (RBA) monetary policy decision, which will be announced on Tuesday.Traders expect the RBA to leave its Official Cash Rate (OCR) unchanged at 4.35%, with inflationary […]
Bitcoin Has Reached The $64000 Mark. Oil Rises Amid Escalating Conflict In The Middle East
On Friday, the Dow Jones (US30) Index gained 0.09% (+2.52% for the week), while the S&P 500 (US500) Index fell by 0.19% (+1.56% for the week). The NASDAQ Technology Index (US100) closed negative 0.36% (for the week +2.13%). Friday marked the quarterly expiration of futures and options. About $5.1 trillion worth of contracts expired on […]
US500 Weekly Action Areas & Price Objectives
In this update we review the recent price action in the emini SP500 futures contract and identify potential action areas and price objectives for the trading week aheadVideo Length: 00:06:24More By This Author:FTSE Fading From Two Week Highs As Pound WeighsFTSE Off Best Levels As BoE Stands Pat, Sterling ShinesSP500 Daily Trade Plan – Thursday, […]
Plenty Of Bullish Momentum
The market continues to show its approval of last week’s Fed decision in which the central bank went ahead with the bigger 50-basis point rate cut, while communicating a message that the US economy was fine. This was the perfect combination to send the US Dollar lower and risk assets flying higher.Video Length: 00:01:08More By […]
The Commodities Feed: Speculative Interest In Precious Metals Continues
Speculators continued to build long positions in precious metals as geopolitical risks in the Middle East, the Federal Reserve’s rate cut cycle and prospects of stronger festival demand in India keep the sentiment positive. Energy – ICE Brent recovers furtherICE Brent recovered to above $75/bbl this morning after falling to a low of below $70/bbl earlier in the […]
