Latest Market News

Feb 10
Gold prices fall, awaiting US data

Gold prices fell in trading today, Thursday; Investors are cautiously awaiting US inflation data that may provide new clues about the pace of monetary tightening by the Federal Reserve. And gold prices ended their trading on the rise, yesterday, Wednesday; To continue rising for the fourth consecutive session, with the US dollar falling. Gold Prices […]

Feb 10
The Bar is too High for US CPI to Surprise on the Upside

The significance of today’s US inflation report can hardly beoverestimated. Over the past few years there were few inflation reports, which drewas much attention as the January report. The Fed acknowledged in December thatit was wrong with its inflation forecasts, removing the word “temporary” fromthe wording. Additionally then signaled in January that getting a grip […]

Feb 10
Market Spotlight: Profit Taking Ahead of Coca Cola Earnings Release

Coca Cola Earnings In FocusUS beverage icon Coca Cola is due to report Q4 2021 earnings today and the release is drawing plenty of attention. KO shares have been in a firm upward trend since the December lows, printing a near 20% rally. Over the last 24 hours we’ve seen heavy selling, however, as traders […]

Feb 10
FTSE 100 Wave Analysis – 10 February, 2022

• FTSE 100 broke key resistance level 7620.00 • Likely to rise to resistance level 7800.00 FTSE 100 index recently broke above the key resistance level 7620.00 (which has been reversing the price from the middle of January as can be seen from the daily FTSE 100 chart below). The breakout of the resistance level […]

Feb 10
Silver Wave Analysis – 10 February, 2022

• Silver reversed from support level 22.00 • Likely to rise to resistance level 24.55 Silver recently reversed up from the key support level 22.00 (which has been reversing the price from the end of 2020 as can be seen from the weekly Silver chart below). The upward reversal from the support level 22.00 continues […]

Feb 10
Exchange stablecoin reserve hits $27B as Bitcoin rises toward $50K ‘fair value’

More stablecoins find their way to exchanges than ever before — where will they be deployed next? 3087 Total views 83 Total shares Cryptocurrency exchanges now have more stablecoins on their books than ever before in a fresh sign investors are waiting to buy Bitcoin (BTC) and altcoins. Data from on-chain analytics platform CryptoQuant shows […]