Tag: tightening
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Almost Double? Foreign Direct Investments Down $797M in August 2022 vs Same Month Last Year
Share some Bitpinas love:Subscribe to our newsletter!The net foreign direct investments (FDIs) in the Philippines reached $797 million in August 2022, almost 66 percent...
Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission
According to the International Monetary Fund (IMF)’s mission concluding statement, Nigeria’s rising inflation rate as well as the continuing shortage of foreign currency are...
US Close: Stocks fluctuate, Fed stays hawkish, Dollar posts weekly gain, Oil’s bad week, Gold declines, Cryptos surprisingly find support
US stocks are acting like they are already feasted on a 12-pound turkey. Today’s market moves were uninspiring as we did not learn...
Employees Burned by FTX Enter a Tightening Market: Latest in Crypto Hiring
Permissionless is the brainchild of Blockworks and Bankless. Over 5,500 people attended the inaugural event in 2022, making Permissionless the world’s largest DeFi conference. ...
Week Ahead – Central banks remain hawkish
US
Wall Street’s shortened trading week will be jam-packed with the FOMC minutes, more Fed speak, the flash PMIs and the final look at...
Uncertain times
Equity markets are back in the green on Friday after a choppy week in which the recovery rally has stalled.
Efforts by Fed policymakers...
Canadian dollar eyes inflation data
The Canadian dollar is trading quietly on Friday. USD/CAD is trading at 1.3337 in the European session, up 0.09%.
RMPI, IPPI inflation indicators next
Inflation...
USD/JPY calm as inflation rises higher
The Japanese yen has edged higher on Friday and is trading at 139.90 in the European session.
Japan’s Core CPI beats forecast
Inflation continues to...
Fed speak kills risk appetite, stocks decline, US data, cryptos weaken
US stocks are declining as the Fed sticks to the hawkish script that supports the idea that this economy is quickly heading towards...
EUR/USD eyes ECB rate decision
EUR/USD is in a holding pattern ahead of today’s ECB rate meeting. In the European session, the euro is trading at 1.0068, down 0.16%. ECB projected to hike by 0.75% The ECB holds its policy meeting later today, amidst difficult economic conditions in the eurozone. Inflation jumped to 9.9% in September, up sharply from 9.1%. […]
Thank you Canada, BOC’s dovish surprise, big-tech disappointments, bitcoin above $20k
This bear market rally was about to run out of steam, but the Bank of Canada had other plans. ​ A Canadian dovish surprise gave risky assets an unexpected boost. ​ This bear market might last a little while longer, but traders can’t forget about what will drive the data-dependent Fed. ​ Big-tech earnings are […]
Breaking: Bitcoin Breaks $20K, Ethereum Explodes In Crypto Rally
The crypto market is experiencing an extremely strong rally. Bitcoin has finally broken the $20K price level and is still surging. BTC has surged 5% in the last 24 hours and over 1% in the last hour. It is currently trading at $20,324. On the other hand, Ethereum is outpacing Bitcoin and is showing extremely
The post Breaking: Bitcoin Breaks $20K, Ethereum Explodes In Crypto Rally appeared first on CoinGape.
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