The post Bitcoin and Ethereum Slide Further: Predictions Suggest Rising Odds of Dumps Amid Fed Uncertainty appeared com. Bitcoin and Ethereum prices have declined amid macroeconomic uncertainty, with predictions shifting toward bearish outlooks on platforms like Myriad. This week’s top markets focus on BTC and ETH’s next moves, alongside expectations for another Federal Reserve rate cut in 2025, influencing crypto volatility. Bitcoin (BTC) faces potential further drops to $50,000 support levels as bearish [.] Source:.
Tag: expectations
The post HSBC Analysts Announce Surprise Forecast for Fed’s December and 2026 Interest Rate Decisions! appeared com. The US federal government shutdown canceled the October employment report, a key indicator for interest rate decisions. This has lowered market expectations for a December rate cut to around 30% from 100% a month ago. According to CME FedWatch, the probability of a December rate cut has fallen to 31. 8%, while the probability of leaving rates unchanged is priced in at 68. 2%. According to the FOMC minutes released yesterday, the majority of Fed officials stated at last month’s monetary policy meeting that it would be appropriate to keep the policy rate steady in December. Although the likelihood of a December interest rate cut is diminishing day by day due to the lack of data, HSBC analysts predicted that the Fed will cut interest rates once again at its December meeting. However, HSBC analysts presented a negative outlook for 2026 and stated that additional reductions were not expected in 2026. Analysts also added that the US dollar could bottom out in the first quarter of 2026 or earlier and then recover. The comments come as investors await the release of key U. S. economic data, which has been delayed by the record-length government shutdown. *This is not investment advice. account now for exclusive news, analytics and on-chain data! Source:.
The post EUR/GBP softens below 0. 8850 despite growing expectations of BoE rate cut appeared com. The EUR/GBP cross loses momentum to near 0. 8820 during the early European session on Thursday. Nonetheless, the potential downside for the cross might be limited, as weakening UK economic data have increased expectations for a Bank of England (BoE) interest rate cut in December. The German Producer Price Index (PPI) and Eurozone Consumer Confidence reports will be released later on Thursday. Recent weak UK economic data, such as Consumer Price Index (CPI) inflation, disappointing GDP and Industrial Production readings, have boosted BoE rate cut bets in the December meeting. The Office for National Statistics (ONS) revealed on Wednesday that the UK headline inflation fell to 3. 6% YoY in October, as expected, from 3. 8% in September. Additionally, uncertainty and pessimism surrounding the UK’s autumn budget could weaken sentiment towards the Pound Sterling against the Euro. The upcoming government budget on November 26 is also expected to influence the BoE’s next move. While the BoE is facing pressure to reduce the interest rates, the European Central Bank (ECB) maintains a more cautious stance, which provides some support to the EUR. According to a majority of economists polled by Reuters, the ECB will hold interest rates at least until the end of 2026. The case for a longer pause has increased since the ECB last reduced the key interest rates in June, with inflation hovering around the 2% target, GDP stable, and the unemployment rate staying at an all-time low. Pound Sterling FAQs The Pound Sterling (GBP) is the oldest currency in the world (886 AD) and the official currency of the United Kingdom. It is the fourth most traded unit for foreign exchange (FX) in the world, accounting for 12% of all transactions, averaging $630 billion a day, according to 2022 data. Its key trading pairs are GBP/USD, also known as ‘Cable’, which accounts.
Minasian says the right-hander, out nearly a season and a half with injuries, is healthy and has shown the capability to pitch at the top of the rotation.
The post India Trade Deficit Government registered at $41. 68B above expectations ($29. 4B) com. Gold lacks a firm intraday directional bias and seesaws between tepid gains/minor losses, below the $4,100 mark through the first half of the European session on Monday. A slew of influential FOMC members showed little conviction for reducing borrowing costs, prompting traders to scale back their expectations for another interest rate cut by the US Federal Reserve. Source:.
Sony CFO Lin Tao says Destiny 2 has not reached expectations
TLDR Fed Governor Stephen Miran called for a 50 basis point rate cut in December, saying 25 basis points should be the minimum Miran dissented at both September and October FOMC meetings, making him the only member to vote for larger cuts this year CME FedWatch shows 62. 6% probability of a 25 basis point cut [.] The post Fed Governor Miran Calls for 50 bps Rate Cut in December appeared first on CoinCentral.
Starbucks has issued an apology to customers after the release of its limited-edition teddy bear-shaped holiday cup sparked chaos. The Seattle-based coffee giant launched its 2025 holiday menu and merchandise on Thursday, including the Glass Starbucks Bearista Cold Cup, which retails for $29. 95. The collectible cup shaped like a bear and topped with a green beanie lid went viral online and sold out quickly, leaving fans scrambling to get their hands on one. “The excitement for our merchandise exceeded even our biggest expectations and, despite shipping more Bearista cups to coffeehouses than almost any other merchandise item this.
TLDR Affirm posted fiscal Q1 2026 earnings of 23 cents per share, crushing the 11 cent Wall Street estimate and reversing a 31 cent loss from last year Revenue surged 34% to $933 million, beating the $883 million forecast, while gross merchandise volume jumped 42% to $10. 8 billion The company’s new debit card added $1. 4 [.] The post Affirm (AFRM) Stock: Payment Firm Posts Big Earnings Beat as Volume Jumps 42% appeared first on Blockonomi.
The post New Zealand Dollar drifts lower below 0. 5650 as China’s Trade Surplus narrows com. The NZD/USD pair attracts some sellers near 0. 5620 during the Asian trading hours on Friday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) after a narrowing of China’s trade surplus in October and a weak New Zealand jobs report. Traders brace for the flash U-Mich Consumer Sentiment survey later on Friday. Data released by the General Administration of Customs of the People’s Republic of China on Friday showed that China’s trade surplus came in at $90. 07 billion in October versus $90. 45 billion prior. This figure came in below the forecast of $95. 60 billion. Meanwhile, Exports rose by 1. 1% year-over-year in October, missing expectations for a 3. 0% gain. Imports increased 1. 0% year-over-year in October, compared to 7. 4% in September, below the market consensus of 3. 2%. A narrowing of China’s trade surplus in October could weigh on the China-proxy Kiwi, as China is a major trading partner for New Zealand. Additionally, New Zealand’s Unemployment Rate climbed to 5. 3% in the third quarter (Q3), the highest level since 2016. The weak jobs report sealed the case for a rate cut from the Reserve Bank of New Zealand (RBNZ) this month, which exerted some selling pressure on the NZD. Most economists expect another 25 basis points (bps) reduction at the final meeting of the year on November 26. US Challenger jobs data indicated a spike in US job cuts, suggesting a possible cooling in US labor market conditions. The Challenger report showed that companies cut over 150, 000 jobs in October, marking the biggest reduction for the month in more than 20 years. Traders ramped up bets on a rate cut following US Challenger jobs data, which weighed on the Greenback against the NZD. Trading in Fed funds futures implies a 70% possibility of a reduction at the US central bank’s next meeting, up from a 62% probability a day.