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\n

The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n

\"\"<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
1 2

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n

The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n

\"\"<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
1 2

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Although markets were quick to recover after news that the U.S. was not getting involved, only applying sanctions. The markets started to rally after this news, Joe Biden stated that the U.S. will only limit Russia's ability to \u201cdo business in dollars, euros, pounds, and yen to be part of the global economy.\u201d<\/p>\n\n\n\n

Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n

The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n

\"\"<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
1 2

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Due to the recent news of Russia's invasion of Ukraine, markets took a sharp hit<\/a>.<\/p>\n\n\n\n

Although markets were quick to recover after news that the U.S. was not getting involved, only applying sanctions. The markets started to rally after this news, Joe Biden stated that the U.S. will only limit Russia's ability to \u201cdo business in dollars, euros, pounds, and yen to be part of the global economy.\u201d<\/p>\n\n\n\n

Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n

The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n

\"\"<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
1 2

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

Meanwhile, the fear of a recession is growing. Christopher Rupkey, the chief economist at FWDBONDS, recently said, \u2018\u2018after months and months of watching, for the first time, we can say we see a recession coming, and it will be a miracle if we don\u2019t have a downturn in the economy.\u2019\u2019<\/em><\/p>\n","post_title":"Recession Fears And A Slow Labour Market Exert Pressure On Stocks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"recession-fears-and-a-slow-labour-market-exert-pressure-on-stocks","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:22","post_modified_gmt":"2023-04-27 02:02:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3623,"post_author":"1","post_date":"2022-02-27 00:49:59","post_date_gmt":"2022-02-26 13:49:59","post_content":"\n

Due to the recent news of Russia's invasion of Ukraine, markets took a sharp hit<\/a>.<\/p>\n\n\n\n

Although markets were quick to recover after news that the U.S. was not getting involved, only applying sanctions. The markets started to rally after this news, Joe Biden stated that the U.S. will only limit Russia's ability to \u201cdo business in dollars, euros, pounds, and yen to be part of the global economy.\u201d<\/p>\n\n\n\n

Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n

The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n

\"\"<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
1 2

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The slowing economy has also impacted the forex market at a time traders are speculating a 25\u00a0bps<\/a> in the US rate cut this year. For example, the euro is around last week\u2019s one-year high at $1.0971, while the Yen jumped to 133 to the greenback in the period. On the other hand, the economic data shows that Aussie and New Zealand dollars dropped this week.<\/p>\n\n\n\n

Meanwhile, the fear of a recession is growing. Christopher Rupkey, the chief economist at FWDBONDS, recently said, \u2018\u2018after months and months of watching, for the first time, we can say we see a recession coming, and it will be a miracle if we don\u2019t have a downturn in the economy.\u2019\u2019<\/em><\/p>\n","post_title":"Recession Fears And A Slow Labour Market Exert Pressure On Stocks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"recession-fears-and-a-slow-labour-market-exert-pressure-on-stocks","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:22","post_modified_gmt":"2023-04-27 02:02:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3623,"post_author":"1","post_date":"2022-02-27 00:49:59","post_date_gmt":"2022-02-26 13:49:59","post_content":"\n

Due to the recent news of Russia's invasion of Ukraine, markets took a sharp hit<\/a>.<\/p>\n\n\n\n

Although markets were quick to recover after news that the U.S. was not getting involved, only applying sanctions. The markets started to rally after this news, Joe Biden stated that the U.S. will only limit Russia's ability to \u201cdo business in dollars, euros, pounds, and yen to be part of the global economy.\u201d<\/p>\n\n\n\n

Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n

The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n

\"\"<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
1 2

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Impact On The Forex Market<\/h2>\n\n\n\n

The slowing economy has also impacted the forex market at a time traders are speculating a 25\u00a0bps<\/a> in the US rate cut this year. For example, the euro is around last week\u2019s one-year high at $1.0971, while the Yen jumped to 133 to the greenback in the period. On the other hand, the economic data shows that Aussie and New Zealand dollars dropped this week.<\/p>\n\n\n\n

