US stocks might be less exposed to the war in Ukraine, but the hit to global growth and inflation impact can and will eventually drag down the US economy.  Equities declined after Russia seized Europe’s largest nuclear plant. It does not seem like the Kremlin will be backing down anytime soon and that is leading to […]

The crypto market was in the red over the past 24 hours and the…

The post Highlights March 4: Cryptos in the red, precious metals soar appeared first on Coin Journal.

After starting the week with gains, the euro has been on a nasty slide, which has continued on Friday.  EUR/USD has dropped below the symbolic 1.10 level in the European session and is at its lowest level since June 2020. Fire at Ukraine nuclear plant sends euro lower The intensified fighting which is raging in […]

ETH eyes $3.5K price level as it managed to reclaim the pre-pandemic support levels and got back above its 50-week exponential moving average as we can see more today in our latest ethereum news. Ethereum’s native token ETH eyes $3.5K level in the upcomign sessions as it reclaimed a historically strong support level at the […]

OANDA Senior Market Analyst Craig Erlam reviews the latest market news with Jonny Hart. They discuss the US jobs report and why it had such a big impact on the markets, before previewing the week ahead.

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, […]

Oil Crude prices seem to have a one-way ticket to $100 oil.  This week’s rally in crude was supported by the OPEC+ decision to stick to their gradual increase strategy and as US production fell again.  An artic blast is also disrupting some production in Texas and that is driving this latest price surge. Initially […]

It’s been another downbeat session in financial markets, with even US tech stocks losing recovery momentum ahead of the open as focus switches to the January jobs report. While earnings season has overall been something to reflect positively on, there have been plenty of potholes along the way that has continued to stall any recovery […]

The British pound is slightly lower in Friday trading. It has been an excellent week for GBP/USD, which has gained 1.26%. If the pound can maintain these gains during the day, it will mark the currency’s best weekly showing since December 2020. BoE raises rates by 0.25% As was widely predicted, the BoE raised rates […]

The euro has posted slight gains in the European session, as it trades around 1.1450. Thursday was an absolute barn-burner, as EUR/USD surged 1.18%, its best one-day performance since December 2020. Lagarde beats a retreat on rates The ECB did not raise rates at its meeting on Thursday, but some tweaks in the statement and […]

After a rollercoaster January, Wall Street is now expecting the Fed to aggressively raise interest rates over the course of the year as they scramble to control inflation. The US dollar is once again king as most economists are now expecting the Fed to deliver anywhere between 3-7 rate hikes this year. The upcoming week […]

OANDA Senior Market Analyst Craig Erlam reviews the latest market news with Jonny Hart. They discussed the Fed, US GDP, gold and the week ahead.