March 13, 2025 6:56 am
Key moments GBP/USD reaches a four-month peak of 1.2989, driven by weakened US Dollar. US inflation data fuels speculation of Federal Reserve rate cuts, impacting Dollar value. UK housing market shows signs of cooling, with RICS Housing Price Balance declining. GBP/USD Maintains Strong Position Amid Diverging Economic Signals The GBP/USD currency pair has demonstrated sustained […]
Read moreMarch 12, 2025 2:15 pm
Key moments TSMC Joint Venture Proposal: TSMC reportedly approaches Nvidia, AMD, and Broadcom for a joint venture to operate Intel’s foundry division. Market Response: Intel’s stock experiences a significant 6% surge following the report, reflecting positive investor sentiment. Industry-Wide Implications: Potential joint venture signals a potential shift in domestic chip manufacturing and strategic alliances. Potential […]
Read moreMarch 12, 2025 1:13 pm
Key moments Active XRP addresses plummet from 530,000 to 123,000, indicating a sharp decline in investor participation. XRP holds above $2.00, with $2.14 acting as a crucial support level despite a 22% correction. XRP faces resistance at $2.33, while a drop below $2.14 could lead to a further decline to $1.94. Declining Investor Participation and […]
Read moreMarch 12, 2025 10:44 am
Key moments Aluminum futures rose to $2,710 on Wednesday. The surge followed a brief drop to $2,690. U.S. trade disputes continue to escalate, with China announcing retaliation plans. Aluminum Surges As Trade Tensions Continue Wednesday saw aluminum futures surge, breaching $2,710. This increase occurred amidst a confluence of factors, notably the tightening of supply from […]
Read moreMarch 12, 2025 9:35 am
Key moments Blackstone’s stock reached the $138 mark. Tuesday’s $140 peak was short-lived, but pre-market figures stand at roughly $139 at press time. The company is moving forward with reacquiring Trans Maldivian Airways. Blackstone Shares Shares Retreat to $138 Blackstone’s stock experienced a notable downturn on Tuesday, with shares settling at around $138, a price […]
Read moreMarch 12, 2025 7:49 am
Key moments Bitcoin’s value jumped by 7.5% on Wednesday, reaching $82,910 temporarily. Despite the short-lived rise, Bitcoin’s price returned below $82,000, failing to maintain upward momentum. Selling pressure is intensifying as short-term holders liquidate their holdings at a loss. Bitcoin’s Price Falls Back Below $82,000 Amid Ongoing Instability The cryptocurrency landscape remains turbulent as Bitcoin’s […]
Read moreMarch 11, 2025 2:11 pm
Key moments The ASX 200 experiences a 1.2% drop in morning trading, reversing gains from the previous day, influenced by substantial overnight losses in US markets. Technology stocks within the ASX demonstrate a more severe decline, with the S&P/ASX All Technology Index falling by 2.8%. Growing fears of a potential recession in the US, coupled […]
Read moreMarch 11, 2025 1:04 pm
Key moments A rapid 12% drop sent Ethereum’s price plummeting to $1,755 on Tuesday. Though it has since climbed back to around $1,890 and $1,900, Ethereum could not reach the $2,000 threshold. Heavy liquidations, exceeding $240 million in a single day, intensified Ethereum’s price decline. Concerns Over U.S. Recession Have Compounded Ethereum’s Recent Challenges A […]
Read moreMarch 11, 2025 10:05 am
Key moments The $TRUMP memecoin project linked to Donald Trump reportedly generated at least $350 million within three weeks of its launch. A substantial portion of the revenue remains in a liquidity pool, supporting the coin’s value, with Trump-linked accounts holding a significant number of tokens. Discrepancies in token distribution and pricing raise questions about […]
Read moreMarch 11, 2025 9:22 am
Key moments WTI crude oil price experiences a modest increase, reaching approximately $65.90 per barrel, following previous session losses. Concerns regarding potential economic slowdown due to US tariffs and retaliatory measures from trading partners create market uncertainty. Economic indicators from China, a major oil importer, signal deflationary pressures, impacting global oil demand forecasts. Global Trade […]
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