Meanwhile, the fear of a recession is growing. Christopher Rupkey, the chief economist at FWDBONDS, recently said, \u2018\u2018after months and months of watching, for the first time, we can say we see a recession coming, and it will be a miracle if we don\u2019t have a downturn in the economy.\u2019\u2019<\/em><\/p>\n","post_title":"Recession Fears And A Slow Labour Market Exert Pressure On Stocks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"recession-fears-and-a-slow-labour-market-exert-pressure-on-stocks","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:22","post_modified_gmt":"2023-04-27 02:02:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3623,"post_author":"1","post_date":"2022-02-27 00:49:59","post_date_gmt":"2022-02-26 13:49:59","post_content":"\n

Due to the recent news of Russia's invasion of Ukraine, markets took a sharp hit<\/a>.<\/p>\n\n\n\n

Although markets were quick to recover after news that the U.S. was not getting involved, only applying sanctions. The markets started to rally after this news, Joe Biden stated that the U.S. will only limit Russia's ability to \u201cdo business in dollars, euros, pounds, and yen to be part of the global economy.\u201d<\/p>\n\n\n\n

Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n

The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n

\"\"<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
1 2

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Across the global financial markets, in a report<\/a> by Reuters, the Asian stocks plunged Friday to the lowest in the weekly chart in about one and a half months. The MSCI\u2019s index of shares outside Japan dropped 0.9% to as low as 1.7%, the worst performance since the banking crisis last month. Tesla stock, for instance, is among those that witnessed selling pressure, dropping 10% on Thursday.<\/p>\n\n\n\n

Impact On The Forex Market<\/h2>\n\n\n\n

The slowing economy has also impacted the forex market at a time traders are speculating a 25\u00a0bps<\/a> in the US rate cut this year. For example, the euro is around last week\u2019s one-year high at $1.0971, while the Yen jumped to 133 to the greenback in the period. On the other hand, the economic data shows that Aussie and New Zealand dollars dropped this week.<\/p>\n\n\n\n

Meanwhile, the fear of a recession is growing. Christopher Rupkey, the chief economist at FWDBONDS, recently said, \u2018\u2018after months and months of watching, for the first time, we can say we see a recession coming, and it will be a miracle if we don\u2019t have a downturn in the economy.\u2019\u2019<\/em><\/p>\n","post_title":"Recession Fears And A Slow Labour Market Exert Pressure On Stocks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"recession-fears-and-a-slow-labour-market-exert-pressure-on-stocks","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:22","post_modified_gmt":"2023-04-27 02:02:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3623,"post_author":"1","post_date":"2022-02-27 00:49:59","post_date_gmt":"2022-02-26 13:49:59","post_content":"\n

Due to the recent news of Russia's invasion of Ukraine, markets took a sharp hit<\/a>.<\/p>\n\n\n\n

Although markets were quick to recover after news that the U.S. was not getting involved, only applying sanctions. The markets started to rally after this news, Joe Biden stated that the U.S. will only limit Russia's ability to \u201cdo business in dollars, euros, pounds, and yen to be part of the global economy.\u201d<\/p>\n\n\n\n

Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n

The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n

\"\"<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
1 2

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

According to the US Department of Labor<\/a>, the number of Americans filing unemployment claims rose in March, signifying a slowing labour market since the Federal Reserve\u2019s interest rate hike affected the demand for goods and services.<\/p>\n\n\n\n

Across the global financial markets, in a report<\/a> by Reuters, the Asian stocks plunged Friday to the lowest in the weekly chart in about one and a half months. The MSCI\u2019s index of shares outside Japan dropped 0.9% to as low as 1.7%, the worst performance since the banking crisis last month. Tesla stock, for instance, is among those that witnessed selling pressure, dropping 10% on Thursday.<\/p>\n\n\n\n

