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Inflation, Inflation, Inflation, and nothing more!
Can we still count on Soft Landing? Last week ended with US consumer price index data. On Friday, the US September core PCE price index increased by 0.5%, in line with market expectations, while the previous month was revised down to 0.5% from 0.6% i...
Bitcoin downtrend reversed – up the hill from here?
Bitcoin price is back above $20,500 currently! A glance at the daily chart reveals the price retreated three out of seven sessions last week – closing higher on the week! The downward momentum failed to reassert itself last week for the top crypto by...
Cryptocurrency price growth, and market risk reduction
USVIX is moving towards 26, and BTC trying to reach the 21K level. While after last week's gains, Ripple still gave back some of its earlier gains with a -0.27% loss on Friday, Bitcoin and Ethereum, both gained more than 0.50%, as stock ma...
The market ignores the US crude oil inventories report.
Better to wait for the Fed meeting at the beginning of November. Oil gains more than almost 5% in the past two days to ignore API and EIA inventory reports. On Tuesday, the American Petroleum Institute reported a 4.520M inventory inc...
ECB Preview | What to expect after RBA and BoC
ECB set to raise the rates by 75-basis point European Central bank will announce its interest rate decision and monetary policies on Thursday, 27 October. According to different reports and market estimates, the ECB is due to raising borrowing c...