U.S. wholesale inventories gain revised lower in June

- U.S. wholesale inventories increased less than initially thought in June as businesses slowed the replenishment of their stocks as they continue to draw down on excess inventories amid softening...

Wall St climbs as signs of cooling inflation ease rate hike bets

By Bansari Mayur Kamdar and Sruthi Shankar - Wall Street's main indexes rose more than 1% on Wednesday after data showing a slower-than-expected rise in inflation in July prompted traders to cut...

BoE and US Fed Release Their Historical Data, Supporting the GBP/USD Pair

GBP/USD trading pair caught a lot of attention with the Bank of England and the US Federal Reserve doing their best to support it after a losing but eventful week. Forex brokers keep their eyes on...

Just how strong is the U.S. consumer? Here's what Wall Street has to say

The U.S. Federal Reserve has hiked interest rates by 225 basis points so far this year. One indicator that's likely to feature prominently in the Fed's thinking is the strength of the consumer....

Demand for FX derivatives jumps as central banks prep rate rises- CME Group

LONDON - Demand for currency derivatives has shot up this year, data from CME Group (NASDAQ:CME) showed on Wednesday, in a sign investors are positioning for hefty interest rate hikes from the...

Why Are Crypto Investors Rotating From Bitcoin To Altcoins?

The crypto market is pulling back into support and could face potential headwinds in the short term. In the crypto top 10, Bitcoin has been outperformed by the altcoins sector with Ethereum and...

Nasdaq slides 1% as chipmaker Micron's warning rekindles tech rout

The tech-heavy Nasdaq fell on Tuesday after a dismal forecast from Micron Technology dragged chip and technology stocks lower, while markets remained on the edge ahead of inflation data that will...

Chipmakers drag Wall St lower after Micron's warning

Wall Street's main indexes slipped at the open on Tuesday as a dismal forecast from Micron Technology dragged chip stocks lower, while investors remained cautious ahead of inflation data that will...

Wall St set to open lower after chipmaker Micron's dour warning

Wall Street was set to open lower on Tuesday after a dismal forecast from Micron Technology dragged chip stocks lower, while investors remained cautious ahead of inflation data that will feed into...

Nasdaq slides as chipmaker Micron's warning sparks tech rout

The tech-heavy Nasdaq fell on Tuesday after a dismal forecast from Micron Technology dragged chip and technology stocks lower, while investors remained cautious ahead of inflation data that will...

S&P 500, Nasdaq futures slip after chipmaker Micron's warning

- Nasdaq and S&P futures fell on Tuesday after a dismal forecast from Micron Technology dragged chip stocks lower, while investors remained cautious ahead of inflation data that will feed into the...

Bitcoin Unlikely to Reclaim $30K Mark Soon, Says Mike Novogratz

Crypto fanatic, writer and researcher. Thinks that Blockchain is second to a digital camera on the list of greatest inventions. The billionaire investor also does not expect any mega bull runs in...

S&P 500, Nasdaq futures slip after chipmaker Micron's warning

Nasdaq and S&P futures fell on Tuesday after a dismal forecast from Micron Technology dragged chip stocks lower, while investors remained cautious ahead of inflation data that will feed into the...

Dow Futures Tick Higher, Novavax Sheds 33.6% After Earnings

By Oliver Gray Investing.com - U.S. stock futures were slightly higher during Monday’s evening deals, after major benchmark averages finished mixed during regular trading as market participants...

Why Bitcoin At $100K Is Just A “Matter Of Time”, Says Bloomberg Intelligence

Bitcoin follows what Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone, calls an “enduring trajectory”. The benchmark crypto is one of the best-performing assets in history, as...

Top 5 cryptocurrencies to watch this week: BTC, FLOW, THETA, QNT, MKR

The United States jobs data on Aug. 5 was above market expectations, indicating that inflation has not cooled down. The strong numbers reduce the possibility that the U.S. Federal Reserve will...

Binance sides with Indian regulators in WazirX fallout to cease support for off-chain transfers

As reported by local news outlet The Economic Times on Monday, Binance is scheduled to remove off-chain fund transfers with Indian cryptocurrency exchange WazirX on Thursday, although users will...

Binance CEO Changpeng Zhao Gets Into A Verbal Spat With WazirX Founders On Twitter

After the Indian Federal Enforcement Directorate launched an investigation into WazirX for laundering $350m and froze the Binance-acquired Indian crypto startup’s assets, Binance CEO Changpeng...

Dollar falls, pulling back on gains from Friday's jobs data

LONDON - The dollar fell on Monday, losing some of the gains it had made from Friday's U.S. jobs data, as currency markets pulled back on their initial reaction. Higher-than-expected U.S....

Top 5 cryptocurrencies to watch this week: BTC, FLOW, THETA, QNT, MKR

The United States jobs data on Aug. 5 was above market expectations, indicating that inflation has not cooled down. The strong numbers reduce the possibility that the U.S. Federal Reserve will...

China's export growth gains steam despite weakening global demand

BEIJING - China's export growth unexpectedly picked up speed in July, offering an encouraging boost to the economy as its struggles to recover from a sharp, COVID-induced slump, though imports...

UK's Liz Truss ready to speed up tax cut plan, newspaper says

LONDON - Liz Truss, the front-runner to become Britain's next prime minister, plans to rush through tax cuts earlier than planned in an attempt to boost the country's flagging economy, the Sunday...

Price analysis 8/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

The United States Labor market added 528,000 jobs in July, much better than the 258,000 estimate. Wages saw growth of 5.2% year-over-year and 0.5% over the month. This suggests that inflation...

Berkshire CEO-designate Abel sells stake in energy company he led for $870 million

By Jonathan Stempel - Berkshire Hathaway (NYSE:BRKa) Inc said on Saturday that Vice Chairman Greg Abel, who is next in line to succeed billionaire Warren Buffett as chief executive, sold his 1%...

Futures Movers: Oil bounces, but on track for sharp weekly loss as demand worries overtake supply concerns

U.S. jobs report failed to fully dispel fears of a global economic slowdown. West Texas Intermediate crude for September delivery CL.1, CLU22,CLU22 rose 47 cents, or 0.5%, to close at $89.01 a...

Hedge funds post July gain on stock market rally, still down for year

NEW YORK - Hedge funds posted a 1.65% gain in July, driven by a stock market rally which helped reduce their losses for the year to date, data provider HFR said on Friday. "Led by high beta...

Price analysis 8/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

The United States Labor market added 528,000 jobs in July, much better than the 258,000 estimate. Wages saw growth of 5.2% year-over-year and 0.5% over the month. This suggests that inflation...

Unusually large U.S. jobs number stokes case for 'unusually large' rate hike

- The U.S. Federal Reserve faces renewed pressure to deliver another 75 basis point interest rate hike at its upcoming meeting in September as fresh data showed job gains unexpectedly accelerating...

Unusually large U.S. jobs number stokes case for 'unusually large' rate hike

The U.S. Federal Reserve faces renewed pressure to deliver another 75 basis point interest rate hike at its upcoming meeting in September as fresh data showed job gains unexpectedly accelerating...

European shares fall as energy stocks weigh; focus on U.S. jobs data

By Bansari Mayur Kamdar -European shares edged lower on Friday as crude prices continued to weigh on energy stocks, with all eyes on U.S. jobs data expected later in the day. The pan-European...

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