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US Job Growth Remains Historically Strong, Exceeding Economists' Expectations
8.7.2022
U.S. employers added TK jobs in June
Goldman Sachs Sees Higher US Recession Risk Citing Concerns the Fed Will ‘Respond Forcefully’ to High Inflation
22.6.2022
Goldman Sachs’ economists now see an increased risk of a U.S. recession. “We are increasingly concerned that the Fed will feel compelled to respond forcefully to high headline inflation and consumer inflation expectations if energy prices rise further, even if activity slows...
US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994
15.6.2022
The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994. According to the Fed member’s expectations, the central bank will likely add another 1.5 percentage points by the year’s end. Fed Hikes Rate by...
US Inflation for May Hits 8.6%, Above Analysts’ Expectations
10.6.2022
US inflation hit 8.6% in May, up from 8.3% in April and above analysts’ expectations.
"While almost all major components increased over the month, the largest contributors were the indexes for shelter, airline fares, used cars and trucks, and new vehicles,” the announcement from the US Bureau...
U.S. May Job Growth Tops Expectations, With 390K Added
3.6.2022
The unemployment rate fell to its lowest level since TK
Fed Has ‘Limited Firepower’ for Rate Hikes, Current Expectations Already Priced in for Bitcoin - CoinShares
27.5.2022
The US Federal Reserve (Fed) has “limited firepower” to raise interest rates due to high oil prices and a threat of recession -- and this could lead to higher bitcoin (BTC) prices, the crypto research and investment firm CoinShares has said. Meanwhile, others also remain positive for...
ECB Survey Finds 10% of Eurozone Households Own Crypto Assets
25.5.2022
One in every 10 households in six eurozone countries has acquired cryptocurrencies, the European Central Bank (ECB) has found with a new survey. While the richest are most likely to own crypto assets, poor families are not far behind, the poll indicates. Dutch Households Lead in Terms of Crypto...
Plus500 Board Anticipates Higher FY22 Revenue Than Expectations
17.5.2022
Plus500 is expecting to beat the market expectations after its Board announced an estimated revenue of $628.4 million for FY22. Additionally, Plus500 is expecting to register its Earning Before Interest, Taxes, Depreciation, and Amortization at $290.5 million. Figures estimated by the Board...
US Inflation for April Hits 8.3%, Slightly Above Expectations
11.5.2022
US inflation hit 8.3% in April, down from a peak of 8.5% the month before, but still above expectations, new data from the US Bureau of Labor Statistics show.
“Over the last 12 months, the all items index increased 8.3% before seasonal adjustment,” the announcement said, adding that price...
Metaverse Majors Struggle as User Base Falls Short of Market Expectations
6.4.2022
Decentraland, Axie Infinity and The Sandbox have big valuations, but a low number of active users, compared with traditional games
AUD Expected to Stay Bullish with Expectations of RBA Hikes
4.4.2022
The Australian dollar has held on to a steady momentum in the last few weeks. It was triggered by the increasing commodity prices following the International crisis in Eastern Europe. Although the Reserve Bank of Australia is expected to keep the rates at 0.1% for the first half of the year...
Bitcoin, Ethereum Technical Analysis: BTC Falls to 5-Day Low, as Nonfarm Payrolls Are Marginally Lower
1.4.2022
Bitcoin fell to its lowest level this week, following Friday’s nonfarm payrolls report, which came in marginally below expectations. 431,000 jobs were added to the U.S. economy versus forecasts for an addition of 490,000. ETH also reacted to the news, finally moving below $3,400. Bitcoin...
Devs Want To Challenge Your Expectations Of Who Makes Games
24.3.2022
While the video game industry is becoming more diverse every year, marginalized game developers are still often dismissed in professional settings based on their appearance. One developer started the hashtag #WhatAGameDevLooksLike after security guards at a games conference apparently stopped...
Indian Crypto Industry Mulls Supreme Court Move as Tax Break Expectations Disappear
22.3.2022
The fading hope is that the government may reduce the 1% tax deducted at source, but expectations of a tax break on crypto capital gains have all but disappeared
Game Pass' Latest Lineup Falls Short Of Our High Expectations
15.3.2022
Game Pass started March off with a bang, adding a well-regarded blockbuster (Guardians of the Galaxy) less than six months after release, plus one of the best-written games ever (Kentucky Route Zero). The rest of the month, in comparison, lacks the big headline punch we’ve grown so used to, much...
First Mover Americas: Biden Issues Crypto Order; Inflation Expectations Hit Record High
9.3.2022
Bitcoin was trading flat to negative even as the European stocks and the S&P 500 futures got a slight tailwind
Bitcoin sees $43K dip amid expectations of 'another run' for BTC price
3.3.2022
The overnight retreat is not being treated as a break in Bitcoin's uptrend which began a week ago
China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims
26.2.2022
Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels...
Bitfinex-backed LEO soars to record high on supply crunch expectations
9.2.2022
The token surged almost 70% in a day after the U.S. Department of Justice announced that it had recovered most of the stolen funds from the 2016 Bitfinex hack
Sony Cuts PlayStation 5 Sales Expectations Due To Global Chip Shortage
2.2.2022
In what will come as a surprise to absolutely no one, chip shortages impacted the PlayStation 5 late last year. Don’t expect that to change just yet. During Sony’s most recent quarterly financial earnings, the company’s gaming division did see a rise in profit. However, as Reuters notes, Sony...