Generative Data Intelligence

Tag: stock market rally

Will U.S. CPI Data Help Bitcoin (BTC) Price Break This Key Resistance?

The modest crypto and stock market rally to start the new year will be put to test on Thursday when investors face the...

NFP React: Stocks rise on strong jobs report and Slowing Wage pressures, ISM Services contract, Oil rises, Gold higher as Fed hiking job almost...

US stocks initially rallied after the NFP report showed the labor market remains strong and as wage price spiral risks are easing. The...

Stocks higher on mixed US data, ISM contracts again, JOLTS impress, Salesforce layoffs, Aussie rises,, bitcoin higher but still in range

US stocks edged higher as investors grew confident that the Fed is nearing the end of its tightening cycle as the manufacturing sector...

Musk out, German IFO survey, homebuilder sentiment, oil edges higher, gold wavers, cryptos lower

US stocks were unable to hold onto gains as recession worries run wild and as global bond yields surge higher after former Fed’s...

Crypto overview November 2022

Cryptocurrency prices have declined significantly in 2022, with crypto assets tracking the performance of stocks such...

Euro dips lower on weak euro data

EUR/USD is steady at the start of the week. In the North American session, EUR/USD is trading at 1.0534, down 0.06%. The US dollar...

Stocks edge lower ahead of kickoff, record cyber Monday, consumer confidence, cryptos modestly rise

The early morning stock market rally that stemmed from optimism that China was poised to deliver more stimulus and nearing a loosening of...

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...

Observers Suspect an Aggressive Fed Rate Hike Next Month, Analyst Predicts Fed Will Pivot in December

Observers Suspect an Aggressive Fed Rate Hike Next Month, Analyst Predicts Fed to Pivot in DecemberAccording to recent reports close to central bank officials, the U.S. Federal Reserve will likely deliver another interest rate hike by roughly 75 basis points (bps) next month. Moreover, markets are predicting another rise by three-quarters of a point, and CME’s Fedwatch Tool indicates there’s a near-certain (98%) chance the central bank will choose a […]

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