Category: Slowdown
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Bitcoin Price Growth Mirrors Demand – On-Chain Metrics Show A Slowdown Since December
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Bitcoin is traded without a sign of $ 100,000 after a group of a week, and it features severe fluctuation and continuous sale pressure. Last Sunday, the cryptocurrency faced severe disturbances on the market, as it decreased more than 9 % in less than 24 hours. While BTC was able…
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Bitcoin Price Growth Mirrors Demand – On-Chain Metrics Show A Slowdown Since December
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Bitcoin is traded without a sign of $ 100,000 after a group of a week, and it features severe fluctuation and continuous sale pressure. Last Sunday, the cryptocurrency faced severe disturbances on the market, as it decreased more than 9 % in less than 24 hours. While BTC was able…
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Bank of England poised for interest rate cut amid slowdown concerns
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The Bank of England is expected to reduce the main interest rate later today, moving from 4.75 % to 4.5 %, in an attempt to counter slow economic performance in the UK. Many analysts refer to the most softened gross domestic product numbers and the decline in inflation as the…
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Bitcoin Capital Inflows See Notable Slowdown, But Is This A Worry?
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On-chain data shows that capital inflows into Bitcoin have slowed since their highs last year. Here’s what this could mean for the price of BTC. The real value of Bitcoin continues to grow, albeit at a slower rate According to data from the on-chain analytics company Vitreous nodeHowever, capital inflows…
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Bitcoin Capital Inflows See Notable Slowdown, But Is This A Worry?
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On-chain data shows that capital inflows into Bitcoin have slowed since their highs last year. Here’s what this could mean for the price of BTC. The real value of Bitcoin continues to grow, albeit at a slower rate According to data from the on-chain analytics company Vitreous nodeHowever, capital inflows…
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Ethereum Price Lacks Traction: Can It Overcome The Slowdown?
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Ethereum price extended its losses and tested the $2,380 support area. ETH is recovering from its losses and struggling to pick up speed to move above the $25,250 level. Ethereum started a recovery wave from the $2,380 area. The price is trading below the $2,500 level and the 100 hourly…
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Ethereum Price Lacks Traction: Can It Overcome The Slowdown?
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Ethereum price extended its losses and tested the $2,380 support area. ETH is recovering from its losses and struggling to pick up speed to move above the $25,250 level. Ethereum started a recovery wave from the $2,380 area. The price is trading below the $2,500 level and the 100 hourly…
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Citi forecasts further US dollar decline amid global slowdown By Investing.com
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Citigroup has expressed a view that the US dollar is likely to weaken further in the near term, although it maintains a bullish stance on the currency for the next month or two. The brokerage stressed that this outlook is not in favour of a broad-based strengthening of the dollar…
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Citi forecasts further US dollar decline amid global slowdown By Investing.com
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Citigroup has expressed a view that the US dollar is likely to weaken further in the near term, although it maintains a bullish stance on the currency for the next month or two. The brokerage stressed that this outlook is not in favour of a broad-based strengthening of the dollar…
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Monthly UK jobs market report showed a significant slowdown in August
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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…
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Talk of a slowdown is way overblown
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Michael Dell, founder and CEO of Dell Technologies, believes talk of a decline in spending on artificial intelligence is greatly exaggerated. “There are always bumps in the road when you launch a rocket and innovate new capabilities,” Dell said at the Citi technology, media and communications conference in New York…
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BOJ Governor Ueda says concerns over US economy slowdown behind recent market rout
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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…
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Doman Building Materials Q2 results reflect market slowdown By Investing.com
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Doman Building Materials Group Inc. (DBM), a leading supplier in the construction industry, has reported its financial results for the second quarter of 2024. The company saw a decline in sales by 2.9% year-over-year, earning $689.8 million, with a gross margin percentage of 15.7%. Adjusted EBITDA also fell by 23.4%…
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Yen rises to 7-month highs as US slowdown fears spill over By Reuters
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By Vidya Ranganathan SINGAPORE (Reuters) – The Japanese yen hit its highest level against the dollar since January on Monday as markets continued to move in a week that began after weak U.S. employment data stoked recession fears and expectations of deeper interest rate cuts by the Federal Reserve. Friday’s…
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Hedge funds grow bearish amid economic slowdown jitters, Goldman says By Reuters
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Written by Carolina Mandel NEW YORK (Reuters) – Global hedge funds continued to add bearish bets on stocks to their portfolios in the week to Aug. 1 as fresh data raised concerns that the U.S. economy is slowing faster than expected, Goldman Sachs said in a note to clients. Goldman…
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Dollar falls as data points to economic slowdown; sterling weak By Investing.com
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Investing.com – The U.S. dollar fell in early European trade on Friday after weak data fueled concerns of a sharp slowdown in the world’s largest economy, which could prompt the Federal Reserve to ease monetary policy significantly. At 04:00 ET (09:00 GMT), the dollar index, which tracks the greenback against…
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Vietnam’s VinFast delays US electric car plant amid market slowdown By Reuters
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By Phuong Nguyen HANOI (Reuters) – Vietnamese electric vehicle maker VinFast has postponed the launch of its planned $4 billion North Carolina factory to 2028 and cut its delivery forecast for this year by about 20,000 units amid uncertainty in the global electric vehicle market. Vinfast, founded by Vietnam’s richest…
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Video: Where to camp out in a cyclical slowdown and what AI will do to the economy
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I spoke with Andy Bell at BNNBloomberg yesterday for a wide-ranging interview about the state of global markets and what will happen in a cyclical downturn. I also touched on the disruption caused by artificial intelligence and why central bankers are wrong about inflation. Some highlights: Canadian Dollar and Interest…
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Hedge Funds’ Bullish Copper Bets Run Into China’s Slowdown
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Breadcrumb links BMN Business Copper rose to a record high amid a wave of hedge fund money. The big question now for the bulls is when Chinese buyers will return. Article writer: Bloomberg News Bloomberg News Posted on June 23, 2024 • 6 minute read You can save this article…
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Rising fuel inventories hit crack spreads, likely signaling refining slowdown ahead
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Slavko Sereda/iStock via Getty Images Oil futures posted strong weekly gains that offset the big decline that followed OPEC’s June 2 announcement of its plan to begin bringing back about 2.2 million barrels per day of crude oil later this year. It’s been a week taught by Conflicting demand forecastsOPEC…