Metals Higher As Markets Fall On War FearsThe metals complex is starting the week in quieter fashion following the big moves seen on Friday as gold prices broke out to their highest levels since November 2021. The move was primarily seen in response to the drop in equities prices as risk sentiment continues to weaken […]
CitiEuropean OpenRisk appetite did not receive any love in Monday’s Asian trading after getting tackled hard on Friday post the European close by negative geopolitical headlines. USD was flat in Asian trading after rallying into the NY close, while JPY and CHF were up a tad. Risk currencies AUD and NZD saw drops. Equities, which […]
Bitcoin (BTC) is attempting to form a higher low as investors take advantage of lower levels to accumulate. Twitter user PlanC recently highlighted that the balance of addresses having at least two significant incoming transactions but no outgoing transactions has soared to a 57-month high. However, not everyone is bullish on the future prospects of […]
Stocks fell Monday, but closed off session lows, as investors monitored the threat of a Russian invasion of Ukraine and continued to assess the path of future Federal Reserve rate hikes. The Dow Jones Industrial Average DJIA, -0.49% fell around 172 points, or 0.5%, to close near 34,566, according to preliminary figures, after falling more […]
Analysts express mixed views on BTC’s short-term prospects, but most agree that $42,000 is the level to watch. 1574 Total views 23 Total shares The waiting game continues for crypto traders after Bitcoin (BTC) is once again pinned below resistance at $43,000 and awaiting some spark in momentum that can sustain a rally back to […]
Donald Trump’s longtime accounting firm abruptly cut ties with his family business last week, the New York Times reported, amid criminal and civil investigations into whether the former president illegally inflated the value of his assets. Mazars USA said in a Feb. 9 letter to the Trump Organization that it could no longer stand behind […]