The week of June 16–20 could be pivotal for global markets as central banks take center stage. In the U.S., the Federal Reserve is expected to hold rates steady, but all eyes will be on Powell’s tone and the updated dot plot for clues on future cuts. In Europe, the Bank of England may strike […]
Charles Hoskinson Proposes Converting $100M in ADA to Bitcoin and Stablecoins to Boost Cardano DeFi
Charles Hoskinson, co-founder of Cardano, has proposed converting $100 million worth of ADA from the project’s treasury into a mix of stablecoins and Bitcoin to enhance liquidity and accelerate the growth of Cardano’s decentralized finance (DeFi) ecosystem. In a recent YouTube livestream, Hoskinson highlighted the network’s current imbalance between stablecoin supply and total value locked […]
Today’s Stocks to Watch: U.S. Steel, Roche, and Kering
Key Points To Watch Out For: Victoria’s Secret (VSCO): Activist Pressure Boosts Value Victoria’s Secret shares rose 2.5% in early trading after news that an activist investor had taken a meaningful stake in the company. The investor is reportedly pushing for changes to the board of directors and wants to redirect strategic focus back to […]
U.S. Stock Futures Rally Over Tensions Between Israel and Iran; Fed Meeting on the Horizon
U.S. stock index futures rose modestly on Monday, attempting to recover some of last week’s sharp losses as investors brace for the Federal Reserve’s interest rate decision later this week. At 05:25 ET (09:25 GMT), Dow Jones futures gained 145 points (0.4%), S&P 500 futures rose 27 points (0.5%), and Nasdaq 100 futures climbed 113 […]
Dollar Falls Before the Fed Meeting; the Euro Gains Momentum
The U.S. dollar edged lower on Monday as investors monitored developments in the Israel-Iran conflict and looked ahead to a packed week of central bank meetings, including the Federal Reserve’s highly anticipated decision. As of 04:15 ET (08:15 GMT), the U.S. Dollar Index—measuring the greenback against a basket of six major currencies—was down 0.2% at […]
Daily Technical Analysis EUR/USD: Moderates Near 1.1550 Amid Escalating Israel-Iran Tensions
EUR/USD extends its decline for a second straight session, trading around 1.1540 during Monday’s trading hours. The pair remains under pressure as the US Dollar strengthens on the back of safe-haven demand, fueled by escalating geopolitical tensions in the Middle East. On Friday, Israel launched attacks on Iranian nuclear facilities and missile sites. In response, […]
The Power of Supply & Demand: Unlocking Trading Opportunities
In the world of trading, mastering the concepts of supply and demand is not only an advantage, but a necessity. These two fundamental forces are responsible for price movements in financial markets and, if you know how to interpret them correctly, they can become powerful tools for making more accurate and profitable decisions. Throughout this […]
Solana ETFs Could See Approval in 3–5 Weeks as SEC Signals Openness to Staking
The U.S. Securities and Exchange Commission (SEC) has requested that Solana ETF issuers submit amended S-1 filings within the next week, signaling progress in the review process, Blockworks reported Tuesday, citing three sources familiar with the matter. One source indicated that the requested revisions could accelerate approval timelines, with the first Solana ETF potentially gaining […]
Today’s stocks to watch: Tesla, GameStop and Meta
Key Points To Watch Out For: Tesla (TSLA): rebound after Musk’s apology and robotaxi announcement Tesla shares rose 2.5% in premarket trading after Elon Musk said his recent criticism of President Trump was “over the line.” Musk also said Tesla expects to launch its long-awaited robotaxi service on June 22, which sparked renewed interest in […]
U.S stock futures fall prior to CPI release; trade news closely monitored
U.S. stock index futures edged lower early Wednesday as investors reacted cautiously to a proposed U.S.-China trade framework and awaited key inflation data. As of 05:40 ET (09:40 GMT), Dow Jones futures were down 50 points, or 0.1%, while S&P 500 futures slipped 7 points, or 0.1%, and Nasdaq 100 futures declined 35 points, or […]