Stock markets are making decent gains on Tuesday, bouncing back quickly from the disappointment late Monday as Fed Chair Powell turned the hawkish dial up a notch. It didn’t take long for investors to get over the latest disappointment as they prepared for interest rates rising to around 2% by the end of the year. […]

The New Zealand dollar is up sharply on Tuesday. In the North American session, NZD/USD is trading at 0.6943, up 0.83% on the day. NZ consumer sentiment falls sharply Westpac Consumer sentiment slowed for a third straight quarter, and the Q1 release showed a sharp drop, falling from 99.1 to 92.1. The 100-level separates optimism […]

US stocks had an uninspiring start to the trading week after Fed Chair Powell delivered another round of hawkish comments and as commodity prices surged on growing expectations the EU could consider an oil embargo on Russia this week.  The harsh reality of faster rate rises is setting in for some traders and that could […]

Central banks playing catch-up The global economy is facing an incredible amount of uncertainty at the moment which is continuing to drive the volatility we’re seeing in financial markets. Whether it’s uncertainty around inflation, interest rates, commodity prices, Covid or Ukraine, the growth outlook has become extremely unclear and is constantly subject to significant revisions. […]

Bitcoin and the crypto market trend to the upside on Wednesday. The Federal Reserve (FED) announced a raise rates by 25 basis points. The FED Chair Powell said at the news conference; We are attentive to the risks of further upward pressure on inflation and inflation expectations. The committee is determined to take the measures…

The post Why The Crypto Market Bloomed After FED Decision appeared first on Bitcoin News Miner.

The Australian dollar has posted strong gains for a second straight day. In the European session, AUD/USD is trading at 0.7338, up 0.65% on the day. We continue to see strong volatility from the Australian dollar. The currency started the week with a tumble of 1.44% but has recouped those gains and then some. AUD/USD […]

Investors are likely expecting a non-aggressive approach to interest rates following Wednesday's change, leading to a jump in markets

The post Market Wrap: Stocks, Altcoins Rise Despite Rate Hikes and Ukraine Conflict appeared first on Blockworks.

Recession risks mounting It’s been another week of significant volatility in financial markets, one in which European indices edged closer to bear market territory, oil prices hit a 10-year high around $120, and safe-haven gold came close to $2,000. The Russian invasion of Ukraine and the severe sanctions imposed on it by the West have […]

The pound is down considerably for a second straight day and has lost over one per cent on the week. GBP/USD is trading at 1.3268, its lowest level since December 2021. In economic news, the UK Construction PMI for February accelerated to 59.1, up from 56.3 in January and easily beating the consensus of 54.3. […]

The Australian dollar continues its impressive rally and is in positive territory on Friday. AUD/USD has climbed 1.37% this week. The war in Ukraine shows no signs of letting up, and news that a Russian missile scored a direct hit on a Ukrainian power plant has made investors even more jittery about the war in […]

US stocks are rallying as Wall Street anticipates central bank reluctance to go overly aggressive with tightening monetary policy, so they could provide a cushion for a growth hit that will stem the Russia-Ukraine developments. Even as Russian troops move in on Ukraine’s capital, risk appetite got a boost from Moscow’s signal that they could […]

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 is driving the oil markets and what to expect going forward, recap the latest round US economic data, and how cryptos […]