High correlation between stocks inter se has meant that investors are all focusing on a single data point, whether central banks will tip the economy over into a recession.
Analysts have stopped revising down estimates for Chinese equities, suggesting that they may have hit a bottom.
Nation Group, one of the leading mass media in Thailand, invites all to join Thailand’s largest Metaverse event of the year “Thailand Metaverse Expo 2022” from July 14-16
Bitcoin struggles to get past US$30,000 and stays stuck within a relatively tight range that it's been held to for months.
Few catalysts to fuel an interim rally for Bitcoin…
Tesla (-7.46%) hiring freeze and job cuts are reflective of the new and more challenging economic operating environment.
Bitkub NFT comes back with Bitkub Fantastic 4th Airdrop Phenomenon campaign by airdropping about 30,000 items NFT to celebrate the 4th anniversary of Bitkub at Paragon and Central World.
The lack of rebound for Bitcoin despite a rebound in stocks may be due more to portfolio rebalancing for stocks and bonds than anything to do intrinsically with correlation.
U.S. Federal Reserve policymakers indicate their resolve for rate hikes even as the Beige Book report indicates that 4 out of 12 districts see slowing growth.
Bitcoin maintains well above US$30,000 but the resilience of the rebound is uncertain.
Top executives are buying the dip on their own stocks, a potential sign that a bottom may habe been reached.