See: U.S. stock market skids Tuesday, spooked by Fed’s Powell tough talk on interest rates and 5% Treasury yields “If the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes,” Powell said,...
The idea is that bitcoin would act as the "reserve currency" for the Terra ecosystem, similar to how central banks hold large quantities of dollars in their foreign exchange reserves. LFGbought another $1.5 billionin bitcoin last week, taking its total reserves to about $3.5 billion. However,...
Year-over-year inflation measures may back off next April-July due to the “base effect,” because the base for the year-over-year data a year from now is the index earlier this year, which was very high. This is the same “base effect,” but opposite direction, that we experienced i...
A weak dollar is not necessarily bad, nor is a strong dollar necessarily good. A weak dollar makes imported goods more expensive for American consumers to buy, but it makes American goods a relative bargain abroad. American companies with a global reach can do well when the dollar is weak w...
The main driver of gold demand is speculative behaviour and investment activity on major funds like the GLD SPDR Gold shares on the New York Stock Exchange. This ETF is the most important gold fund in the world. This fund is valued at $31.225 billion with 809.15 tonness of gold under its...
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Cryptocurrencies have seen some correlation with U.S. stock markets and have fallen in tandem with stocks. There are also fears of a recession but an improving macroeconomic picture could help the crypto market find the bottom. "I think if inflation is under control, the economy is under c...
The Yen was mixed as the USD/JPY is approaching oversold levels. The U.S. Dollar (DXY) Index has fallen for 5 consecutive weeks. Notably, the Swissie is at oversold extremes against some risk currencies. The larger advancers over the past week comprised of; ...
Standard FIBC's are available from stock, ready to ship. Non-standard builders bags can be manufactured to customers' specific requirements Big bags manufactured ... Learn More More to Consider Quick View 00:42 Food Grade -FIBC /...
Price analysis 1/13: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX Bitcoin’s fall below $90,000 is a negative sign, but the bulls are expected to vigorously defend the $85,000 level. by Rakesh Upadhyay Jan 13, 2025 News Bitcoin January slump nothing new in ‘post-...