The total cryptocurrency market capitalization dropped 1.5% in the past seven days to rest at $840 billion. The slightly negative movement did not break the ascending channel initiated on Nov. 12, although the overall sentiment remains bearish and year-to-date losses amount to 64%. Total crypto market cap in USD, 12-hour. Source: TradingView Bitcoin (BTC) price
Gold prices rose Rs 211 to Rs 54,270 per 10 grams in the national capital on Thursday, amid gains in the precious metal in overseas market, according to HDFC Securities. In the previous trade, the yellow metal had touched Rs 54,059 per 10 grams. Silver also jumped Rs 593 per kg to Rs 66,662 per
Australia Dollar leads commodity currencies higher, in otherwise still very quiet markets today. Prospect of further easing of restrictions is probably giving some industrial metals and oil prices a lift. But the positive sentiment is not much reflected in the global stock markets. Dollar is back under selling pressure, followed by Yen. European majors also
In the prior analysis, GBP/USD Price Analysis: Bulls in control and eye 1.2350, it was explained that the bulls took out a key resistance and so long as 1.2150 holds, there would be prospects of a rally towards 1.2350 and then 1.2450 for the days ahead. Read More… GBP/USD strengthens and tests levels above 1.2230 The GBP/USD is
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In this article RENT Follow your favorite stocksCREATE FREE ACCOUNT Jennifer Hyman, Rent the Runway Scott Mlyn | CNBC As some shoppers think twice about purchases, Rent the Runway is getting a bump. The fashion rental and subscription company on Wednesday reported stronger quarterly revenue that beat expectations and raised its financial outlook for the
Crude oil now below $72 The price of crude oil is now below the $72 level and is now over $3 below the close from the end of year at $75.35. The current price trades at $71.97 that’s down $-2.24 on the day. The high price reached $75.36. The low price is extended to $71.78.
The US economic calendar is light today but initial jobless claims could be a market mover at the bottom of the hour. The market is beginning to sniff out economic weakness and jobless claims are a solid real-time indicator of the jobs market. The consensus is 230K, up from 225K last week. We’re also going
New Delhi Gold prices were trading flat as the dollar recovered slightly, while market participants await further direction on US rate hikes from the Federal Reserve meeting next week. Most investors expect the Fed to deliver a 50-basis point rate hike at its final meeting of 2022 scheduled on December 13-14, 2022. Market participants also
Trading in the currency markets continues to be rather subdued. Canadian Dollar remains the weakest together Yen. The dovish rate hike by BoC overnight didn’t trigger more selloff, though. Yen is having little reaction to falling US and European benchmark yields. Dollar and Euro are the firmer ones but stay inside familiar range. Aussie and
Here is what you need to know on Thursday, December 8: Financial markets remain choppy in the second half of the week amid a lack of fundamental drivers and high-tier data releases. Participants stay on the sidelines ahead of next week’s key central bank announcements and major currency pairs struggle to make a decisive move
In this article GME Follow your favorite stocksCREATE FREE ACCOUNT A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters GameStop said Wednesday its fiscal third quarter sales declined and its cash pile sharply dwindled, as the brick-and-mortar
USDJPY trades between the 100 and 200 hour MAs Today, the USDJPY traded higher into the European session and in doing so, moved above the 200 hour MA (green line). The one break above that MA line last week failed quickly. Yesterday, the price moved up to test the MA again and backed off. So
Bloomberg (gated) carry the report saying the Biden administration is in negotiations with the Netherlands re controlling exports of chipmaking equipment to China. The new export limits could bar the sale of equipment capable of making chips designated as 14 nanometers or more advanced. Agreement on the Dutch curbs could come as soon as January,
In this week’s newsletter, read about how the word “metaverse” placed second in Oxford’s Word of the Year. Check out how Meta is pushing forward its metaverse plans amid doubts and how the nonfungible token (NFT) marketplace Magic Eden announced a tool to enforce royalties. In other news, find out how the Opera Crypto Browser
Oil weakened on Wednesday, with Brent crude falling close to its lowest this year, pressured by concern about recession and easing fears that a Western cap on Russian oil prices would significantly curb supply. Warnings from big U.S. banks about a likely recession next year weighed, and supported the U.S. dollar. A stronger dollar makes