NFTs are unique digital assets based on blockchain technology, representing a growing opportunity for traders and investors seeking diversification in their portfolios. Each NFT has a digital certificate of authenticity and metadata that records its value and movement. As the popularity and demand for NFTs continue to rise, particularly in areas like digital art, online […]
Bitcoin Price Today: Around $60,000 Before the Rate Cut
Bitcoin prices rose Wednesday on expectations of an interest rate cut by the Federal Reserve, while data indicating an improvement in capital flows into spot exchange-traded funds also contributed to sentiment. Cryptocurrency prices across the board also rose as markets positioned in anticipation of lower U.S. interest rates, which are expected to benefit assets that […]
U.S. Stocks Rise Ahead of Fed Meeting
U.S. stocks futures are up ahead of the Federal Reserve’s long-awaited interest rate decision, which will be released later today. The debate is focused on whether the Fed will choose to cut interest rates by 25 basis points or 50 basis points. In addition, the independent directors of the board of the genetic testing group […]
DBS, Singapore’s Top Bank, to Offer Bitcoin and Ethereum Options
One of the largest banks in all of Southeast Asia is offering its high-profile clients exposure to Bitcoin through options and debt instruments. One of Singapore’s largest banks is the latest traditional financial institution to lean into cryptocurrencies. DBS Bank, the largest bank in Singapore and one of the largest in Southeast Asia, is preparing […]
Dollar Continues to Fall Ahead of Fed Meeting
The U.S. dollar declined on Tuesday and was trading near its lowest levels of the year amid growing expectations that the Federal Reserve will cut interest rates this week, likely by a significant margin. Fed Meeting Begins The Federal Reserve begins its latest policy-setting meeting later in the session amid growing expectations that the Fed […]
U.S. Stock Markets Rise as Fed Meeting Begins
Stocks rallied in the U.S. on Tuesday amid increased optimism that the Federal Reserve will begin its rate-cutting cycle later this week with a sizable reduction. Caution around the Fed caused Wall Street to suffer a flat session on Monday, although some flows into economically sensitive sectors caused the Dow Jones to hit an all-time […]
Outlook for the Week of September 16-20
Key points to watch out for: Let the Fed’s Rate Cuts Begin Since the July U.S. jobs report sparked fears of a possible economic recession, investors have been trying to determine the magnitude of the Fed’s potential rate cut at its September meeting. Now, the long-awaited moment has finally arrived. On Wednesday, September 18, the […]
Market Highlights for the Week: Fed, Retailers, Earnings
This week will be critical for the markets, with the Federal Reserve’s interest rate decision, key data on retail sales and real estate, and earnings reports from companies such as FedEx and Lennar. The Bank of Japan will also unveil its monetary policy, adding an international component to the economic decisions that investors will be watching closely. Fed Interest Rate Decision […]
U.S. Stock Unchanged With Fed Meeting in Focus, Rate Cut Anticipated
U.S. stock index futures were little changed on Monday, as investors remained cautious ahead of this week’s Federal Reserve meeting, where there is a high likelihood that the Fed will begin a rate-cutting cycle. Similarly, markets have been cautious after learning of a second assassination attempt against Republican presidential candidate Donald Trump; fortunately, the former […]
Dollar Slips Before Fed Meeting, Euro and Pound Advance
The U.S. dollar fell on Monday, while both the euro and the pound rose on expectations that the Federal Reserve will begin a cycle of rate cuts later this week. Is a Big Fed Rate Cut Coming? The U.S. Federal Reserve completes its latest policy meeting on Wednesday and is expected to begin cutting interest […]