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Month: January 2023

Cryptocurrencies

Fed Meeting Preview: The Magic Show of Interest Rates, Inflation, and Growth

The Federal Reserve meeting this week is a highly anticipated spectacle, similar to a magic show with a renowned magician who has the power to make interest rates, inflation, and economic growth disappear or reappear Read more…

By , 3 years ago January 30, 2023
Cryptocurrencies

Empire State Building’s Decision After Eagles-49ers Result Upsets New Yorkers

New York’s iconic Empire State Building lights up a sky-high controversy with its recent display. Where’s King Kong when you need him? New York’s Empire State Building set off a towering inferno of indignation amongst Read more…

By , 3 years ago January 30, 2023
Cryptocurrencies

Dollar is Poised for a Run

This week has all the makings of being vital for the coming weeks and months, with the most important publications for the market in focus. The week’s main event will undoubtedly be the Fed’s interest Read more…

By , 3 years ago January 30, 2023
Cryptocurrencies

Sunset Market Commentary

Markets Spanish inflation served as an eyeopener this morning (details below). Price growth unexpectedly accelerated to 5.8% in January, missing the consensus by a full percentage point. It’s a reminder that we, the ECB or Read more…

By , 3 years ago January 30, 2023
Cryptocurrencies

Billionaire Adani’s Empire Loses Almost $20 Billion More in One Day

Asia’s richest man sees his conglomerate’s stock-market bloodbath continue. The stock-market bleeding from the empire of Gautam Adani continues.  Asia’s richest man is still unable to put out the fire caused by the New York Read more…

By , 3 years ago January 30, 2023
Cryptocurrencies

Dollar Index: Dollar in Defensive Mode Ahead of Key Central Bank Policy Meetings

The dollar index turned to red on Monday but remains within a narrow multi-day range, as traders stand aside, awaiting policy decisions from the US Federal Reserve, European Central Bank and the Bank of England. Read more…

By , 3 years ago January 30, 2023
Cryptocurrencies

How Tech Earnings Set the Tone For Investors This Week

Wall Street is preparing for the Federal Reserve’s decision later this week and also gearing up for a busy week for tech earnings. Here’s what to watch on TheStreet Today The Federal Reserve meets this Read more…

By , 3 years ago January 30, 2023
Cryptocurrencies

US 500 Stock: Will Golden Cross of SMAs Prove to be a Bullish Sign?

The US 500 stock index is retreating after the successful rally above the long-term downtrend line and the 4,000 round number. Also, the 50- and the 200-day simple moving averages (SMAs) posted a golden cross, Read more…

By , 3 years ago January 30, 2023
Cryptocurrencies

Stocks Fall as the Fed Meeting Comes into Focus

US futures Dow futures -0.5% at 33798 S&P futures -0.8% at 4034 Nasdaq futures -1.23% at 12041 In Europe FTSE +0.05% at 7762 Dax -0.4% at 15080 Fed jitters drag on sentiment. US stocks are Read more…

By , 3 years ago January 30, 2023
Cryptocurrencies

Japanese Yen Remains Calm

The Japanese yen had an uneventful week and edged higher on Monday. USD/JPY is trading at 130.06 in the European session, up 0.18%. US PCE slows to 4.4% Last week wrapped up with Core PCE Read more…

By , 3 years ago January 30, 2023

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