Key Highlights Ethereum failed to surpass the $2,800 resistance and trimmed most gains. ETH price is following a major bearish trend line with resistance near $2,820 on the daily chart. Bitcoin price remains at risk Read more…
BoJ Board Member Asahi Noguchi, a known dovish, emphasized in a speech today that Japanese society still needs “considerable time” to go before fully adopting a mindset aligned with the central bank’s 2% inflation target. Read more…
Japan’s services sector continued its expansion in September, although growth eased slightly. The final Services PMI was recorded at 53.1, down from 53.7 in August, marking a sustained rise in business activity for all but Read more…
ECB Executive Board member Isabel Schnabel, widely known for her hawkish stance, has shifted her tone, adding to growing signals from other officials that the central bank is preparing for a 25bps rate cut this Read more…
In the remarks overnight, Richmond Fed President Thomas Barkin expressed that he’s still “more concern about inflation” than the labor market. He added due to solid demand and renewed labor market tightness, there are challenges Read more…
The Japanese Yen faces uncertainty due to a new PM, snap elections, and shifting market sentiment. Despite a strong US Dollar and GBP, the Yen saw a temporary boost from safe-haven flows amid geopolitical risks. Read more…
WTI reversed from pivotal resistance level 71.30 Likely to fall to support level 68.00 WTI crude oil recently reversed down from the pivotal resistance level 71.30 (former double bottom from August) intersecting with the upper Read more…
The Chinese stock market is closed for a national holiday, but futures and ETFs are trading and are on another strong run today. The Hang Seng Index is up 9.6% from its close on 30 Read more…
Tesla stock (TSLA) lost 3.5% on Oct. 2 after the electric vehicle maker reported third-quarter deliveries of 462,890, up about 6% from a year earlier. This marks the first year-over-year growth in quarterly deliveries for Read more…
After filing for bankruptcy, vanishing for five months, getting served with a lawsuit, and receiving damaging backlash, a popular restaurant chain refused to let these multiple major setbacks get in the way of its journey Read more…