Category: crosses
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Big Tech surges as S&P 500 crosses 5,600 for first time
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On Thursday, investors will digest one of the most important data points that will shape the Federal Reserve’s future interest rate policy: the June consumer price index. The inflation report, due at 8:30 a.m. ET, is expected to show headline inflation at 3.1%, slowing from a 3.3% gain in May.…
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Asia FX muted as dollar nears 2-mth high; yen crosses intervention levels By Investing.com
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Investing.com – Most Asian currencies moved little on Thursday as traders remained largely biased towards the dollar in anticipation of more major US economic signals. The focus was also on possible government intervention in the Japanese yen, which broke above levels that had prompted government intervention in May. Sentiment towards…
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Nvidia stock crosses $3 trillion market cap, overtakes Apple as second-largest co. in US market
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Nvidia (NVDA) stock rose as much as 5% on Wednesday to hit a record high, giving the company a market value of more than $3 trillion, making it the third stock to reach the milestone, joining Apple (AAPL) and Microsoft (MSFT). Wednesday’s rise also saw the company briefly overtake Apple…
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Bitcoin Price Crosses $71K As Bitcoin ETF See Best Inflow Of $880M Since March 24
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The cryptocurrency market has been abuzz with activity in recent weeks, with Bitcoin (BTC) emerging as a major driver of this renewed enthusiasm. After a period of relative stagnation from mid-April to early May, the world’s largest digital assets have once again captured the attention of investors, both retail and…
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US federal budget crosses grim milestone as interest payments overtake defense spending
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It has been the United States for a long time The largest defense budget in the worldSpending this year is expected to approach $900 billion. However, this spending is quickly being outpaced by the fastest-growing portion of federal outflows: interest payments on the national debt. to The first seven months…
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Bybit Crosses 30 Million User Threshold amid Sixfold Volume Jump
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Cryptocurrency exchange Bybit has surpassed 30 million registered users globally. The exchange, one of the largest by spot volume, has increased its customer base by 10 million over the past six months. Bybit exceeds 30 million registered users At the end of November last year, Bybit celebrated its fifth anniversary…