News list for " Savings"
Paul Donovan, chief economist at UBS Global Wealth Management, said the Fed's increased politicisation would lead to higher risk premiums in the US bond market for inflation uncertainty. He noted that this would push up real borrowing costs, increase US government debt service payments, mean less room for fiscal stimulus and less corporate investment, and would damage - but not destroy - the dollar's status as a reserve currency. Federal Reserve Chairperson Jerome Powell on Friday in Jay...
Whale James Wynn said in a post on the X platform that since the local bottom of the 74,000 dollar, Bitcoin has remained in the risk channel, bottoming out and becoming a support level only twice. It was predicted that there would be a breakthrough last Sunday, but the result was a fake move by market manipulators, who suppressed prices and drove down prices to liquidate all investors who were long due to FOMO. Bitcoin now has a huge psychological support level 100,000 the dollar, 9.7-9 9,000...
The world doesn't like the dollar as a reserve currency, but there aren't many alternatives.
The nearly 30 per cent rise in US inflation in January was due to housing, a stubborn sub-item that the Fed must move back down soon if it is to meet its inflation target.
JPMorgan strategists say there is a window of opportunity in Asia in the coming months, with another wave of staged gains in the Chinese market providing upside. Click to view...
On the eve of the Federal Reserve's interest rate decision, Trump's tariff threat once again aroused concerns, and gold regained the 2760 mark! It is said that Israel and Hamas have started negotiations on the second phase of the ceasefire... What major events happened around the world last night and this morning?
Wells Fargo expects the Federal Reserve to implement two 25 basis point rate cuts this year, in September and December, after forecasting three rate cuts.
Sberbank, TBank, and Tochka Bank have become participants in a pilot program for transactions using the digital ruble, after a total of 12 Financial Institution Groups participated in the pilot: Alfa-Bank, DOM. RF Bank, Ingosstrakh Bank, VTB, Gazprombank, Ak Bars Bank, MTS Bank, Promsvyazbank, Sovcombank, Sinara Bank, TKB Bank, and Agricultural Bank of China, who have signed an agreement with the Russian Central Bank and are configuring systems to participate in the project. It is reported that ...
Bitcoin savings app developer BitDCA announced the completion of a $2 million Pre-Seed round of financing. The information of the investors has not been disclosed. The new funds are intended to support the construction of its bitcoin savings app called "Littlebit".
U.S. job growth surged in November after being severely disrupted by hurricanes and strikes, but that may not signal a material shift in job market conditions. The employment situation is expected to continue to slow steadily and allow the Federal Reserve to cut interest rates again this month. The Labor Department's non-farm payrolls report released on Friday showed that the number of non-farm payrolls increased by 227,000 in November, and the data in October was revised up to 36,000. The unemp...
