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Category: Cryptocurrencies

Cryptocurrencies

Cathie Wood snaps up 143,000 shares of Pure Storage stock after 12% tumble

Pure Storage  (PSTG) – Get Free Report, a cloud-based data storage company, reported third-quarter earnings results Wednesday that featured a muted outlook for the rest of the year, despite topping Street expectations.  The tech company Read more…

By , 3 years ago December 1, 2023
Cryptocurrencies

BoC to Deliver ‘Dovish Hold’ Next Week

Next week’s Bank of Canada interest rate decision itself is unlikely to be a surprise. The BoC is widely expected to hold the overnight rate steady at 5% for the third meeting in a row. Read more…

By , 3 years ago December 1, 2023
Cryptocurrencies

Will RBA Maintain Tightening Bias After CPI Miss?

RBA is expected to hold rates in December after hiking last month But will it signal future hikes or will it turn more cautious? After soft CPI, RBA’s decision on Tuesday, 3:30 GMT, poses a Read more…

By , 3 years ago December 1, 2023
Cryptocurrencies

Week Ahead – Nonfarm Payrolls Enter the Spotlight, RBA and BoC Decide on Policy

Investors looking to US NFPs for confirmation of their Fed rate cut bets RBA could still signal that higher rates are possible But BoC may confirm that interest rates have peaked in Canada Japan’s Tokyo Read more…

By , 3 years ago December 1, 2023
Cryptocurrencies

Weekly Focus – Disinflation Continues

This week, inflation came in below expectations in the euro area and the US. In the euro area, headline inflation fell much more than expected to 2.4% y/y (consensus: 2.7% y/y) in November from 2.9% Read more…

By , 3 years ago December 1, 2023
Cryptocurrencies

Gold Remains Trapped Below 2,050

Gold flatlines near former resistance Short-term bias leans to the downside Key support levels hold intact Gold shifted to the sidelines following the advance towards its May 2023 resistance of 2,051 on Wednesday. The 20-period Read more…

By , 3 years ago December 1, 2023
Cryptocurrencies

Apple names top 9 apps of 2023 – here’s what made the list

Despite it being the last month of the year, and Apple’s  (AAPL) – Get Free Report sales almost surely escalating through the holidays, the tech giant is still hard at work for its customers.  In only Read more…

By , 3 years ago December 1, 2023
Cryptocurrencies

Sunset Market Commentary

Markets: Today’s waiting game ahead of the November US manufacturing ISM and Powell’s final public appearance ahead of the blackout period before the December 13 FOMC meeting freed up time to take a look at Read more…

By , 3 years ago December 1, 2023
Cryptocurrencies

US ISM manufacturing unchanged at 46.7, corresponds to -0.7% annualized GDP contraction

US ISM Manufacturing PMI was unchanged at 46.7 in November, missed expectation of 47.7. Looking at some details, new orders rose from 45.5 to 48.3. Production fell from 50.4 to 48.5. Employment fell from 46.8 Read more…

By , 3 years ago December 1, 2023
Cryptocurrencies

Forget Bud Light: Kid Rock takes new antiwoke shots at Target

Kid Rock was once a semirebellious rap rocker who mostly advocated for drinking and having a good time.  He was a sort of antiauthority character who lived a loud life, dated famous women, and got Read more…

By , 3 years ago December 1, 2023

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