European stocks closed higher on Thursday as an interest rate cut by the Bank of England (BoE), and some encouraging earnings updates and economic data helped underpin sentiment. Investors looked ahead to the Federal Reserves monetary policy announcement, due later in the day. The Bank of England reduced its benchmark rate for the second time...
Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, after the US Fed delivered the widely expected decision to lower interest rates by a quarter point and signaled no intention to skip cutting rates. The Bank of England also cut interest rates. Asian markets ended mixed on...
Indian shares were moving in a narrow range on Friday despite positive cues from global markets after the Federal Reserve and the Bank of England cut interest rates as expected. The benchmark S&P/BSE Sensex was little changed at 79,492, recouping some earlier losses. The broader NSE Nifty index was down 19 points at 24,180. Lupin,...
European stocks may edge higher at open on Friday as investors await details of Chinas forthcoming stimulus at the conclusion of a week-long session of Chinas top legislative body, the National Peoples Congress (NPC) Standing Committee, later in the day. Possible measures may include support for local government debt and consumer spending. The U.S. economic...
Preliminary data released by the University of Michigan on Friday showed consumer sentiment has improved by more than expected in the month of November. The University of Michigan said its consumer sentiment index climbed to 73.0 in November from 70.5 in October. Economists had expected the index to inch up to 71.0. With the bigger...
DOGS consolidates above support with a strong 6X leveraged trade setup, signaling bullish potential.Community support and token burn strategies bolster DOGS’ upward momentum in the market. DOGS token is now gaining traction in the cryptocurrency market and has tremendous bullish potential. Popular crypto analyst Alan Santana on TradingView says, “DOGS is ultra-bullish right now, with...
Market experts have advised Bitcoin investors against selling their coins early.With Bitcoin price surging past the $100,000 milestone, many believe it is just getting started. Bitcoin (BTC) has reinforced its position as the ultimate leader in the crypto market as it crosses the highly anticipated $100,000 milestone. Amid enthusiasm surrounding the market, crypto expert Ki...
Just as Donald Trump used to be skeptical about Bitcoin, Russian President Vladimir Putin, who previously shared similar doubts, has now accepted that Bitcoin cannot be stopped.Putin’s pro-Bitcoin stance reflects a significant transformation in Russia’s financial policy, where the country aims to leverage the advantages of cryptocurrency. Russian President Vladimir Putin has acknowledged the growing...
Cathie Wood believes Bitcoin’s decentralized nature makes it a stronger asset than gold in the digital era.Jerome Powell compares Bitcoin to digital gold, emphasizing its role as a store of value in a growing market. CEO of ARK Invest, Cathie Wood, has underlined once more her conviction that Bitcoin has more value and relevance than...
Donald Trump, the 47th president of the U.S., has appointed David Sacks, the former PayPal COO, as his lead policy adviser on artificial intelligence and crypto.In the announcement, Trump stated that part of Sacks’ responsibilities would be to protect online speech and lead the Presidential Council of Advisors on Science and Technology. David Sacks, recognized...