... coins on its balance sheets. Nevertheless, after the halving, miners' margins remained under pressure. In April, total daily revenue from blocks (in dollars) dropped approximately 6% relative to March, despite the increase in prices – as the reward cut had its effect. Therefore, when the hash rate began to decline at the end of April, it was interpreted as a sign that some players were capitulating. In the industry, such episodes are referred to as "miner capitulation," often coinciding with local market bottoms. However, the current ...

... The current situation is reminiscent of 2000, when overheated dot-com stocks eventually collapsed. If the market overheats, the subsequent correction could be painful for retail investors. Fed policy and its impact on the market If the Fed does not cut rates as quickly as investors expect, the stock market may react negatively to the tightening of policy. Tough decisions by the regulator could lead to massive sell-offs, especially among speculative assets. Increased volatility and possible corrections ...

.... While fuel oil and diesel continue to dominate Russian petroleum exports, the increased gasoline exports amidst production cuts heighten the risk of shortages in the domestic market. In spring and summer 2024, the Russian fuel market entered another ... ... May 7 to July 8, reached 2.5%, compared to just 0.8% from March 5 to May 6. Diesel fuel prices also accelerated, with growth rates increasing from 0.9% to 1.3%, according to Rosstat. Unspoken Market Constraints Oil companies have incentives to raise ...

... labor market and GDP growth amid ongoing inflation risks, this signals a potential rate hike at the next meeting. Conversely, softened rhetoric and emphasis on slowing inflation could be interpreted as dovish, suggesting a prolonged pause or even a rate cut. The Australian dollar typically reacts sensitively to such nuances: firmer language supports the AUD, while softer language exerts pressure on it. Today's protocol indicated that the regulator is concerned about the gap between low unemployment and ...

... For the Fed, the combination of steady growth and elevated price readings in the service sector presents a policy dilemma. On one hand, the lack of any severe economic slowdown gives the Fed room to pause and assess incoming data rather than rush into rate cuts. On the other hand, the sticky inflation signals from the services PMI reinforce the case for remaining cautious and potentially keeping interest rates at a restrictive level until there is clearer evidence that inflation is on a sustained downward ...