EUROPEAN STOCKS BOUNCE BACK AS GERMAN CONSUMER CONFIDENCE RISES European stocks bounced back on Tuesday as the volatility in the market continued. In Germany, the DAX index rose by over 0.77% while in France, the CAC 40 index rose...
EUROPEAN STOCKS BOUNCE BACK AS GERMAN CONSUMER CONFIDENCE RISES European stocks bounced back on Tuesday as the volatility in the market continued. In Germany, the DAX index rose by over 0.77% while in France, the CAC 40 index rose...
CRYPTOCURRENCY AND STOCKS FUTURES SLUMP AS MARKET FEARS RISE Cryptocurrency prices continued their sell-off during the weekend as investors continued focusing on multiple events. For example, there are worries about the rising bond yields in the United States. Just...
DOW JONES RETREATS AHEAD OF US INFLATION DATA The British pound is hovering near its lowest level in more than a year ahead of the latest UK GDP numbers that will come out at 9:00 GMT. The numbers are...
CRYPTOCURRENCY PRICES ATTEMPT TO REBOUND AFTER A VOLATILE WEEKEND Cryptocurrency prices declined sharply during the weekend as sentiment in the industry waned. Bitcoin, the biggest cryptocurrency in the world, dropped by as much as 20% on Saturday. Other cryptocurrencies...
AMERICAN STOCKS AND THE USD RISE AFTER POWELL REAPPOINTMENT American equities and the US dollar rallied after the decision by Joe Biden to reappoint Jerome Powell as the Federal Reserve Chair. His deputy will be Lael Brainard, a Democrat....
EURO CRASHES AGAINST STERLING AS BOE AND ECB DIVERGENCE WIDENS The euro declined on Monday morning as investors remained concerned about rising covid-19 cases in Europe. Recent data show that the number of cases has jumped in several countries...
EURO PRESSURED AMID REPORTED COVID-19 WAVE IN EUROPE The euro remained close to its lowest level in July 2020 as the market continued to worry about the reportedly rising number of Covid cases in Europe. In the past few...
GOLD AND BITCOIN PRICES HOLD STEADY AS INFLATION EXPECTATIONS RISE The euro continued its bullish trend in the evening session as investors priced in higher inflation in Europe. The biggest concern is energy since the price of natural gas...
US FUTURES HOLD STEADY AS INVESTORS CHEER INFRASTRUCTURE DEAL US futures were relatively unchanged in early trading as investors reacted to the $1 trillion infrastructure package in the United States. The bill passed the Senate in August this year...
US DOLLAR HOLDS STEADY AFTER STRONG PAYROLL DATA The Japanese yen weakened slightly even after Japan published relatively strong economic numbers. According to the statistics agency, the country’s household spending increased sharply in September. Spending rose by 5.0% in...