Elon Musk has announced that he will be tweeting about some “big news” in the next hour. This news is sure to generate a lot of buzz and speculation.
Not about TSLA or Twitter or DOGE. This is in reference to TMUS / SpaceX partnership.
After a brief period of stability, US yields have started to move higher again. This is putting pressure on the US dollar and may lead to further declines in the currency. USD’s value has been gradually decreasing, but that might change soon.Auctions for US 2 year notes have not been going well recently. This could…
Federal Reserve Chair Powell is set to speak on Thursday, September 8th, 2022 in Chicago. Head of the Chicago Fed, Evans, is also scheduled to speak. 09:10 am NT time, which is 1310 GMT. Fed Chair Powell Speaks Discussion point: The monetary policy landscape has changed a lot in the past 40 years. Central banks…
After a small loss of around 0.5% over the course of Tuesday, Bitcoin has found itself retreating to the lower end of the $23,000 range it had established. Ethereum, on the other hand, has managed to gain some strength over the past day, increasing by 2.7% to reach $1,630. As for altcoins, they have been…
The US 10 year yield dipped today, reaching an intraday low of 2.584%. This move takes the yield closer to the next target, which is between 2.53% and 2.557% (this is the range between the swing high from March 28 and the swing low from April 7, before the recent run-up). This is the sixth…
In an unprecedented turn of events, Elon Musk, the CEO of Tesla and SpaceX, he made headlines when he led a striking rebranding effort for Twitter. Over the weekend, the social media giant’s headquarters were abuzz with activity as Musk, accompanied by his team, replaced all the signboards with the enigmatic “X” logo. The charismatic…
Gold price (XAU/USD) has delivered a downside break of the consolidation formed in a narrow range of $1,720.89-1,723.08 in the Asian session. The precious metal is declining after printing a fresh two-week high around $1,735.00 on Monday. The gold prices are witnessing the heat amid lower consensus for US inflation. Investors should be aware of the fact…
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