Impact On The Forex Market<\/h2>\n\n\n\n

The slowing economy has also impacted the forex market at a time traders are speculating a 25\u00a0bps<\/a> in the US rate cut this year. For example, the euro is around last week\u2019s one-year high at $1.0971, while the Yen jumped to 133 to the greenback in the period. On the other hand, the economic data shows that Aussie and New Zealand dollars dropped this week.<\/p>\n\n\n\n

Meanwhile, the fear of a recession is growing. Christopher Rupkey, the chief economist at FWDBONDS, recently said, \u2018\u2018after months and months of watching, for the first time, we can say we see a recession coming, and it will be a miracle if we don\u2019t have a downturn in the economy.\u2019\u2019<\/em><\/p>\n","post_title":"Recession Fears And A Slow Labour Market Exert Pressure On Stocks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"recession-fears-and-a-slow-labour-market-exert-pressure-on-stocks","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:22","post_modified_gmt":"2023-04-27 02:02:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3623,"post_author":"1","post_date":"2022-02-27 00:49:59","post_date_gmt":"2022-02-26 13:49:59","post_content":"\n

Due to the recent news of Russia's invasion of Ukraine, markets took a sharp hit<\/a>.<\/p>\n\n\n\n

Although markets were quick to recover after news that the U.S. was not getting involved, only applying sanctions. The markets started to rally after this news, Joe Biden stated that the U.S. will only limit Russia's ability to \u201cdo business in dollars, euros, pounds, and yen to be part of the global economy.\u201d<\/p>\n\n\n\n

Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n

The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n

\"\"<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
1 2

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

There are concerns the global economy could be headed to a recession; something combined with a slowing labour market and rising unemployment, has caused a slide in the price of major stocks.<\/p>\n\n\n\n

According to the US Department of Labor<\/a>, the number of Americans filing unemployment claims rose in March, signifying a slowing labour market since the Federal Reserve\u2019s interest rate hike affected the demand for goods and services.<\/p>\n\n\n\n

Across the global financial markets, in a report<\/a> by Reuters, the Asian stocks plunged Friday to the lowest in the weekly chart in about one and a half months. The MSCI\u2019s index of shares outside Japan dropped 0.9% to as low as 1.7%, the worst performance since the banking crisis last month. Tesla stock, for instance, is among those that witnessed selling pressure, dropping 10% on Thursday.<\/p>\n\n\n\n

Impact On The Forex Market<\/h2>\n\n\n\n

The slowing economy has also impacted the forex market at a time traders are speculating a 25\u00a0bps<\/a> in the US rate cut this year. For example, the euro is around last week\u2019s one-year high at $1.0971, while the Yen jumped to 133 to the greenback in the period. On the other hand, the economic data shows that Aussie and New Zealand dollars dropped this week.<\/p>\n\n\n\n

Meanwhile, the fear of a recession is growing. Christopher Rupkey, the chief economist at FWDBONDS, recently said, \u2018\u2018after months and months of watching, for the first time, we can say we see a recession coming, and it will be a miracle if we don\u2019t have a downturn in the economy.\u2019\u2019<\/em><\/p>\n","post_title":"Recession Fears And A Slow Labour Market Exert Pressure On Stocks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"recession-fears-and-a-slow-labour-market-exert-pressure-on-stocks","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:22","post_modified_gmt":"2023-04-27 02:02:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3623,"post_author":"1","post_date":"2022-02-27 00:49:59","post_date_gmt":"2022-02-26 13:49:59","post_content":"\n

Due to the recent news of Russia's invasion of Ukraine, markets took a sharp hit<\/a>.<\/p>\n\n\n\n

Although markets were quick to recover after news that the U.S. was not getting involved, only applying sanctions. The markets started to rally after this news, Joe Biden stated that the U.S. will only limit Russia's ability to \u201cdo business in dollars, euros, pounds, and yen to be part of the global economy.\u201d<\/p>\n\n\n\n

Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n

The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n

\"\"<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
1 2

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
  • A weak retail and manufacturing output is also weakening the financial markets.<\/li>\n<\/ul>\n\n\n\n

    There are concerns the global economy could be headed to a recession; something combined with a slowing labour market and rising unemployment, has caused a slide in the price of major stocks.<\/p>\n\n\n\n

