1 / 1 Relevant items tagged with #EconomicData

Posts

Crypto products post $726M outflows amid rate cut uncertainty

[Sep 9 1:13 PM] CoinShares expects that a 50 basis point cut is more likely if inflation comes in below expectations in the upcoming inflation report on Sept. 10.

Crypto products hit with $305M outflow amid strong US economic data

[Sep 2 11:00 AM] CoinShares expects that crypto investment products will become “increasingly sensitive” to interest rate expectations in September.

PCE Report Triggers Gold Slide, Analyst Warns Fed Rate Cut Could Deepen Losses

[Aug 30 9:10 PM] On Friday, Aug. 30, 2024, gold experienced a decline in value, coinciding with the U.S. Commerce Department’s release of the personal consumption expenditures (PCE) price index data. The PCE climbed by 2% in July, aligning perfectly with…

U.S. Leading Economic Indicators Continue to Fall, No Longer Signal Recession

[Aug 20 10:36 AM] The U.S. recession fears were partly responsible for the early August slide in stocks and cryptocurrencies.

UBS Recommends Buying Gold Dips Amid Economic Uncertainty

[Jun 11 8:41 PM] The UBS editorial team, comprising financial analysts and economists at UBS, a prominent global financial services firm, recommends purchasing gold during price dips rather than selling. Recently, gold prices fell by over $80 per ounce due to…

BTC’s ‘Strange’ Session: Economic Data, Roaring Kitty Livestream Drive Market Fluctuations, Says QCP Capital

[Jun 8 7:15 AM] Following bitcoin’s dip in price, QCP Capital highlighted a “doubly strange session” overnight, driven by unexpected economic data and a widely viewed Roaring Kitty livestream. Analysts Highlight Market Chaos Following Bitcoin…

UBS Raises Gold Price Forecast Amid Rising Central Bank Demand and Geopolitical Tensions

[May 25 3:15 PM] UBS has raised its gold price forecast following a record surge in gold prices, driven by anticipated Federal Reserve rate cuts and a weakening U.S. dollar. The main factors behind the investment bank’s upgraded gold price prediction include…

Powell: More Rate Hikes May Be Needed to Curb Inflation

[Aug 25, 2023 12:30 PM] The chairman of the U.S. Federal Reserve, Jerome Powell, warned on Friday that inflation remains too high and signaled the central bank may continue raising interest rates to get it under control. In remarks at the Jackson Hole symposium, Powell…

Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025

[Mar 22, 2023 1:05 PM] Following the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds rate by 25 basis points (bps) on Wednesday, citing the need for the inflation rate to return to 2% over the long run. Fed…

Central Bank of Venezuela Lags in Delivering Economic Data, Experts Fear Upcoming Hyperinflation

[Mar 22, 2023 2:30 AM] The Central Bank of Venezuela is lagging when it comes to delivering economic data this year, failing to publish the inflation numbers for the last four months. Venezuelan economists believe this delay might mean that the country is starting to…