Cryptos: all news & analysis

Keep up to date with the dynamic cryptocurrency market. We provide timely coverage of price movements, emerging trends, and expert insights on Bitcoin, Ethereum, XRP and other top digital assets. Our website offers the latest information on blockchain technology, regulatory developments, and market analysis, which are all pivotal in understanding crypto valuations. So, whether you're an experienced trader or embarking on your crypto journey, MarketPulse will help you make smart decisions in this exciting field.

US Close: Head-Scratching Day on Wall Street, Massive stock market reversal, FX volatility to remain extreme, Oil pops despite massive build, Gold little changed, Bitcoin back above $19k

Today’s market reversal was a head-scratcher. Despite a hot inflation report, US equities turned positive as some investors are convinced core inflation will soon start trending lower.

13-10-2022 14:36 GMT by Edward Moya

Oil steadies, gold edges higher, bitcoin slides

Oil steadying Oil prices are steadying again after a three-day decline that's coincided with further concerns around the economic outlook and gloomy forecasts. The output cut from OPEC+ last week triggered a surge in prices but that has partially been offset by the increasingly dire forecasts for the economy which will naturally weigh on demand.

13-10-2022 08:32 GMT by Craig Erlam

FOMC Minutes React: Calibration means Pivot can’t be too far, Pepsico impresses, Oil tumbles, Gold pares losses, Crypto hovers around $19k

US stocks got a little boost after the FOMC minutes provided a sprinkle of dovish hints. The word of the week is ‘calibrate’.

12-10-2022 14:52 GMT by Edward Moya

Oil creeps higher, gold paring losses, bitcoin consolidates

Edging higher but growth concerns remain Oil prices are nudging higher after paring recent gains so far this week. There are two dominant forces in the oil market at the moment; the economic outlook being the primary downside risk and OPEC+ the upside.

12-10-2022 09:55 GMT by Craig Erlam

US Open: Stocks drop as yields rise, IMF warning, Chip stocks crushed on curbs, King Dollar advance stalls, Crude lower on demand fears, Gold still vulnerable, Bitcoin holds onto $19k for now, Google partners with Coinbase

Tech stocks are hovering near 2-year lows on bond market chaos and expectations for a gloomy earnings season. Investors are nervous after this week's inflation data, Fed tightening calls will demand for more aggressive hikes beyond November and that we could be seeing another major round of selling. The IMF slashed their global growth outlook and warned that the ‘worst is yet to come’.

11-10-2022 09:54 GMT by Edward Moya

Increasingly pessimistic

European stock markets are poised for another weak open as much of Asia reopened on Tuesday to large declines. Asia is flashing red as it nears the close and Europe may be facing a similarly bleak day. JP Morgan CEO Jamie Dimon didn't hold back in his assessment of the economic outlook, adding to the warnings of the IMF and World Bank, among many others.

11-10-2022 03:20 GMT by Craig Erlam

Oil still pushing, Gold slides, bitcoin struggles

Oil higher despite weak Chinese PMI Oil prices are continuing to edge higher at the start of the week, albeit at a much slower pace with Brent now not far from $100 a barrel. OPEC+ may be comfortable with that after slashing output targets by two million barrels per day but I'm not sure anyone else will be. The Chinese PMI data overnight highlighted the challenges facing the world's largest crude importer as it tries to balance its zero-Covid policy with economic growth.

10-10-2022 12:56 GMT by Craig Erlam

NFP react: labor market remains robust, Fed can stick to hawkish shtick, dollar strength, cryptos soften post jobs data

US stocks tumbled as job strength remains, which means we most likely won’t be seeing a Fed downshift at the next FOMC meeting in November. Treasury yields rose alongside the US dollar after another solid nonfarm payroll report. The risks of the Fed remaining aggressive with the tightening of monetary policy still remains on the table.

07-10-2022 09:58 GMT by Edward Moya

Caution ahead of US jobs data

Equity markets are on course to spend a third day in the red despite a strong start to the week as investors adopt a cautious approach ahead of the US jobs report. Amid all of the chaos this week, investors have always had one eye on the jobs report later today. Even earlier in the week when equity markets were rallying strongly, there was always a sense that the jobs report could spoil the party. And not because it could point to cracks appearing in the labour market; quite the opposite in fact

07-10-2022 03:27 GMT by Craig Erlam

The bottom is a ways away, claims data off lows, crypto anchored around $20k

US stocks bounced around on payrolls eve, digesting another round of hawkish Fed speak. Minneapolis Fed President Neel Kashkari signaled there is no Fed pivot coming until financial conditions worsen significantly from here. Kashkari said the Fed will keep hiking rates to bring inflation and that they are “quite a ways away” from pausing their tightening cycle.

