Key highlights: Crude prices spike again after U.S.-Saudi strikes in Iraq This was due to concerns about supply disruptions after the attacks on Saudi infrastructure Iran rejected a proposal for shared control of the Strait of Hormuz Bitcoin also fell slightly as investors wait for the Fed interest rate decision New tensions in the Middle […]
Tag: FOMC
Key highlights: Citadel expects the Federal Reserve to raise interest rates this week. Markets are pricing a 33% chance of a quarter-point increase. This could be the first interest hike in over three years. The Federal Reserve could surprise markets this week with its first interest rate increase in three years, according to Citadel Securities. […]
By Jordan Lyanchev Although it has rebounded by $5,000 since its July 1 low at under $58,000, bitcoin remains in a highly pressured market structure that has halted each major breakout attempt. There are good reasons for that, of course, as multiple factors have aligned to keep it suppressed. Here are five of them. Macro […]