Cryptocurrencies
Summary 8/29 – 9/2
Monday, Aug 29, 2022 Tuesday, Aug 30, 2022 Wednesday, Aug 31, 2022 Thursday, Sep 1, 2022 Friday, Sep 2, 2022 The post Summary 8/29 – 9/2 appeared first on Action Forex.
Cryptocurrencies
Week ahead: The Last of the “Dog Days of Summer”
Powell ultimately didn’t say anything new, so this week’s price action is likely to shift from a focus on Fedspeak to underlying economic data… Well, that was an ugly end to an otherwise quiet week Read more…
Cryptocurrencies
The Weekly Bottom Line: Powell Stands Firm on Higher Rates
U.S. Highlights Fed Chair Jay Powell’s hawkish remarks at the annual Jackson Hole conference did not sit well with equity markets. The second estimate of Q2 GDP data showed that the economy contracted slightly less, Read more…
Cryptocurrencies
Weekly Economic & Financial Commentary: Powell Delivers Hawkish Message at Jackson Hole
Summary United States: Economy Still Climbing the Mountain The second estimate of Q2 real GDP posted a 0.6% quarterly decline, slightly better than the first-reported 0.7% drop. New home sales fell 12.6% in July, reflecting Read more…
Cryptocurrencies
Week Ahead – Fed Needs More Data
What will the jobs report tell us? The build-up to the Jackson Hole symposium last week was quite tense. Investors have spent the weeks since the July Federal Reserve meeting celebrating the “dovish pivot” and Read more…
Cryptocurrencies
BofA is Bearish on PCs But Likes Apple’s Prospects
Global PC shipments fell 11.1% year-over-year in the second quarter, the biggest annual decline since Q2 2013. After booming through much of the covid pandemic, the personal computer industry is dropping back to earth. Global Read more…
Cryptocurrencies
Huge Event Headed for Downtown Las Vegas
Sin City continues to appeal to fun-loving people of all ages. Though it might not have quite the same reputation as New York, Los Angeles or Atlanta, Las Vegas has always been one of America’s Read more…