US Dollar Weakness in the beginning of the week subdued activity across various markets, with investors awaiting the release of the US Consumer Price Index (CPI) on Tuesday. Amidst this backdrop, notable developments include continued weakness in the US dollar, Bitcoin surging to new record levels, and gold consolidating around recent highs. Let’s explore the …
US Dollar Weakness Persists, Bitcoin Hits a New All-Time High Read More »
US Dollar Gains has exhibited signs of resilience, marking a departure from its previous downward trajectory. This shift comes amidst anticipation surrounding the forthcoming US inflation data and its potential impact on monetary policy. Let’s delve into the factors influencing the US dollar’s recent movements and explore the setups on two major currency pairs: EUR/USD …
EU Finance Ministers convened recently to outline key priorities for establishing a Capital Markets Union (CMU) over the next five years. The overarching goal is to attract private capital to Europe, facilitating the financing of the continent’s transition to a “green” and digital economy. This strategic roadmap, endorsed by EU institutionsprovides a comprehensive framework for …
EU Finance Ministers Set Capital Markets Union Priorities Read More »
Goldman Sachs aims a subsidiary of the Goldman Sachs Group (GS.N), is embarking on an ambitious expansion plan, aiming to significantly increase its private credit portfolio. Marc Nachmann, Goldman’s global head of asset and wealth management, revealed plans to expand the private credit portfolio from the current $130 billion to an impressive $300 billion within …
Goldman Sachs aims to grow its private credit portfolio Read More »
Bitcoin Hovers Near enthusiasts and investors are once again witnessing a historic moment as Bitcoin, the pioneer cryptocurrency, continues its remarkable ascent. At the forefront of this surge is an unprecedented influx of capital pouring into the crypto market, alongside significant developments such as the introduction of Bitcoin exchange-traded funds (ETFs) and increasing institutional adoption. …
Bitcoin Hovers Near All-Time Peak as Crypto Draws Record Inflows Read More »
Forget Nvidia In the ever-evolving landscape of Wall Street, investors are constantly seeking the next big trend or innovation to capitalize on. Currently, one trend that has captured the attention of both professional and everyday investors alike is artificial intelligence (AI). AI involves the use of software and systems to handle tasks traditionally managed by …
Forget Nvidia: Billionaire Investors Are Selling It and Buying Read More »
Gold Declines prices have experienced a decline on Monday as the dollar strengthened against major currencies, signaling caution among investors ahead of crucial US inflation data. Analysts are closely monitoring these developments amidst expectations that the Federal Reserve may hold interest rates steady in March, particularly due to the persistent nature of inflationary pressures. Factors …
Gold Declines ahead of Crucial US Inflation Data Read More »
