Recent News
- Stablecoins have emerged as the key driver of digital financial infrastructure, bridging traditional finance and DeFi by enabling instant, regulated, and borderless transactions.
- US Government Shutdown Ends, But CPI Data Unlikely to be Released; US and European Stock Markets Advance; December Fed Rate Cut Chance Nears 50-50; Precious Metals Higher, Silver Nears Record; USD/JPY Breaks ¥155; Crude Oil Falls on Glut; UK GDP Contracts
- Prospect of US Government Shutdown End Today Sends Flow from Yen to Risk; Stocks Rise; CME FedWatch Shows Small Increase to 65% Chance of December Cut; Bitcoin Falters
- Prospect of US Government Shutdown Sends Flow from Yen to Risk; Stocks Consolidate; Fed's Miran Advocates 0.50% Rate Cut, CME FedWatch Shows Only 63% of December Cut
- Senate Democrats Signal Willingness to Compromise on US Government Shutdown; President Trump Floats $2k Tariff "Dividend"; Stocks, Risky Assets Rise; China Opens Export of Several Rare Earths
- The Bank of England (BoE) maintained the Bank Rate at 4.0% at today’s policy meeting, but more members voted for a rate cut than the consensus forecast anticipated.
- Bank of England to Hold Policy Meeting Today, 3 Votes for Rate Cut Expected; Fed's Miran Sees +42k ADP Employment as "Welcome Surprise", Calls for December Rate Cut; Stocks Rise, US Dollar Falls; Trump Expects GDP Growth of 4.2% in Q3; Japan Rate Hike Doubt as Real Wages Fall Again
- Stock Markets Continue to Fall, Increasing Fear of Unsustainable Tech Valuations; US Supreme Court to Begin Hearing Case on Legality of Trump's Tariffs; China Removing / Suspending Tariffs on USA