Quick Take European stocks and banks continue to head lower as news on Credit Suisse. Swiss National Bank says no comment on Credit Suisse after bank stock drops 20%. The list below shows all the top ...
Tag: Markets
Positive Economic Data And Important News From Alibaba & Baidu As Markets Face European Bank Headwind
China Last Night KraneShares Key News Asian equity markets rebounded overnight, less so India, as Silicon Valley Bank (SVB) contagion fears receded. This morning, European markets and banks sold off s...
European Stocks, US Futures Slip on Rate-Hike Bets: Markets Wrap
(Bloomberg) — Stocks in Europe declined amid disappointing results from large clothing retailers and worries over Credit Suisse Group AG. US equity futures edged lower and short-end Treasury yie...
‘I Would Sell My Bitcoin Right Into This Rally’ – Markets and Prices Bitcoin News
The host of Mad Money, Jim Cramer, says he would still sell bitcoin despite the failures of major banks and growing public distrust in the banking system and the Federal Reserve. “Bitcoin is a strange...
Elon Musk and DOGE Creator ‘Reveal Secret’ of Modern Financial Markets – Is Dogecoin the Answer?
Yuri Molchan Elon Musk and Dogecoin co-creator discussing current state of financial markets Contents Here’s what’s been happening recently U.S. gov bails out Signature Bank, Bitcoin surge...
Pandemic cash creation lifted markets, now small banks and crypto are in limbo
The views and opinions expressed here belong solely to the author. The COVID-19 pandemic caused governments and central banks to create a lot of new money, which had a significant impact on the bankin...
Crypto Markets after the Luna and FTX crash
The first notable factor to emerge from Bitfinex Alpha‘s weekly report is that despite the implosion of the Terra Luna ecosystem and the collapse of FTX, there is still strength rising in the crypto m...
CPI Moves Markets Green, For Now
After a bleak weekend for markets fearful of the ongoing banking crisis, equities and cryptos saw a mild turnaround Tuesday on promising inflation data that may signal a more dovish Federal Reserve ne...
Pokémon: arriving in crypto and NFT markets?
A number of job ads from The Pokémon Company related to NFTs, crypto, and metaverse have recently been posted online. This suggests that the company may be making a move into the crypto markets. Pokém...
Short sellers lose over $200M with crypto market’s continued rally
Ad Short sellers hit significant losses as the crypto market’s continued rally has liquidated over $200 million in positions against the industry, according to Coinglass data. Over the last 24 hours, ...
Crypto and Stock Markets Might Crash Within Days: Warns Larry Mcdonald
The second-largest stablecoin, USDC, from Circle Internet Finance, which has a $42 billion market valuation, de-pegged from the dollar as a result of the Silicon Valley Bank collapse. The price of the...
Regional bank stock plunge creating key entry point for investors, top analyst says
The dramatic drop in regional bank stocks is a key entry point for investors, according to analyst Christopher Marinac. Marinac, who serves as Director of Research at Janney Montgomery Scott, believes...
Whiplash Hits Crypto Markets Due to Recent Turmoil
The most dramatic week in technology and banking ended with crypto markets up on Monday. The wider industry is suffering from a serious case of whiplash. There’s whiplash, and then there’s whiplash. T...
Evercore warns SVB fallout will force new market low
Evercore ISI is comparing the bank stress to another critical time on Wall Street: The year of the savings and loan crisis and epic crash. “To think you would see financial stress of this kind d...
Fed rate expectations flip as US inflation data may take backseat to banking tumult
Crypto prices soared throughout the day as the turmoil in U.S. regional banking continued and interest rate hike expectations were recalibrated. The target rate probability of no increase next ...
Bitcoin Whales Move $865,000,000 in BTC As Markets Fly – Here’s Where the Crypto Is Now
Some of the biggest Bitcoin whales in existence are moving around hundreds of millions of dollars worth of BTC as crypto markets rally to start the week. Spotted by blockchain tracking service Whale A...
Stocks moving big after hours: GTLB, UAL, FRC
GitLab Sopa Images | Lightrocket | Getty Images Check out the companies making headlines after hours. Gitlab — Shares tumbled 36% after Gitlab issued a softer-than-expected outlook. It posted fiscal-y...
Regulators may still try to find a buyer for Silicon Valley Bank, source says
Customers wait in line outside of a Silicon Valley Bank branch in Wellesley, Massachusetts, US, on Monday, March 13, 2023. Sophie Park | Bloomberg | Getty Images Regulators could make a second attemp...
How ‘duration risk’ came back to bite SVB and led to rapid collapse
Following the fall of Silicon Valley Bank, a lot of terms are being thrown around on CNBC and elsewhere in discussions about what went wrong. One key term is “duration risk” along the yiel...
Gundlach says Fed will hike rate next week to save face, but shouldn’t
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6th, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach believes that the Federal Reserve will still pull the tr...
Something broke, but the Fed is still expected to go through with rate hikes
Federal Reserve Chairman Jerome Powell testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled The Semiannual Monetary Policy Report to the Congress, in Hart Building ...
Stocks moving big midday: FRC, MRNA, NEM, PRVB
People are seen inside the First Republic Bank branch in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. REUTERS/Mike Segar Mike Segar | Reuters Check out the companies making the ...
CME Group opens trading for event contracts on bitcoin futures
Derivatives trading giant CME Group opened trading of event contracts on bitcoin futures on Monday. The new product will add to the firm’s existing suite of 10 event contracts tied to its ...
LTC, ETC 15% Higher, as Crypto Markets Rebound on Monday – Market Updates Bitcoin News
Litecoin was back in the green on March 13, as cryptocurrency markets rebounded to start the week. The token rose by as much as 15% in today’s session, with the global crypto market cap trading nearly...
Charles Schwab shares drop 8%, but rally off lows as firm defends financial position
Pedestrians pass in front of a Charles Schwab bank branch in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Charles Schwab shares cut steep losses on Monday as the financial ...
People & Policies Propel Markets Higher
China Last Night KraneShares Key News Asian equities were mixed as Mainland China and Hong Kong outperformed, Taiwan and South Korea posted small gains, while Japan, India and Thailand posted declines...
Circle Boasts New Banking Partner To Calm Markets After USDC Depeg
After losing its dollar peg over a tumultuous weekend for crypto, USDC issuer Circle says its reserves are safe and sound, and it’s moving on to a new banking partner: Cross River Bank. After a ...
Bitcoin hurtles back above $23,000 as crypto prices buoyed amid US banking woes
Cryptocurrency prices have soared over the past day as U.S. President Joe Biden sought to reassure Americans that the country’s banking system was safe in the wake of the collapses of Silicon Va...
Chaos In Voluntary Carbon Markets Will Either Doom Or Change Them
Smoke pours out of a factory in Copsa Mica, Romania. The billowing, carcinogenic black clouds of … [+] carbon black, used for dyes and tires, pollutes and poisons the enviroment and contributes ...
Digital asset funds experience biggest weekly outflows on record
Digital asset investment products experienced outflows of $255 million last week, the largest dollar-figure outflows on record, according to asset manager CoinShares. For the fifth consecutive w...