Stocks finished mostly lower on the day, with the dropping 19 bps and the falling by 83 bps. Today, we get and , and based on the 1-Day, the market doesn’t seem as concerned, with the implied volatility gauge closing at 11.9 and well below the 19 levels seen ahead of the print. So, it…
Read More “Rates Wake Up to the Possibility That Fed Cuts May Not Come This Year” »
© Reuters. FILE PHOTO: U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Marc Jones LONDON (Reuters) – A total of 134 countries representing 98% of the global economy are now exploring digital versions of their currencies, with over half in advanced development, pilot or launch stages, a…
Read More “Countries closing in on digital currencies but US lagging, study shows By Reuters” »
© Reuters JMP Securities analysts are out with a compelling prediction about () prices. The investment firm suggests that Bitcoin price could potentially surge to $280,000 within the next three years, driven by the anticipated Bitcoin ETF inflows. This bold forecast has, as expected, garnered interest and ignited some debate as to the impact of…
Read More “Bitcoin price could surge to $280,000 in 3 years on ETF inflows” »
© Reuters. FILE PHOTO: TikTok app logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/Illustration/File Photo BEIJING (Reuters) – There is “no fairness to speak of” in citing national security to reduce the competitive advantage of other countries, a spokesperson of the Chinese foreign ministry said on Thursday, criticising a U.S. bill…
Read More “Proposed US TikTok ban ‘not fair’, China’s foreign ministry says By Reuters” »
© Reuters. FILE PHOTO: A person with a shopping bag of Zalando outlet walks along Kurfuerstendamm shopping street looking for bargains on the second weekend of advent in Berlin, Germany, December 3, 2022. REUTERS/Lisi Niesner/File Photo By Linda Pasquini and Chiara Holzhaeuser (Reuters) -Zalando will target younger buyers and encourage more brands to use its…
Read More “Zalando bets on Gen Z and logistic services as it sees return to growth By Reuters” »
