Ethereum Rally Moves Up a Notch

Market picture The crypto market has been going around in circles since 13 January, staying near levels 24 hours ago, although Bitcoin’s intraday range exceeded 3.5%. Reaching the highs of the recent trading range triggered a methodical sell-off early on Wednesday and quickly spread to the major altcoins. Bitcoin made local highs late on Tuesday, […]

Gold turns up again after brutal downfall Short-term risk is positive, but caution required near 2,430-2,438 US S&P Global PMIs could generate fresh volatility at 13:45 GMT Gold found fresh buying interest after its aggressive pullback from a record high of 2,483 paused at 2,383. The precious metal is currently looking to gain more ground following its close […]

In focus today The annual Jackson Hole Economic Policy Symposium organized by the Kansas City Fed continues today and runs until Saturday. Today markets pay the closest attention to the Fed chair Powell’s speech which is due at 16.00 CET. Markets pay close attention to Powell’s assessment of the current state and monetary policy, and […]