Category: peak
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Bitcoin Cycle Peak: How The USDT Dominance Could Predict The Top
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Cryptographers have used Multiple gauges on the chain Indicators to analyze whether Bitcoin’s peak has already reached this bullish level or not. This time, cryptocurrency analyst Thomas pointed to USDT’s dominance to determine Bitcoin at the top of the market. How USDT Dominance Predicts Bitcoin Top Thomas claimed on X…
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Global Stocks Hit Peak Level Before US Jobs Data: Markets Wrap
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(Bloomberg) — Global stocks are expected to hold onto record highs hit on Thursday as traders turn their attention to U.S. jobs data due Friday for clues on the Federal Reserve’s interest-rate cut. Most Read from Bloomberg Tokyo’s Topix index hit a new record before retreating. The moves followed gains…
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Government Borrowing in May Reaches Post-Covid Peak
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Government borrowing rose in May to £15bn, the highest level since the Covid-19 pandemic, but still below expectations from the Office for Budget Responsibility (OBR). This figure was £800 million higher than in May last year, but £600 million lower than the Office for Budget Responsibility had predicted. As the…
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OPEC rips ‘unrealistic’ and ‘dangerous’ peak oil demand prediction (NYSEARCA:USO)
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Slavko Sereda/iStock via Getty Images Crude oil futures rose on Thursday, finding support in data that pointed to a slowing pace of inflation in the United States, with the May Producer Price Index coming in lower than expected a day after a weak May CPI reading. OPEC President and Secretary…
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Turkey Poised to Reach Worst of Inflation With Peak Close to 75%
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Breadcrumb links BMN Business Türkiye hopes it is on the cusp of turning the page on another crisis as inflation rises. Article writer: Bloomberg News Beryl Ackman and Paris Balcy Published on June 02, 2024 • 2 min read You can save this article by registering for free here. Or…