Bitcoin Holds Steady Amid Hacker Arrest and India’s Reserve Proposal
While crypto markets were hit with two major headlines, the arrest of a notorious BreachForums hacker and India’s proposal to establish national Bitcoin reserves, Bitcoin Holds Steady, with its price showing minimal volatility on Friday and hovering around $107,600. This...
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Gold Falls as Iran-Israel Ceasefire Holds
Gold Falls as prices dropped on Friday due to fading investor demand for safe-haven assets following a ceasefire between Iran and Israel. Attention has now shifted toward key U.S. inflation data, particularly the Core PCE index, which could influence Federal...
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European Markets Rebound as Ceasefire and Trade Talks Boost Confidence
After weeks of uncertainty due to Middle East tensions and US, China tariff disputes, investors are finally breathing a sigh of relief. A ceasefire agreement between Iran and Israel, along with positive signals from global trade negotiations, helped restore calm...
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U.S. Economy Contracts 0.5% in Q1 2025
The U.S. economy shrank by 0.5% in the first quarter of 2025, marking the first quarterly contraction since the pandemic-driven collapse in early 2020. This deeper-than-expected decline reflects a broad-based slowdown in domestic demand, trade activity, and government spending —...
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U.S. Factory Orders Soar in May 2025
The U.S. manufacturing sector just posted its strongest growth in over a decade, as factory orders jumped 16.4% in May 2025, far surpassing market expectations of 8.5%. This surprise surge was primarily fueled by a massive increase in civilian aircraft...
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