News list for " said in a report"
Ipek Ozkardeskaya, an analyst at Swissquote, said in a note that the euro was struggling against the dollar as eurozone government bond yields retreated from recent highs and ahead of Mr. Trump's inauguration on Monday. Mr. Trump is expected to announce a series of growth-boosting policies that could lead to inflation and potentially boost the dollar. At the same time, falling bond yields, the prospect of further interest rate cuts by the European Central Bank, and concerns about high debt level...
"Given that Ethereum is the only major cryptocurrency [other than Bitcoin] approved as the basis for a spot ETF, it could be a rotation target," Citi analysts said in a report on Monday. Other cryptocurrencies have fared even better, and their share of the overall cryptocurrency market cap is growing. Citibank added that respondents to a recent survey believe that counterfeit products will perform particularly well in 2025...
Strategists at BlackRock said in a note that a rapid rate cut by the Fed was less likely as the outlook for economic growth remained stable. "We believe the Fed has room to lower rates to 3.5 per cent or slightly higher by early 2025," they said. BlackRock said the Fed's September meeting notes also indicated a gradual rate cut. "We expect monetary policy normalisation, not monetary policy easing.
In a report on Tuesday, Bitwise said that the second-largest cryptocurrency, Ethereum, appears to be unpopular right now, but as the year draws to a close, Ethereum's underperformance could be reversed. Ethereum is little changed so far this year, while Bitcoin is up 38% and Solana is up 31%. The report says Ethereum's recent underperformance stems from risks associated with the US Presidential Election in November...
Jeffrey Roach, an analyst at LPL Financial, said in a note that the sudden volatility in currency markets "may have contributed to the Fed's decision to cut interest rates ahead of its regular meeting on September 18". Investors should be aware that a well-functioning dollar funding market is essential to underpinning the financial system and that exacerbating currency volatility is a risk. Mr. Roach advised investors to "watch the Fed's use of liquidity swaps in the near term" because an increa...
Jeffrey Roach, an analyst at LPL Financial, said in a note that the sudden volatility in currency markets "may have been a factor in the Fed's decision to cut interest rates ahead of its regular meeting on September 18". Investors should be aware that a well-functioning dollar funding market is critical to underpinning the financial system and that exacerbating currency volatility is a risk. Roach advised investors to "watch the Fed's use of liquidity swaps in the near term" as the increase in o...
