Bitcoin, Ethereum Stable Amid Slowing Inflationby John Darbie 14.08.2024Bitcoin and Ethereum steady as U.S. inflation slows to 2.9%, raising hopes for a Federal Reserve rate cut in September.
Bitcoin Faces Potential Drop if Key Level Breaksby John Darbie 14.08.2024Analyst Jason Pizzino warns of a Bitcoin drop if it falls below $53,500, amidst global economic concerns.
Oil Prices Dip Amid Middle East Tension Easeby Mark Eisenberg 14.08.2024Oil prices fall as Middle East conflict fears ease, with Iran showing restraint. Dollar weakness fails to lift oil demand.
Mild Inflation Signals Fed Rate Cut Likely in Septemberby Mark Eisenberg 14.08.2024Easing inflation clears path for Federal Reserve to consider a rate cut in September, as unemployment edges up.
Crypto Markets Await Looser Fed Policy to Riseby John Darbie 14.08.2024Crypto analyst suggests Fed's looser policies essential for market growth. Bitcoin trends influenced by monetary policy shifts.
UBS Surpasses Profit Forecasts Amid Strong Investment Gainsby Mark Eisenberg 14.08.2024UBS posts outstanding profits, driven by investment banking and Credit Suisse integration, elevating share value by 3.6%.
Nvidia Stock Rises: Key Driver for 2024 Market Trendsby Mark Eisenberg 14.08.2024Nvidia shares surge 6% as Goldman Sachs identifies it as 2024's pivotal stock, hinting at potential market rallies and challenges.
OPEC Revises Oil Demand Forecast Amid China Concernsby Mark Eisenberg 14.08.2024OPEC cuts 2024 oil demand growth forecast, citing China's sluggish demand and dilemmas for production hikes.
FTX to Pay $12.7B in Customer Relief, CFTC Saysby John Darbie 14.08.2024Bankrupt exchange FTX ordered to repay $12.7B to customers, ensuring full recovery before CFTC collects its dues.
Nvidia Stocks Surge Amid Blackwell AI Updatesby Lilu Anderson 14.08.2024Nvidia shares rise as Blackwell AI delays are less severe than feared. Analysts predict strong demand will continue.