Market Reaction to US CPI Data Shrugging Off Higher CPI Figures Reverberations in the Bond Market It looks like markets have shrugged off the higher US CPI data from yesterday, and rather quickly at that. For me, the main reaction was in the bond market and that is the one that is reverberating across broader…
BNB Price Analysis: Will Binance Coin Rally Towards $350? Positive Signs for BNB Price BNB price is holding gains above the $300 pivot level and showing positive signs of a potential rally towards the $350 resistance zone. The price is currently moving higher above the $300 resistance, trading near $310 and the 100 simple moving…
Welcome to the Revolution: 16 and 17-Year-Olds to Vote in Newark School Board Elections A New Jersey city will now be allowing 16 and 17-year-olds the chance to use their voice in school board elections A city council vote was unanimously approved by Newark City Council on Wednesday allowing 16 and 17-year-olds to vote in…
FPT: Paving the Way for Future Technological Advancements Setting Long-Term Goals for 2030 and Beyond When it comes to navigating the complex landscape of business challenges and opportunities in today’s fast-paced world, one company stands out as a true technology enabler – FPT. With a strong focus on innovation and a clear vision for the…
Ethereum Price Eyes a Downside Correction Ethereum’s Price Surge Ethereum has been making significant strides in the cryptocurrency market, with its price climbing above the $2,600 resistance level. This surge has been particularly noteworthy as ETH has outpaced Bitcoin in recent days. Currently, Ethereum is holding gains above the $2,580 support zone, further bolstering its…
Escalation in Airstrikes on Houthis Sends Oil Prices Soaring: A Recap of Asia-Pacific FX News on ForexLive Federal Reserve Bank of Minneapolis President Neel Kashkari speaks on the economy Friday As tensions escalate in the Middle East, particularly with the recent increase in airstrikes on Houthis, the world is closely monitoring the impact on various…
Unleashing the Numbers: China’s December CPI Expected to Rise by 0.3% Instead of 0.4% Inflation data from China for December 2023 Very weak numbers, deflation y/y and barely positive m/m. Monthly PPI -0.3% prior -0.3%. China’s consumer prices extended their decline for a third month. Factory gate prices (PPI) drive home the point of persistent…
The Integration of Bitcoin into Mainstream Markets Understanding Bitcoin’s Correlation with Traditional Assets The integration of Bitcoin into mainstream markets took a significant leap forward with the SEC’s approval of the first spot Bitcoin ETF in the U.S. This benchmark event underscores the importance of comprehending how Bitcoin interacts with conventional assets, especially for traditional…
