Day: January 8, 2025

Bitcoin struggles as bull market grinds to a halt: Where is crypto headed?

Bitcoin faces mounting selling pressure and pulls back close to $95,000 support on Wednesday. Top 5 altcoins struggle while XRP leads with over 2% gains on the day. The crypto market cap erased 7% of its value in the past 24 hours, down to $3.49 trillion. Experts believe Bitcoin price may consolidate further before demand returns to the market. submitted by /u/Demblin [link] [comments]

EUR/USD Price Analysis: Pair slides below 1.0300, indicators lose steam

EUR/USD declines by 0.48% on Wednesday, settling near 1.0295 after failing to break above the 20-day SMA. RSI falls sharply to 39 in negative territory, revealing intensified selling pressure. MACD histogram prints decreasing green bars, suggesting waning bullish momentum and a renewed downside tilt. submitted by /u/Demblin [link] [comments]

TKL: This has NEVER happened in recent history – In a sudden collapse, 30-year interest rates are now LOWER in China than Japan. China’s economy is currently being described as a “deflationary spiral” as seen in Japan in the 1990s. What does this mean? Let us explain.

Here’s a chart showing 30-year government bond yields in China vs Japan. As China cuts interest rates, Japan is raising interest rates. Not even the 2008 Financial Crisis saw Japanese yields rise above Chinese yields. China is now facing “Japanification” of its economy. https://preview.redd.it/zvadphbs2sbe1.png?width=900&format=png&auto=webp&s=fce97f5ce62391c3896926b915d190030a713cb2 Investors in China’s $11 trillion government bond market have never been so pessimistic about the world’s 2nd largest economy. As a result, we are now seeing the largest gap in US/Chinese bond yields in HISTORY. China’s $11 TRILLION bond market is flashing warning signs. https://preview.redd.it/oqhztm1v2sbe1.png?width=900&format=png&auto=webp&s=a10d80df61ef3aaac7ae05aa5d7f545f86b0a4e1 China has had 6-straight quarters of deflation for the first time since 1999. Population dynamics are shifting and the real estate collapse is worse than 2008. This is similar to what Japan saw in the 1990s. 25+ years later and Japan has still not recovered from this. https://preview.redd.it/ox0g3osx2sbe1.png?width=900&format=png&auto=webp&s=3279ca68fbc41fcd29297136351a5fce7c8fcfae Population dynamics are one of China’s largest similarities to Japan in the 1990s. In 2050, the proportion of Chinese over retirement age will be 39% of the total population. 45% of people will be aged 65 or older, up from 13% in 2010. This is due to the one-child policy. https://preview.redd.it/cl95qrj13sbe1.png?width=640&format=png&auto=webp&s=005d548640856d4f53104cfdb1eb4ff34334e02d This has led to a collapse in Chinese real estate. Since 2021, China’s real estate collapse has destroyed $18 TRILLION of Chinese household wealth. If you adjust 2008 losses in the US for inflation, it equals ~$17 trillion today. China’s 2008 is happening as we speak. https://preview.redd.it/d7vh6of43sbe1.png?width=679&format=png&auto=webp&s=638a1c910ea45c78e1c276006dcaf6373d356584 So, why aren’t markets around the world crashing? After all, China is the world’s 2nd largest economy, behind the US. Wouldn’t a 2008-like event in China have ripple effects around the world? For now, China and the US are in polar opposite situations. Deflation vs inflation. https://preview.redd.it/b6yzfhr73sbe1.png?width=900&format=png&auto=webp&s=37fdac97692382eff77c4e56eb44c0668fc3231d Now, consumer confidence has COLLAPSED in China and not even stimulus is helping. Over the last 3 years, consumer confidence in China is down ~ 50 points, to a near 30-year low. Such a drop in consumer assessment of the Chinese economy has almost never been seen before. https://preview.redd.it/xfaix5se3sbe1.png?width=654&format=png&auto=webp&s=2b00e5937e1d3eddeff69f7d36f2e58adb756ec1 This has led to the RAPID weakening of the Chinese Yuan, another crisis within a crisis. The Chinese Yuan is nearing its weakest level against the US Dollar since 2007! Currency markets are, in fact, trading like China is in their own modern-day 2008 real estate collapse. https://preview.redd.it/n9ujc3ph3sbe1.png?width=900&format=png&auto=webp&s=24bef7c71da26e1a11c5fe8c85fc7f57dca45cb0 Suddenly, it all makes sense why China is stocking up on gold reserves. China’s central bank resumed gold purchases in November. They now hold a record ~73 million fine troy ounces of gold. China’s central bank knows exactly what is happening; it’s a crisis. https://preview.redd.it/y0ro884l3sbe1.png?width=863&format=png&auto=webp&s=96d653b13192dc20c1d788f047a2fa718f3428be submitted by /u/XGramatik [link] [comments]

📊🤓⚡️🇨🇭 USD/CHF Continuation of growth!?🤔

🇨🇭Continuation of growth!? The asset has been moving upward for a long time. The price is in the resistance area of 0.9122, if this level is broken, the growth will continue. 💬 Do you think USDCHF can break 0.9122 resistance and continue to grow? Share your opinion in the comments. submitted by /u/Yuriy_UK [link] [comments]

Gold price breaks resistance with Trump mulling imposing economic state of emergency

Gold price edges higher for the second day in a row on Wednesday around the technical level of $2,655. President-elect Donald Trump is considering imposing an economic state of emergency which would allow to impose global tariffs quite quickly. Gold price remains stuck in a broad pennant technical formation, though starting to test upside levels. submitted by /u/Demblin [link] [comments]

Did you know poverty doesn’t just shape what we eat? The Living Standards Outlook 2024 [UK]: The number of children living in relative poverty is projected to reach 4.6 million by the end of the decade. Absolute poverty is set to stagnate at 18 per cent of the total population.

1️⃣ 💸 No Income ➡️ 🍔 No Healthy Food Low income limits access to nutritious foods like fish, fruits, and vegetables, forcing reliance on cheap, unhealthy options. 2️⃣ 🍔 Poor Diet ➡️ 🤒 Poor Health Lack of nutrition leads to malnutrition, chronic illnesses, and weakened mental and physical well-being. 3️⃣ 🤒 Poor Health ➡️ 📉 Poor Performance Health struggles reduce energy, focus, and productivity – harming education and job performance. 4️⃣ 📉 Poor Performance ➡️ 💸 No Income Reduced productivity limits earning potential, trapping individuals in poverty. 5️⃣ 💸 No Income ➡️ Slower GDP Growth This cycle hits the entire economy – driving up healthcare costs, shrinking the labor force, and stalling GDP growth. submitted by /u/FXgram_ [link] [comments]