Bitcoin: Currently trading at $60,814. Dipped below $61,000 after a significant accumulation by 5.42 million wallet addresses. Ethereum: Trading at $2,433, having fallen below the critical $2,500 level. Experienced net outflows of $48.6 million from ETFs. XRP: Currently at $0.5845, down over 2%
Reported at $9.82 billion, exceeding expectations of $9.77 billion. Net Income: Came in at $2.42 billion, surpassing the $2.24 billion estimate. Earnings Per Share (EPS): Reported at $5.40, beating the expected $5.18 Overall Performance: Strong quarterly results solidify Netflix's position as a
Israeli media has circulated a photo of Hamas leader Yahya Sinwar's body following his reported death in clashes in Rafah, Gaza. President Biden received a briefing on Israel's verification of Sinwar's death. The Israeli Minister of Defense is conducting security consultations with military officials
The European Central Bank (ECB) is likely to announce another rate cut soon, just five weeks after the last one. The euro (EUR) against the US dollar (USD) may face challenges in recovering. Further rate cuts from the ECB may be on the horizon, affecting currency dynamics. FXStreet Premium offers
Gold (XAU/USD) trading near record highs, recently closing above $2,670. Analysts predict potential rise to $2,700. The US Dollar is retreating, affecting gold prices positively. Market participants are awaiting US Retail Sales data for further price direction. China plans to increase credit for key projects, aiming for
The euro (EUR) has fallen sharply against the US dollar (USD), heading for its longest daily losing streak in a year. This marks the seventh consecutive session of decline for the EUR/USD pair. The European Central Bank (ECB) cut interest rates by 25 basis points to 3.40%, as
US retail sales data for September showed a 0.4% increase, surpassing market expectations of 0.3%. This marks the fourth consecutive month of better-than-expected retail sales growth. Core retail sales also exceeded forecasts, growing by 0.5% in August, compared to the expected 0.1%. The previous core sales
US retail sales for September exceeded market expectations for the fourth consecutive month. Retail sales grew by 0.4% in August, surpassing the expected 0.3% and up from the previous 0.1%. Core retail sales increased by 0.5% in August, significantly above the expected 0.1% and revised
Gold prices are near record highs, trading above $2,670. The US Dollar is retreating after previous gains linked to Trump victory optimism, amid ongoing concerns about China. Daily technical indicators suggest potential for further upside, with $2,700 as the next target. Gold is consolidating gains in Asian trading,
The European Central Bank (ECB) is anticipated to cut benchmark interest rates by 25 basis points at the October meeting. ECB President Christine Lagarde’s press conference will be closely watched for new policy insights. The upcoming policy announcements are expected to create volatility in the EUR/USD exchange rate.
Treasury Secretary Janet Yellen plans to warn that proposed tariffs by Donald Trump would increase inflation and harm businesses. Her remarks are scheduled for a speech to the Council on Foreign Relations. While not mentioning Trump directly, she will argue that broad tariffs supported by him and some Republicans could
Gold prices moved closer to record highs on Wednesday. This increase was helped by a drop in U.S. bond yields. Investors expect major central banks to cut interest rates. Ongoing geopolitical conflicts also boosted demand for gold as a safe-haven investment.