Stock Markets Claim Gain While Awaiting Fed Policy Decisions, Oil Reacts to Ukraine Crisis

Market Trades On While waiting for a decision announcement after the Federal Reserve meeting on needed monetary policies, global stock markets have stepped up their gains while the US dollar hit a flat note all through. On the other hand, the global oil market surprisingly rose in the direction of a 7-year high as tensions … Read more

Asian Market and US Future Fall as Traders React Over Ukraine and Fed Policy

Mirror trading

Ripple Effects Wall Street had a bit of turmoil during Tuesday’s trading session as US Futures, and Asian stocks took a nosedive as investors expressed fears over the military crisis in Easter European as the standoff between Russia and Ukraine continues, and also expressing fears over the American Federal Reserve’s expected monetary policy and its … Read more

Corporate CEOs Play Dare With $1 Million Bitcoin Stake

CEO of Galaxy Digital Mike Novogratz has called out his fellow CEO, Peter Schiff of Euro Pacific Capital to back his bearish sentiments with a $1 million Bitcoin price stake. This development came in a Twitter spat between the two prominent men. Arguably the most infamous Bitcoin doom preacher, Peter Schiff aired his damning sentiments … Read more

2022 Bitcoin Price Pattern Revealed

Different price predictions are trailing the world’s leading cryptocurrency, Bitcoin, these days. At the time of putting this piece together, Bitcoin is currently trading at $35.855. Significantly below the $40,000 benchmark some analysts and market observers had set for it. A crypto enthusiast and trader (Twitter: @SmartContracter) who accurately predicted Bitcoin’s lowest dip during the … Read more

Stock Gives Concern as US Treasury Gains Yield Rebounds

Mixed feelings continued to trail the stock market today despite recent gains in the US stock futures. This is a result of impending US monetary policies, geopolitical tensions, and wrangling over stimulus packages.  Note that the mark US ten-year Treasury yield rose by 1.85% to gain 2.5 bps after it dwindled from a 2-year height … Read more

British Pound (GBP): A Dangerous Mixture of Heavyweight Data and Politics

With a slew of major economic reports and announcements expected to be released, cable traders will likely see a pick-up in activity after a sluggish beginning to the week with the United States commemorating Martin Luther King Day. On Tuesday, the recent jobs and income data (November) will be released. The December inflation figures will … Read more

Gold Price Maintain $1,800 as US Dollar Aims for Strong Yields

Recent Run Gold prices remained relatively high at the Asian session maintaining $1,800 in trade value. The metal had a slow start at the beginning of the week as it marked a Doji candlestick on Monday trade after downtime in the previous week. The upward trend indicates candlestick joins mixed feelings about the Federal Government’s … Read more

US Dollar Continues To Dip As Foreign Currencies Outperform USD Leveraged Indexes

The US dollar is now fielding a continual decline amid inflation concerns despite the increase in Treasury yield as foreign currencies begin to outperform the S&0 500 and Nasdaq-100 US Dollar leveraged indexes. The US dollar continues to dip as investors and traders are happily betting against the green paperback. The ironic decline scenario despite … Read more

FTC Sensitizes Americans About Crypto ATM Scams As Crypto Fraud Increases

The United States Federal Trade Commission has warned the general public of the presence of a new playbook that is now being invoked by scammers that range from impersonation to theft using crypto ATMs. The global growth of the crypto industry post-Covid-19 has made the industry a hotspot for nefarious individuals and bad players. The … Read more