One of India’s biggest retail chains, Reliance Retail, announced that they have started accepting the digital rupee at one of its store lines and plans to extend the rollout to all its businesses. In a report by Tech Crunch, the company said central bank digital...
Oil shows relative strength as OPEC+ hold targets steady
The oil daily chart has moved from its weak area, between the lower blue and red bands, into its neutral zone, between the blue bands (vertical green rectangle). This activity is a relative movement towards strength. This relative strength is reflected in the hourly...Copper Constructive after its Best Month in Over a Year
Copper Analysis The US central bank runs its most aggressive tightening cycle in decades, with a series of historically large 75 basis points rate hikes. On Wednesday Chair Powell signaled a slower pace that could come “as soon as the December meeting” ,...
Latest Posts
Indian retail chain rolls out support for CBDC payments in stores: Report
read more
Binance delves into decentralized Web3 storage with BNB Greenfield
BNB Chain, a blockchain platform launched by crypto exchange Binance, revealed interest in building a blockchain-based Web3 infrastructure in its new BNB Greenfield white paper. The white paper explains it as a decentralized storage infrastructure within BNB Chain,...
Panamanian Crypto Bill Might Get a Second Wind in the Highest Court of the Country
The fate of the Panamanian crypto bill project, which was approved by the Panamanian National Assembly last year, now depends on the decision of the supreme court of the country. The sanction of the project, which was vetoed by President Laurentino Cortizo, is now in...
NAS100 Downbeat Ahead of the Fed and Big Tech Earnings
NAS100 Analysis This is a data-heavy week, with markets anticipating monetary policy decisions by three major central banks, with the US Fed kicking things off on Wednesday. Markets expect another moderation in the pace of tightening, as CME's FedWatch Tool projects a...
