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Month: April 2024

Cryptocurrencies

Will US Retail Sales Add Juice to the Dollar’s Rally?

US retail sales will hit the markets at 12:30 GMT Monday Early Easter holiday likely boosted consumer spending Another solid dataset could put more wind in the dollar’s sails US economy outperforms By most indications, Read more…

By , 2 years ago April 12, 2024
Cryptocurrencies

Week Ahead – More Inflation Data on the Way as Rate Cut Bets Thrown into Disarray

CPI numbers due in the UK, Japan, Canada and New Zealand China to also come into the spotlight as Q1 GDP eyed US retail sales to kickstart the week as earnings season gets underway CPI Read more…

By , 2 years ago April 12, 2024
Cryptocurrencies

Weekly Focus – US Inflation Shakes Up Markets

A surprisingly high US inflation print this week triggered the biggest shake-up in US bond markets in more than a year. The US 2-year government bond yield closed 23bp higher on the day, which was Read more…

By , 2 years ago April 12, 2024
Cryptocurrencies

Analysts overhaul Tesla price targets as Q1 earnings loom

Tesla shares moved lower again Friday, extending their year-to-date slump past 30%, as analysts continue to reset EV-delivery forecasts and profit-margin estimates ahead of the group’s first-quarter earnings later this month. Tesla  (TSLA)  shares have Read more…

By , 2 years ago April 12, 2024
Cryptocurrencies

Sunset Market Commentary

Markets This morning we wrote: “The dollar holds the better cards against both the euro and the pound. EUR/USD is nearing the 1.07 pivot again and GBP/USD holds close to 1.25 this morning. Which will Read more…

By , 2 years ago April 12, 2024
Cryptocurrencies

GBP/USD: Break of Pivotal Supports Sparks Fresh Acceleration Lower

Cable fell to the lowest in nearly five months on Friday, following fresh bearish acceleration through psychological 1.2500 support and Fibo level at 1.2465 (50% retracement of 1.2037/1.2893 uptrend. Breach of a multi-month range floor Read more…

By , 2 years ago April 12, 2024
Cryptocurrencies

Biden to forgive over $7 billion in student loan debt

Caroline Woods brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Friday, April 12. Full Video Transcript Below: CAROLINE WOODS: I’m Caroline Woods reporting from the Read more…

By , 2 years ago April 12, 2024
Cryptocurrencies

Huge piece of Las Vegas Strip history makes a surprise comeback

The nature of entertainment on the Las Vegas Strip has changed.  It was not that long ago that acts people would never spend money on anywhere else dominated the Strip. Big-name headliners tended to be of Read more…

By , 2 years ago April 12, 2024
digital

The good, the bad, and the Humane Pin

Image: Alex Parkin / The Verge Seven. Hundred. Dollars. After a year of asking questions about this much-hyped AI wearable, the Humane AI Pin is here, and, well, we still have lots of questions. We’re Read more…

By , 2 years ago April 12, 2024
Cryptocurrencies

NZ Dollar Slips as Manufacturing Softens

The New Zealand dollar is down sharply on Friday. In the North American session, NZD/USD is trading at 0.5956, down 0.68%. The US dollar has moved higher against the majors and NZD/USD has declined about Read more…

By , 2 years ago April 12, 2024

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