Cryptocurrencies led by Bitcoin and Ethereum returned to gains today after a tepid weekend that followed four straight days of gains. Bitcoin is trading near the level of $26,677, and Ethereum at 1,632, at approximately six in the morning GMT, after noticeable gains we witnessed at dawn today.

Crude oil prices trimmed the gains they achieved yesterday, after reaching new record levels this year and representing more high levels that we have not seen since mid-November of last year.

Fears of not fully controlling inflation and the risk of stopping too soon must have surpassed concerns about the rising risk of recession in the euro area.

Since the beginning of trading on Thursday, U.S. stock market indicators have been preparing for clear gains. The S&P 500 index is currently trading at $4,500, up 0.4%, while the Dow Jones index has risen by 0.3% or about 100 points, and the Nasdaq 100 has added about 0.5%.

At the onset of Tuesday’s trading, gold prices aimed to push their gains further, touching $1923.50 per ounce due to a weakening US dollar. Yet, the gains were short-lived, offset by the uptick in US Treasury bond yields, bringing the prices down to $1912.60.

The euro zone is grappling with challenges. Even though inflation is descending at a sluggish pace, the economic growth remains static.

On 23 August 2023, EuroCTP B.V. has been established as a company that aims to tender as the European Union consolidated tape provider for equities and ETFs.

The semiconductor sector anticipates a rebound and growth by 2024 following a phase of declining sales. The rise is primarily attributed to chips crafted for AI applications.

The US stock market has recorded a negative week with some price corrections potentially ahead still as traders consider economic data and the trajectory of monetary policy.

UiPath, Inc. (NYSE: PATH), a leading enterprise automation software company, announced financial results for its second quarter fiscal 2024 that were above analyst’s expectations.

AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, announces that the Financial Supervisory Authority (ASF) has approved the prospectus for the admission to trading of AROBS shares on The Main Market of the Bucharest Stock Exchange.

Retail sales in July experienced a marginal decline of 0.2%, a bit worse than anticipated. Although this isn’t a promising start to Q3, the data suggests that the years-long downward trend in sales is beginning to stabilize.

Cryptocurrencies continue to trade sideways, led by Bitcoin hovering near the 26,000 level and Ethereum at $1,640.

In August, U.S. non-farm employment figures rose by 187,000, surpassing the expected 170,000. However, the downward adjustment of 110,000 jobs over the previous two months suggests a continuing deceleration in job growth.

The inflation rate in the Eurozone held steady at 5.3% in August, with core inflation also dipping to 5.3% from July’s 5.5%.

Cryptocurrency prices are settling today, led by Bitcoin, which is trading near $27,250 levels, as well as Ethereum, which is settling at $1,700. While these levels are higher than what we had seen over the past week, in light of more positive developments in the judicial battles that are still clouding the cryptocurrency market.

The ADP employment report that was published yesterday disappointed economists, revealing a mere 177,000 growth in private sector jobs, falling short of the anticipated 195,000 and dramatically lower than the prior figure of 312,000.

One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use and office real estate, posts a consolidated turnover of 171 million euros in H1 2023, a 26% increase compared to H1 2022.

The Cryptocurrency market is witnessing a downward trend on Monday, with Bitcoin and most major alternative currencies trading in the red zone. The current price of Bitcoin is at $25,948.50.

During his speech at Jackson Hole, the Chairman of the Federal Reserve, Jerome Powell, underscored the Fed’s commitment to achieving and maintaining a 2% inflation rate.

Nvidia (NVDA.US) released a report that notably exceeded Wall Street’s forecasts in terms of revenue and earnings per share. There was a marked increase in revenue from the Data Center (AI) division, and the outlook presented was notably optimistic.

After a sharp decline since the beginning of Tuesday’s trading, crude oil prices have stabilized near strong support levels around $78 per barrel.

Eurozone business activity contracted at an accelerating pace in August as the region’s downturn spread further from manufacturing to services.

During the past weekend over the last two days, Bitcoin traders were surprised by a significant downward movement that brought the price of Bitcoin to levels around $24,000. Historically, it’s unusual for Bitcoin or cryptocurrency currencies to experience price fluctuations of around 10% within just two or three days.

During the past week, we witnessed a remarkable rise in the yields of the 10-year US Treasury bonds to the highest levels that we have not seen since the year 2007. These rises constituted an impediment to the progress of the US stock market, with mixed signals from the bond market.

