Fed leaves rates on hold – but signals rates could stay higher for longer September 20, 2023 The decision means that the federal funds rate remains at a range of 5.25 per cent and 5.5 per cent, its highest level for 22 years.
Bitcoin maintains level as investors keep an eye on key interest rate decision September 20, 2023 Bitcoin continues to trade above $27k, up by 0.9%, this morning as all eyes are on the Federal Reserve Bank’s interest rate decision later.
Bitcoin peaks at $27,460 before retracing as investors gauge Fed’s direction September 19, 2023 Bitcoin broke through $27k yesterday and continued climbing until it met resistance at $27.4k this morning.
FTSE 100 close: Strong results from Hargreaves Lansdown and Ocado tip index into green September 19, 2023 Strong performances from Hargreaves Lansdown and Ocado helped tip the FTSE 100 into the green despite concerns around inflation.
Crypto spot trading volumes drop as PayPal and Deutsche Bank bolster crypto offerings September 18, 2023 Data from CryptoCompare shows that the price of the flagship cryptocurrency Bitcoin (BTC) moved steadily up throughout the week.
FTSE 100 close: London markets fall as central banks take centre stage again September 18, 2023 Markets were in a watchful mood as traders anticipated decisions from the US Federal Reserve, Bank of England and Bank of Japan later this week.
Elon Musk’s ambition for the future of digital payments September 16, 2023 Jonny Fry takes a look through what he believes are Elon Musk's plans for 'X' and digital assets - game-changer, or a new game altogether?
Wall Street climbs and Dow rises more than 300 points as stocks worldwide rally September 15, 2023 Wall Street rose on Thursday after a blizzard of reports suggested the US economy is still humming, though inflation may be too. The S&P 500 climbed 0.8 per cent for its best day in two weeks. The Dow Jones Industrial Average rallied 331 points, or 1 per cent , and the Nasdaq composite added 0.8 [...]
US inflation accelerates at fastest pace in over a year on surging gas prices September 13, 2023 The consumer price index increased by 0.6 per cent last month, the largest gain since June 2022, the Labor Department said on Wednesday. The CPI had risen 0.2 per cent for two straight months.
Primark results: ABF investors to see if digital push paid off September 11, 2023 Primark owner ABF is set to publish its full year update tomorrow, with investors keen to see if the budget favourite will continue to impress.