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...
SPX500 Analysis Tesla reported record revenues for the fourth quarter and full 2022 and overall solid financial results on Wednesday after markets closed , with CEO Elon Musk talking of a “fantastic year” during the earnings call . Furthermore, he...
Strong Financials Tesla Motors Inc announced strong results for the fourth quarter of 2022 on Wednesday January 25, after US markets closed, easily beating estimates. Its Revenue grew 37% year-over-year, to a record $24.318 billion, despite a $1.4 billion negative FX...
The NAS100 daily candlesticks are trading in their bullish channel between the upper blue and red bands. Yesterday’s candle has a lower shadow, connoting buying off the lows. The hourly chart also showing signs of strength. The trend-following EMAs have crossed...
FXCM’s big China tech basket (CHN.TECH) comprises: Alibaba Tencent Meituan Xiaomi Corp It has benefitted from signals that China’s regulatory clampdown of tech is being relaxed and from the loosening of China’s strict Covid-19 regulations. CHN.TECH...
Disney Ad-Supported Tier Disney’s latest financial results last month had disappointed markets, as both its top and bottom lines were worse on a quarterly basis. Subscriber figures in the ever important streaming services were impressive, allowing it to broaden...
A principal core engineer for the Dogecoin (DOGE) project says a new version of the blockchain’s utility-enhancing tool is about to launch. Dogecoin engineer Michi Lumin tells his 32,000 Twitter followers that Libdogecoin 0.1.2 is on its way, although no specific date...
Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s price seeing significant growth this year, its network’s gas fees have also seen a similar...
Bitcoin (BTC) fell prior to the Feb. 3 Wall Street open as fresh United States economic data came in “hot hot hot.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Think again” over U.S. recession Data from Cointelegraph Markets Pro and TradingView...
Russia-linked cryptocurrency exchange Bitzlato, seized by Western law enforcement, plans to relaunch and permit partial withdrawals, a co-founder announced. Members of the trading platform’s team also intend to relocate the business to the Russian Federation....