Cryptocurrency
forex news calendar
forex news calendar
Today’s Important Developments 08.03.2024
On the second day of his presentation on the semi-annual Monetary Policy Report, Fed President Jerome Powell stated that they wanted to make sure that inflation fell to the target in order to start reducing interest rates, and said, “When we gain this confidence, it will be appropriate to start reducing interest rates.” The Fed’s […]
Today’s Important Developments 07.03.2024
Fed Chairman Jerome Powell gave the message in his speech to the US House of Representatives that the Fed will not rush to cut interest rates. Minneapolis Fed President Neel Kashkari signaled that the strong economic data since the beginning of the year would prompt the Fed to cut interest rates at most twice this […]
Today’s Important Developments 06.03.2024
Factory orders in the US decreased by 3.6 percent in January, more than market expectations. In the USA, the Institute for Supply Management (ISM) service sector Purchasing Managers’ Index (PMI) decreased by 0.8 points on a monthly basis to 52.6 in February, falling below market expectations. The U.S. dollar was steady on Wednesday as Federal […]
Today’s Important Developments 05.03.2024
Atlanta Fed President Raphael Bostic said that the Fed expects to pause interest rate cuts at the next meeting after only one interest rate cut in the third quarter. Gold remained flat after reaching a near-record level on interest rate cut speculation. It remained stable in Asia after rising to near record highs in the […]
Today’s Important Developments 04.03.2024
Bitcoin retested above the $64,000 level early this morning. Saudi Arabia, Russia and some OPEC+ producers extended voluntary crude oil supply cuts until the end of June. Oil remained steady near this year’s highest level after OPEC+ extended production cuts and progress toward a ceasefire in Gaza stalled. Russian Deputy Prime Minister Aleksandr Novak announced […]
Today’s Important Developments 01.03.2024
San Francisco Fed President Mary Daly, Atlanta Fed President Raphael Bostic and Chicago Fed President Austan Goolsbee gave messages about the interest rate cut and the course of inflation. The core PCE data, which the Fed monitors carefully in terms of price movements in the USA, has been announced. Although the data came in line […]
Today’s Important Developments 29.02.2024
It was reported that Coinbase, the major US cryptocurrency exchange, experienced a series of technical problems due to the increased transaction traffic as the cryptocurrency Bitcoin rose above 60 thousand dollars. While the average interest rate for a 30-year mortgage (home loan) in the USA remained above 7 percent, mortgage applications continued to decline. European […]
Today’s Important Developments 28.02.2024
The Conference Board Consumer Confidence Index in the USA fell to 106.7 in February, with a monthly decrease of 4.2 points. Consumer Confidence, which was below expectations, was predicted to reach 114.8 in this period. Consumer Confidence Index in the USA was calculated as 110.9 in January. The US Department of Commerce announced durable goods […]
Today’s Important Developments 27.02.2024
European Central Bank (ECB) President Christine Lagarde spoke about the ECB Annual Report at the European Parliament (EP) General Assembly session held in Strasbourg. Reminding that the Euro Zone faced serious negativities due to a series of shocks that increased inflation to very high levels after the recovery after the Covid-19 epidemic, Lagarde said that […]
Today’s Important Developments 26.02.2024
Global markets will experience an intense flow of data this week, especially the inflation indicator, which is closely followed by the Fed. In the first pricing of the busy data week, the decline in Chinese indices attracted attention. Former US President Donald Trump won the primary elections in South Carolina, the state of his Republican […]
