
S&P 500 and Nasdaq Touch Their 15-Month High with Easing Inflation
Technology stock popped up on Wednesday with easing yields. Analysts still expect the Federal Reserve to proceed with a rate hike later this month.
Technology stock popped up on Wednesday with easing yields. Analysts still expect the Federal Reserve to proceed with a rate hike later this month.
The Federal Reserve is expected to raise interest rates at its July meeting, according to market estimates.
Matthew Ryan, head of market strategy at global financial services firm Ebury, anticipates that the central bank will hike interest rates to around 6.35% within the first three months of next year.
The Nikkei is reflecting a general plunge in the global financial economy as it saw a plunge today despite hitting a high last week.
The potential increase in interest rates would have wide-ranging implications for the UK economy.
The price of Bitcoin could continue its way upwards as the SEC mulls spot ETF applications, leading to a new 2023 high for the king coin.
There is a marked reduction in European stocks largely caused by the general apprehensiveness in the global economy.
Inflation in the UK is still on the rise despite continuous hikes in interest rates and inflation reductions in other G7 countries.
Analysts have started giving price predictions of $36,000 for Bitcoin supported by stock market moves and drop in the volatility index.
It is obvious that as the EU is retracting from China, it is also establishing several deep-rooted relationships with other countries in the area of technology.
Following BlackRock’s growing chance of an approval, Fidelity Investments has submitted another application for a spot Bitcoin ETF.
Apple stock rallied more than 45 percent YTD to trade around $189.66 on June 28 fueled by future growth outlook.
The possibility of FTX reopening its crypto exchange services under the new management has been tagged feasible by some industry observers.
Millions of households in the UK are eyeing insolvency as the mortgage crisis in the country looms following the interest rate hike.
According to recent data, Bitcoin’s market depth and liquidity may be the reason why the king coin is still climbing in June.