Traders kicked off the week by rebuilding expectations for a December Federal Reserve rate cut, helping stabilize sentiment after last week’s turbulence. Renewed optimism came…
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Bitcoin open interest shows a significant decline in line with the price contraction over the past month, a development that analysts say could be an early indication that the market is forming a bottom before starting a new upward trend. Data from CryptoQuant shows Bitcoin open interest recording the sharpest drop in 30 days, around 1.3 million BTC, with the current value […]
China's Foreign Minister, Wang Yi, described the actions of the Japanese leader openly sending signals regarding Taiwan as shocking and dangerous, and considered it a crossing of a red line that Beijing cannot tolerate. The statement is the latest episode in a series of tensions that have shaken China-Japan relations for more than two weeks. According to the official statement from the Ministry […]
The President of the United States (US), Donald Trump, announced that the full benefits of the tariffs imposed on other countries have not yet been fully realized. Trump also stated that although the US has gained hundreds of billions of dollars from the tariffs, the real benefits have not yet been achieved. Many buyers of goods and products have purchased inventory beyond their needs to avoid […]
Bitcoin has recovered above $86,000 after a significant drop last week that brought the price to its lowest level in several weeks. A moderate recovery within 24 hours, along with an approximate 1% increase in the overall crypto market, indicates a slight shift in sentiment following recent massive sell-offs and widespread liquidity. Other major altcoins such as Ethereum, Ripple, Solana, and Dogecoin […]
Market sentiment turned defensive on Thursday as traders reassessed the likelihood of a December rate cut following a fresh round of cautious commentary from Federal…
The United States economy added 119,000 jobs in September, far exceeding the forecast of 50,000 jobs. This figure is based on the first jobs report since the 44-day government shutdown. The August figure was revised down to a loss of 4,000 jobs, while July was also revised lower. The unemployment rate rose to 4.4%, the highest level in three years, indicating continued weakness in the market […]
The Fed minutes for October show Fed officials divided on the need for additional interest rate cuts. The differing views focus on two main risks: a slowing labor market and inflation that remains stubbornly above the 2% target. Although the Fed approved another quarter-point cut at the October meeting, the policy direction heading into December […]
The dollar is extending its strength after logging its biggest single day gain since late September, supported by shifting expectations around the Federal Reserve’s near-term…
Investor focus is firmly locked on the delayed September US employment report, due Thursday a release that will likely reset expectations for the Federal Reserve’s next…