Gold prices plunged lower after a hotter-than-expected NFP report bolstered the US Dollar and Fed rate hike bets. The yellow metal turns its focus to CPI figures.
Schlagwort-Archiv: Market
Weekly Fundamental US Dollar Forecast: Will Inflation Propel US Dollar after the Strong July NFP?
The US Dollar (via the DXY Index) has rallied after the July US nonfarm payrolls report on the back of elevated US Treasury yields and a jump in Fed rate hike odds.
Ethereum Mining Will Soon Be Obsolete
The second-largest cryptocurrency Ethereum (ETH) experienced the biggest software upgrade since 2015 on Thursday.
World Reimagined: The Rise of Augmented Reality
Ongoing uncertainty means the shift to the virtual world isn’t slowing anytime soon, so what we need is a lot less watching and more experiencing. That is exactly what AR/VR can deliver.
Crude Oil Futures Climb Backed by Ongoing Tensions Between Israel and Iran
Daily energy market commentary provided by Nasdaq Corporate Solutions Advisory Services‘ Energy Team.
Daily Markets: Jobs Numbers to Shape Day’s Trading
The pace of job creation has been a tricky one, with many pointing to the rate of re-opening and pandemic stimulus payments keeping potential workers on the sidelines. At the same time, employers continue to report a shortage of skilled workers
Decoding Crypto: The 10 Most Popular Cryptocurrencies
Cryptocurrencies are typically ranked by their market capitalization, and with good reason: the value of a cryptocurrency is a direct reflection of investor appetite. Here are ten of the largest and most well-known cryptocurrencies.
Australian Dollar May Wobble on Global Covid Cases, Fedspeak, Iron Ore Price Drop
The Australian Dollar may be vulnerable as a combination of rising Covid cases around the world, Fedspeak about tapering asset purchases and falling iron ore prices weigh on AUD/USD.
British Pound Forecast: BoE Talks End Game, EUR/GBP Drops to Yearly Lows
BoE announces threshold to unwind balance sheet. EUR/GBP risking a break of YTD lows.
Crypto’s Growing Allure for Corporate Treasury Managers
Corporate treasury managers are perhaps the least talked about institutional investor group in crypto circles. But that has been slowly changing with the onset of Elon Musk and Tesla’s well documented Bitcoin treasury holdings.