Bitcoin Hits New High Above $82K on Hopes of Trump’s Pro-Crypto Policies
Bitcoin has officially reached a new milestone, crossing the $82,000 mark for the first time in history. This remarkable price surge comes on the heels of Donald Trump’s election as President-elect, sparking optimism across the crypto market. The rally has...
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The Effects of Trump’s Victory on Financial Markets and Digital Currencies
The victory of Donald Trump and his allies in the 2024 U.S. election has had immediate and profound effects on financial markets, particularly in the crypto space, where it has triggered optimism and significant price spikes. As Trump’s numbers soared...
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What Is the Interest Rate and How Does It Affect Digital Currencies?
Interest rates play a significant role in the global economy, influencing borrowing, spending, and investment decisions worldwide. For digital currency investors, understanding interest rates and their economic implications can provide valuable insights into market trends. In this article, we’ll explore...
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U.S. Elections Market Impact: What Does History Show?
Every four years, U.S. presidential elections become focal points not only for political and social discussions but also for economic speculation. Investors closely watch these cycles, as election outcomes can impact fiscal policies, market regulations, and even the direction of...
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United States Non Farm Payrolls
In October 2024, the U.S. economy added only 12,000 jobs, a stark decline from September’s revised 223,000 and significantly below the anticipated 113,000. This marks the lowest job growth since December 2020, primarily influenced by strikes at Boeing and potentially...
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China Caixin Manufacturing PMI
The Caixin China General Manufacturing PMI for October 2024 showed encouraging signs for the manufacturing sector, rising to 50.3 from September’s 49.3. This increase not only exceeded market expectations of 49.7 but also indicates a welcome shift towards expansion in...
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Japan Manufacturing PMI
Japan’s au Jibun Bank Manufacturing PMI was revised up to 49.2 in October from an initial reading of 49.0, following September’s final figure of 49.7. Despite this slight increase, the PMI indicates a fourth consecutive month of contraction in factory...
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Australia Judo Bank Manufacturing PMI
Australia’s manufacturing sector faced continued challenges in October, with the Judo Bank Manufacturing PMI inching up slightly to 47.3 from September’s 46.7. This minor improvement still reflects a contraction in activity, marking the ninth consecutive month of decline. Reduced demand,...
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United States Core PCE Price Index
In September 2024, the US core Personal Consumption Expenditures (PCE) price index—a key inflation measure closely watched by the Federal Reserve—increased by 0.3% from the previous month. This represents the highest monthly rise in five months and aligns with market...
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Canada’s GDP Shows Modest Growth in September 2024
Canada’s GDP is expected to have grown by 0.3% in September 2024, showing positive momentum after a flat performance in August. Economic activity was notably bolstered by gains in finance, insurance, construction, and retail trade, helping offset weaknesses in areas...
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