Traders Increase Bets Of 75 Bps Hike From ECB
On Monday, euro zone money markets moved for pricing in a possibility of a 75 basis points increase in the interest rate by the European...
Following A Speech By Powell, Trading Price Of Bitcoin Has Fallen Below $20,000
Just as the price of Bitcoin (BTC) fell below the $20k level, analysts have actively started coming up with their predictions and targets for Bitcoin....
Powell Predicts Pain Ahead As Fed Committed To Beat Inflation
On Friday, the chief of the US Federal Reserve delivered his speech at the central banking conference in Jackson Hole, Wyoming, which saw him use...
2023 to Prove Very Promising for Cryptocurrencies in South Korea
As the cryptocurrency industry has continued moving downhill, many have started perceiving that cryptocurrencies have no future. However, the reality and the future of cryptocurrencies...
South Korea Raises Rate And Warns Of Inflation
On Thursday, the central bank of South Korea hiked its key interest rate by 25 basis points and gave inflation forecasts a significant boost. The...
China Regulator Issues Warning To Banks Over Yuan Selling
On Wednesday, the foreign exchange regulator in China phoned a number of banks to issue a warning about aggressively selling the yuan. This is yet...
PingCap and Morpheus Labs Form a Partnership for South East Asian Expansion of Web3
A new partnership has been formed between two major companies for the expansion of Web3 technology. The update suggests that the firms have formed a...
US New Home Sales Drop while Prices High
In July, there was a drop in sales of new single-family homes in the United States to a low of six and a half years,...
Euro Zone Business Activity Declines Again In August
The month of August saw euro zone business activity contract for the second straight month, as the rising cost of living drove consumers into cutting...
Shares Dip And Dollar Dips Over Rate Hike Worries
On Monday, shares declined and the dollar extended its rally, due to angst over global economic growth with most central banks continuing to hike interest...