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Gold, Silver Price Action Setups Ahead of FOMC Minutes, Jackson Hole
Gold, Silver Price Action Setups Ahead of FOMC Minutes, Jackson Hole
Aug 20, 2024
Gold, Silver Technical Analysis Gold surges to new all-time high on rate cut hopes, geopolitical uncertaintySilver maintains bullish advance to break above key trendlineThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Recommended by Richard Snow Get Your Free Gold Forecast Gold Surges to New...
UK Growth Continues to Show Signs of Recovery Despite Stagnant June Print
UK Growth Continues to Show Signs of Recovery Despite Stagnant June Print
Aug 15, 2024
UK GDP, GBP/USD Analysis UK GDP for Q2 expanded as expected but June reveals stagnant growthGrowth trends reveal optimism as the UK enters the rate cutting cycleSterling’s pullback reaches a point of reflection Recommended by Richard Snow Get Your Free GBP Forecast UK GDP for the Second Quarter as Expected – June Reveals Stagnant Growth The first look at economic...
US CPI Steadies Around Estimates – USD and Treasuries Rise
US CPI Steadies Around Estimates – USD and Treasuries Rise
Aug 15, 2024
US CPI Analysis US CPI prints mostly in line with estimates, yearly CPI better than expectedDisinflation advances slowly but shows little signs of upward pressureMarket pricing around future rate cuts eased slightly after the meeting Recommended by Richard Snow Get Your Free USD Forecast US CPI Prints Mostly in Line with Expectations, Yearly CPI Better than Anticipated US inflation remains...
US Dollar Remains Weak Ahead of Jackson Hole, USD/JPY and Gold Latest
US Dollar Remains Weak Ahead of Jackson Hole, USD/JPY and Gold Latest
Aug 19, 2024
US Dollar (DXY), USD/JPY, and Gold Latest US dollar weakens further ahead of key Fed chair speechUSD/JPY looks technically weakGold consolidating Friday’s record high.This year’s Jackson Hole Symposium – “Reassessing the Effectiveness and Transmission of Monetary Policy” – will be held on August 22-24 with Fed chair Jerome Powell’s keynote speech on Friday as the main attraction. Traders expect chair...
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Sector Update: Tech
Sector Update: Tech
May 30, 2025
01:11 PM EDT, 05/30/2025 (MT Newswires) -- Tech stocks were in the red Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) down 1.2% and the SPDR S&P Semiconductor ETF (XSD) slumping 4%. The Philadelphia Semiconductor index shed 3.1%. In corporate news, Dell Technologies ( DELL ) late Thursday reported stronger-than-expected fiscal Q1 revenue, while the computer maker's earnings...
Sector Update: Energy
Sector Update: Energy
May 30, 2025
01:19 PM EDT, 05/30/2025 (MT Newswires) -- Energy stocks were lower Friday afternoon, with the NYSE Energy Sector Index down 1% and the Energy Select Sector SPDR Fund (XLE) falling 1.3%. The Philadelphia Oil Service Sector index slumped 2.2%, while the Dow Jones US Utilities index rose 0.3%. Front-month West Texas Intermediate crude oil declined 0.8% to $60.43 a barrel,...
Exchange-Traded Funds, US Equities Decline After Midday Friday
Exchange-Traded Funds, US Equities Decline After Midday Friday
May 30, 2025
01:08 PM EDT, 05/30/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV dropped. Actively traded Invesco QQQ Trust (QQQ) was down 1.4%. US equity indexes fell after President Donald Trump accused China of breaching a preliminary trade agreement, with his tirade coming a day after a federal appeals court agreed to stay a ruling that blocked...
US Equity Indexes Decline as Trump Lashes Out Against China
US Equity Indexes Decline as Trump Lashes Out Against China
May 30, 2025
12:48 PM EDT, 05/30/2025 (MT Newswires) -- US equity indexes fell after President Donald Trump accused China of breaching a preliminary trade agreement, with his tirade coming a day after a federal appeals court agreed to stay a ruling that blocked the bulk of import tariffs. The Nasdaq Composite declined 1.6% to 18,870.8, the S&P 500 retreated 1% to 5,851.1,...
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Andrew Tate Meme Coins Take Over Solana
Andrew Tate Meme Coins Take Over Solana
Jun 7, 2024
Its meme coin season, alright! There are no two ways around it: meme coins are undoubtedly the main narrative on Solana, and it seems its just a matter of time before another celebrity jumps on board. After Iggy Azalea, its now Andrew Tate who has put the Solana community on its toes. Tate-inspired meme coins are now the top trending...
Semler Scientific’s Bitcoin Bet: 828 BTC and Counting, $150M Raise for More
Semler Scientific’s Bitcoin Bet: 828 BTC and Counting, $150M Raise for More
Jun 7, 2024
California-based med-tech company Semler Scientific has announced purchasing an additional 247 BTC for an aggregate of $17 million in cash, inclusive of fees and expenses. As of June 6, 2024, Semler holds a total of 828 bitcoins, which were acquired for an aggregate of $57 million, inclusive of fees and expenses. Preps $150M Bitcoin Warchest In a new filing, the...
GameStop Should Buy Bitcoin Says Scaramucci, RoaringKitty Streams For the First Time in years
GameStop Should Buy Bitcoin Says Scaramucci, RoaringKitty Streams For the First Time in years
Jun 7, 2024
GameStop and its stock price have been the talking point of many crypto-centric and traditional finance communities throughout the past few days not without reason. GMEs price went on a massive rollercoaster this week, soaring by 130% and plummeting by 55% shortly after. Many financial experts have chipped in with opinions, one of whom is the prominent BTC permabull Anthony...
Bitcoin Suddenly Plummets Below $70K as Total Liquidations Near $200M
Bitcoin Suddenly Plummets Below $70K as Total Liquidations Near $200M
Jun 7, 2024
The cryptocurrency market has taken a u-turn in the past hour, with the majority of coins dropping considerably. Bitcoins price now trades below $70K, while the market sees close to $200 million worth of liquidated positions. BTC took a sudden hit as its price plummeted below $70K following what many considered a renewal of the bull run. Source: Binance via...
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