El Salvador’s finance minister believes the ongoing price volatility of Bitcoin means the awaited “Bitcoin bond” won’t be launched anytime soon. Meanwhile the country faces a “human rights crisis.” El…
A sign of the times. The prior forecast was from January Risks of stagflation, Ukraine war and China lockdowns hitting growth Recession will be hard to avoid for many countries…
Shiba Inu price has bounced back as the meme coin partners with Travala, SHIB can be used to book flights, hotels, and supercars. 101.6 million Shiba Inu tokens were burned…
North American News Modest gains for the US indices NASDAQ up 0.4%. Dow up 0.05% The major US stock indices are ending the day with modest/small gains. The NASDAQ index…
Overview: China and Hong Kong re-opened after the Friday holiday and equities rallied strongly. Japan, Taiwan, and South Korea advanced as well. However, India and Australia equities fell. Europe’s Stoxx…
The voting will start in about an hour The horse-trading is well underway as Boris Johnson attempts to remain Prime Minister. It will take the votes of 180 Conservative MPs…
A possible signal of the market could be the capitulation of long-term investors. Bitcoin slowed late Tuesday afternoon, retreating from local highs near $32.3K to $31.5K. Ethereum has lost 2.5%…
North American News US major stock indices close lower on the day and lower on the week Major indices down 3 of a 4 trading days this week The major…
Gloominess persists after Robust Jobs report and Musk’s Super Bad Feeling, Oil’s strong week, Gold eases, Bitcoin below $30,000. Robust hiring in May pretty much guarantees the Fed will move…
Everyone latches on to the ADP forecast of the private sector jobs market as though it has meaning. It doesn’t, except as a finger in the wind and entertainment. This…
North American News Major indices erase the week’s declines. Now up on the week Strong gains with major indices closing at session highs The major US indices are closing near…
A stronger dollar and reduced risk traction in stock markets interrupted BTC’s flight. Bitcoin collapsed 5.6%, retreating again below the $30K mark. Ethereum lost 6.1%, while leading altcoins in the…
Goldman Sachs metals analyst Nick Snowden: “prices are gonna go absolutely ballistic to the upside.” Copper is set to finish this month lower but is still consolidating near the top…
North American News US major indices close lower for the 2nd consecutive day After run up last week, stocks are on pace for declines this week The major US stock…
The emerging rebound from the bottom may be self-sustaining or not Bitcoin jumped 7% on Monday, ending the day at around $31.2K. On Tuesday morning, positive momentum persisted, with the…
A property collapse is likely to be underway We have been warning for many months now of the ‘Second Great Property Bubble’ of this century in the USA. New Home…
North American News US stocks end an up and down session with losses on the day Dow industrial average snaps a 6 day win streak The major US indices had…
A formal break of consolidation would be considered a consolidation beyond the previous local extremes. Bitcoin ignored the positive dynamics of US stock indices, further reducing the amplitude of its…
North American News Dollar sluggish amid more positive risk mood Dollar softness continues to play out, equities up again to start the new week It’s a quiet trading day but…
A look at seasonal patterns for June 2022 May was another volatile month in global markets. It’s also a year where the typical seasonal patterns haven’t had a great run.…
