Category: market
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Weekly Market Outlook (24-28 June)
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Upcoming events: MondaySummary of the views of the Bank of Japan and the German IFO. Tuesday: Canadian Consumer Price Index, US Consumer Confidence. Wednesday: Australia’s monthly consumer price index. Thursday: Japanese Retail Sales, US Durable Goods Orders, US Final Q1 GDP, US Unemployment Claims. Friday: Tokyo CPI, UK Final Q1…
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Real estate stocks edge down, while major market averages gain marginally (NYSEARCA:XLRE)
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the horror Real estate stocks fell in the week ending June 21 after mixed economic data and the latest housing market update, while the major market averages rose marginally. Selected Real Estate Sector Fund SPDR Fund ETF (NYSEARCA:XLRE) I finish Shortened vacation week 0.13% Lower at $38.48. The fund posted…
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XRP Faces Extended Bearish Pressure At $0.4937 Amid Market Weakness
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My name is Godspower Owie, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the lifestyle. My parents are literally the backbone of my story. They have always supported…
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XRP Faces Extended Bearish Pressure At $0.4937 Amid Market Weakness
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My name is Godspower Owie, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the lifestyle. My parents are literally the backbone of my story. They have always supported…
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BTC Price Dumps Toward $64K Again as Spot Bitcoin ETF Outflows Continue (Market Watch)
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Bitcoin’s disappointing price movements continue as the asset was halted at $66,400 and fell towards $64,000 for the third time this week. Altcoins turned red as well, with several painful declines, especially from the meme space. BTC slides towards $64,000 It is safe to say that the underlying cryptocurrency has…
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BTC Price Dumps Toward $64K Again as Spot Bitcoin ETF Outflows Continue (Market Watch)
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Bitcoin’s disappointing price movements continue as the asset was halted at $66,400 and fell towards $64,000 for the third time this week. Altcoins turned red as well, with several painful declines, especially from the meme space. BTC slides towards $64,000 It is safe to say that the underlying cryptocurrency has…
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Daily Broad Market Recap – June 20, 2024
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Market attention was focused on two major announcements from the central bank, one of which included a surprise interest rate cut. How did the rest of the asset classes perform? Titles: The People’s Bank of China kept interest rates on key one-year and five-year loans unchanged By 3.45% and 3.95%,…
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Bitcoin Whales Dump Over $1 Billion In BTC Amid Shifting Market Dynamics
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Bitcoin whales, or large-scale holders of the digital asset, have been offloading their holdings at a rapid pace. According to on-chain analysis firm CryptoQuant, these long-term Bitcoin investors and miners have sold over $1 billion worth of BTC in the past two weeks, signaling a significant shift in market dynamics.…
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Bitcoin Whales Dump Over $1 Billion In BTC Amid Shifting Market Dynamics
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Bitcoin whales, or large-scale holders of the digital asset, have been offloading their holdings at a rapid pace. According to on-chain analysis firm CryptoQuant, these long-term Bitcoin investors and miners have sold over $1 billion worth of BTC in the past two weeks, signaling a significant shift in market dynamics.…
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London Reclaims Title as Europe’s Largest Stock Market
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The UK’s main stock market has regained its position as Europe’s most valuable market for the first time in nearly two years. The total value of companies listed on the London Stock Exchange (LSE) reached $3.18 trillion on Monday, surpassing the $3.13 trillion valuation of Paris-listed companies, according to Bloomberg…
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Daily Broad Market Recap – June 19, 2024
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With US traders off on holiday and traders remaining on the sidelines ahead of this week’s closely watched economic events, major assets were trading in lower ranges. What are the headlines that caught traders’ attention in the past trading sessions? Titles: Bank of Japan meeting minutes “Some members” indicated that…
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Here’s Why The Dogecoin Price Is Reversing Against The Bearish Market Trend
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Dogecoin price took an interesting turn in the last day, going against the bearish wave that destroyed the majority of the cryptocurrency market. Given that the meme coin is green at a time when the majority of the market is experiencing losses, this has led to speculation about what could…
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Here’s Why The Dogecoin Price Is Reversing Against The Bearish Market Trend
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Dogecoin price took an interesting turn in the last day, going against the bearish wave that destroyed the majority of the cryptocurrency market. Given that the meme coin is green at a time when the majority of the market is experiencing losses, this has led to speculation about what could…
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Bitcoin Now Accepted At South London’s Tooting Market
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Founded in 1930, Tooting Market In South London is an iconic indoor market and the UK’s first food market. He has received accolades such as Best small indoor market At the 2017 Great British Market Awards Tooting was shortlisted Lonely Planet’s favorite lesser-known neighborhoods in the world’s greatest cities.’ It…
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Bitcoin Now Accepted At South London’s Tooting Market
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Founded in 1930, Tooting Market In South London is an iconic indoor market and the UK’s first food market. He has received accolades such as Best small indoor market At the 2017 Great British Market Awards Tooting was shortlisted Lonely Planet’s favorite lesser-known neighborhoods in the world’s greatest cities.’ It…
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Daily Broad Market Recap – June 18, 2024
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Weaker than expected retail activity in the US raised concerns about growth and weighed on the US dollar. So why did US stocks expand their gains? Here are the headlines you need to know if you missed yesterday’s trading! Titles: Reserve Bank of Australia keeps interest rates at 4.35% He…
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Reminder – US markets are closed on Wednesday, June 19th – market hours impact
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I posted about this yesterday as a heads up, and I’m doing so again. US markets will be closed on Wednesday for the Juneteenth holiday. The New York Stock Exchange and Nasdaq will be closed The Securities Industry and Financial Markets Association (SIFMA) recommends that the US bond market be…
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‘Buy The Dip?’ Bitcoin Price Decline To New 1-Month Lows Amid Crypto Market Turmoil
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The cryptocurrency market has been on a roll lately, with the price of leading digital asset Bitcoin falling to a new one-month low. After a long period of relatively stable prices, the price of Bitcoin saw a significant decline, falling to new one-month lows of around $64,000. This sudden decline…
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‘Buy The Dip?’ Bitcoin Price Decline To New 1-Month Lows Amid Crypto Market Turmoil
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The cryptocurrency market has been on a roll lately, with the price of leading digital asset Bitcoin falling to a new one-month low. After a long period of relatively stable prices, the price of Bitcoin saw a significant decline, falling to new one-month lows of around $64,000. This sudden decline…