European Stocks Set for Retracement Following Hawkish Fed Sentiments & Fresh Russian Sanctions
The Fed plan to reduce its balance sheet and raise interest rates is already impacting European stocks, with several indexes set to decline.
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The Fed plan to reduce its balance sheet and raise interest rates is already impacting European stocks, with several indexes set to decline.
A lot has changed in the Bitcoin and general digital currency ecosystem since MicroStrategy first made its investment in Bitcoin. Today, there is more awareness about the crypto asset amongst institutional investors.
The new Forbes billionaires list reveals 87 less billionaires, less newcomers, and a $400 billion decline in total net worth.
Events surrounding Elon Musk’s tweets in recent times have suggested that he might have some interest in the social media platform.
Both Bitcoin and the S&P 500 seem to have some correlation, very apparent as 2022’s first quarter concludes with both closing down.
Bitcoin price is now retesting the 2022 opening price, which was followed by the dip that has taken three months to recover.
While the outlook of the US market is impressive, fears of impending economic slowdown still abound and this will guide investors in choosing their investment strategies appropriately moving forward.
Previous to sanctions, Russia’s restrictions on cryptocurrencies were inexorable, contrary to what is proposed now.
Earlier, Meta had already filed a trademark application with the Brazilian National Institute of Industry Property (NPI) a few months after the announcement of the successful rebranding.
With the purchase, Amazon will have access to the unique potentials of the movie studio, which is known for producing blockbusters.
Bitcoin seems to have already factored in the Fed rate hike which had little effect on its price post Wednesday’s announcement. Bitcoin bulls and bears are in for a thought fight ahead of Friday’s options expiry.
The President of Ukraine signed a law officially recognizing crypto, as part of financial efforts to withstand the assault from Russian forces.
Stocks in China and Hong Kong hit a positive bounce after the Chinese State Council pledged its support for the broad equity market.
The funding package will specifically go into funding defense equipment as well as in the training of the armed forces of Ukraine.
As the global health crisis persists, vaccine makers are looking forward to huge revenues this year.