The decentralized finance (DeFi) sector faced its first real challenge during last week’s market sell-off that saw more than $1 trillion wiped from the global cryptocurrency market cap as traders feverishly ran for the safety of stablecoins amid tumbling prices.  Despite rapidly declining token prices, the nascent DeFi sector held its own as decentralized exchanges
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Following a weak first quarter, the strength in EURUSD has gathered momentum. The pair is the second strongest among majors quarter-to-date. A more upbeat economic outlook, heightened inflation forecasts and expectations of ECB’s tapering are key driving forces of the recent rally. Indicators Pointing to Stronger 2Q21 Leading indicators have pointed to an upbeat 2Q21.
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A slight increase in mortgage interest rates was enough to tank refinances and bring down overall demand. Total mortgage application volume fell 4.2% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) increased
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NZD/USD consolidates in the early Asian session. Pair retreats from the coveted 0.7300 mark on profit-taking. MACD is in overbought zone, signals stretched buying conditions. The NZD/USD pair books modest losses on Thursday, following the previous day’s remarkable move. The pair zoomed from the lows of 0.7725 to touch the multi-month high near 0.7320, accumulating 90-pip movement.
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BEIJING: China‘s banking regulator has asked lenders to stop selling investment products linked to commodities futures to mom-and-pop buyers, three people with knowledge of the matter told Reuters, to curb investment losses amid volatile commodity prices. It has also asked lenders to completely unwind their existing books for these products, which they manufacture and sell
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A brief Introduction by Chris Capre & Sascha Gogolin, sharing their backgrounds and what you’ll learn in this course. This is video 2 of 19. Subscribe to the playlist here: https://www.youtube.com/playlist?list=PL73KHYWzhYix03CBKTrtm3c1bxL4WVzu6 Next video in the series: https://youtu.be/Hj6Hrj_ehFA Previous video in the series: https://youtu.be/J0WC352ftKg Once you’ve completed this course, check out our Trading Masterclass where I share
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