    According to the US Department of Labor<\/a>, the number of Americans filing unemployment claims rose in March, signifying a slowing labour market since the Federal Reserve\u2019s interest rate hike affected the demand for goods and services.<\/p>\n\n\n\n

    Across the global financial markets, in a report<\/a> by Reuters, the Asian stocks plunged Friday to the lowest in the weekly chart in about one and a half months. The MSCI\u2019s index of shares outside Japan dropped 0.9% to as low as 1.7%, the worst performance since the banking crisis last month. Tesla stock, for instance, is among those that witnessed selling pressure, dropping 10% on Thursday.<\/p>\n\n\n\n

    Impact On The Forex Market<\/h2>\n\n\n\n

    The slowing economy has also impacted the forex market at a time traders are speculating a 25\u00a0bps<\/a> in the US rate cut this year. For example, the euro is around last week\u2019s one-year high at $1.0971, while the Yen jumped to 133 to the greenback in the period. On the other hand, the economic data shows that Aussie and New Zealand dollars dropped this week.<\/p>\n\n\n\n

    Meanwhile, the fear of a recession is growing. Christopher Rupkey, the chief economist at FWDBONDS, recently said, \u2018\u2018after months and months of watching, for the first time, we can say we see a recession coming, and it will be a miracle if we don\u2019t have a downturn in the economy.\u2019\u2019<\/em><\/p>\n","post_title":"Recession Fears And A Slow Labour Market Exert Pressure On Stocks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"recession-fears-and-a-slow-labour-market-exert-pressure-on-stocks","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:22","post_modified_gmt":"2023-04-27 02:02:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3623,"post_author":"1","post_date":"2022-02-27 00:49:59","post_date_gmt":"2022-02-26 13:49:59","post_content":"\n

    Due to the recent news of Russia's invasion of Ukraine, markets took a sharp hit<\/a>.<\/p>\n\n\n\n

    Although markets were quick to recover after news that the U.S. was not getting involved, only applying sanctions. The markets started to rally after this news, Joe Biden stated that the U.S. will only limit Russia's ability to \u201cdo business in dollars, euros, pounds, and yen to be part of the global economy.\u201d<\/p>\n\n\n\n

    Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n

    The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n

    \"\"<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
    1 2

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n
  • Since the Fed hiked interest rates, the demand for goods and services has been affected.<\/li>\n\n\n\n
  • A weak retail and manufacturing output is also weakening the financial markets.<\/li>\n<\/ul>\n\n\n\n

    There are concerns the global economy could be headed to a recession; something combined with a slowing labour market and rising unemployment, has caused a slide in the price of major stocks.<\/p>\n\n\n\n

    According to the US Department of Labor<\/a>, the number of Americans filing unemployment claims rose in March, signifying a slowing labour market since the Federal Reserve\u2019s interest rate hike affected the demand for goods and services.<\/p>\n\n\n\n

    Across the global financial markets, in a report<\/a> by Reuters, the Asian stocks plunged Friday to the lowest in the weekly chart in about one and a half months. The MSCI\u2019s index of shares outside Japan dropped 0.9% to as low as 1.7%, the worst performance since the banking crisis last month. Tesla stock, for instance, is among those that witnessed selling pressure, dropping 10% on Thursday.<\/p>\n\n\n\n

    Impact On The Forex Market<\/h2>\n\n\n\n

    The slowing economy has also impacted the forex market at a time traders are speculating a 25\u00a0bps<\/a> in the US rate cut this year. For example, the euro is around last week\u2019s one-year high at $1.0971, while the Yen jumped to 133 to the greenback in the period. On the other hand, the economic data shows that Aussie and New Zealand dollars dropped this week.<\/p>\n\n\n\n

