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Premium Forex Watch Recaps: July 1 – 2, 2024
There were plenty of catalysts to consider this week, and our forex strategists will be focusing on the Eurozone CPI and the UK General Election to determine asset selection and biases this week. Of the four scenario/price outlook discussions this week, Two discussions witnessed the raising of fundamental and technical…
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What is the Key to Bitcoin’s Next Bull Rally? Analysts Chip In
Bitcoin’s price has been stagnant since its peak in March due to tighter US monetary policy, which has reduced the supply of stablecoins, according to CryptoQuant analysts. “The reason why Bitcoin has not been able to rise further is mainly due to the tightening of monetary policy in the United…
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What is the Key to Bitcoin’s Next Bull Rally? Analysts Chip In
Bitcoin’s price has been stagnant since its peak in March due to tighter US monetary policy, which has reduced the supply of stablecoins, according to CryptoQuant analysts. “The reason why Bitcoin has not been able to rise further is mainly due to the tightening of monetary policy in the United…
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‘Meltdown’: A week later, WestJet continues to feel the fallout from mechanics strike
Breadcrumbs Path Links PMN Business Article author: Canadian Press Christopher Reynolds Posted on July 07, 2024 • Read for 3 minutes You can save this article by registering for free here. Or log in if you have an account. WestJet is still feeling the effects of a machinists’ strike a…
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Wall Street Wizard Sees Major Bitcoin ‘Buy Signal”
Veteran trader Peter Brandt has sparked hope among Bitcoin enthusiasts, after identifying a potential buying opportunity amid the cryptocurrency’s recent price decline. Brandt, who is known for his uncanny ability to predict market movements, believes a short-term buy signal is emerging even though the currency is hovering dangerously close to…
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Wall Street Wizard Sees Major Bitcoin ‘Buy Signal”
Veteran trader Peter Brandt has sparked hope among Bitcoin enthusiasts, after identifying a potential buying opportunity amid the cryptocurrency’s recent price decline. Brandt, who is known for his uncanny ability to predict market movements, believes a short-term buy signal is emerging even though the currency is hovering dangerously close to…
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Cabinet approves budget cut, coalition funds left untouched
The Israeli cabinet today approved a 1% budget cut for all government ministries except the Defense Ministry for the 2024 budget, including NIS 525 million originally earmarked to raise high school teachers’ salaries. The 1% budget cut is intended to finance the continued evacuation of residents in the north and…
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Two risks to the AI tech rally By Investing.com
Yardeni Research analysts have raised concerns about the continued rise of AI technology, identifying two key risks that could hamper the sector’s massive growth. While AI promises to revolutionize industries, there are signs of “AI hyperinflation” that warrant caution. First, the unprecedented influx of money into AI startups is a…
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Aims To Reclaim $0.50 After Plunge
The XRP community has been in a state of excitement after a major investor purchased 30 million XRP tokens. This massive purchase coincided with a surge in the price of the altcoin, which has managed to recover from its recent slump. While some analysts see this whale activity as a…
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Aims To Reclaim $0.50 After Plunge
The XRP community has been in a state of excitement after a major investor purchased 30 million XRP tokens. This massive purchase coincided with a surge in the price of the altcoin, which has managed to recover from its recent slump. While some analysts see this whale activity as a…
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Argentina’s Milei to speak at right-wing Bolsonaro rally in Brazil By Reuters
Written by Anderson Coelho BALANEIO CAMBORIU, Brazil (Reuters) – Argentine President Javier Milei is set to address a right-wing event in Brazil on Sunday after meeting conservative politicians in the country, potentially straining relations between the neighbors. On Saturday, Milei arrived at the Balneario Camboriu beach resort in southern Brazil,…
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Nvidia gets a rare downgrade By Investing.com
Here’s a professional summary of the most important things Wall Street analysts have said over the past week, including a rare downgrade of Nvidia (NASDAQ:) stock. InvestingPro subscribers always get priority when it comes to market-moving rating changes. Intercontinental Exchange (NYSE:) What happened? On Monday, Goldman Sachs upgraded Intercontinental Exchange…
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Ethereum, Solana dominate, CryptoPunks lead the pack
In the week ending July 6, the NFT market finally hit a green patch, with impressive sales volumes across the Ethereum (ETH) and Solana (SOL) blockchains. Here’s a detailed look at the week’s top performers and trends. Top 5 Blockchains by NFT Sales Volume look at me Data From Crypto…
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SK On is said to declare ‘emergency’ as EV sales disappoint (NYSE:F)
Just excellent South Korean electric vehicle battery maker SK ON said it is in a crisis as its customers face weak electric vehicle sales in Europe and the United States, the Financial Times reported on Sunday. CEO Lee Suk Hee The company plans to cut costs as part of “emergency…
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Nvidia downgraded on ‘limited further upside’ By Investing.com
Investing.com – Here are analysts’ biggest moves in artificial intelligence (AI) this week. InvestingPro subscribers always get priority access to market-moving AI analyst commentary. Upgrade today! Nvidia (NASDAQ:) stock has been downgraded by New Street Research. Analysts at New Street Research downgraded Nvidia stock to neutral from buy on Friday.…
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Top RWA Cryptocurrencies to Put on Your Watchlist in July
Long summary Ondo is the largest coin in the Real Assets (RWA) space, with a current price of around $1 and a market cap of $1.4 billion. It debuted in January and hit an all-time high of nearly $1.50 in June. The value of this sector has recently dropped from…
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How overbooked flights can let you travel for free and net you thousands
This could be a scene from an auction house: A Delta flight from Boston to Rome in September was so fully booked that a flight attendant begged passengers, offering them thousands of dollars and a hotel room, to give up their seats in exchange for a voucher and a later…
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Newsquawk Week Ahead: US CPI, Powell testimony and US earnings
Sun: French Election (second round) Mon: CNB Minutes (June), Eurogroup Informal meeting of Competitiveness Ministers; Japanese Overtime Pay (May),German Trade Data (May), EZ Sentix Index (July), BoI Announcement, US Employment Trends Tue: BoJ Bond Meeting 9-10, EIA STEO; Australian Consumer Sentiment, Hungarian CPI (June), Mexican 12-monthInflation (June), Powell Testimony (Senate)…
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Why The US And German Government Selling Bitcoin Isn’t A Big Deal
The Bitcoin market has been filled with Several whale sales Since June. Most of this selling has come from miners and some other whales, although there has been recent news that German government She also sells her property. Due to the huge volume of transactions, Government sales These can be…
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Why The US And German Government Selling Bitcoin Isn’t A Big Deal
The Bitcoin market has been filled with Several whale sales Since June. Most of this selling has come from miners and some other whales, although there has been recent news that German government She also sells her property. Due to the huge volume of transactions, Government sales These can be…