Financial News
- James Hyerczyk
Despite a 7-point fall in NY’s business conditions to -4.6, the labor market slightly improved and firms maintained a 6-month optimistic outlook.
- Bob Mason
Key economic indicators will influence sentiment toward central bank policy goals this week. However, the Middle East conflict needs monitoring.
- Ibrahim AjibadeWeekly Crypto Market Overview: XRP Traders Win Big, Binance Begins a Countdown, BTC Miners Move $60M
Key Insights: Bitcoin price made a decent recovery following the US CPI data released on Thursday, but it appears the BTC Miners are not yet convinced. XRP Inverse traders dominated the Futures markets this week, forcing LONG position holders into successive liquidations worth millions. Binance CEO Changpeng Zhao announced the
- Bob Mason
The broader crypto market is under water this week. Beyond the headlines, Binance faced scrutiny from UK regulators.
- James Hyerczyk
Consumer sentiment fell 7% in October and year-ahead business outlook dipped 19%, suggesting more short-term declines despite long-term stability.
- Ibrahim Ajibade
Caroline Ellison took the stand on the third day in the criminal trial involving FTX founder and CEO Sam Bankman-Fried. Here are the latest details
- Ibrahim Ajibade
Historical data-driven analysis on how Bitcoin prices could react to the latest Consumer Price Index (CPI) data released by the US Bureau of Labor Statistics.
- Bob Mason
China trade and inflation figures drew investor interest this morning. Improving trade terms countered a continued fall in producer prices.
- Ibrahim Ajibade
Court documents reveal Sam Bankman-Fried believed that Binance was responsible for leaking Alameda Research’s balance sheet leading to FTX’s collapse
- James Hyerczyk
September’s 0.4% consumer price surge sparks inflation concerns, contrasting with stable core CPI, potentially leading to more Fed policy talks.
- Bob Mason
The UK economy returned to growth in August. However, a slump in production and weak customer-facing-services output are concerns.
- James Hyerczyk
Fed’s rate hike dilemma intensifies as policymakers are sharply divided on future increases, complicating inflation tightrope walk.
- James Hyerczyk
U.S. producer prices rose 0.5% in September, beating forecasts on energy costs, while core PPI gained 0.2%, easing inflation concerns.
- Thomas Gillet
The escalation of the Israeli-Palestinian conflict increases credit risks for Israel in the first instance but there are potentially deeper implications if the conflict spills over to the wider Middle East.
- Brian Marly
An extended period of higher euro area interest rates is testing governments’ debt management as financing costs rise, adding urgency to the need for fiscal reforms to create space for spending priorities.
- James Hyerczyk
The FPC highlights rising rates and geopolitical tensions as key factors escalating market vulnerability.
- James Hyerczyk
Latest Sentix Index shows deep recessionary trends in Eurozone and Germany; minor uptick in investor expectations signals no quick recovery.
- Alessandra Poli
Italy’s fiscal consolidation and compliance with forthcoming EU rules is critical to ensure eligibility of Italian securities under the ECB’s TPI, which is a key driver of its BBB+/Stable Outlook rating.
- Vladimir Zernov
The yield of 30-year Treasuries moved above 5.00%, the highest level since August 2007.
- James Hyerczyk
September’s U.S. job surge of 336,000 defies estimates, showcasing labor market resilience amid rising rates but signaling investor caution in stocks.