Updates about the status of the Bitcoin that was donated to the Canadian trucker protests and how people can improve when facing attacks in the future.
A recently published Reuters poll suggests the European Central Bank (ECB) may wait until the last quarter of the year (Q4) to raise its first interest rate in over ten years. The poll’s author details that after the conflict in Ukraine, “fewer economists” predict the ECB will raise the benchmark bank rate earlier. Moreover, a […]
Jonny Hart looks back on the week’s business and markets news with OANDA Senior Market Analyst Ed Moya in New York. This week they discuss how financial markets reacted to the War in Ukraine, what does the latest nonfarm payroll report does to Fed rate hike expectations, and recapped what happened with energy markets. They also […]
A hot inflation release has Wall Street bracing for a half-point Fed rate hike in March, with a full percentage point of hikes by July. Everything got more expensive in January and fears remain that it will get worst. US stocks initially tumbled after surging prices made swap markets add another Fed rate hike, bringing […]
The British pound finally woke up this week and has punched past the 1.36 level. GBP/USD is trading at 1.3615, up 0.78% on the day. The highly anticipated US inflation reading did not disappoint, coming in a 7.5% y/y for January. This beat the forecast of 7.3% and was up from 7.0% in December. US […]
US stocks traded mixed after a surprisingly strong employment report made some investors nervous the Fed will be forced to be much more aggressive with fighting inflation. The Nasdaq was boosted after yesterday’s flawless Amazon earnings report. Amazon delivered strong eps and AWS revenue beats, reported a $12 billion gain from their bet on Rivian, […]