Month: August 2022

The US stocks opened higher, traded negative, recovered back into positive terrritory and is now back in the red. The declines are led by the Dow 30 with Salesforce, Caterpillar and Chevron moving lower the worst performers Crowdstrike which reported better than expected results after the close last night are nevertheless down -5.26% highlighting the
Market picture Bitcoin has stopped falling but has still not managed to gain strength to rise, remaining near $20K. Ethereum remains more interesting for buyers, increasing 1.6% overnight to above $1600. Top altcoins showed mixed dynamics: from a decline of 1.3% (Dogecoin) to a rise of 2.2% (Cardano). Total crypto market capitalisation, according to CoinMarketCap,
<ul><li>BOJ decided to maintain easy policy bias in July</li><li style="" class="text-align-justify">Will discuss in September on whether to continue doing so based on available data at the time</li></ul><p>She already stated her preference earlier in the day <a href="https://www.forexlive.com/centralbank/bojs-nakagawa-says-the-bank-much-continue-easing-20220831/" target="_blank">here</a> and in any case, there will be little doubt that the BOJ will maintain its current policy
<p>Greg had the info as it hit ICYMI:</p><ul><li><a href="https://www.forexlive.com/centralbank/feds-barkin-i-dont-expect-inflation-to-come-down-predictably-20220830/" class="article-link">Fed's Barkin: I don't expect inflation to come down predictably</a></li></ul><ul><li><a href="https://www.forexlive.com/centralbank/more-from-feds-barkin-interest-rates-will-need-to-be-restrictive-20220830/" class="article-link">More from Fed's Barkin: Interest rates will need to be restrictive</a></li></ul><ul class="text-align-start vertical-align-baseline"><li class="vertical-align-baseline"><a href="https://www.forexlive.com/centralbank/feds-williams-inflation-is-still-way-too-high-20220830/" class="article-link vertical-align-baseline">Fed's Williams: Inflation is still way too high</a></li><li><a href="https://www.forexlive.com/centralbank/feds-bostic-slowing-inflation-may-give-us-a-reason-to-slow-interest-rate-hikes-20220830/" class="article-link">Fed's Bostic: Slowing inflation may give us a reason to
Market picture Bitcoin managed to claw its way to a meaningful round level early in the week, trading at $20,400 on Tuesday morning (+2.8% in 24 hours). Ethereum showed an even more decisive rebound, adding 8.5% at once to $1580. Top altcoins are up 3.5% (Dogecoin) to 7.1% (Solana). Total cryptocurrency market capitalisation, according to