Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
China Fixed Asset Investment (YTD) (YoY) registered at 3.4%, below expectations (3.5%) in August
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
China House Price Index dipped from previous -4.9% to -5.3% in August
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Ethereum’s growing network activity indicates potential for rally amid move above falling wedge pattern
Ethereum network fees skyrocketed nearly 60% in the past week as investors returned from holiday. Stablecoin market capitalization on Ethereum reached an 18-month high as ETH eyes recovery. Ethereum could rally to $3,366 if it sustains a move above … [Continue reading]
Ethereum’s growing network fees and stablecoin market capitalization indicate potential for recovery
Ethereum network fees skyrocketed nearly 60% in the past week as investors returned from holiday. Stablecoin market capitalization on Ethereum reached an 18-month high as ETH eyes recovery. Ethereum could rally to $3,366 if it sustains a move above … [Continue reading]
United States Baker Hughes US Oil Rig Count rose from previous 483 to 485
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Pound Sterling gains as soft US PPI boosts Fed 50 bps rate cut bets
The Pound Sterling refreshes weekly high at 1.3150 against the US Dollar as traders raise bets for a Fed 50 bps interest rate cut for next week's meeting. Slowed US annual PPI for August prompted the Fed’s sizable rate cut prospects. Investors … [Continue reading]
WTI flat lines around mid-$68.00s, seems poised to register modest weekly gains
WTI consolidates its recovery gains registered over the past two days amid mixed cues. Concerns about slowing demand in China and the US cap the upside for Crude Oil prices. Dovish Fed-inspired broad-based USD weakness offers support and helps … [Continue reading]
Australian Dollar extends upside due to increased likelihood of a bigger rate cut by Fed
The AUD/USD pair appreciates as US data reinforce the likelihood of an aggressive Fed rate cut next week. The US Producer Price Index rose above expectations, driven by higher service costs. Fed is expected to deliver a 25-basis points interest rate … [Continue reading]
Ethereum sees high selling pressure following potential SEC admission on ETH’s security status
SEC may have confirmed that Ethereum is not a security following eToro's settlement. Ethereum is seeing high selling pressure from investors as exchanges witness 91.4K ETH inflows. Ethereum could rally toward $3,360 if it breaks above the upper … [Continue reading]