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Category: Cryptocurrencies

Cryptocurrencies

Controversial Las Vegas Casino Operator Plans Huge Expansion

After leaving the Las Vegas Strip, one company still has big plans for Las Vegas. Las Vegas has become so much more than the Las Vegas Strip. Even as Caesars Entertainment (CZR) – Get Caesars Read more…

By , 4 years ago October 11, 2022
Cryptocurrencies

CPI Preview: Headline Inflation May Ease, But Fed More Worried About Rising Core Prices

When is the September US CPI report? The US Bureau of Labor Statistics (BLS) will release the September Consumer Price Index (CPI) report Thursday, October 13 at 8:30 ET. What are economists expecting for September Read more…

By , 4 years ago October 11, 2022
Cryptocurrencies

USD/CAD Reaches Highest Level Since May 2020!

Last week, Canada released its Employment data for September.  After 3 months of negative prints, the Employment Change finally showed an increase of 21,100 jobs. Not only that,  but 5,700 of the jobs were full-time Read more…

By , 4 years ago October 11, 2022
Cryptocurrencies

Gold’s Momentum Shifted

Gold reversed course last week retracing its steps back to the $1660 level, after the dollar reinstated its position as the preferred safe haven asset of the market. Weighing the precious further was the resurgence Read more…

By , 4 years ago October 11, 2022
Cryptocurrencies

Burger King, Krispy Kreme Have New Treats For Halloween

Pumpkin spice is out, and spooky foods are in. No one can pin down the precise day pumpkin spice season turns into Halloween season.  One minute, you are thinking about how how the PSL’s appearance has signaled Read more…

By , 4 years ago October 11, 2022
Cryptocurrencies

IMF global growth at 3.2% in 2022, 2.7% in 2023

In the latest World Economic Outlook Report, IMF keeps global economic growth forecasts unchanged at 3.2% in 2022, but downgrade 2023 by -0.2% to 2.7%. It said: “Global economic activity is experiencing a broad-based and Read more…

By , 4 years ago October 11, 2022
Cryptocurrencies

ECB Lane: Monetary policy is to ensure residual inflation dynamic returns to target in timely manner

In a speech, ECB Chief Economist Philip Lane said that monetary is “always decided under conditions on uncertainty”, both about “inflation dynamics” and the “channels connecting medium-term inflation to our monetary policy instruments”. This uncertainty Read more…

By , 4 years ago October 11, 2022
Cryptocurrencies

Sunset Market Commentary

Markets And there is the Bank of England again. Just yesterday, it announced additional measures to support market functioning. In a statement today, the UK central bank widened the scope of its emergency gilt purchase Read more…

By , 4 years ago October 11, 2022
Cryptocurrencies

Crypto: Coinbase Scores Big Win Over Rivals

The Coinbase platform for buying and selling bitcoin, ether and other cryptocurrency continues to expand during the crypto winter. Coinbase  (COIN) – Get Coinbase Global Inc Report has reasons to smile, even as much of the Read more…

By , 4 years ago October 11, 2022
Cryptocurrencies

Cathie Wood Watch: Ark Buys Sagging Adobe

Adobe shares have slid sharply since the graphics-software specialist said Sept. 15 that it has agreed to buy Figma for about $20 billion. Investor Cathie Wood, chief executive of Ark Investment Management, has taken advantage Read more…

By , 4 years ago October 11, 2022

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