Dec

High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before…

Bitcoin price rose to $70,000 briefly this week but faltered shortly after failing to maintain momentum and taking a sharp turn. At the time of writing, the world's largest cryptocurrency is trading at just over $67,000. However, with…

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some or all of your investment amount, and may not be suitable for all investors. Cryptocurrency prices are highly…

By Liangping Gao and Kevin YaoBEIJING (Reuters) -China's manufacturing activity shrank for a third straight month in December and weakened more than expected, clouding the outlook for the country's economic recovery and raising the case for…

China's Manufacturing PMI from the National Bureau of Statistics (NBS) for December has come in at its third straight month of contraction at 49.0, much worse than was expectedfrom 49.5 expected and 49.4 in NovemberServices at 50.4, a…

The year is working to an end, but before markets slow to a trickle next week, there was one more key economic release today. The headline and core PCE data - the favored inflation quide for the Fed - was released at 8:30 AM ET, and it…

Just like last year, the Christmas closures of 2023 are going to last longer than usual. The holiday falls on a Monday, meaning nothing much is going to be open until Tuesday morning. And if you’ve got banking business to take care of,…

Top Stories This Week BlackRock revises spot Bitcoin ETF to enable easier access for banks BlackRock has revised its spot Bitcoin exchange-traded fund (ETF) application to make it easier for Wall Street banks to…

After interest rate decisions from the Fed, Bank of England, and ECB, the market reaction is to sell the dollar. The Fed was considered more dovish. The Bank of England was more hawkish and the ECB was probably in between, but that has not…

The North American session was void of any key economic data although US employment trends did dip to 113.05 from 114.16. A new Fed survey of your head inflation dipped to 3.4% from 3.6% prior. Recall the Michigan consumer sentiment…