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Month: September 2024

Cryptocurrencies

Carnival Cruise Line shares its hurricane recovery plans

Hurricane Helene developed quickly and it was a massive storm that has done untold damage. Carnival Cruise Line had multiple ships impacted as the cruise ports in Tampa, Jacksonville, and Port Canaveral were all closed. Read more…

By , 1 year ago September 27, 2024
Cryptocurrencies

Canada’s Economy Advanced in July, Growth Stalled in August

The Canadian economy grew by 0.2% month-on-month (m/m) in July after June’s flat reading. This print landed ahead of Statistics Canada’s advanced guidance and consensus expectations. Early guidance from Statistics Canada points to no growth Read more…

By , 1 year ago September 27, 2024
Cryptocurrencies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 144.21; (P) 144.71; (R1) 145.31; More… USD/JPY’s break of 142.89 minor support suggests that recovery fro 139.57 has completed at 146.48 already. Intraday bias is back on the downside for 139.57 low. Read more…

By , 1 year ago September 27, 2024
Cryptocurrencies

US Inflation Data Fuels More Risk-On Rally, Yen Surges After Ishiba’s LDP Leadership Win

Risk-on sentiment returned to global markets again in early US trading, driven by lower-than-expected inflation data. While annual PCE core inflation edged up to 2.7%, the monthly increase was a modest 0.1%. This tamer monthly Read more…

By , 1 year ago September 27, 2024
digital

Meta’s new smart glasses look like the future

Image: Alex Parkin / The Verge You can’t buy Meta’s most impressive new product, the smart glasses codenamed Orion. You might be able to buy something sort of like them a few years from now, Read more…

By , 1 year ago September 27, 2024
Cryptocurrencies

Canada’s GDP grows 0.2% mom in Jul essentially unchanged in Aug

Canada’s GDP grew 0.2% mom in July, above expectation of 0.1% mom. Services-producing industries grew 0.2% mom while goods- producing industries rose 0.1% mom. Overall, 13 of 20 sectors expanded in July. Advance information indicates Read more…

By , 1 year ago September 27, 2024
Cryptocurrencies

US PCE inflation falls to 2.2% in Aug, core PCE ticks up to 2.7%

US personal income rose USD 50.5B or 0.2% mom in August, below expectation of 0.4% mom. Personal spending rose USD 47.2B or 0.2% mom, below expectation of 0.3% mom. PCE price index rose 0.1% mom, Read more…

By , 1 year ago September 27, 2024
Cryptocurrencies

PCE Inflation report adds to case for another big Fed rate cut in November

The Federal Reserve’s preferred measure of inflation edged higher in August, data indicated Friday, but the overall readings show moderating pressures heading into the autumn months and added to bets on more Federal Reserve rate Read more…

By , 1 year ago September 27, 2024
Cryptocurrencies

Carnival Cruise Line explains why a kind gesture is banned

Many cruise passengers form bonds with crew members.  It’s not uncommon for people to slowly build friendships over the course of a sailing, or multiple sailings, and then keep in touch with that crew member Read more…

By , 1 year ago September 27, 2024
Cryptocurrencies

Ethereum Hovers in 2,650 Area

Cryptos benefit from the improved risk sentiment Ethereum is trading above the 50-day SMA Momentum indicators remain bullish Ethereum is recording a green session today, recovering its mid-week weakness and testing the resistance set by Read more…

By , 1 year ago September 27, 2024

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