Core PCE rose to 2.7%, pressuring the Fed’s rate path. Hot inflation data cuts rate-cut hopes, impacting USD, yields, and equity futures...
Posts published in “Asides”
Nike stock slipped after beating Q4 estimates, as traders remain cautious on its turnaround and the retail forecast across US stocks and Dow Jones indices...
The Israel-Iran truce fails to permanently reduce geo-political uncertainties weighing on an already subdued economic outlook for Europe, but the crisis’s impact on Europe’s economy is limited for now...
Natural gas prices tested new lows as traders reacted to the EIA report...
Wall Street ends higher on rate cuts, S&P 500, Nasdaq miss record highs
US Supreme Court backs South Carolina effort to defund Planned Parenthood
Global financial crime watchdog calls for action on crypto risks
Bessent asks Congress to drop 'retaliatory' tax as Republicans struggle to rewrite bill
Lutnick on Bloomberg TV: China deal inked 'two days ago'
The post Top Reasons Why Bitcoin Price May Retest $92k First Before Reaching $120k in the Midterm appeared first on Coinpedia Fintech News Bitcoin (BTC) price has experienced heightened resistance around $108k in the past few days amid the de-escalation of the Middle East crisis. The flagship coin dropped slightly to trade at about $107,472