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Category: Investments

Cryptocurrencies

Fed Bostic: Let data shows if 25bps or 50bps hike is appropriate

Atlanta Federal Reserve President Raphael Bostic said today on CNBC, “in terms of hikes for the interest rates, right now I have three forecast for this year. I’m leaning a little towards four, but we’re Read more…

By , 3 years ago February 9, 2022
Cryptocurrencies

Commodities in Focus: Crude Oil, Aluminium and Gold

Crude oil finally retreats Aluminium at 3-year highs Gold testing resistance Crude oil finally retreats Crude oil prices have remained under pressure after falling about 2% on Tuesday. The losses come after a strong start Read more…

By , 3 years ago February 9, 2022
Cryptocurrencies

Confidence Building

Stock markets are making decent gains in Europe on Wednesday and US futures are also being led higher as confidence continues to build following a torrid start to the year. It’s hard to pinpoint exactly Read more…

By , 3 years ago February 9, 2022
Cryptocurrencies

February Riksbank Risks Surprise for EUR/SEK

Whether at Thursday’s meeting or further down the line, the Riksbank will inevitably have to become more hawkish as the impact of COVID begins to fade. But there are a lot of moving parts to Read more…

By , 3 years ago February 9, 2022
Cryptocurrencies

The DAO of Restaurants: Crypto Fans Want to Buy McDonald’s, Subway

A community of cryptocurrency enthusiasts, friesDao, plans to buy at least one restaurant from a fast-food giant in the next 3-4 months. The idea germinated on New Year’s Eve on the social network Discord.  At Read more…

By , 3 years ago February 9, 2022
Cryptocurrencies

GBPUSD on the Rise on Hawkish BoE and Stocks Uptick

GBPUSD is gaining 0.35% on Wednesday, surpassing 1.3585, not far from the month’s highs of 1.3620. The British pound is closely correlated with equity market dynamics, and the latest upward momentum in major global indices Read more…

By , 3 years ago February 9, 2022
Cryptocurrencies

Stock Market Today-2/9: CVS, Chipotle Active; Stocks Power Higher As Earnings Drive Gains

Wall Street is looking to post it first back-to-back gains in more than a week as solid earnings drive investor sentiment ahead of Thursday’s key January inflation reading. U.S. equity futures powered higher Wednesday, following Read more…

By , 3 years ago February 9, 2022
Cryptocurrencies

Peloton May Not Be the Answer for Apple’s Fitness Ambitions

The name of the giant Cupertino, Calif., computer brand is being floated by analysts to buy the struggling fitness group but a marriage between the two is not in Apple’s favor. Apple  (AAPL) – Get Read more…

By , 3 years ago February 9, 2022
Cryptocurrencies

Social Media Reacts to China’s Introduction of Its Crypto

Social media reacts to China’s introduction of the digital Yuan at the Winter Olympics. China’s introduction of its digital Yuan at the Winter Olympics in Beijing has sparked a variety of reactions on social media. Read more…

By , 3 years ago February 9, 2022
Cryptocurrencies

Chipotle Stock Surges On Q4 Earnings Beat As Menu Price Hikes Soften Inflation Hit

A mid-December price hike should help Chipotle manage rising input and wage costs after the restaurant chain posted stronger-than-expected fourth quarter earnings. Updated at 7:30 am EST Chipotle Mexican Grill  (CMG) – Get Chipotle Mexican Read more…

By , 3 years ago February 9, 2022

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