US CPI inflation data is set to take center stage this week, with its potential to shape investor sentiment and drive market volatility for Bitcoin and altcoins. Crypto Market Eyes US CPI Inflation The crypto market is bracing for the release of the US CPI inflation data on Wednesday, January 15. This key economic indicator […]
Wall Street commodity trading is poised to face its weakest performance since the pandemic, as the lucrative volatility that drove massive gains in recent years subsides. The combined net revenues of over 250 firms, including Goldman Sachs, Citigroup, and JPMorgan Chase, are projected to fall nearly 20% in 2024, reaching $10.6 billion, according to Coalition […]
Polymarket CEO Shayne Coplan’s residence was searched by federal law enforcement officials. The platform gained significant traction during the U.S. presidential election, serving as a marketplace where billions of dollars were wagered on the outcome. Polymarket traders largely predicted Donald Trump’s victory, which ultimately proved correct. The raid was later confirmed by a spokesperson for […]
Stock markets experienced declines, after a series of economic indicators highlighted the ongoing strength of the U.S. economy. While the Consumer Price Index (CPI) met expectations, the Producer Price Index (PPI) came in higher than anticipated year-over-year. Additionally, October’s retail sales report revealed a significant upward revision for the previous month’s data, showcasing consumer resilience […]
In recent days, Wall Street saw stock indices reaching record highs after Republican candidate and former president Donald Trump achieved a decisive victory over Vice President Kamala Harris in the U.S. election. The U.S. Federal Reserve’s recent quarter-point interest rate cut has also buoyed market sentiment, adding further momentum. Looking ahead, Wall Street investors are […]
Tesla’s share price jumped significantly following Trump’s election win, driven in part by the strong connection between Tesla CEO Elon Musk and the president-elect. However, it remains uncertain whether the new administration’s policies will actually benefit Tesla, America’s leading electric vehicle (EV) manufacturer. Amid slowing EV sales in the United States, Tesla’s gains may come […]
ICE cotton prices saw a notable recovery, driven by a softer US dollar and robust export sales. The US dollar index, which had reached a four-month high, eased slightly, providing support for cotton prices on the Intercontinental Exchange (ICE). Additionally, the USDA’s latest weekly sales report showed a solid increase in cotton export sales, further […]
Trump-related stocks soar as Bitcoin reaches new peak amid market optimism. On Wednesday, Wall Street’s primary indices reached record highs as Donald Trump reclaimed the U.S. presidency, marking a dramatic return to power four years after leaving office. Investors are anticipating favorable policies such as tax cuts, deregulation, and a president keen on influencing the […]
Trump has won the US presidency once again, securing key swing states and surpassing the required 270 electoral votes. Despite a campaign marked by two assassination attempts, he will become only the second Republican in two decades to secure a second term, while his opponent, Kamala Harris, concluded with 224 electoral votes. A vocal supporter […]
