Latest Market News

The US labor market is “strong”, inflation is “well above” the target level and balance sheet runoff could be combined with interest rate hikes – these are the three key takeaways from the Fed meeting. We can conclude from them that the Fed’s lead, in terms of intentions to tighten policy, has only increased compared […]

USD GDP Up NextOn the back of yesterday’s hawkish FOMC meeting, the focus is now on advance quarterly USD GDP data due to be released later today. The market is looking for a firm bounce from the prior quarter’s 2.3% reading to 5.3%. If confirmed, this should add further fuel to the current USD rally, […]

• Brent reversed from support level 85.35 • Likely to rise to resistance level 88.75 Brent recently reversed up from the key support level 85.35 (previous strong resistance level from October, actin as the support after it was broken at the start of this year). The upward reversal from the support level 85.35 started the […]

• EURCHF reversed from support level 1.031 • Likely to rise to resistance level 1.0450 EURCHF currency pair recently reversed up from the key support level 1.031 (previous low of wave (1) from the end of December), intersecting with the lower weekly Bollinger Band. The upward reversal from the support level 1.031 created the daily […]

In a series of Twitter posts published Thursday, decentralized finance (DeFi) investigator zachxbt seemingly unveiled the true identity of previously anonymous QuadrigaCX co-founder Michael Patryn, doxxing him to be that of @0xSifu, the founder of DeFi protocol Wonderland. 1/ This needs to be shared @0xSifu is the Co-founder of QuadrigaCX, Michael Patryn. If you are […]

The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies fell by 219 billion cubic feet for the week ended Jan. 21. IHS Markit had forecast a decline of 209 billion cubic feet. Total stocks now stand at 2.591 trillion cubic feet, down 308 billion cubic feet from a year ago and 25 […]