Auto Added by WPeMatico

Gold Breaks $2,500 per Ounce, Reaching Historic Highs Powered by Fed’s Decision and Geopolitical Risks

Gold prices reached historic highs on August 1, breaking the $2,500 mark on the New York Comex exchange. The precious metal reached a price of $2,502.6 for the first time…

Continue ReadingGold Breaks $2,500 per Ounce, Reaching Historic Highs Powered by Fed’s Decision and Geopolitical Risks

Market Volatility Surges Amid Global Uncertainty, Says QCP Capital

Recent analysis from QCP Capital highlights the intensifying macroeconomic volatility, driven by various factors including equity market sell-offs, unwinding currency trades, and fluctuating commodity prices. QCP Capital’s researchers foresee further…

Continue ReadingMarket Volatility Surges Amid Global Uncertainty, Says QCP Capital

No Rate Cuts Yet: Fed Maintains Rates at Historic Highs 

The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report from the Federal Open Market Committee (FOMC). The committee…

Continue ReadingNo Rate Cuts Yet: Fed Maintains Rates at Historic Highs 

Crypto Fear and Greed Index Shows ‘Greed’ Despite Bitcoin’s Price Drop

While bitcoin briefly reached the $70,000 mark on July 29, the price has since declined. Over the past week, BTC has decreased by 0.6%. During the last 18 days, the…

Continue ReadingCrypto Fear and Greed Index Shows ‘Greed’ Despite Bitcoin’s Price Drop

All Eyes on the Fed: Steady Rates Anticipated, September Reduction Likely

The U.S. Federal Reserve is set to convene its monthly Federal Open Market Committee (FOMC) meeting to evaluate the state of the economy and determine if the central bank should…

Continue ReadingAll Eyes on the Fed: Steady Rates Anticipated, September Reduction Likely