Economy

Economy
Economy

XRP shows a growing risk of a deeper correction: check forecast

XRP, like other leading cryptocurrencies, is under renewed pressure this week. The coin slipped below $1.31 on Tuesday, with fading trader interest, weakening derivatives metrics, and deteriorating technical structure, suggesting downside risk for XRP. There is a potential for a deeper correction in the near term, with the ongoing crisis in the Middle East piling

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Economy

Virgin Galactic stock is soaring: is this a dead-cat bounce or start of a rally?

The Virgin Galactic stock price has rebounded this week and is hovering at its highest point since January 28. It has soared by 45% from its lowest point this year, bringing the market capitalisation to $250 million. Top reasons why the Virgin Galactic stock has soared  The SPCE stock has soared in the past few

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Economy

UnitedHealth, US insurer stocks surge on Tuesday: here’s why

Shares of major US health insurers jumped in premarket trading on Tuesday following the government’s announcement of a larger-than-expected increase in 2027 payment rates for Medicare Advantage plans.  Insurance giant UnitedHealth led the rally, climbing 6.9%, while CVS Health, Elevance Health, Centene , and Molina Healthcare rose between 3.6% and 6%. Notably, Humana surged 10.7%,

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Economy

Goldman Sachs flags Big Tech buy as Iran war dents valuations

Big Tech stocks, which have come under sustained pressure in recent months, may be entering a more attractive phase for investors as valuations reset and geopolitical tensions reshape market dynamics, according to analysts at Goldman Sachs. The sector’s sharp pullback, exacerbated by the ongoing Iran conflict, has led to a reassessment of growth expectations and

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Economy

Dow Jones slip 200 points as Trump Iran deadline fuels market fears

Wall Street’s main indexes opened lower on Tuesday as investors assessed escalating tensions between the United States and Iran ahead of President Donald Trump’s deadline for Tehran to reopen the Strait of Hormuz. The Dow Jones Industrial Average was down 214 points, or 0.46%, while the S&P 500 index fell 0.42% and the Nasdaq 100

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Economy

ECB must hike rates in April to anchor inflation expectations: Commerzbank

Faced with the twin challenges of rising inflation and slowing growth driven by the oil price shock, the European Central Bank is under pressure to act, with Commerzbank AG anticipating the ECB to prioritise long-term inflation expectations and consider an interest rate hike as early as its next meeting at the end of April. While

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Economy

Zcash extends gains as the broader crypto market underperforms

The cryptocurrency market has been bearish over the past 24 hours, with Bitcoin and Ether currently in the red. Bitcoin hit the $70,000 mark on Monday but is now down 1.4% and is trading around $68,400. Ether also risks dropping below $2,000 if the selloff persists. However, ZEC, the native coin of the Zcash ecosystem,

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Economy

Copper price analysis ahead of US inflation data on Friday

Close to three weeks ago, Comex copper price dropped past the bullish trendline that had shaped its movements since the start of August 2025. While its long-term demand outlook remains bullish, the ongoing conflicts in the Middle East are clouding the short-term outlook.  A stronger US dollar and heightened inflation concerns are weighing on Dr.

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Economy

Dow Jones top gainers and laggards revealed: Nike, Salesforce, and more

The Dow Jones Index has pulled back in the past few weeks, moving from the year-to-date high of $50,485 to the current $46,500. This retreat has coincided with the ongoing Fear and Greed Index retreat to the extreme fear zone of 16. This article explores some of the top movers in the index. Nike stock

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Economy

Bitcoin price prediction as US-Iran considers a 45-day ceasefire

Bitcoin price ticked up slightly on Monday after a report said that the US and Iran were considering a longer ceasefire that could lead to the end of the war. BTC rose to $69,165 on Monday, up slightly from the weekend low of $66,000. US and Iran are discussing a 45-day ceasefire  Bitcoin price rose

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