Category: Weekly

  • Weekly Market Outlook (23-27 September)

    Upcoming Events: Monday: Japan on holiday, Australia/Eurozone/UK/US spot PMIs. Tuesday: Japan PMI, RBA Monetary Policy Decision, German IFO, US Consumer Confidence. Wednesday:Australia Monthly Consumer Price Index. Thursday:SNB Monetary Policy Decision, US Durable Goods Orders, US Q2 Final GDP, US Unemployment Claims. FridayTokyo CPI, Canada GDP, US Personal Spending Index. Monday…

  • Weekly Market Outlook (23-27 September)

    Upcoming Events: Monday: Japan on holiday, Australia/Eurozone/UK/US spot PMIs. Tuesday: Japan PMI, RBA Monetary Policy Decision, German IFO, US Consumer Confidence. Wednesday:Australia Monthly Consumer Price Index. Thursday:SNB Monetary Policy Decision, US Durable Goods Orders, US Q2 Final GDP, US Unemployment Claims. FridayTokyo CPI, Canada GDP, US Personal Spending Index. Monday…

  • Weekly Market Outlook (16-20 September)

    Upcoming Events: Monday: New Zealand Services PMI. Tuesday: Eurozone ZEW Index, Canadian CPI, US Retail Sales, US Industrial Production and Capacity Utilization, US National Association of Home Builders Housing Market Index. WednesdayUK CPI, US Housing Starts and Building Permits, Bank of Canada Minutes, FOMC Policy Decision. Thursday:New Zealand Q2 GDP,…

  • BNB Weekly Active Addresses Surge Over 6%

    This article is also available in Spanish. Since March, the price of BNB, formerly known as Binance Coin, has barely dipped below $500, despite the broader cryptocurrency market downturn. Following the heavy losses suffered by major cryptocurrencies, BNB has shown some impressive resistance to price declines, supported by strong demand.…

  • Bitcoin Sees 2 Consecutive Heikin Ashi Signals On The Weekly Chart, What This Means

    This article is also available in Spanish. Cryptocurrency Analyst Jesse Olson A second consecutive Heikin Ashi signal has been highlighted on the weekly chart of Bitcoin (BTC). This comes despite Bitcoin’s recent rally to Up to $58,000indicating that an upward reversal may be on the horizon. What does Heikin Ashi…

  • Weekly Market Outlook (09-13 September)

    Upcoming Events: Monday: China consumer price index. Tuesday: UK Labor Market Report, US NFIB Business Optimism Index. WednesdayUK GDP, US CPI. Thursday:Japan PPI, ECB Monetary Policy Decision, US PPI, US Unemployment Claims. Friday:New Zealand Manufacturing PMI, University of Michigan Consumer Confidence Index in the United States. Monday China’s CPI is…

  • Weekly Market Outlook (02-06 September)

    Upcoming Events: Monday: US/Canada Holiday, China Caixin Manufacturing PMI, Swiss Manufacturing PMI. Tuesday: Swiss CPI, Swiss Q2 GDP, Canada Manufacturing PMI, US ISM Manufacturing PMI. Wednesday:Australian Q2 GDP, China Caixin Services PMI, Eurozone PPI, Bank of Canada Monetary Policy Decision, US Job Openings, Fed Beige Book. ThursdayAverage cash income in…

  • Lido DAO’s (LDO) New Analytics Might Deter Hostile Market Environment Despite 18% Weekly Losses

    The hostile market environment is currently hampering altcoins’ near-term gains. With the broader market down 2%, LDO’s losses compound Crude oil prices have risen 18% since last week, continuing to end the week with pain for short-term investors. This has shaken investor confidence as fear, uncertainty and doubt spread through…

  • Weekly U.S. economic data roundup: Year-ahead inflation expectations at 2020 levels

    Prime Minister Pictures Last week was a busy week for Wall Street in terms of economic data, with the Federal Reserve’s preferred inflation gauge coming in the spotlight on Friday. Notably, inflation expectations for the coming year from both the Conference Board and the University of Michigan dropped to 1.3%.…

