Category: market

  • BOJ Governor Ueda says concerns over US economy slowdown behind recent market rout

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Market Swing Yields 12% Gains For UNI

    With the broader market swing suggesting that most cryptocurrencies are on an upward trajectory, Uniswap has continued its upward trajectory, capturing some of the broader market momentum. According to Queen GeckoThe token’s value has risen by about 12% since last week despite the market falling slightly yesterday, August 21. Related…

  • Goldman Sachs on where to look in FX if you’re expecting equity market losses

    Goldman Sachs analyzes effective hedges in the foreign exchange market in scenarios where US stocks and yields fall, highlighting the most reliable currency positions. Safe havens JPY and CHF, along with shorting MXN and AUD, are identified as effective hedges. However, the costs associated with certain strategies favor shorting AUD…

  • How the Forex Market Became the World’s Biggest Market

    There are many markets available to traders, each with different purposes. Stock markets are for investing in companies, cryptocurrency markets are for investing in blockchain projects, and so on. But the largest market among them is the Forex market. Why is the Forex market the largest? In this article, the…

  • Daily Broad Market Recap – August 21, 2024

    Just when the US dollar seemed to be in recovery mode, it posted another day in the red thanks to two major catalysts. How did the rest of the markets perform? Here are the top economic headlines and updates you need to know: Headlines: Japan’s trade deficit in July The…

  • Market Dip Leaves TIA Investors 16% In The Red

    With the wider crypto market under Celestia has dropped by 3% in the past 24 hours, due to the bearish trend. According to Queen GeckoTIA, the native token of Celestia, has dropped more than 18% since last week, putting more pressure on exhausted bulls as bears look for more bearish…

  • Japanese rates could trail yen, stock market ahead of Ueda’s testimony By Investing.com

    Bank of Japan Governor Kazuo Ueda is scheduled to speak to parliament on Friday, facing the delicate task of informing policymakers of possible future monetary policy amid current market volatility. Japanese stock markets have been steadily rising recently, with the index hitting an all-time high, while the yen fell to…

  • Japanese rates could trail yen, stock market ahead of Ueda’s testimony By Investing.com

    Bank of Japan Governor Kazuo Ueda is scheduled to speak to parliament on Friday, facing the delicate task of informing policymakers of possible future monetary policy amid current market volatility. Japanese stock markets have been steadily rising recently, with the index hitting an all-time high, while the yen fell to…

  • Analysis-Euro, now a safer bet, emerges a winner from market turmoil By Reuters

    Written by Sruthi Shankar and Alun John (Reuters) – The euro is trading at its highest level this year against the dollar, emerging as a clear winner from recent turmoil in global currency markets that has destabilized the strong dollar and halted a sustained slide in the Japanese yen. After…

  • Daily Broad Market Recap – August 20, 2024

    Risk aversion has returned to the markets in recent trading sessions, sending stock indices lower again and pushing gold to test record highs. However, the US dollar failed to make safe-haven gains, as the greenback fell to its lowest level in a year. Check out these headlines and economic updates…

  • Daily FX Market Review: U.S. Dollar Hits Its Lowest Point of the Year!

    The US dollar hit its lowest level this year on Tuesday as market participants awaited the Federal Reserve’s next interest rate cuts. The dollar fell to levels not seen since early January, reflecting expectations that the U.S. Federal Reserve will begin cutting interest rates next month. This decline comes in…

  • Cardano Kicked Out Of Top 10 Crypto By Market Cap, What’s Going On?

    In an unexpected turn of events, Cardano (ADA) It has been officially removed from the list of the top 10 cryptocurrencies by market cap. The popular altcoin has also been taken over by Tron (TRX)which represents a major shift in the cryptocurrency market. Cardano’s fall from grace According to reports…

  • Cardano Kicked Out Of Top 10 Crypto By Market Cap, What’s Going On?

    In an unexpected turn of events, Cardano (ADA) It has been officially removed from the list of the top 10 cryptocurrencies by market cap. The popular altcoin has also been taken over by Tron (TRX)which represents a major shift in the cryptocurrency market. Cardano’s fall from grace According to reports…

  • Hesai Group maintains lead in LiDAR market, eyes profitability By Investing.com

    During its second quarter 2024 earnings conference call, Hesai Group, a leading automotive LiDAR technology company, showcased its robust market position and strategic advancements. The company, which trades under the ticker symbol HSAI, reported significant design wins and partnerships, projecting an optimistic outlook for future profitability and market expansion. Hesai’s…

  • Who’s going to win the presidential election? The stock market has a prediction.

    – Getty Images There is a 64% chance that Kamala Harris will win the presidential election in November, given the strong performance of the stock market since the beginning of the year. This is moderately higher than the 58% probability I mentioned in Column last MayThe reason for this is…

  • Powell has spoken at Jackson Hole for six straight years. Here is how the market reacted

    Amnesty International Image Fed Chair Powell’s annual remarks at Jackson Hole have become must-watch events for traders, often leading to big market moves. Goldman Sachs provides a quick recap of the past six years and how they have impacted the front end of the bond market (the dollar generally follows…

  • Tech and healthcare outshine in a mixed market: Insights from today’s stock trends

    Stock Heat Map from FinViz.com Tuesday, August 20, 2024 13:46:11 GMT Today’s Stock Market Overview Today’s stock market is a complex fabric with significant differences across sectors. A closer look at the stock market map reveals mixed performance, with notable dynamics in the technology and healthcare sectors overshadowing mixed sentiment…

  • Daily Broad Market Recap – August 19, 2024

    Market participants appear to have woken up on the right side of the bed this week, as the risk-on mood led to strong gains for stocks and high-yielding currencies on Monday. How did the rest of the asset classes perform? Let’s take a look at the latest headlines and market…

  • Daily Broad Market Recap – August 19, 2024

    Market participants appear to have woken up on the right side of the bed this week, as the risk-on mood led to strong gains for stocks and high-yielding currencies on Monday. How did the rest of the asset classes perform? Let’s take a look at the latest headlines and market…

  • Drift brings DeFi-integrated prediction market to Solana

    On-chain trading protocol Drift has launched prediction markets as part of its expanding product suite. Solana-based platform SOL has unveiled its new prediction market feature in advertisement On August 19th. Drift’s market prediction product will work similarly to Polymarket, giving users the opportunity to bet on the outcome of events…