Economy

Economy
Economy

Bitcoin slides towards $85K: key levels to watch before you hit sell

Bitcoin slid back towards $85,000 on Tuesday after another attempt to break above $87,000 failed, leaving traders caught between a still-supportive recovery and increasingly stubborn resistance. BTC was trading around $85,500 to $85,600 on October 6 after sellers rejected $87,000 for the third time since September 23. The pullback is still modest, but repeated failures

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Economy

HYPE eyes $100 after Bloomberg Terminal listing and fresh $14.6M buyback fuel

Hyperliquid announced Monday that it received a $14.58 million USDC payment under its Aligned Quote Asset v2 framework, known as AQAv2. The payment is the first distribution of yield generated on USDC reserves held within the Hyperliquid ecosystem.  It introduces another funding source for HYPE buybacks alongside the trading fees that have historically provided most

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Economy

Crypto price predictions today: LayerZero, Midnight, Pi Network

The crypto market held steady during the weekend as Bitcoin and other tokens remained in a narrow range. Prices have done well after the US published a weak nonfarm payrolls (NFP) report on Friday. This article looks at some of the top trending tokens today, including LayerZero (ZRO), Midnight (NIGHT), and Pi Network (PI). LayerZero

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Economy

Brent crude oil price forecast amid US-Iran escalation fears

Brent crude oil price continued rising last week, even after the US coordinated another release of strategic petroleum reserves by G7 countries. It ended the week at $102.60, its highest level since September 23rd. This rebound may continue as odds that the US and Iran will escalate in October rise. Odds of US and Iran

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Economy

Goldman Sachs explains why it is bullish on Nu Holdings stock

Nu Holdings stock has pulled back sharply in recent months, falling from a high of $18.95 in January to around $13.43 today. Despite the decline, the long-term growth story remains intact, supported by the company’s expanding customer base, strong presence in Brazil, and continued push into other Latin American markets such as Mexico and Colombia.

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Economy

AMD stock gains 3%, here’s why

AMD stock gained 3% on Friday as technology shares rallied following weaker-than-expected US employment data that reduced expectations for another Federal Reserve interest-rate hike. The US economy added 29,000 jobs in September, the nonfarm payrolls report showed, while the unemployment rate rose to 4.2%. The Dow Jones consensus had expected payrolls to increase by 84,000,

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Economy

Goldman Sachs names four ‘must own’ European stocks for 2027

Goldman Sachs has overhauled its flagship European Conviction List – Directors’ Cut this month, spotlighting key investment opportunities across the continent heading into 2027. Marking the list’s three-year anniversary, the Wall Street titan added four high-conviction equities while rotating out former favorites Naturgy, Norsk Hydro, and Smith & Nephew. Highlighting six picks with projected returns

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Economy

How Fed hike odds plunged from 70% to 20% in one week

The Federal Reserve entered this week facing a market that had been pricing a meaningful chance of another interest-rate hike in October. Five trading days later, that bet has almost disappeared. Markets were pricing roughly a 70% probability of a 25-basis-point increase at the Fed’s October 27-28 meeting on Monday, September 28, according to CME

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Economy

US’ low-hire, low-fire labour market: why jobs are scarce but layoffs remain low

The latest US employment data has revived an increasingly familiar description of the US labour market: low hire, low fire. It is an unusual combination. Employers are adding very few workers, but they are also not cutting existing staff at a pace typically associated with such weak hiring. The result is a labour market that

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Economy

AMD stock gains 3%, here’s why

AMD stock gained 3% on Friday as technology shares rallied following weaker-than-expected US employment data that reduced expectations for another Federal Reserve interest-rate hike. The US economy added 29,000 jobs in September, the nonfarm payrolls report showed, while the unemployment rate rose to 4.2%. The Dow Jones consensus had expected payrolls to increase by 84,000,

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