Gold prices experienced a dip on Tuesday, falling below $4,200 per ounce after reaching a six-month high. This decline is attributed to rising U.S. Treasury yields, prompting investors […]
Economic Data to Shape Crypto Markets: What Investors Need To Know
Upcoming U.S. economic releases, including Retail Sales and Jobless Claims, could significantly impact crypto markets as traders anticipate potential Federal Reserve rate policy changes. The compressed data release […]
U.S. Jobless Claims Fall Below Forecasts
New data from BlockBeats indicates that initial jobless claims in the United States for the week ending November 22 were lower than expected. The reported figure of 216,000 […]
U.S. Core PPI Miss Sparks Market Uncertainty
The U.S. September core producer price index (PPI) missed market expectations, reporting a 0.1% rise instead of the anticipated 0.2%. This discrepancy has ignited discussions in financial circles […]
Asia’s Currency Landscape Holds Steady Amidst Rate Cut Expectations
Asian currencies are demonstrating a cautious approach as traders await the potential of December interest rate cuts. While some positive economic conditions are at play, market participants are […]
U.S. Third-Quarter GDP Data Release Scheduled for December
The U.S. Bureau of Economic Analysis will release its third-quarter Gross Domestic Product (GDP) data on December 23rd. This release follows close scrutiny from economists and investors who […]
Crypto Market Sees Stability Amidst Volatility: Key Developments This Week
This week, the crypto market experienced a period of volatility. Despite this, Bitcoin managed to maintain above $85,000, leading to minor recoveries in other altcoins. The market is […]
Bitcoin’s Short-Lived Surge Follows U.S. Employment Report
Following the release of U.S. economic data, Bitcoin (BTC) saw a brief spike above $92,000 before experiencing a pullback. The report highlighted a significant increase in the unemployment […]
Labor Market Data Holds Key to Fed Decision: Reports Delayed Amid Shutdown
Amidst a government shutdown, the Federal Reserve faces crucial decisions regarding interest rates this week. A significant employment report released for September has already caused delays in other […]
Trump Hints at Powell Replacement, US Government Shutdown Impacts Fed Decisions
US President Donald Trump has asserted his influence on the Federal Reserve’s (Fed) future leadership. In a recent statement, he revealed that ‘people are trying to stop me […]
U.S. Unemployment Claims Fall Slightly in Mid-October
The latest unemployment data from the U.S. government website reveals a slight decrease in initial claims for the week ending October 18, with 232,000 reported by Odaily. This […]
Delayed US Economic Data Wave to Shape Markets in Next 45 Days
A significant wave of delayed U.S. economic reports is poised to significantly influence market sentiment over the next 45 days. This data deluge will shape expectations for rate […]
Crypto Market Awaits Key Economic Clues: Q4 2023 Will Shape the Near Future
As the US economy re-awakens from the recent federal shutdown, a wave of crucial economic data is set to unfold, impacting crypto markets and setting the stage for […]
Economic Data Vanishes in Government Shutdown Risk
A prolonged U.S. government shutdown threatens to permanently obscure vital economic data, including inflation figures and unemployment rates, according to economists quoted by BlockBeats. The situation is further […]
White House Fears Government Shutdown Could Permanently Impact Economic Reports
The ongoing government shutdown has raised concerns about the potential for long-term damage to crucial economic data releases, according to White House Press Secretary Jen Levitt. She warns […]