News

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14 Mar 2024 09:33

Bitcoin exceeded $73,000

Daily News

Bitcoin broke the record by rising to $73,664. Thus, bitcoin broke the record for the 4th time in 6 days. Inflows to spot bitcoin ETFs triggered the rise in bitco...

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14 Mar 2024 09:32

Rising momentum in oil

Daily News

Oil is posting its biggest gain in five weeks after U.S. inventories fell. Oil extended its biggest gain in nearly five weeks after U.S. crude inventories fell an...

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14 Mar 2024 09:31

JPMorgan's gold forecast

Daily News

JPMorgan’s global head of commodity research expects gold to reach $2,500 an ounce this year. Gold has the potential to reach $2,500 an ounce this year, according...

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14 Mar 2024 09:30

Rogoff: Ultra-low interest rate era ends with Biden and Trump

Daily News

According to Harvard Professor Kenneth Rogoff, the US debt level is at risk of rising to dangerous levels under both Joe Biden and Donald Trump. Another predictio...

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14 Mar 2024 09:29

Wells Fargo impact on Tesla stocks

Daily News

Tesla shares fell nearly 2 percent after Wells Fargo downgraded its rating for the company. Tesla shares fell nearly 2 percent after Wells Fargo expressed concern...

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14 Mar 2024 09:28

US House of Representatives issues TikTok decision

Daily News

The US House of Representatives has passed a bill that would pave the way for a ban on TikTok in the country on the grounds that it “poses a national security con...

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13 Mar 2024 09:25

Spring signal for ECB rate cut

Daily News

European Central Bank (ECB) officials continue to strongly guide interest rates to the spring months. The latest statement came from the French member. European C...

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13 Mar 2024 09:24

Gold's rapid rise has stopped

Daily News

Gold extends losses as U.S. inflation data strengthens Fed’s focus. Gold snapped a record nine-day rally as U.S. inflation beat forecasts for a second month in Fe...

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13 Mar 2024 09:23

Rising momentum in oil

Daily News

Oil rose after four days of losses as an industry report showed shrinking U.S. crude inventories offset hesitant OPEC cuts. U.S. crude rose to around $78 a barrel...

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13 Mar 2024 09:22

US budget deficit hits $296 billion in February

Daily News

The US federal government's budget deficit increased by 13 percent in February compared to the same month the previous year, reaching $296 billion. The US Treasur...

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13 Mar 2024 09:22

US core inflation beats forecasts for second month

Daily News

Core inflation in the US exceeded estimates for the second month, confirming the Fed’s cautious interest rate cut view. Inflation in the US was 0.4 percent monthl...

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12 Mar 2024 09:21

Record Bitcoin mining revenues

Daily News

As Bitcoin prices continue to rally, Bitcoin miners’ daily earnings have also hit an all-time high. As the price of the largest cryptocurrency asset continues to ...

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12 Mar 2024 09:21

Contrasting market commentary from two major banks

Daily News

Strategists at JPMorgan and Bank of America (BofA) have diverged in their expectations for the S&P 500. Strategists from the two major banks have offered opposing...

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12 Mar 2024 09:20

ECB tends to keep critical reserve ratio constant

Daily News

The European Central Bank (ECB) is inclined to keep the reserve ratio that Eurozone banks must park at the ECB without interest. According to sources familiar wit...

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12 Mar 2024 09:19

Gold awaits US inflation data

Daily News

Gold bounced after eight straight days of gains as investors watched Tuesday’s consumer price index statement for clues about when the U.S. Federal Reserve might ...

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12 Mar 2024 09:18

The calm in oil

Daily News

Oil is set to ease ahead of the OPEC monthly report and US inflation data. Oil is trading flat after a three-day slide ahead of a raft of market reports and US in...

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11 Mar 2024 09:53

Fitch upgrades Turkey's credit rating

Daily News

International credit rating agency Fitch Ratings has upgraded Turkey’s credit rating from “B” to “B+”, while changing the outlook from “stable” to “positive”. Fit...

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11 Mar 2024 09:52

Oil trending down

Daily News

Oil fell ahead of U.S. inflation data and reports from OPEC and the IEA that could provide clues about the demand outlook this week. Brent futures fell 1.1 percen...

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11 Mar 2024 09:48

What do economists expect from the Fed in March?

Daily News

Following the latest data, economists say the risk of the Fed cutting interest rates later and by less is decreasing. Following Fed Chair Jerome Powell’s statemen...

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11 Mar 2024 09:47

Japan pulls back from the brink of recession

Daily News

Japan avoided a technical recession as revised fourth-quarter data showed the economy grew by 0.4 percent. Japan avoided a technical recession on Monday after rev...

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08 Mar 2024 09:32

Interest rate cut prediction from Europe's hawkish official

Daily News

German Central Bank President and European Central Bank Governing Council Member Joachim Nagel has predicted the possibility of a rate cut before the summer holid...

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