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Opening Bell: Tech Stock Selloff To Continue As U.S. Policy Tightens; BTC Slips

Fed minutes revealed a faster path to higher interest rates  Uncharacteristically, bonds sold off with stocks Oil advanced Key Events After the release of the latest Federal Reserve meeting minutes on Wednesday, US markets took a dive, with the growth stock-heavy NASDAQ and small cap Russell 2000 each plunging over 3%. Most Asian benchmarks followed…

Technical Analysis

FOMC Minutes Show Fed In Firmly Hawkish Territory

The release of the December last night confirmed that the Fed is well and truly back into hawkish territory now. With the Fed announcing a doubling of monthly tapering at the previous meeting, along with upgrading its economic forecasts and dot plot forecasts alike, there was little doubt that the minutes would have anything to…

Fundamental Analysis

New Privacy DEX, FairySwap Announcing Mainnet Launch with Massive AirDrop By DailyCoin

New Privacy DEX, FairySwap Announcing Mainnet Launch with Massive AirDrop FairySwap, a new type of decentralized exchange with front-running resistance and programmable privacy, is debuting its mainnet product. To celebrate, they are launching a massive giveaway of 300,000 $FAIRY tokens, 3% of the total supply, in a “Pixie Drop” event. The giveaway will run for…

Cryptocurrency

Google hit with 150 million euro French fine for cookie breaches By Reuters

© Reuters. FILE PHOTO: A 3D printed Facebook’s new rebrand logo Meta is seen in front of displayed Google logo in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration By Mathieu Rosemain PARIS (Reuters) -France’s data privacy watchdog CNIL said on Thursday it had fined Alphabet (NASDAQ:)’s Google a record 150 million euros ($169…

Uncategorized

German industrial orders bounce back on strong foreign demand By Reuters

© Reuters. FILE PHOTO: A worker connects the battery during the assembly of an e-Golf electric car at the new production line of the Transparent Factory of German carmaker Volkswagen in Dresden, Germany March 30, 2017. REUTERS/Fabrizio Bensch/File Photo By Michael Nienaber BERLIN (Reuters) – Higher demand from abroad drove a bigger-than-expected rebound in German…

Economy
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