The S&P 500 has continued its upward trajectory, surging by 3.11% in July, while the cumulative gains over the past 3 months stand at 10.06%.
Obviously, the Fed’s indication that it might pivot has...
The first half of 2023 was quite eventful for the global financial markets and the crypto industry. Macro factors, particularly inflation, continued to play a major role, and while the US Federal...
Surprise, surprise! The US Federal Reserve raised the interest rate benchmark by 25 basis points, resulting in a new target range of between 5.25% and 5.5%. Markets had already anticipated the move...
Bitcoin is still hovering above $30,000, and although it experienced a slight pump on the CPI release update, the momentum was short-lived.
But what's more interesting is a recent price projection by...
Global markets are still facing headwinds, with the latest Fed minutes revealing that the decision to pause the 10-month consecutive rate hike was vigorously debated.
Following the hawkish sentiment...
Global markets have remained relatively calm over the past week even as Fed Chair Jerome Powell reiterated a hawkish stance, signaling a possibility of additional rate hikes.
However, as we conclude...
Global markets, led by US equities, experienced a slight decline this week, wiping out the gains from the previous week.
This drop came after Federal Reserve Chair Jerome Powell's recent semi-annual...
The debate around Central Bank Digital Currencies (CBDCs) has been gaining momentum following the adoption of decentralized digital assets, such as Bitcoin, in recent years. According to the latest...
Global markets experience a calmer outlook as inflation continues to decrease. The latest US CPI figures came in at 4% year-on-year, recording the lowest reading since March 2021.
For the first time...
US stocks rallied last week after the Senate passed a bipartisan deal to extend the $31.4 trillion debt ceiling.
At the same time, the US Bureau of Labor and Statistics job report for May came in...