inflation

Market Analysis

Russian Gas Supply Key Factor for Recession as ECB Hikes Rates by 50 BPS

Russia's gas supply is set to determine the severity of economic recession in Europe later this year, according to ING's chief economist Carsten Brzeski.

Tim FriesJul 21, 20223 min read

Market Analysis

US Mortgage Applications Slump in Face of 40-year High Inflation

Mortgage demand falls to its lowest level in 22 years due to record-high inflation and a series of interest rate hikes.

Tim FriesJul 20, 20223 min read

Market Analysis

Europe’s Energy Crisis Majorly Responsible for Inflation at 8.6%, and it Can Get Worse

Soaring energy prices accounted for almost half of the eurozone's record inflation of 8.6% in June.

Ruholamin HaqshanasJul 19, 20224 min read

Market Analysis

Crude Oil Up Nearly 5% as Biden Fails Convincing OPEC+ to Pump More

Oil prices are up almost 5% after the U.S. President Joe Biden returned from the summit with Saudi Arabia without securing a oil supply increase.

Tim FriesJul 18, 20223 min read

Market Analysis

CPI Inflation at 9.1%, Beats Highest Estimates

The latest CPI data released showed U.S. inflation hit 9.1% in June, topping the consensus estimates of 8.9%.

Tim FriesJul 13, 20223 min read

Market Analysis

CPI Can Go Up to 8.9%, Fed Likely to Follow Through With 75 BPS Hike

Banks remain pessimistic ahead of the Consumer Price Index release for June as energy prices continue to surge.

Kingsley AloJul 13, 20224 min read

Market Analysis

US Labor Market Hot Despite Rate Hikes, Unemployment Stays at 3.6%

The jobs report beat the estimates, but even if it hadn't, the markets would lose.

Tim FriesJul 8, 20225 min read

Crypto

Bitcoin’s Maturity: How Non-Crypto Macro Factors Are Impacting the Digital Asset

In what looks like a coming-of-age story, Bitcoin has been tossed about by more than just crypto-related headlines for a while now, suggesting maturity.

Michelle JonesJun 24, 20226 min read

Crypto

BTC Holds $20k as Inflation Reaches 40-Year High in UK, US, and Canada

UK, Canada, and the US face 40-year high inflation as Bitcoin finds a new support level.

Tim FriesJun 22, 20224 min read

Market Analysis

Strong Consumer Spending Can Prevent Recession But Pandemic Savings Exhausted

Treasury Secretary Janet Yellen is optimistic about avoiding a recession but data suggests a grim outlook in the short-term.

Tim FriesJun 20, 20225 min read

Market Analysis

Gold Remained a Store of Value as BTC Fell 55% Since 2022 Started

Gold is up by 0.6% year-to-date while Bitcoin is down by more than 55%. Is the crypto still a good store of value?

Ruholamin HaqshanasJun 20, 20223 min read

Crypto

Bitcoin’s RSI Indicates a Bottom but Macro Factors Remain Uncertain

With global markets experiencing uncertainty, traditional indicators might not be the best gauges.

Tim FriesJun 14, 20224 min read