💵 💴 💶Wall Street Closes Positive After Brief Decline Following Powell’s Remarks💵 💴 💶 Today, the stock market showed a mostly stagnant performance throughout the day. However, a late push for gains helped finish the third quarter on a positive note. Losses remained limited during the session. The lowest levels occurred around 2:30 PM, following […]
💵 💴 💶Robinhood plans to issue a stablecoin.💵 💴 💶 The S&P 500 hit a new record today, driven by Micron’s (+14.7%) better-than-expected earnings report, signals of stimulus from China, and positive unemployment data. The semiconductor stocks led this surge. It was a profitable day not only for the S&P 500 but for other indices […]
💵 💴 💶Bullish Signals for Bitcoin: Impact of U.S. Yield Curve and Interest Rates💵 💴 💶 Geoff Kendrick, Head of Digital Assets Research at Standard Chartered, emphasized that current economic conditions present a strong breakout opportunity for Bitcoin prices. Notably, the U.S. Treasury yield curve and new positions in derivative markets support these optimistic expectations. […]
💵 💴 💶New Highs Again💵 💴 💶 U.S. stock markets continued their rise on Tuesday, with both the S&P 500 and the Dow Jones Industrial Average closing at new highs for the second consecutive day. Europe’s regional Stoxx 600 index rose by 0.65%. Stocks tied to China’s market and consumer sectors were among the top […]
💵 💴 💶ICE Brent Continues to Recover💵 💴 💶 After dropping below $70 per barrel earlier this month, ICE Brent has recovered this morning, rising above $75 per barrel. Increasing tensions in the Middle East are bringing back a risk premium to the oil market, although demand concerns persist. Meanwhile, signs of improvement from China […]
💵 💴 💶The TCMB Held Interest Rates Steady But Softened Tightening Stance💵 💴 💶 The Central Bank of the Republic of Turkey (TCMB) concluded that the monthly inflation trend in August did not improve in line with the year-end target (1.5% seasonally adjusted monthly). Additionally, the TCMB noted that core goods inflation remained low despite a slight increase; annual […]
💵 💴 💶The Fed Cuts Interest Rates by 50 Basis Points to Prevent Recession💵 💴 💶 The U.S. Federal Reserve is increasingly prioritizing weakness in the labor market and is more satisfied with the inflation outlook. We expect an additional 150 basis points of rate cuts by next summer, but there is a higher risk […]
💵 💴 💶Starting the Day…💵 💴 💶 Details of Donald Trump’s crypto project have been revealed: How will the token distribution be? Once again facing an assassination attempt over the weekend, Donald Trump gave a speech during a Space broadcast on X (formerly Twitter) late at night, where he both expressed his support for the […]
💵 💴 💶Record Targets for Gold Prices💵 💴 💶 Gold market bulls are aiming to reach a milestone of $3,000 per ounce, driven by central banks’ monetary expansion policies and the competition in the U.S. presidential elections. Spot gold reached an all-time high of $2,572.81 per ounce on Friday, marking its strongest annual performance since […]
💵 💴 💶The Fed’s Rate Cut Strategy and Possible Scenarios💵 💴 💶 Federal Reserve Chair Jerome llll faces a tough decision as the central bank prepares to cut interest rates next week: Should the Fed start with small steps or take a big one? The central bank is gearing up for its first rate cut […]
