InvestaFeed.com | Page 152 | Digital Currency, Stock Market, and Investment News from your Reliable Sources Channel

GBP/USD Inflation Trade: Bearish Cable Setup Contingent Upon Softer UK CPI

April’s CPI print for last year kicked off a period of hotter CPI. With markets now pricing in a 50% chance of a June cut, will the all-important April print move the odds?

Forex

21 May 2024

Nvidia’s Q1 Earnings: Record Results Driven by AI Chip Dominance?

Will NVIDIA’s Q1 earnings report propel the stock to another all-time high or even reach a four-digit price tag for the first time?

Forex

21 May 2024

Dow Drops Back While Nasdaq 100 hits new High, and Russell 2000 Pushes Towards April High

While the Dow is struggling to hold above 40,000, the Nasdaq 100 has hit a fresh high ahead of Nvidia earnings this week. The Russell 2000 is still below the April high

Forex

21 May 2024

British Pound Holds Near Two-Month Peaks Vs USD As Attention Grabbing CPI Looms

Sterling may not move far until Tuesday, when some weakness in domestic inflation is expected to be seen

Forex

21 May 2024

Euro Technical Analysis: EUR/USD Drifts Lower, EUR/GBP Looks for Support

The euro has been subdued in what was expected to be a quieter week. EUR/USD declines but remains within ascending channel. EUR/GBP eying support ahead of UK CPI

Forex

21 May 2024

BSP Welcomes UN Special Advocate Queen Máxima

PDate: 5/21/2024
Content: Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. (right) welcomes Her Majesty Queen Máxima of the Netherlands, in her capacity as the United Nations Secretary-General's Special Advocate for Inclusive Finance fo...

News

21 May 2024

Gold Price Outlook: Precious Metals Pullback from Intra-Day Highs

Gold achieved another all-time high as silver surpassed highs not seen since 2013. The precious metals eased thereafter as Fed officials distance themselves from rate cuts

Forex

20 May 2024

FTSE 100, DAX 40 and S&P 500 Head Back Towards Record Highs

Outlook on FTSE 100, DAX 40 and S&P 500 amid BoE and Fed talk

Forex

20 May 2024

BOP Posts US$639 Million Deficit in April 2024; End-April GIR Settles at US$102.6 Billion

PDate: 5/20/2024
Content: The country’s overall balance of payments (BOP) position posted a deficit of US$639 million in April 2024, higher than the US$148 million BOP deficit recorded in April 2023. The BOP deficit in April 2024 reflected outflows ar...

News

20 May 2024

PSE STAR-featured companies discuss financials and prospects in Q124

The Philippine Stock Exchange, Inc. (PSE) hosted the first quarter run of PSE STAR: Investor Day on May 15 and 16, 2024. The virtual event showcased live briefings of 12 publicly listed companies (PLCs) while another 15 PLCs joined through pre-recorded briefings. This edition of PSE STAR also published the maiden PSE Spotlight report for…

News

20 May 2024

Euro Struggles With $1.09 Cap But Finds Support in Risk Appetite

The week has got off to a subdued start for EUR/USD, with the Dollar likely to set the trading pace

Forex

20 May 2024

Aussie, Kiwi Dollar Outlook: AUD, NZD Price Setups Ahead of the RBNZ

AUD/USD bullish potential remains, and AUD/NZD bounces off a zone of support ahead of the Reserve Bank of New Zealand’s rate announcement and RBA minutes

Forex

20 May 2024

DTCC Smart NAV Pilot Utilizes Chainlink for Blockchain-Based Mutual Fund Data

The Depository Trust & Clearing Corporation (DTCC) has announced the successful completion of its Smart NAV pilot, leveraging Chainlink’s technology to enhance its Mutual Fund Profile Service I (MFPS I). The initiative aims to bring trusted d...

Cryptocurrency

20 May 2024

Novogratz Predicts Bitcoin Trading Between $55K-$75K This Quarter

Bitcoin is expected to trade within a narrow range this quarter, according to Michael Novogratz, founder of Galaxy Digital Holdings Ltd. “Bitcoin, ethereum and everything else, solana will consolidate,” he said last week, adding that it m...

Cryptocurrency

20 May 2024

Skybridge’s Scaramucci: Institutional Adoption of Bitcoin Is Happening Now

Anthony Scaramucci, founder of Skybridge Capital, believes that the institutional adoption of bitcoin is happening now. Highlighting recent developments like the State of Wisconsin Investment Board investing in Blackrock’s spot bitcoin exchange-...

Cryptocurrency

19 May 2024

Donald Trump Viewed as ‘America’s First Crypto President’ by Former CFTC Chairman

Former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo has emphasized former U.S. President Donald Trump’s critical role in the cryptocurrency industry, dubbing him “America’s first crypto president” due...

Cryptocurrency

19 May 2024

How to Choose the Right People as Beneficiary for Life Insurance Philippines

We’ve covered the general rules and Philippine laws on picking your beneficiaries in an earlier article. But frankly, you are not expected to know them when buying life insurance in the Philippines. It’s for need-only basi...

News

19 May 2024

US Congress Passes First Standalone Crypto Legislation

The U.S. Congress has passed its first standalone crypto legislation, which aims to overturn the controversial U.S. Securities and Exchange Commission (SEC)’s SAB 121 rules regarding crypto assets. However, President Joe Biden has threatened to v...

Cryptocurrency

19 May 2024

Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over 11,000 Miners to Face the Nation’s Energy Crisis

The Venezuelan National Power Ministry announced a special operation to disconnect all bitcoin mining farms from the grid. Authorities have seized over 11,000 bitcoin miners as the government seeks to reduce the power usage from high-power customers si...

Cryptocurrency

19 May 2024

Markets Week Ahead: Gold in Record Zone as EUR/USD, GBP/USD & Silver Break Out

The U.S. economic calendar will be relatively quiet in the coming week, allowing recent market movements to potentially consolidate. Meanwhile, the release of April inflation data in the UK could introduce increased volatility to UK assets.

Forex

19 May 2024

Over $23M in Casascius Bitcoins Redeemed in 2024, Leaving $2.7B Untouched

As of the latest data, 352.3 BTC valued at $23.5 million linked to Casascius physical bitcoins have been redeemed this year. Despite 155 physical bitcoin peels, an estimated $2.7 billion in value remains unclaimed and associated with these tangible ass...

Cryptocurrency

19 May 2024

Cryptoquant CEO Predicts Bull Run Midpoint as Bitcoin Recovers

The price of bitcoin experienced a challenging May, dipping below $60,000 to reach a low of $56,500 per unit on May 1, 2024. Currently valued at $66,900 per unit, bitcoin’s price is showing improvement as June approaches. The founder of the onch...

Cryptocurrency

19 May 2024

10 US Spot Bitcoin ETFs Absorbed 548,556 BTC Worth $36 Billion in 128 Days

According to recent data, the ten spot bitcoin exchange-traded funds (ETFs), excluding Grayscale’s Bitcoin Trust (GBTC), acquired 548,556.62 BTC from the market over the last 128 days. This acquisition means the ten newly introduced spot bitcoin...

Cryptocurrency

19 May 2024

Vitalik Buterin Outlines Improvements for Ethereum’s Decentralized Future

Ethereum co-founder Vitalik Buterin has proposed several enhancements aimed at improving the network’s permissionlessness and decentralization. The proposed changes focus on tackling issues such as miner extractable value (MEV), hardware require...

Cryptocurrency

19 May 2024