December 17, 2024
Nasdaq tops NYSE in listings for 6th straight year
Exchange operator Nasdaq is on track to beat the New York Stock Exchange on listings for the sixth straight year in 2024, as Wall Street looks for a bumper crop of initial public offerings in 2025. Companies raised approximately $22 billion across 160 initial public offerings at Nasdaq in the first 11 months of this […]
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December 17, 2024
Crypto products record 10th consecutive week of inflows at $3.2B
Cryptocurrency investors have not halted their purchasing spree as Bitcoin set new highs and crypto investment products hit their 10th consecutive week of inflows. Digital asset investment products saw another $3.2 billion of inflows in the trading week of December 9–13, crypto investment firm CoinShares reported
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December 16, 2024
Fed rate view in focus as robust stocks year draws to close
A banner year for U.S. stocks gets one of its last big tests with the coming week’s Federal Reserve meeting, as investors await the central bank’s guidance on interest rate cuts. The Nasdaq Composite index breached 20,000 for the first time ever in the past week, another milestone for equities in a year during which […]
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December 16, 2024
Oil up 2%, settles at 3-week high
Oil prices climbed about 2% on Friday to settle at a three-week high, on expectations that additional sanctions on Russia and Iran could tighten supplies and that lower interest rates in Europe and the U.S. could boost fuel demand. The Oil-Dollar pair rose 1.5% in the last session after gaining as much as 1.9% during […]
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December 16, 2024
Bitcoin’s $19.8B options expiry is coming up
Bitcoin investors are bracing for the $19.8 billion options expiry scheduled for December 27th. The recent rally above $100,000 has caught bearish investors off guard, creating an opportunity for bullish traders to capitalize and potentially fuel a new Bitcoin all-time high. The Bitcoin-Dollar pair exploded 1.9% in the last session. The MACD is giving a […]
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December 13, 2024
Gold slides, down over 1% on profit-taking
Gold slipped over 1% as investors booked profits after it briefly reached a five-week high earlier in the session and squared positions ahead of a U.S. Federal Reserve meeting next week. The Gold-Dollar pair fell 1.2% in the last session after a 1.5% intra-session dip. The Stochastic indicator is giving a positive signal.Support: 2613.5 | […]
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