BITCOIN PRICE FORECAST: BTC HOLDS ABOVE $105,000 AMID US MACROECONOMIC DATA RELEASE Bitcoin (BTC) remains above $105,000 on Thursday, despite the Fed halting interest rate cuts in the US. Glassnode reports that BTC’s current bull cycle resembles the 2015–2018 cycle, with potential for further growth driven
Trump Criticizes the Federal Reserve: President Donald Trump attacked the U.S. central bank after it decided not to lower interest rates. Blames Them for Inflation: He said the Federal Reserve and its chairman, Jerome Powell, caused inflation and failed to fix it. Calls Their Work Bad: Trump also accused
Hungary's economy grew by 0.5% in the last quarter of 2024, and 0.4% compared to the same time in 2023. This growth followed two quarters of economic decline in 2024. Poland's GDP grew by 2.9% for the whole of 2024, which is better
US INFLATION (PCE) DATA DUE FRIDAY - HERE ARE THE CRITICAL RANGES TO WATCH The Core PCE data will be released on Friday at 0830 US Eastern time (0130 GMT). The Personal Consumption Expenditures (PCE) data measures inflation by tracking price changes in goods and services purchased by consumers. PCE
JAPANESE YEN BULLS HAVE THE UPPER HAND AMID BOJ RATE HIKE BETS The Japanese Yen (JPY) strengthens amid growing expectations for additional rate hikes by the Bank of Japan (BoJ). Geopolitical risks and trade war fears also support the JPY’s safe-haven status. The JPY remains near a one-month high
USD/MXN RISES ABOVE 20.50 DUE TO RENEWED TARIFF THREATS FROM TRUMP USD/MXN rises for the second consecutive session, trading around 20.70 during Asian hours on January 31, 2025. The Mexican Peso is under pressure due to renewed tariff threats from US President Donald Trump. Trump reiterated
U.S. Treasury yields fell slightly on Thursday. Investors were reacting to the Federal Reserve's recent decision on interest rates for 2025. The 10-year Treasury yield dropped by 0.05% to 4.506%. The 2-year Treasury yield fell by 0.02% to 4.209%. Treasury yields and prices
Tesla's Profit Boosted by Bitcoin: Tesla made an extra $600 million in net income from its bitcoin holdings, due to new accounting rules for digital assets. Quarterly Earnings: Tesla’s earnings for the fourth quarter were 73 cents per share, slightly below the expected 75 cents per share.
Nasdaq futures went up because chip stocks rose. ASML's strong quarterly orders boosted semiconductor-related stocks. Investors are watching company earnings and the Federal Reserve's decision. The Fed is expected to keep interest rates the same at 2 p.m. ET. Experts say there is almost no
Oil Prices Drop: Crude oil prices fell sharply on Wednesday. US Demand Concerns: Investors worry about lower oil demand in the US. Federal Meeting: The market awaits a key US monetary policy decision. Tariff Plans: The White House confirmed Trump still plans 25% tariffs on imports from Canada and Mexico.
Alibaba Releases New AI Model: Alibaba launched a new AI model called Qwen 2.5-Max. Claims to Be Better: Alibaba says this model is better than DeepSeek-V3, a highly-rated AI. Unusual Release Timing: They released it on Lunar New Year, a big holiday in China. Reason for Urgency: DeepSeek has
The Federal Reserve (Fed) is expected to keep interest rates the same in its first meeting under Trump's second term. Trump wants the Fed to lower interest rates and has spoken about it publicly. He said at the World Economic Forum that interest rates should drop in the