Home / Market Update (page 11)

Market Update

Explainer: Pi In Silent Battle for Crypto Payroll Supremacy

The cryptocurrency landscape is evolving at breakneck speed, and stablecoins are emerging as a cornerstone for practical applications like payroll systems, offering stability in a volatile market. Meanwhile, Pi Coin, a mobile-first cryptocurrency with a massive global community, is carving out its own niche, aiming to redefine digital transactions. As …

Read More »

ADP Report Shocks Wall Street as Markets Brace for Trade Talks and NFP Data

Wall Street saw a modest retreat following a startling ADP private payrolls report that revealed an unexpected decline of 33,000 jobs in June, marking the first drop since March 2023. The ADP data, which fell significantly short of economists’ expectations of a 100,000-job gain, raised alarms about the health of …

Read More »

Trump’s Bold Policy Overhaul Advances: House Vote on Horizon

A comprehensive policy bill championed by President Trump has narrowly passed the Senate, marking a significant step forward for his administration’s ambitious domestic agenda. The legislation, which includes substantial tax cuts, increased military spending, and stricter immigration policies, comes at the cost of significant reductions to healthcare and nutritional programs. …

Read More »

Bitcoin Struggles Within Range as Trade and Fiscal Uncertainty Weigh on Sentiment

Bitcoin experienced a slight dip on Wednesday, continuing its rangebound performance as persistent uncertainty around U.S. trade deals and the sweeping tax bill continued to dampen investor sentiment. The world’s largest cryptocurrency remained firmly within its established $103,000 to $108,000 trading range that has characterized much of June. At 01:14 …

Read More »

European Shares Edge Higher as Investors Eye U.S. Trade Talks and Tax Bill

European stocks posted modest gains on Wednesday, led by industrial miners, as investors tracked any signs of progress in U.S. trade negotiations with key global partners. With the July 9 tariff deadline looming, there was heightened attention on the potential for significant developments in global trade relations. The pan-European STOXX …

Read More »

Gold Prices Hold Steady Amid U.S. Fiscal and Trade Uncertainties

1. Gold Prices Maintain Gains Amid U.S. Fiscal and Trade UncertaintyGold prices held steady in Asian trade on Wednesday after two days of sharp gains, bolstered by growing concerns over the U.S. fiscal deficit following the Senate’s passage of President Donald Trump’s tax-and-spending megabill. The uncertainty surrounding U.S. trade deals, …

Read More »