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Tech stocks push the NASDAQ lower.
While banking concerns decreased and US consumers ignored the recent turmoil with higher confidence, higher Yields put the significant tech shares under pressure. Earlier today, the WSJ also reported that the Facebook owner plans to lower bonus pay f...
Is the pound poised for a long-term rally?
A week after the BoE meeting, while banking concerns are cooling down, BoE's Baily emphasized the need to control inflation—a day ahead of his testimony before parliament on issues related to the collapse of Silicon Valley Bank. In a speech at the Lo...
Bitcoin poised to rise still
Bitcoin traded in a range last week as price rally paused. The price is below $28,000 currently. Bitcoin price is still in consolidation mode midway between Fibonacci 161.8 and Fibonacci 261.8 levels. The RSI indicator left the overbought zone as the...
Will Shanghai upgrade & Shanghai Pudong Development lift the Ethereum?
With more than 46% gain in 2023, ETH proved itself one of the most trusted coins with a brighter future. Several factors can get attention to ETH, including the Shanghai upgrade and Hong Kong trying to become a crypto hub.Shanghai upgrade, supposed t...
Weekly Economic Outlook, 27-31 March
While investors will focus more on banking crises and central banks` measures, speakers in different countries will try to explain the situation in more detail. We will also have the European inflation numbers and the Fed`s favored measure of inflati...
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