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Category: Cryptocurrencies

Cryptocurrencies

After $8 billion success, UAW auto union targets Tesla, other automakers

More than six weeks after the United Auto Workers union began its historic set of rolling strikes against the Detroit Three — Stellantis  (STLA) – Get Free Report, Ford  (F) – Get Free Report and General Read more…

By , 3 years ago October 30, 2023
Cryptocurrencies

Meta unveils paid subscription option for ad-free Facebook, Instagram users in Europe

Meta Platforms  (META) – Get Free Report will begin offering subscription-based, ad-free versions of its Facebook and Instagram social-media platforms to European users, following pressure from bloc regulators.  Meta said on Monday that users in the Read more…

By , 3 years ago October 30, 2023
Cryptocurrencies

USD/JPY Technical: Bearish Elements Sighted at Key Resistance Zone

Last Friday, 27 Oct price actions of the USD/JPY led to the formation of a weekly bearish reversal “Shooting Star” candlestick right at a key resistance zone of 150.30/150.90. Medium-term momentum has turned lacklustre as Read more…

By , 3 years ago October 30, 2023
Cryptocurrencies

ECB’s Simkus: Current restrictive rates sufficient, talk about cuts premature

ECB Governing Council member Gediminas Simkus said today, “In my view, if there’s no new staggering data, current restrictive levels are sufficient,” to steer inflation back to target. Highlighting the bank’s current approach, Simkus clarified, Read more…

By , 3 years ago October 30, 2023
Cryptocurrencies

ECB’s Kazimir dismisses rate cut expectations; urges patience on policy decisions

ECB Governing Council member Peter Kazimir dismissed speculations of impending rate cuts in the early months of 2024. Speaking earlier today, he stated emphatically, “Bets on rate cuts happening already in the first half of Read more…

By , 3 years ago October 30, 2023
Cryptocurrencies

Stocks Move higher, ‘Hell Week’ ahead, McDonald’s on deck, Ford UAW deal, Peltz on Disney – Five Things To Know

Five things you need to know before the market opens on Monday October 30: 1. — Stock Market Today: Stocks higher as bond markets lay tame into huge week on Wall Street A Fed rate decision, Read more…

By , 3 years ago October 30, 2023
Cryptocurrencies

Disney stock higher as billionaire Nelson Peltz ads firepower to board seat battle

Walt Disney  (DIS) – Get Free Report moved higher in pre-market trading following a reports that suggested billionaire activist Nelson Peltz has acquired extra firepower in his attempt to win seats on the board of the Read more…

By , 3 years ago October 30, 2023
Cryptocurrencies

Ford shares pop on UAW labor agreement; GM hit by fresh strike action

Ford  (F) – Get Free Report shares moved higher in pre-market trading after the carmaker reached a tentative labor agreement with the United Autoworkers Union that includes $8 billion in new manufacturing investment and a 30% Read more…

By , 3 years ago October 30, 2023
Cryptocurrencies

Eurozone economic sentiment ticks down to 93.3

Eurozone Economic Sentiment Indicator fell slightly from 93.4 to 93.3 in October. Employment Expectations Indicator fell from 102.9 to 102.8. Economic Uncertainty Indicator rose from 21.5 to 22.7. Industrial confidence fell from -8.9 to -9.3. Read more…

By , 3 years ago October 30, 2023
Cryptocurrencies

German GDP contracts -0.1% qoq in Q3, less severe than expected

Germany’s GDP (price, seasonally, and calendar adjusted) shrank by -0.1% qoq in Q3. This decline, however, was slightly less severe than the anticipated -0.2% qoq contraction. This contraction comes in the wake of a modest Read more…

By , 3 years ago October 30, 2023

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