News list for " reports that"
According to Bloomberg, India has reached agreements with neighboring Sri Lanka, Bhutan, and Nepal, and plans to include the United Arab Emirates in its cross-border settlement program. India is also exploring the use of a central bank digital currency (CBDC) as the primary settlement mechanism for its cross-border transfer solution.
Citi analysts said in a report that while recent labor market data may have caused some market participants to reconsider their expectations for a rate cut, it is unlikely that the Fed will skip a rate cut during its November meeting. While non-farm payrolls rose sharply by 254,000 on Friday, beating economists' expectations of 140,000, analysts noted that we doubt Friday's strong payrolls report will last. Citi noted: The previous string of weakness...
According to the China Securities Journal, the company's Zhuorui Securities has been approved in principle by the Hong Kong Securities Supervision Commission to upgrade its first-class license conditions, allowing Zhuorui Securities to accept professional investors to trade virtual assets on its platform. Zhuo Rui Financial Group said that the license upgrade means that Zhuo Rui Securities will be able to provide virtual asset trading services to professional investors in Hong Kong, and qualifie...
The latest report from Bitfinex Alpha says that Bitcoin is on a roll. Despite a brief pullback in the middle of the week and some strong resistance, it still broke through the $70,000 mark on Bitfinex today (July 29). Bitcoin has rebounded by more than 30% since its low on July 5, which had previously been predicted to be a partial bottom. This upward momentum coincides with the Bitcoin Nashville conference in 2024. Implied volatility in the Bitcoin options market also surged initially, but as t...
