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.
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
Briefs Strong corporate earnings reports helped prolong a surge to start the week as stocks increased for a second straight day on Tuesday. To conclude at 30,523.80, the Dow Jones Industrial Average increased by 337.98 points, or 1.12%. To 3,719.98,… Read More »UK CPI Up 8.8%, Dow, S&P, Nasdaq Extend Rally
Briefs After yet another hotter-than-expected inflation report solidified expectations for further bumper interest rate increases from the Federal Reserve, with uncertain effects for the economy, markets swung wildly on Thursday. In September, consumer prices for a wide range of goods… Read More »Markets Seesaw on High CPI, Earnings Season
This earnings season is likely to be marked by hiring freezes and layoff announcements, cost-saving initiatives, and generally unfavorable forecasts. Consumer health is deteriorating, and Wall Street will be interested in how bad banks evaluate this situation. E2open Parent Holdings,… Read More »Earnings Releases of TSMC & Other Fuel Investor Expectations
As we enter the final trading day of the week, recent market activity has dispelled any lingering speculative bias, and one of the most well-known economic indicators is set to release, which has the potential to increase volatility. It appeared… Read More »Dollar, Stocks, and Fed’s Inflation Warning – NFPs Ahead
