Cooling PPI and Rising Jobless Claims Shift Fed Rate Hike Outlook
Recent data shows a cooling Producer Price Index and rising jobless claims, indicating a potential delay in Fed rate hikes and affecting economic recovery.
Recent data shows a cooling Producer Price Index and rising jobless claims, indicating a potential delay in Fed rate hikes and affecting economic recovery.
Ukrainian forces have targeted a refinery in Russia's Urals, disrupting 151,000 barrels per day of oil output, impacting Russia's military funding.
Figure Technology's Q2 earnings quadrupled and revenue doubled year over year, showcasing blockchain's potential in financial services despite future risks.
Etherscan's partnership with GitMyABI aims to simplify smart contract development by converting verified contracts into npm packages, boosting Ethereum's
Reya's new fee structure, cutting taker fees and removing maker fees, may heighten competition among decentralized exchanges and alter market dynamics.
The Japanese government supports a near-term rate hike to stabilize the yen, which may lead to higher debt costs and impact global markets.
Oracle and Amazon Web Services have expanded their partnership to improve multicloud capabilities, promoting AI adoption and seamless data integration for
Strata Markets has introduced risk tranching for nOPAL, creating senior and junior tranches that offer tailored risk exposure for investors in DeFi.
Oil prices are declining due to a weaker demand outlook and increasing US stock levels, signaling potential challenges for the energy market.
Stellar's Protocol 26 and $3 billion in tokenized RWAs aim to reshape blockchain's impact in institutional finance, potentially challenging Ethereum's market
Nebius has partnered with Vantage Data Centers to enhance AI infrastructure in Wales, potentially boosting growth while increasing reliance on third-party
BitGo Holdings has added 74 Bitcoin in Q2, raising its corporate treasury to 2,523 BTC, highlighting its commitment to cryptocurrency as a core asset.
Bullish announces a $280 million net loss for Q2, despite achieving $92.6 million in adjusted revenue and record earnings from subscriptions and services.
US core inflation rose just 0.2% in July, reducing Fed rate hike pressure. Anthropic is reportedly negotiating a $6 billion purchase of Decart AI.
Gold prices have increased nearly 10% month-over-month as traders anticipate the upcoming Producer Price Index report, indicating potential market shifts.
Pendle's new USDC vault on Morpho aims to improve liquidity in the PT market, potentially attracting more stablecoin investors to DeFi.
Microsoft's closure of 15 offices in China underscores the difficulties foreign tech firms face, as the company shifts focus towards AI amid regulatory hurdles.
The EU is launching a strategy to convert €11 trillion in cash savings into investments, aiming to stimulate economic growth despite member state resistance.
The US dollar remains steady following recent inflation data that has reduced expectations for Federal Reserve interest rate hikes, impacting market sentiment.
Gold prices are approaching a critical resistance level that must be surpassed for a potential bullish trend to develop. Market watchers are closely monitoring