    Meanwhile, the fear of a recession is growing. Christopher Rupkey, the chief economist at FWDBONDS, recently said, \u2018\u2018after months and months of watching, for the first time, we can say we see a recession coming, and it will be a miracle if we don\u2019t have a downturn in the economy.\u2019\u2019<\/em><\/p>\n","post_title":"Recession Fears And A Slow Labour Market Exert Pressure On Stocks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"recession-fears-and-a-slow-labour-market-exert-pressure-on-stocks","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:22","post_modified_gmt":"2023-04-27 02:02:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3623,"post_author":"1","post_date":"2022-02-27 00:49:59","post_date_gmt":"2022-02-26 13:49:59","post_content":"\n

    Due to the recent news of Russia's invasion of Ukraine, markets took a sharp hit<\/a>.<\/p>\n\n\n\n

    Although markets were quick to recover after news that the U.S. was not getting involved, only applying sanctions. The markets started to rally after this news, Joe Biden stated that the U.S. will only limit Russia's ability to \u201cdo business in dollars, euros, pounds, and yen to be part of the global economy.\u201d<\/p>\n\n\n\n

    Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n

    The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n

    \"\"<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
    1 2

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n
      \n
    • Since the Fed hiked interest rates, the demand for goods and services has been affected.<\/li>\n\n\n\n
    • A weak retail and manufacturing output is also weakening the financial markets.<\/li>\n<\/ul>\n\n\n\n

      There are concerns the global economy could be headed to a recession; something combined with a slowing labour market and rising unemployment, has caused a slide in the price of major stocks.<\/p>\n\n\n\n

      According to the US Department of Labor<\/a>, the number of Americans filing unemployment claims rose in March, signifying a slowing labour market since the Federal Reserve\u2019s interest rate hike affected the demand for goods and services.<\/p>\n\n\n\n

      Across the global financial markets, in a report<\/a> by Reuters, the Asian stocks plunged Friday to the lowest in the weekly chart in about one and a half months. The MSCI\u2019s index of shares outside Japan dropped 0.9% to as low as 1.7%, the worst performance since the banking crisis last month. Tesla stock, for instance, is among those that witnessed selling pressure, dropping 10% on Thursday.<\/p>\n\n\n\n

      Impact On The Forex Market<\/h2>\n\n\n\n

      The slowing economy has also impacted the forex market at a time traders are speculating a 25\u00a0bps<\/a> in the US rate cut this year. For example, the euro is around last week\u2019s one-year high at $1.0971, while the Yen jumped to 133 to the greenback in the period. On the other hand, the economic data shows that Aussie and New Zealand dollars dropped this week.<\/p>\n\n\n\n

      Meanwhile, the fear of a recession is growing. Christopher Rupkey, the chief economist at FWDBONDS, recently said, \u2018\u2018after months and months of watching, for the first time, we can say we see a recession coming, and it will be a miracle if we don\u2019t have a downturn in the economy.\u2019\u2019<\/em><\/p>\n","post_title":"Recession Fears And A Slow Labour Market Exert Pressure On Stocks","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"recession-fears-and-a-slow-labour-market-exert-pressure-on-stocks","to_ping":"","pinged":"","post_modified":"2023-04-27 12:02:22","post_modified_gmt":"2023-04-27 02:02:22","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3623,"post_author":"1","post_date":"2022-02-27 00:49:59","post_date_gmt":"2022-02-26 13:49:59","post_content":"\n

      Due to the recent news of Russia's invasion of Ukraine, markets took a sharp hit<\/a>.<\/p>\n\n\n\n

      Although markets were quick to recover after news that the U.S. was not getting involved, only applying sanctions. The markets started to rally after this news, Joe Biden stated that the U.S. will only limit Russia's ability to \u201cdo business in dollars, euros, pounds, and yen to be part of the global economy.\u201d<\/p>\n\n\n\n

      Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n

      The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n

      \"\"<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
      1 2

      Most Read

      Subscribe To Our Newsletter

      By subscribing, you agree with our privacy and terms.

      Follow The Distributed

      Twitter Instagram Youtube LinkedIn Facebook RSS
      ADVERTISEMENT

      Stock Market

      1 2

      Most Read

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      By subscribing, you agree with our privacy and terms.

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      ADVERTISEMENT
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