Bitcoin spikes overnight amid short covering and Amazon (AMZN Stock) speculation [Video]


- Why did Bitcoin spike overnight? (00:00).

- China stocks hit overnight as Beijing tightens regulatory screws (2:51).

- US stocks futures review ahead of a big week for US earnings (3:48).

- UK COVID, Brexit and PM Johnson headlines for GBP (5:25).

- Technical look at WTI crude futures (8:09).

- Fauci talks about booster shots and mask-wearing (9:14).

- US infrastructure talks remain stuck in the mud for now (9:44).

- Main events this week with FOMC meeting & US Q2 GDP in focus (10:41).

Amplify Trading is a Limited company registered in England and Wales. Registered number 6798566. Registered address: 50 Bank Street, 3rd Floor, Canary Wharf, London, E24 5NS. Information or opinions provided by us should not be used for investment advice and do not constitute an offer to sell or solicitation of an offer to buy any securities or financial instruments or any advice or recommendation with respect to such securities or other financial instruments. When making a decision about your investments, you should seek the advice of a professional financial adviser.

Recommended Content


Recommended Content

Editors’ Picks

AUD/USD jumps above 0.6500 after hot Australian CPI data

AUD/USD jumps above 0.6500 after hot Australian CPI data

AUD/USD extended gains and recaptured 0.6500 in Asian trading, following the release of hotter-than-expected Australian inflation data. The Australian CPI rose 1% in QoQ in Q1 against 0.8% forecast, providing extra legs to the Australian Dollar upside. 

AUD/USD News

USD/JPY hangs near 34-year high at 154.88 as intervention risks loom

USD/JPY hangs near 34-year high at 154.88 as intervention risks loom

USD/JPY is sitting at a multi-decade high of 154.88 reached on Tuesday. Traders refrain from placing fresh bets on the pair as Japan's FX intervention risks loom. Broad US Dollar weakness also caps the upside in the major. US Durable Goods data are next on tap. 

USD/JPY News

Gold price cautious despite weaker US Dollar and falling US yields

Gold price cautious despite weaker US Dollar and falling US yields

Gold retreats modestly after failing to sustain gains despite fall in US Treasury yields, weaker US Dollar. XAU/USD struggles to capitalize following release of weaker-than-expected S&P Global PMIs, fueling speculation about potential Fed rate cuts.

Gold News

Crypto community reacts as BRICS considers launching stablecoin for international trade settlement

Crypto community reacts as BRICS considers launching stablecoin for international trade settlement

BRICS is intensifying efforts to reduce its reliance on the US dollar after plans for its stablecoin effort surfaced online on Tuesday. Most people expect the stablecoin to be backed by gold, considering BRICS nations have been accumulating large holdings of the commodity.

Read more

US versus the Eurozone: Inflation divergence causes monetary desynchronization

US versus the Eurozone: Inflation divergence causes monetary desynchronization

Historically there is a very close correlation between changes in US Treasury yields and German Bund yields. This is relevant at the current juncture, considering that the recent hawkish twist in the tone of the Fed might continue to push US long-term interest rates higher and put upward pressure on bond yields in the Eurozone.

Read more

Majors

Cryptocurrencies

Signatures