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Saturday, January 29, 2022

Mccauley Whyte

394 articles

U.S. prominent financial sign increases highly in December

Please try another search EconomyJan 21, 2022 10:30AM ET WASHINGTON (Reuters) - A gauge of future U.S. economic activity increased solidly in December, suggesting the expansion would continue despite challenges from the COVID-19 pandemic and anticipated interest rate increases from the Federal Reserve to tame high inflation. The Conference Board said on Friday its Leading…

Get ready for huge reserve banks vacating action: policymakers

Please try another search EconomyJan 21, 2022 10:21AM ET 3/3 © Reuters. FILE PHOTO: President of the European Central Bank (ECB) Christine Lagarde takes part in a news conference on the outcome of the Governing Council meeting, in Frankfurt, Germany, October 28, 2021. REUTERS/Kai Pfaffenbach//File Photo 2/3 By Balazs Koranyi, Leika Kihara and David Lawder…

Canadian vaccine required to result in inflation, empty racks, trucking executives state

Please try another search EconomyJan 20, 2022 08:31PM ET 2/2 © Reuters. FILE PHOTO: Cross-border transport trucks cross paths on the Peace Bridge at the Canada U.S. border in Buffalo, New York, U.S., January 10, 2018.REUTERS/Hyungwon Kang/File Photo 2/2 By Steve Scherer OTTAWA (Reuters) - The premier of Canada's Alberta province on Thursday called on…

Bitcoin to Strike USD 93K This Year, According to Less Positive Study

Source: AdobeStock / Сергей ШимановичBitcoin (BTC) could rise to a high of USD 93,000 or more this year, and close to USD 193,000 by the end of 2025, a panel of industry players gathered by comparison website Finder predicted. However, they were less optimistic than in October.By averaging out responses from the panelists, Finder came…

Pandemic Has Accelerated Crypto Market’s Transformation Into Commodity Market

Source: iStock/caoyu36The cryptocurrency market is beginning to consolidate and is increasingly similar to a commodity market, with an increased correlation between cryptos coinciding with the early stages of the COVID-19 pandemic, according to researchers from the Institute of Nuclear Physics of the Polish Academy of Sciences (IFJ PAN).Statistical analyses carried out by these researchers suggest…

Bitcoin and Ethereum Face Strong Resistance, LUNA, ATOM Dive

Bitcoin price is facing strong resistance near USD 37,500.Ethereum failed to surpass USD 2,500, XRP is struggling to stay above USD 0.60.ATOM and LUNA dropped at least 10%.Bitcoin price climbed above the USD 37,000 level but there was no upside continuation. BTC trimmed gains and traded below USD 36,500. It is currently (11:56 UTC) consolidating…

Japanese Judgment Celebration Launches NFT Job Force, Eyes New Development in the Sector

A meeting of the Liberal Democratic Party’s NFT Policy Review Project Team. Source: TAIRAMASAAKI / TwitterJapan may be edging toward regulating non-fungible tokens (NFTs) – after the ruling Liberal Democratic Party, which has been in power since 1955, launched an NFT policy task force.The party stated that the force would be officially named the “NFT Policy…

BoE’s Bailey sees additional inflation danger from Russia-Ukraine stress

Please try another search EconomyJan 19, 2022 09:40AM ET © Reuters. FILE PHOTO: The Bank of England is seen in London March 19, 2008. REUTERS/Luke MacGregor LONDON (Reuters) - Bank of England Governor Andrew Bailey said on Thursday that financial markets now expected energy prices to take longer to fall than just a few months…

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