- Joined
- 8 June 2008
- Posts
- 13,239
- Reactions
- 19,539
US market in sudden free fall after smooth rising day..crypto are more dynamic and do not stop tradibg in 30 minutes (end of wall street session)ETH and BTC down double digits... What's going on....
US market in sudden free fall after smooth rising day..crypto are more dynamic and do not stop tradibg in 30 minutes (end of wall street session)
And now market jumping up again....humm.Crypto is the risk canary IMO.
Looks like one of the exchanges is insolvent
Wow crypto resuming declines.... BTC bouncing off 17k.lowest it's been all year....
China is slipping back into deflation. Factory gate prices rolled over in the spring and have been falling in absolute terms for the last three months. Annual core inflation has dropped to 0.6 per cent.
The workshop of the world will again be exporting goods disinflation to Europe and America within months, undercutting Western industries on a large scale. This is likely to deepen the industrial and manufacturing downturn in the West and has powerful implications for interest rates and the trajectory of inflation...
even this morning, the news was:Looks like one of the exchanges is insolvent
The rout in crypto markets is showing no signs of abating after the founder of FTX crypto exchange Sam Bankman-Fried conceded it had liquidity problems amid a flood of withdrawals. As a result Binance has agreed to acquire the world’s largest crypto exchange on unknown terms.
7.7%, expected 7.9%. Down from 8.2% previous month. Strong result.CPI data in, it's good, everything soaring!
Yep, markets have moved the most since the first coronavirus vaccine was announced.7.7%, expected 7.9%. Down from 8.2% previous month. Strong result.
Cpi just bad, not very bad so 5% move up and the world is pink lollies and unicorns WTF.Insane moves
Annual inflation in the United States slowed to 7.7 per cent in October, the lowest since January.
And the US 10-year note is below 4% for the first time in a while ... it dropped 26 basis points to 3.83 per centThe October increase marks the first time the consumer price index has risen at an annual rate of less than 8 per cent since February. Annual CPI peaked at 9.1 per cent in June.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?