


The data and its revisions were much higher than expected, which has changed the narrative around the size and timing of impending U.S. rate cuts in a boost to the USD. Benchmark 1-month expiry 25 delta risk reversals had seen their USD call over put implied volatility premiums increase this week - with EUR/USD and GBP/USD to new highs since July at 0.325 and 0.5...
Stocks tied to Chinese markets fell sharply on Tuesday after Beijing decided to hold off on new stimulus measures aimed at supporting the economy. QCP Capital analysts view this downturn as a potential opportunity for capital reallocation into the cryptocurrency market. "As the Chinese rally wanes, we anticipate capital reallocation back into crypto, reflecting...
If Ethereum cannot break through with high volume, there is a strong likelihood that sellers will step in, causing a potential reversal. The next significant resistance level after $2,500 is approximately $2,750, where Ethereum has previously encountered rejections. Historically, these moving averages have been trustworthy predictors of market direction and act...
The dollar eased from near seven-week highs against major currencies on Tuesday after investors assessed the outlook for U.S. rate cuts, even as the conflict in the Middle East continues to support the currency's safe-haven appeal. The euro EURUSD inched 0.1% higher to $1.098575, not far from the seven-week low of $1.09515 hit last week. The pound GBPUSD ...
The US dollar fell against its major trading partners early Tuesday, except for an improvement versus the Canadian dollar, ahead of a busy data of data releases and Federal Reserve speeches. Overnight, Fed Governor Adriana Kugler said she would support further reductions in the federal funds rate if inflation continues to slow as expected, adding that she will...
Based on on-chain data showing an increase in whale activity, Shiba Inu looks to be close to a possible recovery. More than three trillion tokens were transferred through major transactions on SHIB in the last day, which represents a notable increase in volume. Whale activity spikes like this one are unusual because they frequently occur before big changes in...
The initiative is supported by German companies, including the global reinsurance firm Munich Re, which offers security against the common risks associated with cryptocurrency staking. Staking with insurance Bison’s partnership with Munich Re and Staking Facilities — a German staking provider — will enable the crypto trading platform to provide insured ETH...
U.S. stock index futures bounced back on Tuesday from a selloff in the previous session, as investors turned their focus on key inflation data and third-quarter earnings later this week for fresh insights into the Federal Reserve's interest rate path. All three major indexes closed down around 1% on Monday, as a jump in Treasury yields, concerns about the impact...
The dollar eased from near seven-week highs on Tuesday, while investors awaited minutes of the Federal Reserve's latest policy meeting, due on Wednesday, and more economic data for insights on the U.S. interest rate outlook. Israel's military said on Tuesday it had begun ground operations in southwest Lebanon, expanding its incursions to a new zone a year after...
Gold prices were little changed on Tuesday as market participants awaited the minutes of the latest Federal Reserve policy meeting and economic data for insights on the U.S. interest rate path. Spot gold was stable at $2,639.45 per ounce by 0530 GMT, while US gold futures dipped 0.2% to $2,661.80. Tim Waterer, KCM Trade's chief market analyst, noted that a...
U.S. stock index futures extended gains on Friday after a crucial labor report showed a higher-than-expected rise in payrolls and lower-than-expected rise in unemployment, calming worries of a rapid cooldown in the jobs market. A Labor Department report showed nonfarm payrolls rose 254,000 in September compared with an estimate of 140,000, according to economists...
Japanese investment firm Metaplanet declared Monday that it to its portfolio for 1 billion yen ($6.7m). This acquisition raises the firm’s total Bitcoin holdings to 639.5, valued at 5.96 billion yen, or about $40m. *Metaplanet purchases additional 108.78 * — Metaplanet Inc. (@Metaplanet_JP) Bitcoin-Focused Treasury Strategy Mirrors MicroStrategy’s...
Another bullish call for Bitcoin came from JPMorgan, which believes investors are turning toward gold and Bitcoin. “ ising geopolitical tensions and the coming election are likely to reinforce the ‘debasement trade’ thus favoring both gold and Bitcoin,” JPMorgan said in a report shared with Cointelegraph.
In addition, there is the global economy to worry about and the signals from oil and other commodities are poor. Brent and WTI today settled at the lowest since 2021, iron ore has plunged lately and copper is back to $4/lb. Finally, the yen carry trade isn't showing any signs of recovery after the battering in August. If anything, the growth-sensitive trades are...
The Dow Jones Industrial Average DJI has been rising for four consecutive weeks, gaining a total of 4.5% for the period. The latest leg up arrived Friday when the US released its monster job figures for September — a mind-blowing 254,000 new hires, crushing expectations for 145,000. And that’s when the 30-stock Wall Street index climbed 0.8% to a fresh record...
In addition, there is the global economy to worry about and the signals from oil and other commodities are poor. Brent and WTI today settled at the lowest since 2021, iron ore has plunged lately and copper is back to 4/lb. Finally, the yen carry trade isn't showing any signs of recovery after the battering in August. If anything, the growth-sensitive trades are...
In addition, there is the global economy to worry about and the signals from oil and other commodities are poor. Brent and WTI today settled at the lowest since 2021, iron ore has plunged lately and copper is back to $4/lb. Finally, the yen carry trade isn't showing any signs of recovery after the battering in August. If anything, the growth-sensitive trades are...
Gold prices eased on Monday as bets firmed for a smaller U.S. rate cut in November after strong jobs data, while investors awaited inflation data and comments from Federal Reserve officials for further cues. Spot gold GOLD slipped 0.3% to $2,643.13 per ounce by 0649 GMT. U.S. gold futures GOLD edged 0.2% lower to $2,662.70. The stronger-than-expected...