What Bitcoin, Ethereum Traders Should Watch Ahead of Fed Rate Decision

The U.S. central bank seems almost certain to cut interest rates on Wednesday but it’s unclear whether bankers will end quantitative tightening (QT) and what its impact might be on crypto markets, analysts told Decrypt .QT is when the Federal Reserve reduces the amount of money in the financial system by letting its bond holdings shrink—pulling cash out of circulation to cool the economy and fight inflation. It’s the opposite of quantitative easing (QE), when the Fed pumps money in by buying bonds.Crypto traders mock quantitative easing by referring to the Fed’s money printer going brr as it p…

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How the Narrative Around Helen of Troy Is Evolving After Recent Analyst and Business Updates

Helen of Troy’s stock narrative has recently shifted, as the consensus fair value remains steady at $29.33 despite ongoing market developments. Analysts highlight that the unchanged discount rate and revenue growth estimate indicate a period of stability for the company’s valuation. Readers interested in following how expert perspectives continue to shape Helen of Troy’s outlook should stay tuned for further updates on this evolving story.🐂 Bullish TakeawaysDespite lowering its price target, UBS maintained a Neutral rating on Helen of Troy. This indicates a balanced view rather than an outrigh…

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Big Tech earnings this week: What investors should expect

Transcript:Caroline Woods: In terms of tech earnings, we have five of the big 7 on deck this week. What are you expecting to hear? Could that potentially derail this rally?Jessica Inskip: If it's not all beaten raise it certainly could. It has the potential. It's all about how the market digests those type of earnings. What I think is important one we have very good earnings thus far. We are beating consistently. I think we're at 87% Last time I checked the mag five that are coming this week, I think it's different now that they're all around the same day, and a lot on a Fed bad day. Now the m…

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Trump Heads to South Korea With Pivotal Trade Questions Looming

(Bloomberg) -- US President Donald Trump heads to South Korea on Wednesday for a high-stakes meeting with counterpart Lee Jae Myung, as the leaders seek to hammer out the details of a $350 billion investment pledge at the heart of a critical trade deal between the two nations.South Korea is the final stop on Trump’s three-nation tour through Asia, as leaders gather for the Asia-Pacific Economic Cooperation summit in the southern city of Gyeongju. The US president’s meeting with Lee serves as an appetizer ahead of Thursday’s main course: a pivotal summit with Chinese leader Xi Jinping.Most Read…

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Wealthy traders are betting 98% on a 25 bps Fed rate cut

The Federal Open Market Committee (FOMC), the policy-making arm of the U.S. Federal Reserve, will convene for its next meeting on Oct. 28 and wrap up on Oct. 29. The gathering is drawing close attention from global investors, economists, and central banks for potential rate cuts.Ahead of the meeting, decentralized prediction platform Polymarket traders are betting a 98% chance that the Federal Reserve will lower its benchmark interest rate by 25 basis points during the meeting.Polymarket’s bet “Fed decision in October?” showed traders pricing in a 98% likelihood of a 25 bps cut. 1% was betting…

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Oil prices rise after US and China reach trade-deal framework

By Sam Li and Lewis Jackson(Reuters) -Oil prices rose on Monday after U.S. and Chinese economic officials sketched out a trade-deal framework, easing fears that tariffs and export curbs between the world's top two oil consumers could dent global economic growth.Brent crude futures rose 47 cents, or 0.71%, to $66.41 a barrel by 0629 GMT. U.S. West Texas Intermediate crude futures rose 44 cents, or 0.72%, to $61.94, after rising 8.9% and 7.7%, respectively, in the previous week on U.S. and EU sanctions on Russia.Haitong Securities said in a client note that market expectations have improved foll…

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