Tag: Wall Street
Cryptocurrencies in a downward trend
Last week, Bitcoin failed to regain momentum and declined to about $40,000. The value of cryptocurrencies fell by almost 6 percent week-over-week as investors...
Fed’s dovish turn sparks rally in markets
Yesterday's decision by the Fed was in line with expectations. For the third time in a row, the institution left interest rates at the...
Markets Anticipate Five Interest Rate Cuts in the US by 2024
Markets are pricing in five interest rate cuts in the US by October 2024. The decisions of the Federal Reserve (Fed) will affect currency...
Investment Risks Ignored, Investors Facing 2024 Correction
All indications point towards the year-end being typically profitable for bulls in the stock market. November was the best month in many years for...
Strong Dollar and Falling Indices as JOLTS Survey Shows Strength of Job Market
The JOLTS survey showed the strength of the job market. The number of vacancies rose to over 9.6 million, which turned out to be...
EUR/USD rate lowest this year, WIG-20 lowest since April
The Monetary Policy Council (RPP) will begin its two-day session today. There is a lot of uncertainty about the decision of the Monetary Policy...
Inflation and economic slowdown are the main risks
The report on American spending, which contained the Federal Reserve's (Fed) preferred measure of inflation, offered no surprises. The base indicator, as expected, fell...
Market rebound after the publication of data from the US labor market
Yesterday, we observed a rebound in the main currency pair. Stock market indices also rose on Wall Street. On the other hand, the yields...