Phyllis Wangui is a Financial News Editor with extensive knowledge of the forex, stock news, stock market, forex analysis, cryptos and foreign exchange industries.Phyllis is an avid commentator on these topics and loves to share her insights with others through financial publications and social media platforms.
Stocks ended higher after soft inflation data and Walmart beat earnings forecast. Before today’s Bank of England testimony on the November Monetary Policy Report, UK inflation data fail to push the GBP/USD toward $1.20. The Dow Jones Industrial Average increased… Read More »Stock Market Today: US Futures, S&P 500 & Dow Jones Rise
Key Highlights There is a range of predictions for the future of bitcoin in 2023. Some believe that the digital currency could see a significant rally, with estimates ranging up to a 1,400% increase in value. Others are less optimistic,… Read More »2023 Crypto Outlook: BTC and Altcoin Predictions
After reaching a record high in early 2022, the S&P 500 saw a bearish trend emerge in waves. Despite a somewhat hawkish economic environment, the overall trend for the year was a net loss of -19.76%. However, there were periods of opposite… Read More »Markets Predictions For The New Year
In This Post: Tuesday morning, U.S. equities twisted and turned as Wall Street returned from the long holiday weekend to race through the final four trading days of 2022. The S&P 500 dropped 0.2%, while the Dow Jones Industrial Average… Read More »Stocks Neutral as Trading Resumes After Christmas
Bitcoin on Wednesday increased by 1% to $17,132.4 and was valued at $328.9 billion on the market. There were around $27 billion worth of transactions. Binance intends to reenter the Japanese market after purchasing a 100% share in Sakura Exchange… Read More »Bitcoin Surges Over $17k, Stocks Rally
Tuesday saw a little decline in U.S. stocks as Wall Street continues to have a slow start to the week. Investors are still keeping an eye on China’s COVID policy and are anticipating Federal Reserve Chair Jerome Powell’s speech. However,… Read More »Markets Dip Mid-Week; AUD Up, Powell Speech Ahead
Ethereum (ETH) increased by 4.04 percent, and Bitcoin (BTC) by 1.5%. Shiba Inu climbed 3.94%, and Dogecoin (DOGE) by 5.39%. Treasury yields fall as meeting minutes indicate a slowing of tightening. On Wednesday, Ethereum increased by 7% to reach $1,163.91.… Read More »FTX Effect on Crypto Market, Bitcoin Needs $16.5K
According to ECB President Christine Lagarde, who singled out rates as the bank’s primary tool, the bank will maintain hiking interest rates to control inflation. Stock futures increased on Friday as investors continued to assess earnings reports and speakers from… Read More »Friday Market Outlook: ECB and Fed Hints Affect Market
Stocks fell on Tuesday as traders weighed better-than-expected economic statistics and braced for another Federal Reserve rate rise. The Dow Jones Industrial Average dropped 79.75 points, or 0.24%, to 32,653.20, while the S/P 500 dropped 0.41% to 3,856.10. The Nasdaq… Read More »JOLTs Report Sparks Market Reaction – Bond and Stock Dip
As the housing market has begun to deteriorate due to Federal Reserve interest hikes stocks got a boost in recent days from good earnings. Investors anticipate that the Federal Reserve may slow the pace of rate hikes. Mortgage Rates Hurting… Read More »Markets Wrap: Housing Slump, Tech Weigh on US Futures