Share: Optimism price is up 94% in a week and could face a buy the rumor sell the fact event. OP could drop 25% as 24.16 million tokens worth $81.90 million are due to flood markets on December 30. A break and close above $4.500 level would create … [Continue reading]
Gold price eyes more upside as Fed rate-cut bets deepen
Share: Gold price is set to extend upside as the Fed is expected to cut rates sooner than anticipated. The core PCE price index declined more than expected to 3.2% in November. Action could be limited due to a thin-trading week. Gold price … [Continue reading]
USD/JPY faces pressure near 143.00 as Fed’s rate cut bets soar
Share: USD/JPY struggles for a firm recovery as the Fed is expected to start lowering interest rates in early 2024. The USD index refreshes five-month low amid risk-on mood. The BoJ will reduce bond-buying operations in 2024. The USD/JPY pair … [Continue reading]
Japan Construction Orders (YoY) up to 33.6% in November from previous 4.2%
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]
Solana price nearly crashes 15% in 24 hours; analyst says not to expect a new ATH anytime soon
Share: Solana price crossed the $100 mark over the weekend to imbue optimism in investors of further gains. The altcoin, however, corrected by 7%, nearly extending the dip to 15%, suggesting that the market is overheated. Analyst have noted that … [Continue reading]
United States 2-Year Note Auction declined to 4.314% from previous 4.887%
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]
United States Dallas Fed Manufacturing Business Index up to -9.3 in December from previous -19.9
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]
Turkey Manufacturing Confidence fell from previous 100.2 to 99.1 in December
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]
Turkey Capacity Utilization declined to 77.5% in December from previous 78%
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]
Crypto Christmas Miracle: Trending tokens ORDI & SATS eclipse fundamentally sound digital assets
Share: ORDI, SATS, SUI and Axie Infinity price noted rises ranging from 18% to over 53% in the span of 24 hours. Greed in the crypto market has sustained for over two months, only the second instance in the history of digital assets. Institutions … [Continue reading]