Traditional markets in the US are closed on Monday for Memorial Day, but a big flow of economic data will follow during the rest of the week ahead. Trade war fears returned to the markets late last week with Donald Trump stirring the pot again, threatening phone makers and the European Union. This resulted in […]
Stock markets notched solid gains last week while crypto markets lost a bit of ground and cooled slightly. The weaker-than-expected readings on CPI and inflation expectations keep markets buoyed, while the Trump administration’s Middle East deals were a boon for the AI sector. Additionally, US Treasury yields are surging again. “Trade deals, recession worries, lower […]
Bitcoin and crypto markets could face headwinds preventing new peaks if certain scenarios play out, wrote Bitcoin researcher and author Timothy Peterson. The economist provided the analysis to counter his bullish prediction that BTC could reach $135,000 in the next three months or so. Continued poor or declining sentiment could impact crypto markets should things not […]
The US central bank will announce its interest rate decision this week, and it is highly expected that things will remain the same. Optimism picked up a little last week as stock and crypto markets made gains as tariff concerns eased slightly. However, the unexpected Q1 GDP contraction shook market sentiment. This appears to be […]
Crypto and stock markets saw some recovery last week as sentiment improved. However, many analysts think that US equities are not out of the woods yet. Escalating global trade tensions have almost dragged stocks into a bear market. Tariff uncertainty, signs of an economic slowdown, and persistent inflation continue to impact consumer and investor sentiment. […]
The Federal Reserve Board on Thursday announced the withdrawal of guidance for banks related to their crypto asset and stablecoin activities, with changes to its expectations for these engagements. According to a statement, the move aims to ensure its supervisory approach remains aligned with evolving risks and to support innovation within the banking system further. […]
Donald Trump has hit back at Federal Reserve Chair Jerome Powell after he criticized trade tariffs and warned of dire economic consequences. Trump responded aggressively on social media, calling Powell “Too Late Jerome” and suggesting he might be fired, challenging the Fed’s independence. “I’m not happy with him… If I want him out, he’ll be […]
Jobs reports and Federal Reserve speeches will dominate the week ahead, which follows a tumultuous one for markets. The second estimate for Q4 GDP confirmed that the economy grew at a solid 2.3% pace, led by consumer and government spending, but concerns about future GDP growth persist due to potential government spending cuts and trade […]
A number of recent economic reports revealed cracks in the US economy’s resilience last week, with the lowest service-sector PMI reading in over two years. This week will see key GDP and PCE inflation data released which could rattle markets even further. “PCE inflation will be the final piece to the puzzle as both PPI […]
Monday is a holiday in the US for Presidents’ Day, so traditional markets are closed. Crypto markets never close, but they are already showing signs of weakness as another week begins. There are several Federal Reserve speeches to look out for this week in addition to manufacturing and services purchasing manager’s indexes. “Inflation is officially […]