Category: June
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Economic calendar in Asia Tuesday, 18 June 2024 – RBA decision and press conference
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or all…
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Putin to visit Kim in North Korea on June 18-19 By Reuters
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Written by Jay Faulconbridge and Josh Smith MOSCOW/SEOUL (Reuters) – Russian President Vladimir Putin will visit North Korea on Tuesday and Wednesday, the Kremlin said, a rare visit that highlights Moscow’s growing partnership with the isolated, nuclear-armed state. North Korean leader Kim Jong Un extended an invitation to Putin during…
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Premium Forex Watch Recaps: June 10 – 12, 2024
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Our forex experts targeted this week’s UK jobs update and FOMC statement for potential short-term opportunities to watch. Of the four scenario/price forecast discussions this week, The two arguably saw both financial and technical arguments raised To become a potential candidate for a risk management overlay. Check out our review…
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Weekly Market Outlook (17-21 June)
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Upcoming events: Monday: People’s Bank of China (PBoC) Multilateral, New Zealand Services PMI, Industrial Production and Retail Sales in China, Eurozone Wage Growth. Tuesday: Reserve Bank of Australia policy decision, Eurozone ZEW, US retail sales, US industrial production. Wednesday: UK Consumer Price Index, US NAHB Housing Market Index, Bank of…
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Daily Broad Market Recap – June 13, 2024
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How did major assets trade after the US CPI report and Fed decision in June? We’ve got details on Thursday’s market headlines and price action you need to know! Titles: Australian employment change In May: 39.7K (30.5K expected, 37.4K previous); The unemployment rate fell from 4.1% to 4.0% as expected…
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Bitcoin (BTC) Volatility Amid FOMC Meeting, Shiba Inu (SHIB) Developments, and More: Bits Recap June 13
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Turkish lire; Dr Bitcoin peaked at $72,000 last Friday, quickly fell below $70,000, and fell to $66,000 before the CPI announcement and interest rate decision by the Fed. The Shiba Inu’s burn rate is up 2,800%, but its price is down over 15% weekly. While XRP fell 7% to $0.48,…
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Bitcoin (BTC) Volatility Amid FOMC Meeting, Shiba Inu (SHIB) Developments, and More: Bits Recap June 13
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Turkish lire; Dr Bitcoin peaked at $72,000 last Friday, quickly fell below $70,000, and fell to $66,000 before the CPI announcement and interest rate decision by the Fed. The Shiba Inu’s burn rate is up 2,800%, but its price is down over 15% weekly. While XRP fell 7% to $0.48,…
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Daily Broad Market Recap – June 12, 2024
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Market attention was focused on the key events in the US for the day, specifically the CPI release and the Federal Reserve statement, and these catalysts did not disappoint when it comes to volatility. Both major market movers faced some surprises, which then led to significant volatility in the dollar…
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BitRam Artwork Auction 11-13th June
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Scarce CityGet ready for the legendary Scarce City to hold a hot auction with an OG VESA artist. June 11-13. Watch a video on how the artwork is made and what it is about. It’s the first Bitcoin-specific piece to be made by VESA in two years exclusively on Scarce.City…
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Daily Broad Market Recap – June 11, 2024
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It was a choppy day for most asset classes, with Treasury and Bitcoin yields falling while commodities and stocks largely rebounded later. However, the safe-haven US dollar managed to keep its head afloat, despite some risk flows in the latter part of the New York session. Read on to find…
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Daily Broad Market Recap – June 10, 2024
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Markets appear to be off to a slow start this week, but could this be just the calm before the storm? Stocks were in a positive mood while some risk flows emerged while profitable companies also made gains. Read on to see how the rest of the major currencies are…
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Week Ahead in FX (June 10 – 14): Fed and BOJ’s Decision on Tap, U.S. And Chinese Inflation Due
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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…
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Cardano Hype Train Departs – Hoskinson Predicts June Hard Fork To Boost ADA
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Cardano, the blockchain network powered by Charles Hoskinson, is on the cusp of a major upgrade. Chang’s upcoming hard split, targeted for June, promises to usher in a new era dubbed the “Age of Voltaire.” As excitement boils within the Cardano community, a crucial question remains: Will this translate into…
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Premium Forex Watch Recaps: June 4 – 6, 2024
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With two major central bank statements released this week, it was easy for forex strategists to focus on the Canadian dollar and the euro this week as the key markets to watch. Among the four scenario/price forecast discussions, The two arguably saw both financial and technical arguments raised To become…
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Weekly Market Outlook (10-14 June)
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Upcoming events: Tuesday: UK Labor Market Report, US NFIB Small Business Optimism Index. Wednesday: Japanese Producer Price Index, Chinese CPI, UK GDP, US CPI, FOMC Policy Decision. Thursday: Australian Labor Market Report, Swiss Producer Price Index, Eurozone Industrial Production, US Producer Price Index, US Unemployment Claims. Friday: New Zealand Manufacturing…
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Bitcoin Price In June Eyeing $80,000 Milestone As Open Interest For Bitcoin In June Reaches 19B
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The cryptocurrency market has been full of excitement as Bitcoin (BTC) continues to push the limits of its price performance. After breaching the $70,000 mark, traders and analysts are now eagerly anticipating the possibility of Bitcoin price in June 2024 reaching the highly coveted $80,000 level. This renewed bullish momentum…
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3 High-Yield Dividend Stocks to Buy in June to Safeguard Your Portfolio From Future Storms
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The stock market has been very hot over the past year, setting several new all-time highs. This may make it easier to forget about difficult times in the past. Unfortunately, the market will eventually face more storms in the future. For this reason, investors should look for ways to protect…
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3 Dow Stocks That Are No-Brainer Buys in June
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On May 26, Icon Dow Jones Industrial Average (DJI: ^DJI) It celebrated its 128th birthday. Since its introduction in 1896, it has undergone more than fourteen changes and gone from a 12-stock index filled with industrial companies to one now represented by 30 time-tested, diversified multinational companies. In mid-May, Dow…
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Daily Broad Market Recap – June 6, 2024
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It was a bullish and adverse day for the US dollar, as it erased intraday gains while traders braced for a potential loss in non-farm payrolls. The ECB’s monetary policy decision also took the spotlight when it surprised the central bank with a “tight easing” and spurred rapid gains for…
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Daily Broad Market Recap – June 5, 2024
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‘Risk’ assets and their US dollar counterparts saw gains during the US session as more traders priced in a potential interest rate cut by the Federal Reserve. The US dollar itself was largely stable, shedding points against commodity-linked currencies but also posting gains against other safe havens such as the…