Markets

Bitcoin pauses as crypto traders await Fed decision. Prepare for volatility.

Bitcoin and other cryptocurrencies were paused on Wednesday as traders awaited a key interest rate decision from the Federal Reserve. After the best January for Bitcoin in a decade, bad news from the central bank has the potential to start February on a bad note. The price of Bitcoin has risen less than 1% in …

Bitcoin pauses as crypto traders await Fed decision. Prepare for volatility. Read More »

Gold demand hits 11-year high on ‘colossal’ central bank buying

Bars of 99.99% pure gold are placed in a work room at the Krastsvetmet precious metals factory in the Siberian city of Krasnoyarsk, Russia, January 31, 2023. Alexander Manzyuk | Reuters Gold demand hit an 11-year high in 2022 thanks to “colossal central bank buying, aided by vigorous buying by retail investors,” according to the …

Gold demand hits 11-year high on ‘colossal’ central bank buying Read More »

Central banks set to signal path of sliding interest rates in crucial week

A screen displays the Fed’s rate announcement as a trader works on the floor of the New York Stock Exchange (NYSE), November 2, 2022. Brendan McDermid | Reuters The US Federal Reserve, European Central Bank and Bank of England are all expected to raise interest rates again this week as they make their first policy …

Central banks set to signal path of sliding interest rates in crucial week Read More »

Stock futures fall as traders await latest Federal Reserve rate hike decision

Traders on the NYSE floor Source: NYSE Stock futures fell Tuesday night as investors anticipated Wednesday’s Federal Reserve meeting. Futures contracts linked to the Dow Jones Industrial Average lost 48 points or 0.14%. S&P 500 futures and Nasdaq Composite futures were down 0.20% and 0.37%, respectively. The moves come after stocks surged to end January …

Stock futures fall as traders await latest Federal Reserve rate hike decision Read More »

Asia-Pacific stocks, Fed, earnings, economic data

CNBC Pro: What a tech fund manager expects from Apple and Alphabet’s earnings this week Microsoft released a disappointing earnings forecast last week, but its stock has since risen. What does this mean for other Big Tech companies that should report earnings? Technology fund manager Jeremy Gleeson, who manages the £1.1 billion ($1.5 billion) AXA …

Asia-Pacific stocks, Fed, earnings, economic data Read More »

Most Adani stocks continue to lose; founder loses $28 billion in a month

Gautam Adani, chairman of Indian conglomerate Adani Group, at the World Congress of Accountants in Mumbai on November 2. 19, 2022. Founder Gautam Adani, Asia’s richest man and once second only to Elon Musk, has fallen among the world’s five richest to rank seventh on Bloomberg’s Billionaires Index. Indranil Mukherjee | AFP | Getty Images …

Most Adani stocks continue to lose; founder loses $28 billion in a month Read More »

China returns from New Year, CSI 300, New Zealand trade, Fed meeting

Visitors on the central street of Taipa village in Macao, China, on Wednesday January 1. 25, 2023. Tourism and spending are picking up in Macau as the Lunar New Year holiday spurred a surge in visitors after the easing of pandemic travel restrictions between the territory and mainland China. Bloomberg | Bloomberg | Getty Images …

China returns from New Year, CSI 300, New Zealand trade, Fed meeting Read More »

Stock futures were little changed ahead of the busy week of earnings, Fed meeting

Stock futures were quiet late Sunday as investors braced for a week of key corporate earnings and a possible Federal Reserve interest rate hike. Futures contracts linked to the Dow Jones Industrial Average slipped 29 points, or about 0.1%. S&P 500 futures fell 0.1% and Nasdaq 100 futures fell slightly 0.1%. Wall Street is coming …

Stock futures were little changed ahead of the busy week of earnings, Fed meeting Read More »

Charts suggest investors should bet on Dow Jones Industrial Average ‘workhorses’, says Jim Cramer

On Friday, CNBC’s Jim Cramer told investors to avoid Nasdaq Composite stocks and place their bets on names listed in the Dow Jones Industrial Average. “Even though tech started the new year well and it was crazy today, the rankings, as interpreted by Larry Williams, say be a little wary of the Nasdaq show horses …

Charts suggest investors should bet on Dow Jones Industrial Average ‘workhorses’, says Jim Cramer Read More »