News and Blogs

On July 18, 2024, the European Central Bank (ECB) kept its interest rates unchanged, a decision aligned with market expectations.

Bitcoin is currently valued at around $64,000, having experienced a slight dip from recent peaks. Altcoins are showing mixed results, with some appreciating in value while others decline.

Gold has skyrocketed to a record high of $2,482 per ounce, driven by mounting hopes for a U.S. interest rate cut in September.

Macroeconomic indicators are statistical measures that provide insights into the overall health and performance of an economy.

The past week in the global financial markets was marked by a confluence of economic indicators, geopolitical events, and central bank activities.

The latest US Consumer Price Index (CPI) report revealed a surprising drop in inflation, with the June CPI decreasing by 0.1% month-on-month, marking the first decline in four years.

Technical indicators like the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and Stochastic Oscillator are essential tools in a trader's arsenal.

The psychological landscape of traders is a pivotal element in evaluating trends and countertrends.

Oil prices experienced a decline on Tuesday, primarily due to the reduced impact of Hurricane Beryl on U.S. oil infrastructure.

As we venture into the 2nd week of July, the global financial landscape is poised for significant shifts, driven by critical political events, key economic data releases, and impactful speeches from central bank leaders.