The U.S. ECOMOMY IS ABOUT TO HIT A WALL
The U.S. economy is expected to post another roaring growth spurt in the second quarter, before a slow and steady dose of reality starts to sink in. Most economists believe…
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MARKETS STABILIZE
European stocks stabilized on Tuesday after their worst sell-off this year in the previous session, The pan-European STOXX 600 index rose after worries about the fast-spreading coronavirus Delta variant and…
Stocks up on China Exports
The surprisingly strong Chinese data implied that global demand remained strong and helped reassure investors that the world economy was healing from the COVID-19 pandemic, despite the spread of the…
OPEC ABANDONED MEETING
OPEC+ was plunged into crisis as a worsening fight between Saudi Arabia and the United Arab Emirates blocked an oil-supply increase. A spike in oil prices risks fanning wider moves…
Dollar vs Euro
Assuming the U.S. data remains broadly supportive, we expect the dollar to grind moderately higher against the euro through the course of the year. The euro may face further headwinds,…
Gold Down as Dollar Gains Strength
Gold was down on Tuesday morning in Asia, sending prices tumbling remaining close to the one-week low hut during the previous session and is set for its worst month since…
Tech leads Rally As Markets Soothes
Stocks found a footing and swinging bond markets calmed down on Wednesday, with testimony from U.S. Federal Reserve chair Jerome Powell providing investors with reassurance that the central bank has…
Dollar hold’s firm as the Pound struggles
The dollar held firm on Monday after posting its biggest weekly rise in six weeks as traders cut their bearish bets before a much-anticipated U.S. Federal Reserve meeting that might…
WHAT COMES NEXT FOR THE FED?
WHAT COMES NEXT FOR THE FED? Traders and investors are waiting to hear what the Federal Reserve Chair Jerome Powell has to say on Thursday (10-06-2021) at the annual Jackson…
U.S. NON-FARM PAYROLLS
U.S. NON-FARM PAYROLLS On Friday, the US employment report will be released (The non-farm payroll or NFP) is a monthly measure of US Labour market health released by the Bureau of…
Where will the BTC/USD be in the next month ?
Where will the BTC/USD be in the next month ? Bitcoin was supposed to be a revolution in the finance ecosystem, Bitcoin is world’s first decentralized cryptocurrency. From the mid…
CRYPTO RECOVERY STALLS AS MINERS EYE EXITS
Crypto recovery stalls as miners’ eye exits Cryptocurrencies fought to find a footing on Monday after even weekend cheerleading from Tesla (NASDAQ: TSLA) boss Elon Musk seemed unable offset selling…
Ethereum Network Daily Transaction Expanded Over 1.51M
Ethereum Network Daily Transaction Expanded Over 1.51M According to a tweet from Frank Chaparro, daily transactions on Ethereum (ETH) blockchain network have increased to 1.51 million. In addition, the Ethereum network…
With Few New Clotting Cases, Johnson & Johnson Pause Could Be Lifted Soon.
With Few New Clotting Cases, Johnson & Johnson Pause Could Be Lifted Soon. Federal health officials are leaning toward lifting their recommended pause on the use of Johnson &…
Four banks dropped Liberty’s commodity trading business after alleged paperwork problems in metal trades.
Four banks dropped Liberty’s commodity trading business after alleged paperwork problems in metal trades. British industrialist Sanjeev Gupta’s companies seemed to be prospering until his main lender, Greensill Capital,…
Biden’s Infrastructure Plan, who will be affected
Biden’s Infrastructure Plan, who will be affected. Joe Biden unveiled what he called a “once-in-a-generation” investment in American infrastructure, promising a nation still struggling to overcome the coronavirus pandemic that…
Canada Approves Its Third Bitcoin ETF
Canada Approves Its Third Bitcoin ETF Canadian regulators have approved another Bitcoin exchange-traded fund (ETF). The approved Bitcoin ETF will be launched today by the CI Global Asset Management group. This…
Why Top Economists Are Citing a Higher-Than-Reported Jobless Rate
Why Top Economists Are Citing a Higher-Than-Reported Jobless Rate America’s official unemployment rate shows lower than last year’s rate at 6,3 percent while is reading almost the same…
Futures Rise Ahead of Another Busy Earnings Week
Futures Rise Ahead of Another Busy Earnings Week Stocks are set to open Monday morning moderately up,as U.S. equities futures rose Sunday evening. Dow Jones Industrial Average futures…
Hawkish market sentiment as European Central Bank indicates it may not use full funds in pandemic emergency bond-purchasing program
Weekly Market Update (January 18, 2021 – January 22, 2021) Hawkish market sentiment as European Central Bank indicates it may not use full funds in pandemic emergency bond-purchasing program…