| Mobile Web

Search results for FOMC

Finance

KOSPI faces rebound test as Samsung Electronics and SK Hynix shareholder returns in focus

South Korea\'s stock market will test the scope for a rebound this week as investors weigh the U.S. Federal Open Market Committee meeting and major earnings at home and abroad. With doubts persisting about the profitability of AI investment, semiconductor results and future investment plans are expected to shape sentiment. SK Hynix reports third-quarter earnings on Oct. 28 and Samsung Electronics releases final third-quarter figures on Oct. 29, with attention on HBM demand, capex and shareholder returns.

Crypto

Bitcoin faces watershed in next 45 days as eyes turn to U.S. FOMC

Bitcoin needs to confirm entry into a new upcycle within the next 30 to 45 days, an analysis said. Market analyst Bob Loukas said the cryptocurrency has built a base after a long period of sideways trading and is at a turning point for its medium-term direction. He set $79,600 as a key closing support over the next 45 days and flagged the late-October to early-December window, the U.S. FOMC meeting and a $12 billion options expiry as near-term variables.

Crypto

Bitcoin holds $80,000 as stablecoin payments spread

Over the past week, the global crypto market’s key theme was resilience. Bitcoin held $80,000 despite a CPI shock, while XRP defended $1.30 even as public interest faded. Investors are watching U.S. PMI data and the Oct. 27-28 FOMC, as well as Ripple’s Swell event. Stablecoins and tokenisation are spreading into mainstream payment rails. In South Korea, tax deferral bills and a forthcoming digital assets framework are emerging variables.