What is the timing of the UK CPI data and what impact might it have on GBP/USD?
On Wednesday, data from the Office for National Statistics (ONS) indicated that the UK’s composite consumer price index (CPI) experienced a year-on-year increase of 3.0% in January, following a 3.4% rise in December. The market had anticipated a 3.0% growth during this period. It’s important to note that UK inflation remains significantly above the Bank […]
Austin’s households increased by 51% between 2014 and 2024, according to census data.
Texas Sees Population and Household Growth Jennifer Wauhob, Chair of the Texas Realtors Board, shared with Fox News Digital that the recent economic and population surge in Texas is yielding positive outcomes for the state. The Austin area has experienced notable population growth over the last ten years, with data indicating that households are increasing […]
User emails and phone numbers were revealed in the Substack data breach that happened in October.
Substack, the well-known platform for email updates from writers and creators, has announced a data breach affecting user information. This incident has raised concerns as it exposed email addresses, phone numbers, and internal account metadata, though thankfully, no passwords or financial details were compromised. The breach occurred back in October, but Substack only discovered it […]
Trump Administration Developing Strategy for Tech Firms to Cover Complete Expenses of AI Data Center Energy and Water Usage
Trump Administration Weighs New Costs for Data Centers Amid Rising Electricity Prices As electricity prices continue to increase across the United States, the Trump administration is exploring policies that might require technology firms with data centers to cover all related utility and infrastructure expenses. Peter Navarro, President Trump’s adviser on trade and manufacturing, announced on […]
Yen declines following weak growth data; dollar remains stable
This illustration shows yen and dollar bills for March 2023. The yen fell today, reversing some of last week’s strong gains on weak growth data, while the dollar firmed as recent inflation data confirmed the Federal Reserve’s view that it will cut interest rates this year. LONDON >> Today, the yen weakened due to disappointing […]
Is Bitcoin Facing a Sell-Off or a Buying Opportunity? Insights from Current On-Chain Data
Bitcoin’s Market Status: Tipping Point Insights Bitcoin seems to be at a crucial moment, with traders caught between two scenarios: a full capitulation or the beginning of a prolonged bottoming process. In a video commentary on February 15th, CryptoQuant analyst Martun indicated that recent data could suggest the latter, although he advised that any potential […]
British Pound remains steady against USD as traders focus on UK data and FOMC minutes
The GBP/USD currency pair has begun the week on a relatively steady note, remaining in a tight range just below the $1.3600 mark during Asian trading hours. There’s a mixed economic backdrop that calls for a bit of caution among traders as they anticipate significant reports from both the UK and the US this week. […]
Asian shares remain low due to holidays and poor economic data from Japan.
Asian stocks held steady on Monday, consolidating their recent strong gains, though trading was thin due to the Lunar New Year holiday. Light economic data from Japan added some spark to an already robust market. With many markets, including those in China, South Korea, and Taiwan, closed, currencies and bonds have settled down, but precious […]
Bitcoin On-Chain Data Shows Increased Volatility Expected After CPI Reaction
Bitcoin’s Recent Turbulent Week Bitcoin faced yet another challenging week, continuing the downward trend that’s been prevalent in the market for several months. Although there was a slight stabilization late Friday, major cryptocurrencies remain constrained around the $69,000 mark. Analysts are still turning to on-chain data to gauge investor behavior and predict Bitcoin’s path in […]
Blockchain Lending Company Figure Acknowledges Customer Data Breach
Simply put Figure confirmed that it experienced a data breach due to a social engineering attack that targeted its employees. The files that were stolen included personal information such as names, addresses, dates of birth, and phone numbers. The publicly traded financial company is offering free credit monitoring to those affected by the breach. Figure […]