Pound Rises As UK’s PM Resigns; Yen Intervention Looms
The Pound gained after Liz Truss handed down her resignation at the parliament. Meanwhile, the Yen breached a critical price level of 150 against the...
Whales’ Accumulation Of Bitcoin Reaches 4-Month High
There has been a large accumulation of bitcoin holdings by whales. These buys have come amidst a bear market and economic uncertainty, piquing the interest...
Germany’s Investors’ Sentiment Dropped Below Anticipated
An economic research paper revealed that German investors are below optimistic given the current macroeconomic outlook. Furthermore, a sentiment report released in October revealed market...
Australia To Lift Rate Further To Keep Up With Global Trend
In a statement to pressmen, the Deputy Governor of the Reserve Bank of Australia said the bank expects to hike rates more. Essentially, this will...
Dollar Bounces, Sterling Slumps Over Negative CPI Data
The United States Dollar rose from a two-year low during Europe's trading session on Wednesday. In contrast, the Sterling slid following CPI data showing inflation...
US Stocks Waver As Treasury Yield Peaks At 14-year Height
Wednesday saw the United States stocks oscillate between losses and gains in the market. That followed the treasury yield hitting a fourteen-year high. The surge...