06-10-2022 13:25 GMT by Edward Moya

Relief rally already struggling

Equity markets have erased early gains to trade in the red on Thursday, as investors take a cautious approach ahead of Friday's jobs report. The narrative in recent days of weaker data being positive as it could be a precursor to slower tightening didn't seem sustainable and it's already proving to be the case. I think it was more a reflection of the steep sell-off in the markets and the performance of risk assets in general over the six weeks previous, rather than the data.

06-10-2022 09:31 GMT by Craig Erlam

October rally over, robust service sector hiring, bitcoin drifts below $20k

The economy is too strong for the Fed to pivot. The strong start to October is over after both a private payroll report and service sector data reminded investors how strong some parts of the economy remain.

05-10-2022 14:10 GMT by Edward Moya

Paring gains

Stock markets are paring gains after a phenomenal rebound on Monday and Tuesday as two weeks of losses were wiped out in just two sessions. It's been a very impressive relief rally, albeit one aided by a rose-tinted interpretation of certain economic indicators and a terrible plunge in the weeks before. This isn't the time to get carried away but it is understandable that we're seeing some relief.

05-10-2022 12:34 GMT by Craig Erlam

US Close: Stocks surge as the peak in rates is in place, 1.1 million job openings disappear, RBA downshifts, Oil surges as OPEC+ eyes potential 2 million bpd cut, Gold stronger, Bitcoin above $20k

Wall Street sees light at the end of the Fed rate hiking tunnel and the scramble to pick up stocks is on. Investors are growing confident that the peak in rates was made last week.

04-10-2022 15:49 GMT by Edward Moya

An unsustainable rebound?

Stock markets recovered earlier losses on Monday and are adding to that in early trade on Tuesday, with Asia also posting strong gains. The turnaround in risk appetite appears to have been driven by another deterioration in PMI surveys as traders speculate that such weakness could be a precursor to slower monetary tightening. If that sounds like straw clutching, it's probably because it is but then, equity markets have had a rough ride of late and that can't last forever. The deceleration begins

04-10-2022 06:09 GMT by Craig Erlam

Stocks rally and yields plunge on softening inflation hopes, ISM shows weakness, crypto range-bound

US stocks are surging to kick off October, helped by tumbling Treasury yields after a key manufacturing report showed noticeable signs of downward pressure on inflation. It is premature to say that the Fed is almost done with tightening, but it seems Wall Street is growing confident that they could be done in December. Investors are starting to doubt central banks globally will remain aggressive with fighting inflation as financial stability risks are growing; first we almost had a gilt market

03-10-2022 12:30 GMT by Edward Moya

An eventful start

The week is off to an eventful start with the UK government announcing its first u-turn, speculation mounting ahead of the OPEC+ meeting and Japan warning of another possible FX intervention. Equity markets have been flashing red once again on Monday as investors continue to fret over the outlook for the global economy. There remains considerable uncertainty over where the peak is for inflation and interest rates and how quickly they will fall thereafter.

03-10-2022 09:36 GMT by Craig Erlam

A busy end to the week

Stock markets are bouncing back on Friday, although I don't think anyone is getting excited by the moves which pale in comparison to the losses that preceded them. This looks like nothing more than a dead cat bounce after a steep decline over the last couple of weeks as investors have been forced to once again accept that interest rates are going to rise further and faster than hoped. Double-digit eurozone inflation Inflation in the eurozone hit 10% in September ahead of schedule, with markets e

30-09-2022 07:17 GMT by Craig Erlam

Stubborn inflation

Another miserable day for European equity markets as the prospect of recession becomes ever more real. US markets aren't faring any better after the jobless claims data that showed the labour market is still performing remarkably well despite all of the challenges the economy faces. While that would ordinarily be celebrated, on this occasion that resilience could translate to stubborn inflation and more rate hikes. Focus will now shift to inflation, income and spending figures tomorrow.

29-09-2022 13:00 GMT by Craig Erlam

Stocks rally as BOE intervenes, promising news from Biogen, bitcoin

US stocks are rallying after the BOE’s intervention tentatively halted the bond market selloff. The theme on Wall Street is rising risks for a hard landing next year, while we are hearing a steady chorus of Fed speak that mostly confirmed the market’s expectation that rates will rise to 4.25%-4.50% by the end of the year. Some traders are growing confident that we are close to seeing the end of the Fed's tightening cycle, but that is still too early to say. BOE The UK economy was hit with Br

28-09-2022 12:55 GMT by Edward Moya

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