Latest Market News
Michael Miebach, CEO of Mastercard, told an audience of blockchain executives that he expects SWIFT to phase out of existence in as little as five years’ time. 3778 Total views 167 Total shares Mastercard CEO Michael Miebach said on Tuesday that he does not expect SWIFT, one of the most widely used platforms for cross-border […]
Fed-funds futures traders are pulling back on their outlook for continued rate hikes as revised data released on Thursday shows the U.S. economy contracted by a deeper-than-expected 1.5% annual pace. After the data release Thursday morning, traders placed a 60% chance on the fed-funds rate target getting between 2.5% and 2.75% by December, up from […]
MEXC Global has pledged to carry out a month-long buyback-and-burn to reduce the circulating supply of the old Terra markets. 4003 Total views 12 Total shares The fall of Terra shook the entire crypto market. However, the project has no plans to stay down, having secured backing from crypto exchanges to help it rebuild. In […]
All three major U.S. stock benchmarks were trading sharply higher Thursday morning, as investors digested labor-market data showing initial jobless claims fell last week. The Dow Jones Industrial Average DJIA, +1.19% was up 1.2%, while the S&P 500 SPX, +1.20% gained 1.1% and the Nasdaq Composite COMP, +1.28% climbed 1%, according to FactSet data, at […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is rebounding from Tenkan-Sen and Kijun-Sen. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.7005 and then resume moving upwards to reach 0.7290. Another signal in favour of a […]
EURUSD has been falling for the second trading session in a row; investors are focused on the news. The major currency pair is still correcting on Thursday. the current quote for the instrument is 1.0690. Yesterday, market players were totally focused on the FOMC Meeting Minutes. The document said that it would be necessary to […]