Canada May CPI 2.9% versus 2.6% expected US June consumer confidence 100.4 vs 100.0 expected Richmond Fed June manufacturing index -10 vs 2 expected Fed’s Cook: Current policy is well positioned, attentive to inflation expectations Shares of Fedex jump as 2025 guidance lowers capex, highlights cost savings Shares of Nvidia surge nearly 7% to lead…
Recent Shift in Cryptocurrency Market Pepe Coin Price Indicators Recent price indicators reveal a notable shift in the cryptocurrency market: whales are releasing their holdings from Pepe Coin to invest in a new meme coin savior, Alex The Doge (ALEX), which is currently priced at $0.0084. Investor Interest and Analysis This significant move has sparked…
The Restoration of Maharaja Ranjit Singh’s Statue at Kartarpur Sahib Historical Significance The Punjab government in Pakistan recently announced that they will be installing the restored statue of Maharaja Ranjit Singh, the first ruler of the Sikh Empire, at Kartarpur Sahib. This decision holds great historical significance as it pays tribute to a prominent figure…
Onchain Highlights Definition The crypto market behavior is very emotional. People tend to get greedy when the market is rising, which results in FOMO (Fear of missing out). Also, people often sell their coins in irrational reaction to seeing red numbers. Coinglass data shows that the crypto Fear and Greed Index has dropped to 30,…
Democrats in New York, Wildfires in New Mexico, and Protests in Kenya The New York Democratic Race Democrats in New York went to the polls on Tuesday to vote in a highly anticipated race that has become symbolic of the divisions within the party. The candidates have been in a heated battle, with each side…
Global Minimum Tax on Billionaires: A Game-Changer or Wishful Thinking? The Proposal Renowned economist Gabriel Zucman released a blueprint Tuesday showing the world’s governments that a global minimum tax on billionaires would be both technically feasible and economically beneficial, leaving political will as the only major obstacle preventing transformative changes to an international tax structure…
Credit Agricole discusses the impact of the RBA’s hawkish hold Introduction Credit Agricole recently released a report discussing the implications of the Reserve Bank of Australia’s (RBA) decision to hold its interest rates steady while adopting a hawkish tone. The report highlights the potential effects on currency pairs such as AUD/USD and AUD/NZD, and provides…
Top Indicator Points to Inevitable Crypto Market Rebound to New ATHs Ahead The altcoin industry led by meme coins will soon experience a major rebound after being trapped in a correction mode in the past few weeks. Increased fear of further crypto capitulation triggered by the Bitcoin (BTC) price drop below $60k on Monday, has…
