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Investors poured $2.3 billion into Bitcoin ETFs over the past five days. The expectation that the Fed will cut interest rates is fuelling bullish bets. Analysts call for Bitcoin to hit a price as high as $250,000 before year-end.
The U.S. central bank is widely expected to ease its monetary policy by 25 basis points on Wednesday after a series of economic indicators pointed to a worsening jobs market in the world's biggest economy. Investors are pricing in a total of 69.6 points
Strategists from Morgan Stanley, JPMorgan Chase & Co. and Oppenheimer Asset Management warned that a more cautious tone may replace the bullish mood as investors focus instead on a potential economic slowdown. Investors are also still trying to gauge the
China's regulators said Nvidia broke antitrust laws amid ongoing US-China semiconductor industry tensions.
Standard Chartered expects the US to cut interest rates by half a percentage point this week to initiate a rate-reduction cycle that will last into next year, a move that is set to shore up investor sentiment in Hong Kong and other markets, according to a
The S&P 500 Index has surged 32% since President Donald Trump first outlined his onslaught of global levies in April, with most forecasters expecting further gains before year-end. While Trump’s tariffs weigh on business confidence and are slowly creepin
With the Federal Reserve’s highly anticipated rate cut decision drawing close, experts remain bullish on Bitcoin in the long run.
Here's a rundown of the major economic reports coming this week.
Domestic and overseas sales continued to rise strongly.
PARIS (Reuters) -France has warned it may try to block some crypto firms licenced in other EU countries from operating domestically as part of a push to get oversight transferred to the bloc’s central securities regulator, the head of its financial watchd
JPMorgan Asset Management's Bob Michele says the US and global economies are doing \\
China ruled that Nvidia violated anti-monopoly laws after concluding a preliminary investigation, ratcheting up the pressure on Washington during sensitive trade negotiations. Bloomberg's James Mayger reports.
The US chipmaker was found in violation of antitrust regulations, the State Administration for Market Regulation said in a one-sentence statement, without elaborating. Nvidia’s shares fell 2.6% in pre-market trading.
The Fed is widely expected to make its first interest rate cut of 2025 this week, but the bigger question is how many more cuts could be on the way as the central bank contends with a weak job market, sticky inflation, and mounting White House pressure.
The Fed is widely expected to make its first interest rate cut of 2025 this week, but the bigger question is how many more cuts could be on the way as the central bank contends with a weak job market, sticky inflation, and mounting White House pressure.