US Business Inventories See Impressive 0.2% Uptoick in May, Demonstrating Dynamic Growth!
Inventory Levels Rise in Businesses: An Overview In the month of May, business inventories rose by 0.2% according to government official data. Business inventories refer to the unsold products that a company has in stock. It represents the physical goods or products that are awaiting sales. The increase in inventories indicates a rise in unsold […]
“Kusama (KSM) Dominates May with Unprecedented Development Surge: Leading the Crypto Industry!”
Santiment, the blockchain intelligence firm, recently tweeted the most noteworthy projects in terms of Github commits over the past month. Ethereum (ETH), Cardano (ADA), and ChainLink (LINK) made the list, but the top spot went to Kusama (KSM), boasting the highest development activity in the last 30 days. Projects with the most development activity (Source: […]
“82% Odds of May Rate Hike: Waller’s Comments Send 2-Year Treasury Soaring to 4.08%”
Traders are now predicting an 82.3% likelihood of a 25-basis-point rate hike by the Federal Reserve in May, following comments from Governor Christopher Waller suggesting a need for continued increases in borrowing costs. If implemented, the rate hike would bring the fed funds rate target to a range of 5% to 5.25%. In tandem, market […]
“After March CPI, Traders Bet on Increased Odds of Fed Pause in May: Market Watch”
Futures traders have priced in a higher likelihood of the Federal Reserve pausing on an interest rate hike next month after data showed US consumer prices rose more slowly in March. The chance of a pause in May which would leave the federal funds rate between 4.75% and 5% was seen at 32.8% up from […]
“Job Market Soars, Fed’s 0.25% Rate Hike in May to Boost Economy Further!”
Despite the ongoing uncertainties brought on by the COVID-19 pandemic, the job market in the United States appears to be on the right track, both in terms of overall job creation and the recovery of sectors hardest hit by the crisis. By safely reopening the economy and stimulating further growth, the Federal Reserve may be […]
“OPEC+ Move Triggers 58% Odds for Quarter-Point Fed Rate Hike in May – Traders Buzzing!”
The world of financial markets offers various opportunities for investment enthusiasts, particularly in equities, forex, and cryptocurrencies. Understanding each will help you brew a more diversified portfolio, while also increasing your chances of generating consistent returns. To get started, let’s unravel the intricacies of each market and explore the winning strategies used by experts. Equities: […]