CEL Hits $1.5 But “Short Squeeze” Gains Quickly Wiped Out
Celsius remains in red despite attempts by the community to orchestrate a short squeeze.
FX Trading Volume Jumps 5% YOY as Currencies Become More Volatile
Average FX trading volume has reached record levels as the war in Ukraine as well as rate hikes keep the forex market volatile.
Here is the Window; Risk is to the Upside
Stocks were overdue for a bounce. That began in the final minutes Thursday and played out through much of Friday.
Oil & Gas Services Spending Splurge May be on the Horizon as Demand for US Energy Piles Up
Advanced economies around the word continue to eliminate Russian oil & gas from their energy mix as, over the weekend, G7 nations agreed to phase out all crude oil imports from Russia.
Global Liquidity Report: May 5, 2022
From here we will do some housecleaning before looking at the ‘Glengarry disclosures’ provided by Powell, which seem to have been the real catalyst to the rally.
Unamused Bouche
Fresh data out from the United Nations (UN) on Friday showed that food prices jumped to a record high last month.
El Salvador Postpones $1B Bitcoin Bond Issue Over ‘Unfavorable’ Market Conditions
El Salvador has postponed the issue of $1 billion worth of Bitcoin BTC backed bonds. According to a report from Reuters on Wednesday, the government opted to postpone the bond offering because prevailing market conditions are unfavorable.
The Boiled Frog
The metaphor captures the inability or unwillingness of people to react to or be aware of sinister threats that arise gradually rather than suddenly. The risk of cyberattacks is inevitably front of mind for all businesses.
Trapped Longs Across Assets
Fed week, the Federal Reserve begins their two-day policy meeting tomorrow. Concludes Wednesday at 1:00 pm CT.
El Salvador’s Small Merchants See Lure Of Bitcoin Riches Snatched Away As Crypto Prices Crash
Small businesses in El Salvador were supposed to be one of the biggest beneficiaries of the country’s adoption of Bitcoin as legal tender.