In today’s rapidly evolving financial landscape, fintechs (financial technology firms) stand out as dynamic disruptors that blend technology and finance in innovative ways.

The results of the largest retail chain in the US, WalMart (WMT.US), confirmed the overall strength of the US consumer and the good health of the company’s business.

The price of Bitcoin falls sharply after rumors appeared on the WSJ yesterday night that SpaceX had sold its entire investment in the cryptocurrency, worth $373 million.

Wall Street indices continued their descent yesterday, coinciding with the ongoing rise in Treasury bond yields to their all-time highs. The Dow Jones index dipped below the 50-day moving average, joining the Nasdaq and the S&P 500 in their losses.

The European Union is grappling with a complex challenge: aiming to strengthen its presence in the global economic landscape while diminishing reliance on Asia’s powerhouse.

Jacobi Company Lists Europe’s First ETF in Amsterdam, Unveiling the Jacobi FT Wilshire Bitcoin ETF. This ETF marks a pioneering effort in the realm of digital currencies, offering a groundbreaking integrated solution that verifies Renewable Energy Certificates (RECs), enabling investors to access Bitcoin’s benefits while achieving ESG goals.

Gold prices continue to decline in the second session this week, reaching the level of $1904 an ounce, at around 9:00 GMT today. This continuous pressure on gold comes with the strength of the US dollar and the rise in US Treasury yields

Oil prices retreated at the beginning of Monday’s trading after seven consecutive weeks of gains, supported by OPEC+ supply cuts.

Romania’s presence in the MSCI indices will increase, as of September 1st, from 12 to 22 companies, following the quarterly review of the indices, carried out by the international index provider MSCI, in August.

Oil prices shrugged off demand concerns in China and surged to their highest level in three months during yesterday’s trading. At the beginning of today’s Thursday session, they settled at $83.76 per barrel.

According to the latest Consumer Expectations Survey from European Central Bank inflation is expected to decrease both for the next 12 months and for the three years ahead.

The price of Bitcoin is trading steadily near the $29,217 level, while other Cryptocurrencies are experiencing a decline during Tuesday’s trading.

Berkshire Hathaway (BRKB.US) showcased a robust Q2 performance, propelling its stock towards an all-time high.

Crude oil prices resumed their gains at the beginning of the new week, heading again to the highest levels in nearly 70 days.

Saudi Aramco, one of the world’s largest integrated energy and chemicals companies in the world announced second quarter and half year 2023 results that were heavily impacted by the decline in oil prices.

The US jobs report for July presents a mixed picture. Non-farm payrolls increased by 187k, slightly below the expected 200k, and there were 49k downward revisions.

Wall Street was anticipating yesterday’s reports from Amazon (AMZN.US) and Apple (AAPL.US) – the two companies have a combined value of about $4.5 trillion and significant weightings in major stock indexes.

It seems that the price of gold is at a crossroads as the weekend approaches, coinciding with the rise of the US dollar and the yields of US Treasury bonds. Traders and investors are anticipating more significant market events, notably the release of Non-Farm Payrolls data later today.

In early August, the Fitch agency surprisingly decided to downgrade the credit rating of the USA from the highest possible rating AAA to AA +.

Yesterday, we saw the S&P 500 decline by 1.38% after Fitch’s surprise decision to downgrade the US credit rating from the highest notch at AAA to the second highest at AA+.

Yesterday witnessed a sharp decline in oil prices, as West Texas Intermediate (WTI) crude oil futures fell from the high levels of $82 a barrel to below $80 for the first time since July 28, and closed with a loss of 2.31%.

The European Bank for Reconstruction and Development (EBRD), the Bucharest Stock Exchange (BVB), and VERTIK have selected three companies to participate in the „Investor Relations and Liquidity Support Program” launched in Romania earlier this year.

Futures for American stock indices declined on Tuesday night after credit rating agency Fitch downgraded the long-term U.S. credit rating to AA+ from AAA, coinciding with traders continuing to assess the latest batch of second-quarter 2023 earnings results.

Fitch Ratings has downgraded the United States of America’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘AA+’ from ‘AAA’. The Rating Watch Negative was removed and a Stable Outlook assigned. The Country Ceiling has been affirmed at ‘AAA’.