Foreign Exchange Markets

A further 27% drop in the S&P 500 could be coming if inflation hawks are right, Goldman Sachs team warns

A further 27% drop in the S&P 500 could be coming if inflation hawks are right, Goldman Sachs team warns

Not exactly TGIF this Friday. What the sellside is slowly realizing is not just that the Fed is going to be aggressive in September after the latest shocking inflation figure, but that the central bank will have to keep rates higher, and for longer. The British pound GBPUSD, -0.72%, in some respects a proxy for …

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The Ethereum ''Merge'' Is Disrupting Crypto Trading And Lending. What to Know.

Ethereum’s ‘Merge’ Is Disrupting Crypto Trading and Lending

Text size Ethereum’s “Merge” is a hotly anticipated and long-awaited upgrade. Dreamstime Crypto markets linked to Ether are facing disruption as the blockchain network behind the world’s second-largest cryptocurrency nears the end of a critical upgrade. The final stage of Ethereum’s “Merge” is now about a week away. Expected to finish around Sept. 15, it …

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Bullish traders may love this remarkable contrarian signal

Bullish traders may love this remarkable contrarian signal

Chastened investors will be wary, however. It hasn’t benefited either bulls or bears of late to assume a march in either direction can be maintained for long without containing sharp reversals. For example, within the last six months the S&P 500 SPX, +0.70% has seen a 16% drop, then a 7% rally, followed by a …

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The Ethereum ''Merge'' Is Disrupting Crypto Trading And Lending. What to Know.

The Ethereum ”Merge” Is Disrupting Crypto Trading And Lending. What to Know.

Text size Ethereum’s “Merge” is a hotly anticipated and long-awaited upgrade. Dreamstime Crypto markets linked to Ether are facing disruption as the blockchain network behind the world’s second-largest cryptocurrency nears the end of a critical upgrade. The final stage of Ethereum’s “Merge” is now about a week away. Expected to finish around Sept. 15, it …

The Ethereum ”Merge” Is Disrupting Crypto Trading And Lending. What to Know. Read More »

Ethereum’s Big Moment Is Coming With ‘The Merge.’ What It Means for Crypto.

Ethereum’s Big Moment Is Coming With ‘The Merge.’ What It Means for Crypto.

If Bitcoin is crypto’s answer to gold, Ethereum is the closest thing it has to its own internet. Anyone who wants to mint a new token, launch a crypto app, or spend $150,000 on a Bored Ape nonfungible token, or NFT, probably uses the Ethereum network. More than $3 billion in transaction volume flows through …

Ethereum’s Big Moment Is Coming With ‘The Merge.’ What It Means for Crypto. Read More »

Bitcoin Keeps Falling. Why Friday Could Bring a Bounce.

Bitcoin Keeps Falling. Why Friday Could Bring a Bounce.

Text size Bitcoin prices tumbled last Friday and remained weak over the weekend. Ozan Kose/AFP via Getty Images Bitcoin and other cryptocurrencies were weaker on Monday, in line with the stock market, extending recent declines ahead of what could be a turbulent week of trading. The price of Bitcoin shed less than 1% over the …

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Here are 5 reasons that the bull run in stocks may be about to morph back into a bear market

Here are 5 reasons that the bull run in stocks may be about to morph back into a bear market

Some market gurus are starting to worry that the summer rally on Wall Street may be starting to fizzle, after stocks lurched from oversold to overbought. Gene Goldman, chief investment officer of Cetera Financial Group, explained that stocks are likely headed for a pullback, even though the economy is in better shape than many Americans …

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20 bank stocks expected to benefit the most from rising interest rates as the Federal Reserve fights inflation

20 bank stocks expected to benefit the most from rising interest rates as the Federal Reserve fights inflation

When companies report financial results, analysts tend to make comparisons to the year-earlier quarter. But there are times when sequential improvements can be telling. This is one of those times for small and mid-sized banks. Below is a screen that shows which U.S. banks are expected to show the greatest improvement in interest-rate spreads over …

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The red flag that preceded a halving of global equities in 2000 and 2007 is back, warns Citi

The red flag that preceded a halving of global equities in 2000 and 2007 is back, warns Citi

We are a day away from data that could prove a turning point for markets. If Wednesday’s CPI doesn’t reveal some slowing in prices, expectations will rise for a bigger Fed rate hike in September, possibly knocking stocks. But if it swings the other way, especially after surprisingly good jobs data, the view that things …

The red flag that preceded a halving of global equities in 2000 and 2007 is back, warns Citi Read More »