August 22, 2024

Oracle’s stock gained 1.0%


The last session saw Oracle shares gain 1.0%. The MACD is giving a positive signal.Support: 138.0633 | Resistance: 140.8967
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August 22, 2024

S&P, Nasdaq tick up as downward payrolls revisions boost rate-cut hopes


The S&P 500 and the Nasdaq edged up as a sharp downward revision in U.S. jobs data for the year ended March 2024 indicated a slowdown in the labor market, propping up hopes the Federal Reserve would cut interest rates next month.
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August 22, 2024

BlackRock’s iShares Ethereum Trust approaches $1B in net inflows


BlackRock’s Ether exchange-traded fund has reached approximately $1 billion in net inflows, underscoring its lead among rival ETFs. The iShares Ethereum Trust has pulled in $992 million in net inflows, putting the fund on track to surpass the $1-billion mark imminently.
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August 21, 2024

Gold extends record rally on dollar weakness, rate-cut bets


Gold prices extended their record run, holding firm above the key $2,500 level, driven by a weaker dollar and growing investor confidence that the Federal Reserve will likely cut interest rates in September. The Gold-Dollar pair rose 0.4% in the last session. The Stochastic indicator is giving a positive signal.XAU/USD gained 0.4% in the last […]
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August 21, 2024

Bitcoin demand sharply declined since April


Demand for Bitcoin has been in a downtrend since April, approaching negative levels over the past few weeks. According to data analytics firm CryptoQuant, the apparent demand for the digital asset has dropped from a 30-day growth of 496,000 Bitcoin in April to a current negative growth of 25,000 BTC. The Bitcoin-Dollar pair fell 0.6% […]
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August 21, 2024

The last session saw the Pound gain 0.3%


The dollar fell to its lowest level since January as investors awaited revisions to U.S. payrolls data on Wednesday and Federal Reserve Chair Jerome Powell’s speech to the Jackson Hole economic conference in Wyoming later in the week. The last session saw the Pound gain 0.3% against the Dollar. The Ultimate Oscillator is giving a […]
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