Coinbase has launched a grassroots political campaign to promote pro-crypto policies, according to a Feb. 28 Twitter thread from the company. The company said that the #Crypto435 campaign is intended to “grow the crypto advocacy community and share tools and resources,” so that crypto users can make their voices heard in all 435 congressional districts.
Month: February 2023
Share: Economists at Wells Fargo expect the GBP/USD pair to move gradually higher toward 1.22 by the end of the year. BoE will be comfortable shifting to a slower pace of rate hikes “Should inflation continue to show a pronounced declaration, and activity and survey data show renewed softening, we expect the BoE to deliver
Gold price fell by Rs 110 to Rs 55,550 per 10 gram in the national capital on Tuesday amid a fall in global rates of the precious metal, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 55,660 per 10 gram. Silver also slumped by Rs 550 to Rs
The strongest to the weakest of the major currencies As the NA session gets underway, the GBP is the strongest and the JPY is the weakest. The USD is mixed with gains vs the JPY and CHF, and declines vs the GBP. The EURUSD, USDCAD, AUDUSD and NZDUSD are all little changed at the start
Headlines: Markets: GBP leads, JPY lags on the day European equities higher; S&P 500 futures up 0.4% US 10-year yields up 2.7 bps to 3.943% Gold down 0.5% to $1,808.58 WTI crude up 1.5% to $76.81 Bitcoin up 0.3% to $23,456 It was a mixed session overall as European traders were treated stronger inflation data
Markets are generally quite in Asian session today, in consolidation mode. Australian and New Zealand Dollar remain the worst performed. While Dollar is recovering slightly, it’s trading below last week’s high, except versus Aussie and Kiwi. Sterling is supported by hope of a Northern Ireland deal with EU but lacks follow through buying. Yen is
In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT A shopper leaves a Target store in New York, August 15, 2021. Scott Mlyn | CNBC Target on Tuesday topped Wall Street’s earnings expectations for the first time in a year, as its holiday-quarter sales rose roughly 1% from the same period a year prior.
Share: Asian indices have rebounded comprehensively as investors shrug off Fed rate hike fears. Chinese stocks will remain volatile ahead of the Caixin Manufacturing PMI data. BoJ Himino has also considered the easy monetary policy as appropriate till the central bank achieves 2% inflation confidently. Markets in the Asian domain have shown an overall recovery as
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Gold prices ticked up on Monday on a pullback in the dollar, although worries around further interest rate hikes from the U.S. Federal Reserve kept bullion near a two-month low. Spot gold rose 0.5% to $1,818.89 an ounce by 10:08 a.m. ET (1508 GMT). U.S. gold futures were also up 0.5% at $1,825.70. The dollar
EURUSD moves toward lower channel trend line The EURUSD moved above a channel trend line in the Asian session – helped by sideways and modest corrective price action. However, the break was short-lived, and the topside trendline started to see sellers leaning against it as the price wandered lower. That wander, transitioned to a run
Q4 net exports 1.1% of GDP vs. expected +1.3% and prior of -0.2% Most of the focus was on retail sales, a beat but do note the caveats in that linked post. Also out were credit data and this, the BoP data. From here we get the ‘net exports’ number. This’ll add in to the
US futures climbed following the release of mixed durable goods orders data, leading to a decline in Dollar, which reverses some of last week’s gains. However, the positive sentiment is not bolstering the commodity currencies, with New Zealand and Australian Dollars performing the worst for the day. Meanwhile, Sterling is showing strength, followed by Yen
In this article ZM Follow your favorite stocksCREATE FREE ACCOUNT Zoom CEO Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Zoom shares climbed 8% in extended trading on Monday after the video chat company reported fiscal fourth-quarter results that exceeded analysts’ estimates
Bitcoin (BTC) price broke above $25,000 on Feb. 21, accruing a 53% year-to-date gain at the time, it made sense to expect the rally to continue after U.S. retail sales data from the previous week vastly surpassed the market consensus. This fuelled investors’ hope for a soft landing and the possible aversion of a recession
Share: Federal Reserve Governor Philip Jefferson said on Monday that it is possible for inflation to decline without an unnecessary amount of disruption in the job market, as reported by Reuters. Additional takeaways “More people do better in the US when there are periods of low inflation and sustained growth.” “Important to get back to
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