In the ever-changing landscape of cryptocurrencies, Bitcoin remains a focal point of interest. Recently, the price of Bitcoin has been caught in a challenging position, attempting to surpass significant resistance levels, particularly the $64,000 mark. This critical threshold has proven resilient, as technical analyses reveal that price movements have faced significant obstacles around $64,200, possibly
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The upcoming mayoral election in San Francisco is poised to be a pivotal moment for a city grappling with significant issues ranging from public safety to housing shortages. Reflecting broader urban challenges across the United States, the showdown in San Francisco may set a precedent for how cities can address the dual crises of crime
The recent ADP employment change report has significantly influenced market predictions regarding the Federal Reserve’s imminent monetary policy decisions, particularly concerning a potential rate cut in November. Initial forecasts anticipated a reduction of 50 basis points; however, the report revealed a stronger-than-expected increase in employment, with September figures showing a rise of 143,000 jobs compared
Japan is poised for a significant shift in economic management as Shigeru Ishiba, the newly appointed leader of the ruling Liberal Democratic Party (LDP), prepares to take office as the country’s prime minister. In a recent television appearance, Ishiba signaled a commitment to maintaining a generally loose monetary policy while expressing a measured openness to
The most recent CPI report from China for July has unveiled some interesting insights into the country’s economic situation. According to the report, headline inflation saw a modest increase of 0.3 points, rising to 0.5% in July. However, the core measure of inflation took a slight dip to 0.4% in July, down from 0.6% in
Cathie Wood, the Founder, CEO, and CIO of ARK Invest, recently made a compelling argument regarding the relationship between Treasury yields and the Fed Funds Rate. She suggested that based on the metal-to-gold ratio, the 10-year Treasury bond yield should be around 2% today, significantly lower than its current rate of 3.8%. This raises the