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Month: January 2022

Cryptocurrencies

BoC Policy Meeting: It’s Time for a Rate Hike

The Bank of Canada (BoC) is widely expected to kick off the new year with a rate hike on Wednesday despite its muted communication over the past weeks. With inflation well above the central bank’s Read more…

By , 4 years ago January 25, 2022
Cryptocurrencies

Euro Falls, German Business Climate Rebounds

The euro has fallen below the 1.13 level in Tuesday trade. EUR/USD is trading at 1.1266 in the North American session, down 0.55% on the day. Risk appetite down, greenback up The US dollar is Read more…

By , 4 years ago January 25, 2022
Cryptocurrencies

Sunset Market Commentary

Markets Calm returned to European stock markets after a manic Monday. EU bourses recoup a modest 0.4 to 1% from the losses that mounted to more than 4%. US stocks are less lucky. The late-session Read more…

By , 4 years ago January 25, 2022
Cryptocurrencies

US consumer confidence dropped to 113.8 in Dec, below expectation

US Conference Board Consumer Confidence Index dropped from 115.2 to 113.8 in December, above expectation of 112.3. Present Situation Index rose from 144.8 to 148.2. Expectations Index dropped from 95.4 to 90.8. “Consumer confidence moderated Read more…

By , 4 years ago January 25, 2022
Cryptocurrencies

Risk Off Resumes, S&P500 Heads Back Towards Correction Territory

Fed fears drive stocks lower as the two day FOMC meeting begins. US futures Dow futures -0.85% at 34095 S&P futures -1.6% at 4345 Nasdaq futures -2.1% at 14209 In Europe FTSE +0.7% at 7360 Read more…

By , 4 years ago January 25, 2022
Cryptocurrencies

Swiss Franc Extends Slide

The Swiss franc is down sharply on Tuesday, with USD/CHF climbing above the 92 line for the first time in two weeks. In the North American session, USD/CHF is trading at 0.9184, up 0.58% on Read more…

By , 4 years ago January 25, 2022
digital

The struggling magician behind the iBeer app was making up to $20K a day in its heyday

How is he doing that!? Good. Clean. Honest. Fun. That’s what the iBeer app represented to a generation of early iPhone users, and that, I’m afraid, is very much what’s missing in today’s world of Read more…

By , 4 years ago January 25, 2022
digital

The struggling magician behind the iBeer app was making up to $20K a day in its heyday

How is he doing that!? Good. Clean. Honest. Fun. That’s what the iBeer app represented to a generation of early iPhone users, and that, I’m afraid, is very much what’s missing in today’s world of Read more…

By , 4 years ago January 25, 2022
Cryptocurrencies

There Is A New Tesla Cybertruck. But Will It Ever Be Produced?

New leaked prototype images show there’s at least one Cybertruck but Tesla still has not shared a production date. Elon Musk likes to play cat and mouse.  While press articles report delays and postponements in Read more…

By , 4 years ago January 25, 2022
Cryptocurrencies

Tesla Cybertruck May Actually Exist

New leaked prototype images show there’s at least one Cybertruck but Tesla still has not shared a production date. Elon Musk likes to play cat and mouse.  While press articles report delays and postponements in Read more…

By , 4 years ago January 25, 2022

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