Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
1733 ET - The yield on the U.S. 10-year bond has moved to a fresh post-2007 high of 5.301%. The market price action suggests investors are trading with more of a "sell rallies" than "buy dips" mindset, says ANZ in a note to clients. Caution remains warranted as the bond rout continues and New Zealan…
1240 ET - Higher mortgage rates are reshaping the fall housing market, Realtor.com says, pushing more sellers to reduce prices while fewer buyers move forward with a purchase. The share of active listings with a price reduction rose to 20.8% in September, up 0.9 percentage points from a year earlier…
1250 ET - The former head of fixed-income powerhouse Pimco says the first thing he looks at in the morning is diesel. Mohamed El-Erian made the comments on CNBC as the price of diesel, the lifeblood of so many economic sectors, hits records daily. El-Erian, now chief economic adviser at Allianz, say…
Bitcoin falls sharply on the release of U.S. inflation data. The producer-price index rose by 0.4% in August, in line with economists' forecasts. Bitcoin falls 1.8% to $76,866.11. Ether also falls sharply, dropping 2.1% to $2,415.76. Markets increased their bets on a Federal Reserve rate hike next w…
Bitcoin (BTC) recovered on Monday after slipping below $63,000 over the weekend, with retail traders now looking to the Federal Reserve’s monetary policy meeting in September as the next catalyst. According to Goldman Sachs (GS), a hike is “very unlikely.”According to a Bloomberg report, Chief Econo…
0939 ET - Bitcoin rises slightly as markets trim U.S. interest-rate rise expectations but the cryptocurrency continues to trade in a tight range. Bitcoin has spent the past six weeks stuck between the technical support level around $62,000 and resistance at $66,000, Trade Nation's David Morrison say…
Bitcoin (BTC) is starting the new week at around $63,000, but bear-market history continues to repeat with weekly close below a key long-term trend line.Key points:Bitcoin has been trading in a range between $57,700 and $67,300, but last week’s close came with a drop below the key 200-week moving av…
A new survey shows Americans now trust Democrats more than Republicans to manage the economy, ending nearly a decade of Republican advantage.Trump’s Approval Ratings Continue to Dip Before MidtermsThe Reuters/Ipsos poll revealed that 37% of registered voters believe the Democratic Party has a better…