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IMF Warns Ongoing War in Europe Will Have a ‘Severe Impact on the Global Economy’
7.3.2022
In a report published on Saturday, the International Monetary Fund (IMF) has warned that an ongoing war in Europe and associated sanctions will have a “severe impact on the global economy.” The IMF’s report says there is “extraordinary uncertainty” in the air,...
Global Commodities Skyrocket, Ounce of Gold Nears $2K, Musk Says ‘There’s a Need to Increase Oil and Gas Output’
6.3.2022
While the cryptocurrency prices dropped toward the end of the week, precious metals, energy stocks, and global commodities skyrocketed in value amid the ongoing war in Ukraine. The price of one ounce fine gold is nearing the $2K mark, benchmark coal prices have been surging, aluminum values broke...
Geopolitical Risk and Ukraine Worries Shake Equities, Cryptocurrencies — Gold Soars Higher
24.2.2022
On Wednesday, global markets have been volatile as Ukraine officials declared a state of emergency amid fears of a Russian invasion. Wall Street’s top indexes shuddered during the day’s trading sessions, and cryptocurrency markets slipped more than 4% during the 24 hour period. On...
St. Louis Fed President Says Central Bank’s ‘Credibility Is On the Line’ as US Inflation Surges
16.2.2022
Inflation continues to grip American wallets, according to a recent economic analysis from Moody’s Analytics, which shows inflation is likely costing the average U.S. household between $250 to $276 per month. Meanwhile, the U.S. Federal Reserve is expected to raise the benchmark interest...
US Inflation Jumps to 7.5%, CPI Climbs at Fastest Rate in 40 Years, Citizens See Little Wage Growth
10.2.2022
Inflation in the United States continues to rise as it climbed at its fastest rate in 40 years since February 1982. Statistics from the U.S. Labor Department’s Consumer Price Index (CPI) jumped 7.5% higher than it was a year ago. US Inflation Continues to Surge On Thursday, the U.S. Labor...
Precious Metals, Cryptocurrencies, Stock Markets Falter Following Powell’s Rate Hike Statements
27.1.2022
Equities, crypto markets, and precious metals did well during the early morning trading sessions on Wednesday, just before the U.S. central bank wrapped up its Federal Open Market Committee (FOMC) meeting. While the Fed said in a statement that the benchmark interest rate would rise soon,...
Fearing a Hawkish Fed: Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows
25.1.2022
Global markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make a decision on Wednesday concerning changing the current monetary easing policy and raising the benchmark interest rate. Economists and market analysts fear...
Global Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement
16.12.2021
Global markets have defied predictions as the U.S. Federal Reserve and several central banks worldwide are prepping to slow down monetary easing policy. On Wednesday, the U.S. central bank’s Federal Open Market Committee (FOMC) said it plans to taper quantitative easing (large monthly asset...
Dow Jones and S & P Predicted to Rise in the Coming Days
21.10.2021
According to IG Client Sentiment (IGCS), most retail investors feel more inclined to sell off the most major and prominent stock benchmark indices of Wall Street. The two major stock benchmark indices included are Dow Jones and S & P 500. The IGCS is termed an indicator that is contrarian...
Bitcoin bull outlines 7 steps to more fiscal stimulus and higher BTC prices
20.7.2021
Bitcoin's drop below $30,000 has sparked worries that it is heading to $20,000 next. But is such a massive drop feasible against the current macro fundamentals?
As the Stock Market Dives Report Shows ‘US Households Now Have Record High Exposure to Stocks’
19.7.2021
While inflation has kicked up in the U.S., following the massive stimulus issued by the Federal Reserve, investor and financial writer Lyn Alden Schwartzer published a report that shows “U.S. households now have record high exposure to stocks.” The news comes at a time when many...
S&P Dow Jones Launches 5 New Cryptocurrency Indices
13.7.2021
S&P Dow Jones Indices, the world’s leading index provider, announced Tuesday the launch of five new cryptocurrency indices. The company now has eight cryptocurrency indices in total. The first newly added index is the “S&P Cryptocurrency Broad Digital Market (BDM)...
S&P Dow Jones Indices launches new cryptocurrency indexes
13.7.2021
The S&P Cryptocurrency Broad Digital Market Index is being launched alongside four other benchmarks that track cryptocurrencies based on market capitalization
Bitcoin may lose $30K price level if stocks tank, analysts warn
19.6.2021
Downside risks for BTC price are also heightened due to the recent dollar bounce
Bitcoin Breaks USD 41,000 While Paul Tudor Jones Doubles Down On It
14.6.2021
Paul Tudor Jones. Source: a video screenshot, Youtube, Goldman Sachs
After three weeks of being stuck below the USD 40,000 level, bitcoin (BTC) finally broke it and went even higher. Meanwhile, famous hedge fund manager Paul Tudor Jones says he certainly wants 5% of his portfolio in BTC.
BTC...
S&P Launches Bitcoin, Ethereum, and ‘Crypto Mega Cap’ Indices
4.5.2021
S&P Global, the parent company of S&P Dow Jones Indices, has launched three cryptocurrency indices. One tracks the performance of bitcoin, another tracks the performance of ethereum, and the third measures the performance of both bitcoin and ether. 3 Crypto Indices Launched by S&P...
S&P Global: Cryptocurrencies Have Become Mainstream and Are Here to Stay, Bitcoin Reminiscent of Gold Rush
27.1.2021
S&P Global says cryptocurrencies have become mainstream and appear to be here to stay, as more companies are offering crypto services and adoption is growing worldwide. Meanwhile, an S&P analyst believes that bitcoin’s rise is reminiscent of the U.S. gold rush. S&P Global Says...
Cryptocurrency Indexes Are Set to Launch in 2021 by S&P Dow Jones Indices
3.12.2020
S&P Dow Jones Indices has made it official: they will launch cryptocurrency indexes in 2021, becoming the latest major finance company to make its inception into the digital asset industry. More than 550 of the top traded coins to be included in the indexes As Reuters reported initially...
Bitcoin arrives on Wall Street: S&P Dow Jones launching crypto indexes in 2021
3.12.2020
In the latest big move to incorporate crypto by traditional finance, 550 coins will appear in the new indexes from next year
S&P Dow Jones Indices to Launch Crypto Indexes in 2021
3.12.2020
Financial data provider S&P Dow Jones Indices is launching a crypto asset index in 2021