Market Overview - Page 481

Crypto markets have spent most of the weekend in consolidation as Bitcoin takes a breather. Eyes are starting to turn to Litecoin once again as the halving clock ticks down with less than a month to go. The clock is.

The bitcoin price is once again trading above the $12,000 level, and the current market cycle could take the price to a new all-time high. Morgan Creek Capital Management CEO Mark Yusko was featured on CNBC, where he emphasized that.

U.S. equities fell as investors took a cautious approach to a week full of central bank activity. Treasuries edged lower and gold retreated. The S&P 500 slipped for a second day after Friday’s blow-out jobs report altered market calculus for.

Market overview FX: USD craved upward, but the pace of growth slowed down recently. Market volatility has generally decreased in anticipation of new signals from the Fed. Stocks: Indices are losing ground on the reassessment of the Fed policy expectations.

Lower-than-expected tax revenues now mean there is a “significant risk” that the federal government will run out of borrowing authority in the early part of September, according to a new analysis by the Bipartisan Policy Center, a Washington think-tank and.

The bitcoin price is at risk of a swift and painful reversal after its parabolic move to $13,868. That’s according to veteran trader Peter Brandt. Brandt says the worst-case scenario is an 80 percent retracement from the 2019 high, implying.

Gold prices can continue to climb even after they hit a multi-year high last week, a global investment strategist said Monday. In fact, prices are set to “reach $2,000 by the end of the year,” predicted David Roche, president and.

Market focus A strong Nonfarm Payrolls caused pressure on the stock markets, reducing the chances of the interest rates lowering by the Fed in the upcoming months. The increase in employment by 224K has surprised investors due to strong warning.

Market overview FX: USD gained more than 0.5% after a strong NFP. Purchases are supported by a decrease in the chances of an aggressive Fed rate cut. TRY loses 2.5% this morning after an unexpected change of Central Bank Governor..

Since June 26, within the past three weeks, the bitcoin price has declined from $13,868 to around $11,200 by 20 percent against the U.S. dollar. After recording a 250 percent increase in value year-to-date at its yearly peak, a pullback.

Payroll growth rebounded sharply in June as the U.S. economy added 224,000 jobs, the best gain since January and running contrary to worries that both the employment picture and overall growth picture were beginning to weaken. The unemployment rate edged.

Nonfarm Payrolls came out to be unexpectedly strong. In June, there were created 224K new jobs, against the expected 160K, eliminating fears of a sharp economy cooling. Strong data have triggered the immediate dollar purchases, strengthening it at 0.3% in.