FMP
Nov 14, 2024 5:56 AM - Parth Sanghvi
Crypto Market Cap Hits Record $3.2 Trillion – What’s Fueling the Surge?
The cryptocurrency market has reached an unprecedented milestone, hitting a record market cap of $3.2 trillion, as reported by CoinGecko. With investor confidence climbing, major cryptocurrencies like Bitcoin and Ethereum have seen strong gains, and increased adoption is further boosting demand. ...
Nov 14, 2024 5:49 AM - Parth Sanghvi
Gold Prices Drop as CPI Data Lifts Dollar; Copper Follows Suit
Recent CPI data has once again shaken up the commodities market, with both gold and copper prices experiencing significant drops. As inflation data supports the U.S. dollar's strength, precious metals like gold have seen declining demand, falling to near two-month lows. What’s Driving Gold's Decl...
Nov 14, 2024 5:48 AM - Parth Sanghvi
Is the Market’s Rapid Surge Sustainable? Barclays Warns of Overheating Despite Strong Fundamentals
The recent stock market rally has raised questions among investors and analysts about its sustainability. While fundamental indicators remain strong, Barclays cautions that the pace of growth may be unsustainable, highlighting a “melt-up” scenario where prices rise quickly, outpacing underlying valu...
Nov 14, 2024 5:48 AM - Parth Sanghvi
Markets Brace for Possible December Rate Cut Following 2.6% CPI in October
The U.S. Consumer Price Index (CPI) increased by 2.6% in October, in line with analyst expectations and signaling a potential shift in the Federal Reserve’s monetary policy. With inflation growth slowing, markets are now pricing in an increased likelihood of a rate cut in December, a development clo...
Nov 14, 2024 5:47 AM - Parth Sanghvi
Bitcoin’s Bull Run Nears $90K, Boosted by Trump Sentiment as Dogecoin Gains Momentum
Bitcoin prices have surged to near $90,000, showing no signs of slowing down. This rally is being fueled partly by renewed market optimism following Donald Trump’s recent comments on cryptocurrencies, which has also lifted Dogecoin alongside Bitcoin. Let’s take a closer look at the factors driving t...
Nov 14, 2024 5:47 AM - Parth Sanghvi
U.S. CPI Data Backs 25 bps Fed Rate Hike in December, Says Macquarie
The latest U.S. Consumer Price Index (CPI) data brings promising news for those hoping for a steady yet measured Federal Reserve response. As inflation continues to moderate, Macquarie analysts suggest that a 25-basis-point rate hike is likely on the agenda for December. Let’s break down what this m...
Nov 14, 2024 5:38 AM - Parth Sanghvi
5 Key Investment Strategies to Learn Before Trading
Whether you're new to trading or experienced in the market, understanding various investment strategies is critical. These strategies range from finding undervalued stocks to tracking technical indicators in real time, and each approach has unique goals and risk factors. 1. Value Investing Val...
Nov 14, 2024 5:32 AM - Parth Sanghvi
A Beginner’s Guide to Managing Your Money
Introduction Learning to manage your finances is a critical step toward achieving financial independence and security. Whether you’re looking to save for a big purchase, pay off debt, or start investing, having a clear plan for managing your money is essential. This guide will walk you through ...
Nov 14, 2024 5:29 AM - Parth Sanghvi
Defining Your Basic Investing Objectives: What to Factor In
Investing is more than just picking assets and hoping for growth—it's about setting clear, personalized financial goals that align with your life plans. Whether you're looking to build wealth for retirement, fund a big purchase, or generate steady income, identifying your investing objectives early ...
Nov 12, 2024 1:59 AM - Parth Sanghvi
Asia Stocks Decline as China's Stimulus and U.S. Inflation Await Attention
Introduction Asian stock markets recently experienced a downward trend, fueled by anticipation around China's economic stimulus efforts and upcoming U.S. inflation data. This event highlights the impact of global developments on local markets, providing opportunities and challenges for investors ...
