Crude oil prices edged lower on Wednesday ahead of the Fed interest rate decision. While the market is increasingly confident of an interest rate cut of 25 basis points, a hawkish guidance, or at least a non-committal position, is highly likely. These expectations, coupled with the overwhelming concerns of a supply glut in coming months,
The USD/CHF exchange rate drifted downwards on Thursday morning as the US dollar index weakened after the Federal Reserve interest rate decision. It dropped to a low of 0.8, its lowest level since November 19 as investors anticipated the upcoming Swiss National Bank (SNB) interest rate decision. SNB interest rate decision ahead The USD/CHF exchange
Bitcoin and top altcoins suffered a harsh reversal today, Dec. 11, as concerns about the Federal Reserve forward guidance resumed. BTC dropped below $90,000, erasing some of the gains made earlier this week. XRP price dropped by 3.6% in the last 24 hours and by 7.8% in the previous seven days. Similarly, Solana, Dogecoin, Cardano,
Scottish Mortgage share price popped this week, reaching its highest level since November 5. SMT jumped to a high of 1,140p, up by 11% from its lowest level in November and by 46% from its lowest point in November last year. Scottish Mortgage share price is soaring amid SpaceX IPO news SMT is a large
The GM stock price has been in a strong bull run this year and is beating most companies in the S&P 500 Index by far. General Motors has jumped by nearly 55% this year, bringing its market capitalization to over $75 billion. General Motors’ business is doing well A few months ago, there were concerns
The DJT stock price has collapsed this year as the company’s pivot to the crypto industry backfired, its core business struggled, and Donald Trump’s approval ratings plunged. Trump Media stock was trading at $11.30 on Thursday, a few points above the year-to-date low of $10.18. It remains much lower than the November high of $54.60.
Boeing stock price has come under pressure in the past few months, moving from the year-to-date high of $242.50 in July to the current $200. This crash has happened even as the company’s business and turnaround measures improved. So, is it safe for the company to buy the dip? Boeing turnaround is accelerating Boeing, the
Cardano price held steady, reaching its highest point since November 19 as the crypto market rebounded. ADA jumped to a high of $0.4647, up by 25% from its lowest point this year. It also rebounded as Cardano launched Midnight, its zero-knowledge privacy network. Charles Hoskinson hails Cardano Midnight launch Cardano price remained in an upbeat
Rolls-Royce share price has held steady in the past few days, moving from a low of 1,020p on November 24 to the current 1,110p. It has jumped by over 100% from its lowest level in January and is a few points below the year-to-date high of 1,195p. So, is it still safe to buy the
On Tuesday, the US natural gas price extended losses from the previous session in reaction to forecasts of warmer weather in most parts of the country. Near-record output and ample inventories have further fueled the pullback, even as the bulls remain in control. Meanwhile, European prices are under selling pressure as investors weigh the prospects