Markets

Ethereum Derivatives Look Bearish, But Traders Think ETH Bottom Is In

Ethereum Derivatives Look Bearish, But Traders Think ETH Bottom Is In

Ether (ETH) rose 5.5% in the early hours of November 29, reclaiming critical support at $1,200. However, when looking at a broader timeframe, the negative performance of 24% over the past 30 days has a significant impact on investor sentiment. Additionally, investor sentiment soured after BlockFi filed for bankruptcy on Nov. 28. News flow remained …

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A cycle of Fed rate hikes has never hit equities this hard before.  Here's what's different this time.

A cycle of Fed rate hikes has never hit equities this hard before. Here’s what’s different this time.

Anyone watching the market knows that stocks have been hammered since the Federal Reserve started in March, which turned into an aggressive series of interest rate hikes, but Deutsche Bank strategists say they might be surprised to learn that these rate hikes are probably not the culprit. The S&P 500 SPX, -0.16% has experienced a …

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Energy CEO says markets should prepare for 'one or two years of extreme volatility'

Energy CEO says markets should prepare for ‘one or two years of extreme volatility’

Russia’s invasion of Ukraine has upended energy security around the world, plunging many countries into an energy crisis that industry leaders fear will last for years. Russia was one of the world’s largest suppliers of oil and natural gas before the war, but eroding tensions with the West following the invasion disrupted energy markets around …

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Stock market weakens at noon awaiting Powell's speech;  This IBD index surpasses

Stock market weakens at noon awaiting Powell’s speech; This IBD index surpasses

The stock market weakened at midday on Tuesday, sending the main indexes near the lows of the day. An apparent easing of Covid restrictions in China could not offset the stock market’s apprehension over the upcoming data and Jerome Powell’s speech. X The Nasdaq composite slipped 0.6% and the S&P 500 fell 0.4%. The Dow …

Stock market weakens at noon awaiting Powell’s speech; This IBD index surpasses Read More »

European Markets Stall as China Covid Policy Takes Center Stage;  HSBC up 5% on RBC deal

European Markets Stall as China Covid Policy Takes Center Stage; HSBC up 5% on RBC deal

UK gilt market ‘not back to normal’, says BOE governor Britain’s gilt market is “not back to normal” after the Bank of England intervened on Sept. 28, according to Governor Andrew Bailey, who spoke to a committee of lawmakers on Tuesday. The governor said the bank did not want to buy pegged gilts, but “needed …

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S&P 500 futures rise as China Covid worries ease

S&P 500 futures rise as China Covid worries ease

Stocks making the biggest first moves: Hibbett, Silvergate Capital and more Here are the stocks that make the biggest moves in premarket trading: hibett: The sporting goods retailer’s stock fell 5.7% pre-market after missing revenue and earnings estimates for its latest quarter. The company said it was hit by higher expenses that squeezed profit margins, …

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Ukraine is Biden's defining problem and biggest economic challenge

Ukraine is Biden’s defining problem and biggest economic challenge

Russia’s war in Ukraine has become the biggest economic challenge of President Biden’s term, threatening to plunge the world into a recession that could endanger an already fragile US recovery. The combination of punitive sanctions, championed by Mr. Biden and his allies, and retaliation from Russia have ricocheted off global food and energy markets, exacerbating …

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