Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
1118 ET - Higher fuel prices are set to add renewed upward pressure to Dubai inflation in September, Emirates NBD Research says. UAE fuel prices rose for a second consecutive month, with Super 98 gasoline increasing 5.6% on month to AED3.80 a liter and diesel jumping 13%. The increases track higher …
Bitcoin is down 0.6% to $76,987, under pressure after Fed Chair Warsh's recent speech that pushed overall market sentiment toward a quarter-point rate hike later this month. Alternative store-of-value assets like gold and bitcoin have been hit by higher Treasury yields, which come at a time known to…
0927 ET - Amid the global bond markets rout, Treasury floating rate notes could be "the vehicle of choice to fill ultra-short/short duration allocations" for fixed-income investors, WisdomTree's Kevin Flanagan says in an email. In the latest monthly auction last week, two-year FRNs had a bid-to-cove…
1006 ET - The Treasury selloff may have less to do with the U.S. fiscal deficit than analysts suppose. Apollo's Torsten Slok says in a note that the New York Fed's measure of how much yield investors demand to hold 10-year government debt, or term premium, "has moved sideways over the past 12 months…
Bitcoin managed to go above $80,000 recently, but encountered friction from there. Bret Kenwell of eToro pegs the new bitcoin resistance level at $82,500, which would be the highest bitcoin has traded since May. But if bitcoin retreats, it shouldn't fall back to the sub-$60k level from earlier this …
Bitcoin falls in Asian trading. Fed Chair Kevin Warsh's hawkish speech at the Jackson Hole symposium on Friday boosted U.S. bond yields and the dollar, says IG market analyst Tony Sycamore in a note. Higher borrowing rates tend to weigh on risk appetite, dragging cryptocurrencies. Bitcoin falls 0.95…
By Megan LeonhardtCentral banks may hold the key to unlocking swifter, cheaper markets access.This year's theme of the Jackson Hole Economic Policy Symposium was "Financial Innovation: Implications for Payments and Policy" and the academic research presented reflected that idea. One of the more disc…
By Kit NortonInvestors can always find a silver lining-and a post-earnings selloff sometimes offers an opportunity.That could be the case with Iren, the emerging so-called neocloud which has shifted its focus from Bitcoin mining into the business of selling artificial-intelligence computing power.Ir…
Bitcoin hovers just below the key $80,000 level as markets hold their breath ahead of Fed Chair Warsh's speech at the Jackson Hole symposium. The cryptocurrency's recent rally has bulls hopeful, but analysts caution against calling victory just yet. Regulatory tailwinds and Treasury buybacks that pu…
By Alex RosenbergBitcoin is back-and what matters less than the news that got it there is the fact that there is news to begin with.The cryptocurrency has surged 25% in the past two weeks to rise as high as $81,000. And suddenly the sentiment around Bitcoin has shifted, because nothing changes senti…
By Andrew WelschWhen Schwab started allowing customers to hold and trade cryptocurrencies directly in May, it limited their options to the two largest assets by market capitalization: Bitcoin and Ethereum.But now the financial services giant says it will add other digital assets, including Solana, A…
By Paul R. La MonicaSmall-caps, crypto, and Cathie Wood. That trio caught the attention of top strategist Tom Essaye.Two are the themes of new exchange-traded funds. The other is a new ETF run by the savvy money manager Wood.Tom Essaye, editor of The Sevens Report newsletter, often takes a look at E…