European Central Bank (ECB) board member Isabel Schnabel said on Thursday, “monetary policy cycle is coming to an end.”Additional commentsGrowth outlook broadly stable despite trade conflict.Medium-term inflation stabilizes at … [Continue reading]
Top Crypto Movers: KAIA, ENS, CRV – Altcoins plummet ahead of GENIUS Act, Kaia stands out
Kaia extends gains with Won-pegged stablecoin assurance, the sole crypto with double-digit gains in the last 24 hours.Ethereum Naming Service leads the market decline as it reverses from a strong supply zone.Curve DAO risks a pullback to the $0.50 … [Continue reading]
NZD/USD gathers strength above 0.6000 on softer US CPI data
NZD/USD edges higher to around 0.6035 in Thursday’s early European session, bolstered by the softer US Dollar. Softer US inflation data undermines the US dollar and acts as a headwind for the pair. Trump said the trade deal with China is … [Continue reading]
Bitcoin, crypto market holds steady following US-China trade agreement and lower inflation
The US headline CPI inflation data for May rose to 2.4%, below expectations of 2.5%.President Donald Trump stated that the US and China have reached a trade deal with existing tariffs remaining unchanged.Bitcoin held steady at $109,000, but Ethereum … [Continue reading]
WTI Oil prices rally on US-China trade optimism and declining inventories
US–China trade negotiations progress, lifting risk sentiment and supporting Oil gains.The US Energy Information Administration (EIA) released a weekly stockpile report, showing a larger-than-expected reduction in Oil inventories.WTI prices rise above … [Continue reading]
The night brings white smoke over London – Commerzbank
An agreement was finally reached in the trade talks between China and the US in London in the middle of the night. As expected, the foreign exchange market did not react strongly to the news, Commerzbank's FX analyst Michael Pfister notes. US-China … [Continue reading]
Altcoin Season: Ethereum outperforms Bitcoin as declining BTC dominance sirens Altseason ahead
Ethereum strengthens against Bitcoin, signaling a shift in capital toward altcoins. The Bitcoin Dominance chart risks a downfall with a double top and bearish RSI divergence, signaling altcoins’ chance to shine. The Altseason Index … [Continue reading]
Australian Dollar loses ground as US Dollar advances amid improving US-China dialogue
The Australian Dollar declines despite easing trade tensions between the United States and China.US Commerce Secretary Lutnick said that both countries agreed on a framework to implement the Geneva Consensus.China’s Minister Li Chenggang noted that … [Continue reading]
Dow Jones Industrial Average finds thin gains as investors hope for trade talk success
The Dow Jones remains stuck near 43,000, but investor optimism remains buoyant.US-China trade talks are close to wrapping up in London.US CPI inflation data and consumer sentiment figures loom large later this week.The Dow Jones Industrial Average … [Continue reading]
Dow Jones Industrial Average melt-up continues as markets await trade talk results
The Dow Jones remains stuck near 43,000, but investor optimism remains buoyant.US-China trade talks are close to wrapping up in London.US CPI inflation data and consumer sentiment figures loom large later this week.The Dow Jones Industrial Average … [Continue reading]