UK Consumer Price Index expected to indicate prices increasing significantly above Bank of England’s target.
The UK’s National Statistics Bureau will publish its July CPI data on Wednesday. Inflation as measured by CPI is expected to exceed the July target set by the Bank of England (BOE). GBP/USD has seen a slight bear correction before this release. The UK June Consumer Price Index (CPI) is set to be released on […]
USD/JPY Price Outlook: Expected to stay flat before Powell’s Jackson Hole address
USD/JPY Market Update USD/JPY appears to have stabilized and is unlikely to recover the 20-day SMA following its recent dip. Resistance levels are at 148.00 and 148.51, which could limit gains towards the 200-day SMA around 149.15. Support can be found at 147.50 and 147.00, and selling might push prices lower to approach the 50-day […]
Novo Nordisk and GoodRx offer Ozempic at half price for cash-paying customers.
Novo Nordisk and GoodRx recently announced a partnership aimed at making Ozempic and Wegovy products more affordable for cash-paying patients. Starting this week, customers can buy Novo Nordisk’s Semaglutide Pen products for $499 a month through GoodRx. Typically, these medications, such as Ozempic, cost over $1,000 without insurance. “The demand for GLP-1 medications is at […]
Cardano could experience a significant surge if it surpasses $1: What is the potential peak for ADA’s price?
Key Highlights: The pricing technology for ADA has improved, now reaching $2. ADA Futures volume has hit a five-month high at $7 billion, indicating institutional interest. Cardano’s total value locked (TVL) is on the rise, tied to ETF approval probabilities. Cardano (ADA) experienced a notable increase of up to 37% in August. Though prices have […]
Is Bitcoin’s price heading towards $110K? Short-term owners sell 22K BTC at a loss
Key Highlights: Since Sunday, short-term Bitcoin holders have sold over 20,000 BTC at losses. Technical indicators suggest that pushing Bitcoin prices under $100,000 might be quite challenging for bearish traders. Bitcoin (BTC) prices dipped below $116,000, influenced by the uncertainty surrounding Jerome’s upcoming speech at Jackson Hole. This situation prompted investors and traders to reassess […]
Gold price forecast today: What to expect for gold rates on August 19, 2025 and in the near future?
Gold Price Forecast Today’s outlook for gold prices suggests that they may remain within a certain range for now, with experts anticipating limited downside potential. Praveen Singh, a senior analyst at Mirae Asset Sharekhan, shares insights on what investors should be keeping an eye on. Gold Performance During the week ending August 15, spot gold […]
Is the lowest Bitcoin price $114.7K?: Data indicates a possible shift
Key Insights Bitcoin options indicate unusual market activity. Current BTC ETF flows and trader positioning confirm liquidity and resilience, suggesting a potential recovery above $120K. Bitcoin (BTC) dropped to an 11-day low of $114,755 on Monday, raising questions about whether last Thursday’s peak marked the end of the current Bull Run. However, several indicators suggest […]
Firm supported by Bill Ackman selling delayed Seaport lot for $150M — much less than its 2018 price.
Change on the Horizon for Downtown Site A significant transformation may be in store for one of Downtown’s longstanding development sites as billionaire hedge fund manager Bill Ackman’s company, SEG, has reached an agreement to sell 250 Water St. for $150.5 million. This unattractive lot, located near South Street Seaport and inherited by SEG from […]
Gold price update for August 18, 2025
As of 9:05 am today, gold prices stand at $3,343 per ounce. This marks a slight decrease of $1 from yesterday but is still an increase of over $839 compared to last year. Yesterday’s gold price was $3,344, reflecting a change of +0.03%. A month ago, it was $3,360, showing a rise of +0.51%. However, […]
Gold price update for Monday, August 18: Gold starts above $3,380 as investors seek hints on interest rates.
Gold Futures and Market Insights Gold futures opened at $3,382.40 per ounce on Monday, showing an increase of 1.4% from Friday’s closing price of $3,336. During August, prices have fluctuated between $3,281 and $3,477. On Friday, Federal Reserve Chair Jerome Powell is set to deliver a key speech at the Jackson Hole Economic Symposium. Investors […]