Tag: benchmark interest rate
Bitcoin Trades At A Small Premium In Yen Terms Following Suspected BOJ Intervention – CryptoInfoNet
Bitcoin (BTC) was trading at a slight premium on Japanese markets on Monday as the yen (JPY) suddenly strengthened against the dollar, showing signs...
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A Big Week Ahead in Global Monetary Policy
As the calendar year draws to a close, some of the major central banks are preparing for their final Monetary Policy meetings this coming...
JPMorgan’s Dimon Sounds the Alarm on Inflation, Recession, and Global Conflicts
At the 2023 New York Times DealBook Summit in New York, JPMorgan Chase CEO Jamie Dimon delivered a sobering message to Wall Street and...
Pro-Bitcoin President Milei Wants To Dissolve Argentinian Central Bank, Here’s Why | Bitcoinist.com – CryptoInfoNet
Pro-Bitcoin President-Elect Javier Milei has announced plans to dissolve Argentina’s Central Bank to combat the country’s economic crisis and inflationary pressures. Milei To Abolish Argentina’s...
Binance Keeps Losing Market Share as Crypto Trading Volumes Plunge to 9-Month Low
Leading cryptocurrency exchange volume has seen its spot trading volume plummet by 36.8% to $115 billion last month, the lowest level the cryptocurrency trading...
Week Ahead – US inflation key, ECB ponders rate pause, UK labor market data – MarketPulse
US
This week is all about the US CPI report and retail sales data. If the US demand for goods didn’t weaken that much...
Is the Pro Shares Bitcoin ETF Truly Accurate? Analysts Weigh In | Live Bitcoin News
Pro Shares was the U.S.’s first official bitcoin-based exchange-traded fund (ETF), though it’s taken a lot of flak over the past two years given...
WTI Oil Technical: Time for a potential short-term pullback – MarketPulse
Recent bullish breakout from “Descending Wedge” has led to a 10% rally to reach a medium-term resistance zone of US$83.80/84.90.
Technical elements are now...
The Fed Is Done Raising Interest Rates As Inflation on Path Lower, Says Fundstrat’s Tom Lee – The Daily Hodl
Fundstrat Global Advisors managing partner Tom Lee thinks the U.S. Federal Reserve is done raising its benchmark interest rate.
In a new interview with CNBC,...
ECB Raises Interest Rates by 0.25% Amid Inflation Concerns
The U.S Fed yesterday announced an interest rate hike of 25bps. The more stringent monetary policy is having an immediate effect, notably on bank...
US Will Pay $660,000,000,000 in Interest on National Debt This Year, Says Fiscal Sustainability Nonprofit – The Daily Hodl
A foundation created by billionaire Peter G. Peterson says rising interest rates will push the US government’s interest payments to over half a trillion...
US Banks Borrow $100,000,000,000 From Fed’s Emergency Lending Platform As Industry Fights Crisis of Confidence and Liquidity – The Daily Hodl
The Federal Reserve’s lending program to support US banks is in high demand as borrowings shatter $100 billion.
The latest data from the Fed shows...
Trading in SONIA Peaks on ICE as Investors Bet on Higher Interest Rates
Derivatives
trading on the Sterling Overnight Index Average (SONIA) reached a new height of
1.37 million futures and options contracts on May 24, International Exchange
(ICE) said...