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Crypto’s week of horror ends in a new 18 month low

As the week comes to an end, many cryptocurrency investors grow increasingly nervous. This emotional sentiment has resulted in bitcoin’s new 18 month’s low price, since December 2020. It has also caused a well known crypto company, Celsius, to suspend client’s withdrawals. Bitcoin started the week at $27,000 USD which was a 10% decreas...

June 17, 2022
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Bitcoin and Crypto Outlook

November 2021, cryptos are regularly making all-time highs amid a mania like euphoria that increased institutional uptake and a newly launched ETF that crypto traders believed would  drive prices even higher towards some of the uber bulls loftier 2021 targets. Two months is a long time in the crypto world and they have lived up to their volatile r...

January 25, 2022
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Week Ahead: Equities remain jittery as inflation fears remain, Crypto crashes

Equity Markets US equity markets are coming off a mixed week. The S&P 500 registered a second straight down week for the first time since February, while the Dow posted its fourth negative week in five. The NASDAQ gained 0.31% last week after a 4 week losing streak as dip buyers finally appeared to snap up beaten-down tech stocks. Analysts ...

May 24, 2021
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European and US markets hit all time highs, Bitcoin breaks out, the Dollar slides

Equity markets US stocks jumped overnight to reach record levels as stronger than expected print on retail sales and a sharp improvement in the number of new jobless claims cheered the investors. Source: Yahoo Finance US reporting season kicked off this week with impressive results so far from Finance heavyweights JP Morgan, Goldman, BOA and...

April 16, 2021
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Rising yields have markets seesawing, US dollar rising

  Equity markets US markets dropped sharply overnight as inflation fears returned on the back of Treasury yields hitting their highest levels in more than a year. Investors are concerned the Federal Reserve will allow inflation to accelerate, after Wednesday’s policy meeting where they reaffirmed their commitment to easy money policies....

March 19, 2021
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DOW hits all time highs, Nikkei back to bubble era prices and Bitcoin’s wild ride.

  Going into the month’s last day of trading, Global markets have performed well despite a sell off this week. Continued hopes that we’re on a path to economic recovery, with COVID vaccines rolling out and the subsequent drop in cases, have supported markets and drawn in investors. Global Equities Major US Indices all saw record highs...

February 26, 2021
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US markets again hit all time highs and Gold loses its lustre

Equity markets US markets dipped last night with the Dow finishing down for the first time in 4 sessions. This came as the streak of better-than-expected economic data came to an end with initial jobless claims unexpectedly jumping to a one-month high last week. Retail giant and Dow 30 component Walmart (WMT) also weighed on the index dro...

February 19, 2021
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Week Ahead: All time highs for US markets, China drives oil rally and Bitcoin boost.

World equity markets finished modestly positive for a week sparse of economic news. US markets again hit all time highs on the back of strong corporate earnings, continued optimism in fiscal stimulus and COVID progress as the US infection rate eased to its lowest level since October. Equity Markets US The NASDAQ outperformed with T...

February 15, 2021
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Stimulus euphoria leads to all time highs, a new US administration and Bitcoin bust

We had an eventful week on global markets with the inauguration of a new US administration and a dovish stance from the European Central bank fuelling hopes of extended fiscal stimulus in the new year. Equity markets Risk appetite got a boost this week from a push by US authorities for nearly $2 trillion in additional spending and plans to jumpst...

January 22, 2021
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Week Ahead: Equity markets take a breather, US dollar strength and Crypto pullback

Major Indices took a breather last week, with US equity markets closing down more than 1% after posting record highs the week prior. In economic news, the incoming US administration announced a $1.9 USD trillion fiscal-stimulus plan that aims to counter the effects of COVID-19 and support markets as recent weak economic figures are indicating the...

January 18, 2021
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