BTC’s Price Trades Sideways as Global Market Turmoil Continues
For the second week in a row, the price of Bitcoin (BTC) is trading sideways as two bearish caps are still hanging over its price action. In addition, BTC’s price movement has
Sterling Credit Has Worst Ever Month as UK Chaos Shakes Market
A meltdown in UK assets during Liz Truss’s first month as prime minister has left the sterling corporate bond market notching up its worst monthly return ever. A Bloomberg index
The Fed has the world in its hands — and its aggressive moves are creating global economic chaos that could come back and hurt the US
As the US dollar grows stronger, that comes at the expense other currencies around the world. And the dollar has been getting a whole lot stronger through the back half
Week Ahead – US Jobs report eyed
It remains all about the Fed as it continues down an aggressive tightening path. Wall Street will now fixated on how quick this economy is going to weaken. A weakening
Pound sinks as investors question huge tax cuts
The pound has fallen to a fresh 37-year low against the dollar as financial markets reacted to the biggest tax cutting moves in 50 years. UK stocks also dropped after
Is the Price Bottom in for BTC in This Crypto Bear Market?
Macroeconomic headwinds are currently in the driver’s seat as the U.S. Federal Reserve has announced an interest rate hike of 75 basis points this past week. However, the ultimate panic moment has
They Said It – Recent Monetary Policy Comments Made by ECB Governing Council Members
The following is a compendium of comments made by European Central Bank Governing Council members very directly related to monetary policy’s next steps. We strive to include forward-looking comments made
‘Read Putin More Often and Carefully,’ Lavrov Tells UN Reporters
Grilled by reporters at the United Nations General Assembly about what comes next in Russia’s invasion of Ukraine, Foreign Minister Sergei Lavrov had simple advice. “You should read Putin more
Look for Newest Fed Policy Doves to Show Feathers Over Long Term
Five new Federal Reserve policy makers are seen as having a slightly greater focus on employment than inflation, but don’t expect a swift impact from this dovish tilt, economists surveyed