Bitcoin experienced another decline at the start of the week, driven by strong U.S. employment data showing 256,000 jobs added in December, exceeding expectations. This bolstered predictions that the Federal Reserve might take a more… Read More...
Bank of America adjusted its forecast regarding the Federal Reserve's monetary policy, indicating that the rate-cutting phase has come to an end. This shift followed the latest jobs report, which demonstrated strong performance in the labor… Read More...
The US dollar rose significantly on Thursday, benefiting from the increase in US Treasury yields. This strong performance placed major currencies, such as the Japanese yen, the British pound, and the euro, under significant pressure near… Read More...
Oil prices saw a significant rise on Wednesday, supported by supply restrictions from Russia and OPEC members. At the same time, recent data indicated an increase in job openings in the United States, reflecting economic recovery that could… Read More...
1- Fed Minutes and Officials' Speeches
The Federal Reserve is set to release the minutes of its December meeting on Wednesday, during which a 25-basis-point rate cut, the third consecutive one, was decided. Fed Chair Jerome Powell… Read More...
The Japanese yen saw a significant rise on Friday after dropping to its lowest level in five months against the U.S. dollar. This movement followed the release of the summary of the Bank of Japan's December monetary policy meeting, which… Read More...
Gold faced pressure in its attempt to record new gains, as it continues to trade below recent highs due to multiple factors. These include geopolitical risks, escalating tensions in the Middle East, and concerns over trade wars, which… Read More...
Bitcoin prices saw a significant decline during today's trading, following substantial losses last week. This drop reflects the prevailing caution and anticipation among investors amid economic pressures triggered by statements from the… Read More...
Goldman Sachs announced new updates to its economic forecasts, highlighting changes in central bank policies and global economic growth trends.
Goldman Sachs has reevaluated the Federal Reserve's approach to interest rates. While a rate… Read More...