January 13, 2025
Treasury yields rise, stock falls, pressured by strong US jobs data
Global stocks fell while U.S. Treasury yields rose after a stronger-than-expected jobs data reinforced expectations that the Federal Reserve will likely keep interest rates elevated for longer than traders were betting on.
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January 10, 2025
Hacks and scams stole $3B from crypto activities in 2024
Blockchain security firm PeckShield reported that hackers and scammers stole more than $3 billion in crypto-related activities in 2024, a significant increase over that of the previous year. It represents a 15% or $400 million increase over 2023.
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January 10, 2025
Dollar climbs for 3rd straight session
The U.S. dollar strengthened for a third straight session as Treasury yields dipped but held at elevated levels on concerns over tariffs under the incoming Trump administration.
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January 10, 2025
Pound plumbs 14-month low, rattled by gilt market rout
The pound hit its lowest since late 2023, under pressure from a selloff in global bonds that has driven the UK government’s borrowing costs to their highest in over 16 years, which has reignited concern about Britain’s finances. The Pound fell 0.4% against the Dollar in the last trading session. According to the Williams indicator, […]
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January 9, 2025
Bitcoin price dips, caused by Fed interest rate concerns
Bitcoin’s recent correction was likely triggered by concerns regarding the US Federal Reserve’s tightening monetary policy, which may emerge as the main factor influencing Bitcoin’s price action in 2025. Bitcoin’s price temporarily breached the $100,000 psychological mark on January 7 before staging a heavy correction. The Bitcoin-Dollar pair dove 5.4% in the last session. The […]
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January 9, 2025
Gold climbs after weaker-than-expected private payrolls data
Gold prices hit a near four-week high after a weaker-than-expected private employment report for December provided reassurance for some in the market the U.S. Federal Reserve may be less cautious about easing rates this year. The Gold-Dollar pair rose 0.5% in the last session after gaining as much as 1.0% during the session. The ROC […]
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