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Category: Cryptocurrencies

Cryptocurrencies

Japan’s Stock Market Breaks Through the “Iron Coffin Lid”, Yen Broadly Lower

Japanese Yen had a broad-based declined in Asian session today, while Nikkei extended its recent up trend, momentarily reaching a new record high, ending the 34-year wait. This milestone is of considerable psychological significance for Read more…

By , 3 years ago February 22, 2024
Cryptocurrencies

Technical Outlook and Review

DXY: The DXY (US Dollar Index) chart currently exhibits bullish momentum, suggesting a potential bullish bounce off the 1st support level followed by a movement towards the 1st resistance. The 1st support level at 103.79 Read more…

By , 3 years ago February 22, 2024
Cryptocurrencies

Nvidia to Wall Street: Artificial intelligence is just getting started

Chip giant Nvidia  (NVDA)  gave tech investors relief on Wednesday. by In the days before the company announced its fourth quarter results, the stock had been looking wobbly, strange because it had been a powerhouse Read more…

By , 3 years ago February 22, 2024
Cryptocurrencies

Japan’s PMI composite drops to 50.3, from recovery to stagnation

Japan’s PMI Manufacturing dipped further to 47.2 from 48.0, marking the ninth consecutive month of sector contraction and hitting the lowest point since August 2020. PMI Services also declined, albeit more moderate, falling from 53.1 Read more…

By , 3 years ago February 22, 2024
Cryptocurrencies

Crude Oil Price Fails Again at $78.80, Are Dips Supported?

Key Highlights Crude oil prices failed again to clear the $78.80 and $79.20 levels. It traded below a major bullish trend line with support at $77.65 on the 4-hour chart. Gold prices could gain bullish Read more…

By , 3 years ago February 22, 2024
Cryptocurrencies

Australia’s Composite PMI climbs to 51.8, diminishing prospects for near-term RBA rate cut

Australia’s PMI Manufacturing fell sharply from 50.1 to 47.7 in February, with Manufacturing Output marking a 45-month low at 45.0. In stark contrast, PMI Services surged to a 10-month high of 52.8, propelling Composite PMI Read more…

By , 3 years ago February 22, 2024
Cryptocurrencies

New Zealand’s trade deficit widens, exports falls -7.1% yoy and imports down -20% yoy

New Zealand’s trade activity in January showed notable downturn, with goods exports dropping by -7.1% yoy to NZD 4.9B and goods imports declining by a substantial -20.0% yoy to NZD 5.9B. This resulted in trade Read more…

By , 3 years ago February 22, 2024
Cryptocurrencies

Dave Ramsey has candid words on one big money move affecting many

People trying to effectively manage their personal finances always have a number of money priorities to juggle. Bestselling personal finance author and radio host Dave Ramsey has a variety of opinions on successfully handling these Read more…

By , 3 years ago February 22, 2024
Cryptocurrencies

FOMC minutes: A majority hesitant on swift monetary easing

The latest FOMC minutes reveal a predominant caution against premature easing of monetary policy. The document underscores a consensus among “most participants” over the potential risks of reducing interest rates too hastily, expressing a preference Read more…

By , 3 years ago February 22, 2024
Cryptocurrencies

How Philips is reinventing healthcare with AI

Virtually every sector is embracing artificial intelligence in some way and healthcare is no different. Roy Jakobs, CEO of Royal Philips, joined TheStreet to discuss the intricate intersection of AI and healthcare, as well as Read more…

By , 3 years ago February 22, 2024

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