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Month: September 2024

Cryptocurrencies

Walmart is selling a ‘perfect’ $200 storage ottoman for only $50 thanks to a limited-time flash deal

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Storage is a hot commodity in every home. Murphy beds, storage Read more…

By , 1 year ago September 20, 2024
Cryptocurrencies

Analysts reset FedEx stock price targets after earnings

The Fed resonated with FedEx. On Sept. 18 the Federal Reserve cut interest rates by 0.5 percentage point to keep the economy from slowing, while FedEx’s sluggish earnings report in the same week reflects what Read more…

By , 1 year ago September 20, 2024
Cryptocurrencies

Walmart is selling a $100 sheet set for only $26, and shoppers say they’re the ‘softest sheets ever’

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Whether you are after a more adult aesthetic or just a Read more…

By , 1 year ago September 20, 2024
Cryptocurrencies

Canadian GDP to Show Modest Growth in July But Below BoC Forecast

Canada’s gross domestic product report for July next Friday will be closely watched to see if cooling in the economy in late Q2 extended into Q3. Early reports are pointing to a 0.1% increase in Read more…

By , 1 year ago September 20, 2024
Cryptocurrencies

RBA Policy Meeting : It’s Not Time for a Rate Cut Yet

RBA expected to deviate from the Fed and hold rates steady Inflation risks remain a concern; labor market is tight AUDUSD faces resistance near 0.6835; next barrier around 0.6875-0.6900 RBA to keep rates steady  It Read more…

By , 1 year ago September 20, 2024
Cryptocurrencies

Week Ahead – SNB to Cut Again, RBA to Stand Pat, PCE Inflation Also on Tap

SNB is expected to ease for third time; might cut by 50bps RBA to hold rates but could turn less hawkish as CPI falls After inaugural Fed cut, attention turns to PCE inflation September flash Read more…

By , 1 year ago September 20, 2024
Cryptocurrencies

Weekly Focus – Fed Initiating the Easing Cycle with 50bp Cut

The main event this week was the monetary policy meeting in the US where markets prior to the meeting were historically divided between a 25bp and 50bp cut. The Federal Reserve chose to lower the policy Read more…

By , 1 year ago September 20, 2024
Cryptocurrencies

Gold Terminates the Last Sceptics

Gold started the week with new highs and ended the week with a 1.3% gain, digesting a 2% dip on profit-taking following the Fed’s rate decision. The loosening of monetary policy by more than economists Read more…

By , 1 year ago September 20, 2024
Cryptocurrencies

BTCUSD – Bulls Likely to Take a Breather Following Repeated Failure at 200DMA Barrier

BTCUSD edged higher on Friday and hit new three week high, in attempts to extend 4.6% advance on Thursday. Bitcoin received strong boost from Fed rate cut and underpinned by dovish shift in global rate Read more…

By , 1 year ago September 20, 2024
Cryptocurrencies

Sunset Market Commentary

Markets Main potential market movers already hit the screens this morning before the start of European dealings with the BOJ policy decision and the UK consumer data. The BOJ as expected left its policy rate Read more…

By , 1 year ago September 20, 2024

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