Category: Ahead
-
Rising fuel inventories hit crack spreads, likely signaling refining slowdown ahead
•
Slavko Sereda/iStock via Getty Images Oil futures posted strong weekly gains that offset the big decline that followed OPEC’s June 2 announcement of its plan to begin bringing back about 2.2 million barrels per day of crude oil later this year. It’s been a week taught by Conflicting demand forecastsOPEC…
-
Retail Investors Still Bullish on Bitcoin (BTC) Ahead of FOMC Meeting
•
Bitcoin and the rest of the cryptocurrency market have seen a noticeable boom following the release of the latest US Consumer Price Index (CPI) data, and now all eyes are on the Federal Open Market Committee (FOMC) meeting tonight. Bitcoin and Ethereum posted gains of 3.4% and 2.43% over the…
-
Retail Investors Still Bullish on Bitcoin (BTC) Ahead of FOMC Meeting
•
Bitcoin and the rest of the cryptocurrency market have seen a noticeable boom following the release of the latest US Consumer Price Index (CPI) data, and now all eyes are on the Federal Open Market Committee (FOMC) meeting tonight. Bitcoin and Ethereum posted gains of 3.4% and 2.43% over the…
-
Dollar slips lower ahead of Fed meeting, CPI data By Investing.com
•
Investing.com – The US dollar fell on Wednesday, pulling back after hitting a four-week high overnight before the conclusion of the Federal Reserve’s latest policy meeting. At 04:10 ET (08:10 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down 0.4% at 104.775,…
-
Crypto leaders redirect focus to the UK Labour Party ahead of elections
•
As the UK prepares for snap elections on the 4th of July, the cryptocurrency industry is strategically turning its attention towards the Labor Party, led by Keir Starmer. This redirection, as mentioned By Bloomberg It comes amid widespread uncertainty over the future of cryptocurrency regulation in the UK, following Prime…
-
Crypto leaders redirect focus to the UK Labour Party ahead of elections
•
As the UK prepares for snap elections on the 4th of July, the cryptocurrency industry is strategically turning its attention towards the Labor Party, led by Keir Starmer. This redirection, as mentioned By Bloomberg It comes amid widespread uncertainty over the future of cryptocurrency regulation in the UK, following Prime…
-
UK monthly GDP on the agenda in the session ahead
•
Markets are in a more hesitant mood so far today and that is understandable. It will be a busy day in US trading, so there won’t be much conviction at least in European trading. All eyes will be on the main events later, which are the US CPI report and…
-
Asian stocks sink as rate jitters mount ahead of CPI data, Fed By Investing.com
•
Investing.com — Asian stocks mostly fell on Wednesday on anticipation of more signals on inflation and the Federal Reserve, while reports of more US trade scrutiny against China also weighed on sentiment. Regional stocks received a few positive signals from record closing levels in the and , which were mainly…
-
Dollars hands back gains ahead of inflation data, Fed meeting; By Investing.com
•
Investing.com – The US dollar fell on Tuesday, retreating from a one-month high, as yields eased ahead of key US inflation data and the Federal Reserve’s latest meeting. At 04:15 EDT (08:15 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down 0.3%…
-
European Futures Rise Ahead of Key US Indicators: Markets Wrap
•
(Bloomberg) — European stock futures rose as traders eyed U.S. inflation data this week and the Federal Reserve’s monetary policy decision. Most read from Bloomberg Futures on the Euro Stoxx 50 rose 0.2% even as most Asian stocks fell. Treasuries crept higher in Asia, while the Bloomberg dollar gauge advanced…
-
Week Ahead in FX (June 10 – 14): Fed and BOJ’s Decision on Tap, U.S. And Chinese Inflation Due
•
No need to look for a 6’5 guy in finances with a trust fund and blue eyes because you can make yourself rich with all the potential market catalysts we’re telling you about this week! The Fed and Bank of Japan will drop their policy decisions for June, while Uncle…
-
FX Watch: GBP/JPY’s Downtrend Ahead of U.K.’s Jobs Data
•
The GBP/JPY pair has seen lower highs since it was rejected from the 200.50-201.00 area in late May. why not? Threats of the Bank of England (BOE) to shift to dovish and mixed data from the UK are deterring the bulls. Meanwhile, a bit of risk aversion and talks about…
-
Kraken Seeks over $100M Funding Ahead of Potential IPO: Report
•
Cryptocurrency exchange Kraken is seeking more than $100 million ahead of a potential initial public offering (IPO), Bloomberg reported. The cryptocurrency exchange, founded in San Francisco in 2011, has long discussed going public. The move is said to be fueled by increased investor interest and a notable relaxation of regulations…
-
Dollar surge unlikely to mark end of recent weakness ahead of Fed decision: MUFG By Investing.com
•
Investing.com — It jumped on Friday to a weekly win, as a strong jobs report cooled bets on a Fed rate cut in September, but that is unlikely to mark a major reversal in the dollar’s bumpy ride lower unless it signals… The Fed points out that it is not.…
-
With the Bank of Canada, ECB and jobs in the rear view mirror, the Fed is ahead
•
This week, the Bank of Canada and the European Central Bank cut interest rates by 25 basis points each. For each, the initial cut was by the central bank. The Bank of Canada announced its interest rate decision on Wednesday. The central bank has reduced what is seen as restrictive…
-
Dollar flat ahead of key payrolls report; euro steady after ECB cut By Investing.com
•
Investing.com – The US dollar traded largely unchanged in early European trade on Friday, as traders awaited the release of key US employment data, while the euro stabilized after a historic interest rate cut by the European Central Bank. At 05:00 EST (09:00 GMT), the dollar index, which tracks the…
-
Dollar steadies, euro edges higher ahead of key ECB meeting By Investing.com
•
Investing.com – The US dollar was steady in early European trade on Thursday, while the euro rose ahead of the European Central Bank’s latest policy-setting meeting. At 04:00 EST (09:00 GMT), the dollar index, which tracks the US currency against a basket of six other currencies, rose slightly to 104.265.…
-
Nvidia Hits a $3 Trillion Market Cap Ahead of Its 10-for-1 Stock Split. Here’s What’s Next for Investors.
•
Nvidia (Nasdaq: NVDA) Stocks made headlines on Wednesday when they became the third U.S. public company to cross the $3 trillion market capitalization threshold. In January 2022, apple He was the first to achieve this remarkable feat, and he was followed by others Microsoft In January 2024. A growing group…
-
Dollar edges up ahead of key data, Bank of Canada policy meeting By Reuters
•
Written by Stefano Ribaudo (Reuters) – The dollar rose ahead of key U.S. economic data on Wednesday, with investors also awaiting a monetary policy meeting in Canada that could trigger a cycle of interest rate cuts. Investors are awaiting US services data on Wednesday, and more jobs numbers later in…
-
FX Watch: EUR/JPY Resistance Levels Ahead of ECB’s Decision
•
The rise of EUR/JPY from the support area has me looking at potential resistance levels ahead of the European Central Bank (ECB) policy decision! Earlier this week, the Japanese yen got a boost from talks that the Bank of Japan may discuss slowing its bond purchases as early as next…