Fundamental view: Bitcoin has enjoyed a strong rally in the last week as macro trends have favored its growth. The rally comes as an increasing number of investors, both within crypto and out of crypto, have realized there is a growing fundamental value in owning Bitcoin. Friday’s U.S. presidential debates may have their own effect [...]
Gold prices fell on Friday, weighed by a stronger dollar, as investors kept a close watch on the final U.S. presidential election debate and sought further clarity on a corona virus aid package. U.S. House Speaker Nancy Pelosi on Thursday said negotiators were making progress in talks with the White House over a new corona [...]
Australian shares fell on Thursday, weighed down by energy and financial stocks, as talks on a new U.S. fiscal coronavirus aid package dragged on, raising fears of a delayed deal. The S&P/ASX 200 index.AXJO fell 1.5% in intraday trade before miners helped it recoup some of the losses to settle 0.3% lower at 6,173.80, its [...]
The cost of living in the UK as represented by the Consumer Price Index (CPI) for September month is due on Wednesday at 06:00 GMT. The key inflation data will pave the way for market forecasts despite the current Brexit drama and the US stimulus headlines that dim the charm of the crucial economic releases. [...]
