Bitcoin Surges Post-Powell Speech, Says Bitfinexby John Darbie 27.08.2024Bitcoin gains 6.06% after Powell's speech; open interest drops by $13 billion, indicating reduced market leverage.
Fed Signals Possible Larger Rate Cut Amid Labor Concernsby Mark Eisenberg 27.08.2024Fed's Daly hints at bigger rate cut if labor market weakens. Job report on Sept. 6 crucial before FOMC meeting.
Safe-haven Currencies Rise Amid Mideast Tensionsby Mark Eisenberg 26.08.2024Japanese yen and US dollar gain as investors seek safety amid Middle East tensions, affecting global currency markets.
Dormant Ethereum Whale Awakens After 9 Yearsby John Darbie 26.08.2024A dormant Ethereum wallet, inactive for almost a decade, is revived holding over $5 million in ETH.
TSX Hits New High as Commodities Boost Marketby Mark Eisenberg 26.08.2024Canada's stock index reaches record as energy and mining stocks lead gains with U.S. rate cut optimism.
Jim Cramer Endorses Ally Financial Amid Market Shiftsby Mark Eisenberg 26.08.2024Ally Financial Inc (NYSE:ALLY) shines in Cramer's latest picks, poised to benefit from potential rate cuts and competitive deposit rates.
US Rate Cuts Loom as Soft-Landing Hopes Influence Stocksby Mark Eisenberg 26.08.2024Investors focus on economic data as interest rate cuts near, assessing the likelihood of a soft landing for U.S. stocks.
Dow Jones Dips as Fed Comments Awaitedby Mark Eisenberg 22.08.2024Tech stocks slide, Dow Jones lower as investors await Fed comments on interest rate changes at Jackson Hole.
Target Soars on Earnings Beat Amid Fed Anticipationby Mark Eisenberg 21.08.2024Target surpasses earnings estimates, raises profit guidance, as Wall Street eyes Fed minutes for rate cut clues.
S&P 500 and Nasdaq Extend Gains Ahead of Jackson Holeby Mark Eisenberg 19.08.2024Stocks rise as investors anticipate Fed Chair Powell's Jackson Hole speech, with recession concerns fading and market optimism growing.