  • Global Market Weekly Recap: August 26 – 30, 2024

    Major assets were all over the place this week as traders tried to balance a massive load of news and data, and based on the results, it appears they put a little more weight on individual asset catalysts over overall market sentiment drivers. Middle East tensions and Libyan supply concerns…

  • China’s yuan set for longest weekly winning streak since 2021 By Reuters

    SHANGHAI (Reuters) – Sterling edged up slightly against the weaker dollar on Friday and looked set for a fifth straight weekly gain, its longest winning streak in more than three years. The yuan was supported by stronger corporate interest in repatriating their foreign exchange earnings on the back of recent…

  • Weekly Market Outlook (26-30 August)

    Upcoming Events: Monday: PBoC MLF, German IFO, US Durable Goods Orders. Tuesday: Consumer confidence in the United States. Wednesday:Australia Monthly CPI and Nvidia Earnings. ThursdayUS GDP Q2:Second abbreviation US unemployment claims estimates. FridayTokyo CPI, Japan Retail Sales, Eurozone Spot CPI and Unemployment Rate, Canada GDP, US Personal Spending. Tuesday The…

  • NFT market up 23% in weekly sales; Ethereum leads charge

    The NFT market saw sales rise by 23.4% between August 19 and 24. Ethereum currently dominates the scene, followed by Solana and Polygon. Last week, CryptoSlam data showed that sales volumes in the broader NFT market rose 23.4%, settling below $100 million. The surge in activity was accompanied by a…

  • NFT market up 23% in weekly sales; Ethereum leads charge

    The NFT market saw sales rise by 23.4% between August 19 and 24. Ethereum currently dominates the scene, followed by Solana and Polygon. Last week, CryptoSlam data showed that sales volumes in the broader NFT market rose 23.4%, settling below $100 million. The surge in activity was accompanied by a…

  • S&P 500 gains 1.4% in weekly rise, with fuel from the Fed greenlighting rate cuts

    The Standard & Poor’s 500 Index (SP500) rose 1.44% on Friday for the week to close at 5,634.61 points, gaining in three of the last five sessions. The accompanying SPDR S&P 500 ETF Trust (New York: Spy) rose by 1.41% during the week. Wall Street Reference index (sb 500The index…

  • Global Market Weekly Recap: August 19 – 23, 2024

    While most market participants were preoccupied with the FOMC minutes and expectations of Powell’s testimony at the Jackson Hole Symposium, commodities like gold and crude oil also responded to their own set of catalysts. Geopolitical headlines and global growth concerns led the energy commodity mostly lower during the first half…

  • Weekly Market Outlook (19-23 August)

    Upcoming Events: Monday: New Zealand Services PMI, Fed Waller, Bank of Canada Senior Loan Officer Survey. Tuesday: PBOC key interest rate, RBA minutes, Canadian CPI, Eurozone wage growth. WednesdayCanada Producer Price Index, FOMC Meeting Minutes. Thursday:Australia/Japan/Eurozone/UK/US preliminary PMIs, ECB minutes, US jobless claims, Jackson Hole symposium. Friday:New Zealand Retail Sales,…

  • S&P 500 powers to 4% weekly advance (NYSEARCA:SPY)

    S&P 500 (SP500) Friday Jumped 3.93% The index ended the week at 5,554.25 points, posting gains in four of the last five sessions. SPDR S&P 500 ETF Trust (New York: Spy) Added 3.99% For this week. What a difference a week makes! Wall Street’s benchmark index The index posted its…

  • $10 Weekly Bitcoin DCA Yields 202% Return, Outshines Traditional Assets Over 5 Years

    Modern analysis of Bitcoin Pro Magazine This report shows the strength of Bitcoin’s dollar cost averaging (DCA) compared to traditional assets such as gold, Apple stocks, and the Dow Jones Industrial Average (DJI). The data reveals that a consistent $10 weekly investment in Bitcoin over the past five years would…

  • $10 Weekly Bitcoin DCA Yields 202% Return, Outshines Traditional Assets Over 5 Years

    Modern analysis of Bitcoin Pro Magazine This report shows the strength of Bitcoin’s dollar cost averaging (DCA) compared to traditional assets such as gold, Apple stocks, and the Dow Jones Industrial Average (DJI). The data reveals that a consistent $10 weekly investment in Bitcoin over the past five years would…