Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
The European Central Bank is looking at three ways to bring central bank money onchain, Executive Board member Isabel Schnabel said on Thursday at the Bank of England’s Future of Money conference in London.One option would have the central bank issue reserves directly on a programmable platform. In …
US policymakers could lift cryptocurrency prices by printing more money to support AI and finance government debt, according to Arthur Hayes, chief investment officer at Maelstrom fund.AI companies need trillions of dollars to finance data centers even as the prices of their services fall, Hayes sai…
0711 GMT - Bitcoin stays elevated after reaching a one-week high earlier as U.S. interest-rate rise expectations ease, boosting risky assets. Federal Reserve governor Philip Jefferson said the Fed might need more time to assess the direction of the economy before making any additional policy adjustm…
1424 ET - Doubling Canada's electricity supply and introducing more clean energy could offer significant benefits for the economy, new economic modeling suggests. A report from New Economy Canada and the Canadian Chamber of Commerce compares an electrified-economy with a business-as-usual future bas…
El Salvador is backing a government app that lets citizens send and hold digital dollars. The app runs on stablecoins, not Bitcoin .Five years ago, President Nayib Bukele made El Salvador the first country to accept Bitcoin as legal tender. It seems the country is now looking to shift towards a more…
1053 ET - Higher Treasury yields tighten financial conditions while raising discount rates used to value financial assets, Nuveen's Saira Malik says in a note. She adds that highly-valued stocks could sell off "if investors decide they'd rather take advantage of the currently elevated risk-free [Tre…
1502 ET - PG&E is dealing with a growing risk from inaction on wildfire liability reform, UBS analysts say, downgrading the stock to neutral from buy. While the analysts expect work on wildfire legislation to continue, there hasn't been action. California Governor Gavin Newsom has spoken about a pot…
1509 ET - Live cattle futures on the CME settled up 1.2% to $2.22175 a pound, resuming an upward trend seen in cattle futures in the past month. Cattle has been gradually pushing higher after finding a low around $2.10 a pound in early September. That comes even though the U.S.-Mexico border has bee…
1027 ET - Bank of Canada-Federal Reserve divergence is set to widen into 2027, TD Securities argues. It says near-term BoC pricing looks increasingly misaligned with the domestic backdrop in Canada, with limited evidence that high oil prices are broadening into core inflation. Yet markets continue t…
1546 ET - Treasury yields' decline despite the Fed hike, as the central bank seems to convince Wall Street it is serious about bringing inflation down to target. Oil prices also help, slipping 1%. The yields decline, however, is curbed by increasing discomfort with rising government debt, while the …
U.S. stocks experienced pressure Tuesday as a spike in bond yields and rising crude oil prices weighed on market sentiment ahead of the Federal Reserve’s interest rate decision. The 10-year U.S. Treasury yield surged past 5.0%—reaching its highest level since 2007. Pushed higher by heavy issuance an…
0902 ET - A rate hike by the Federal Reserve on Wednesday would reinforce the shift toward a more hawkish stance adopted by Chairman Kevin Warsh since the Jackson Hole symposium, bolstering his credibility in the fight against inflation and his independence from the administration, ClearBridge Inves…