Cryptocurrency - Page 2 of 2

Rising yields have markets seesawing, US dollar rising

Equity markets US markets dropped sharply overnight as inflation fears returned on the back of Treasury yields hitting their highest levels in more than a year. Investors are concerned the Federal Reserve will allow inflation to accelerate, after Wednesday’s policy meeting where they reaffirmed their commitment to easy money policies. As s...

March 19, 2021

DOW hits all time highs, Nikkei back to bubble era prices and Bitcoin’s wild ride.

Going into the month’s last day of trading, Global markets have performed well despite a sell off this week. Continued hopes that we’re on a path to economic recovery, with COVID vaccines rolling out and the subsequent drop in cases, have supported markets and drawn in investors. Global Equities Major US Indices all saw record highs, with t...

February 26, 2021

US markets again hit all time highs and Gold loses its lustre

Equity markets US markets dipped last night with the Dow finishing down for the first time in 4 sessions. This came as the streak of better-than-expected economic data came to an end with initial jobless claims unexpectedly jumping to a one-month high last week. Retail giant and Dow 30 component Walmart (WMT) also weighed on the index dropp...

February 19, 2021

Week Ahead: All time highs for US markets, China drives oil rally and Bitcoin boost.

World equity markets finished modestly positive for a week sparse of economic news. US markets again hit all time highs on the back of strong corporate earnings, continued optimism in fiscal stimulus and COVID progress as the US infection rate eased to its lowest level since October. Equity Markets US The NASDAQ outperformed with Twi...

February 15, 2021

Stimulus euphoria leads to all time highs, a new US administration and Bitcoin bust

We had an eventful week on global markets with the inauguration of a new US administration and a dovish stance from the European Central bank fuelling hopes of extended fiscal stimulus in the new year. Equity markets Risk appetite got a boost this week from a push by US authorities for nearly $2 trillion in additional spending and plans to jump...

January 22, 2021

Week Ahead: Equity markets take a breather, US dollar strength and Crypto pullback

Major Indices took a breather last week, with US equity markets closing down more than 1% after posting record highs the week prior. In economic news, the incoming US administration announced a $1.9 USD trillion fiscal-stimulus plan that aims to counter the effects of COVID-19 and support markets as recent weak economic figures are indicating the...

January 18, 2021