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Wednesday 28 July 2021
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Archives post

Daily U.S. Session Watchlist: GBP/USD

The lack of top-tier releases over the next few hours might just be enough to keep Cable inside its range. Do you think this support level...

Daily Asia-London Sessions Watchlist: EUR/AUD

Will EUR/AUD bulls continue the upside break with the economic events ahead from both Australia and Europe? 

Grayscale Investments Launches Defi Fund — Now Offers 15 Crypto Investment Products

Grayscale Investments has launched a decentralized finance (defi) fund. The new defi fund is the crypto asset manager’s 15th...

Elon Musk Reaffirms Support for Dogecoin, Changes Profile Picture — DOGE Trading Volumes Jumped 1,250% in Q2

Tesla and Spacex CEO Elon Musk has continued to tweet about the meme cryptocurrency dogecoin. He has changed his profile image on Twitter...

Investment Advisor Says Bitcoin Is ‘Very Dangerous to Hold Today’ Citing Warnings by Regulators

Investment advisor and former Prudent Bear Fund manager David Tice has warned about investing in bitcoin. Citing “negative...

Increase In Covid Cases Cause Airline Stocks To Plunge

Airline stocks are tumbling today following news that Covid-19 Delta cases are rising in the US, and restrictions are being reinstated in...

European Equities: German Wholesale Inflation in Focus Following the Monday Rout

After a Monday’s sell-off, wholesale inflation figures from Germany will be in focus going into the European open. Another spike could...

RBA Minutes Put the Aussie Dollar in Focus ahead of German Wholesale Inflation Numbers

It’s a quiet day on the economic calendar, with wholesale inflation figures due out from Germany. On the monetary policy front, the RBA...

Japanese Yen Forecast: USD/JPY Falls with Treasury Yields on Haven Flows

A breakdown in market sentiment sent haven flows into the Japanese Yen along with Treasuries as a new wave of Covid causes investors to...

Pershing Square SPAC Deal With Universal Music Group Falls Through

Bill Ackman’s Pershing Square Tontine acquisition vehicle backed out of a potential SPAC merger on Monday citing SEC scrutiny.