Market News

US CPI Seen at 3.1%; Bitcoin Hits New Record Below $73,000; Gold’s Bullish Momentum Starts to Pause

Gold, Bitcoin Advancing Again; Yen Higher on Japanese Rate Hike Bets and GDP Growth

The European Central Bank (ECB) maintained its deposit rate at a record high of 4.00% at today’s policy meeting. This decision was widely expected, and the Euro’s response has been muted.

Gold Powers to New All-Time High; Powell Says Inflation Progress Not Assured; Japanese Rate Hike Seen Likely as Wages Rise; Bank of Canada Holds Rates; Markets Await ECB Meeting

Gold & Bitcoin Briefly Reach New All-Time Highs, Bitcoin Plunges Then Recovers; Markets Await Fed Chair Powell Testimony; Bank of Canada Expected to Hold Rates

Bitcoin Makes New 2-Year High Just Below $69,000; WTI Crude Oil Retreats From Key Resistance Near $80.50; Swiss Inflation Ticks Higher; Markets Await Fed Chair Powell Testimony

NASDAQ, S&P 500, DAX, Nikkei 225 All Reach All-Time Highs; Bitcoin Makes New 2-Year High; WTI Crude Oil Trying to Break Key Resistance Around $80.50; Swiss CPI Data Due Later

Bitcoin Strongly Bid, Advancing to Long-Term Record Price; Yen Gains as Bank of Japan Signals Policy Shift Coming Closer; Fed Officials Say Data Will Guide Rate Path

The Reserve Bank of New Zealand (RBNZ) held the cash rate at 5.50% at today’s meeting.

RBNZ Less Hawkish on Inflation, Sinking Kiwi; Australian Inflation Lower than Expected; US Preliminary GDP Data Release Later

Nikkei 225 Index Reaches New High Price; Yen Volatility Falling

FOMC Minutes Show More Progress Needed on Inflation; Nikkei 225 Index Reaches Record High; Stocks Mostly Higher After FOMC Release

Canadian CPI at 2.9%; Markets Await FOMC Minutes; Australian Wage Price Index Data as Expected.

Canada’s Consumer Price Index (CPI) dropped to 2.9% year-on-year in January.

RBA Minutes Justify Rates Pause; Yen Weakens; Markets Await Canadian Inflation Data.