Citi Economist Discusses Potential Fed Rate Cuts Amid Labor Data
Citi's Veronica Clark outlines scenarios for inflation and labor data that could prompt the Federal Reserve to consider interest rate cuts.
Citi's Veronica Clark outlines scenarios for inflation and labor data that could prompt the Federal Reserve to consider interest rate cuts.
On September 3, Bitcoin ETFs recorded $730.8 million in net inflows, with BlackRock's IBIT representing 62% of this total, highlighting its market strength.
FinCEN reports a significant rise in crypto scams, linking $12.7 billion to operations based in Asian compounds, now expanding beyond Southeast Asia.
Tesla's introduction of the two-seater Cybercab in Texas signifies a major advancement in its autonomous vehicle strategy, impacting urban transportation.
A Ukrainian sea drone has destroyed the Russian support vessel Nefrit, crucial for CPC oil terminal repairs, raising concerns over future crude-loading
South Korea plans to implement a three-stage approach to tokenize all types of securities, enabling on-chain settlement with stablecoins by 2027.
South Korea's financial regulators announced a phased approach to transition traditional capital markets to distributed ledgers, aiming for completion by
European shares showed mixed performance as investors await the August U.S. nonfarm payrolls report, which may influence Federal Reserve policy decisions.
Asian stocks gained on Friday, tracking Wall Street's rise as worries over U.S. interest-rate hikes eased ahead of the crucial U.S. jobs report.
Nouriel Roubini attributes the rise in bond yields to positive sentiment surrounding the artificial intelligence sector, maintaining a hopeful outlook.
US bitcoin ETFs experienced a significant inflow of $731 million, the largest since January, driven by dovish comments from Fed Governor Christopher Waller.
The bitcoin-gold ratio has climbed to 18.17, its highest since January, driven by increasing fears surrounding debt, benefiting both assets.
Chicago rice futures are set for their largest annual gain since 2003, driven by supply disruptions and adverse weather, raising concerns over food inflation.
In August, Russia's oil revenue fell to $3.76 billion, a 22% drop year-over-year, as Urals crude prices averaged $59 per barrel amid ongoing disruptions.
Angel Ubide from Citadel shares insights on Federal Reserve policy and anticipates stabilization in Treasury yields during an interview in Italy.
Oil prices are on track for their biggest weekly increase since July, following an upward revision of price forecasts by ING, signaling potential market
European markets showed little movement as investors adjusted their expectations regarding potential Federal Reserve rate hikes, reflecting cautious sentiment.
New Zealand's central bank may postpone its next interest rate increase until December, as indicated by Assistant Governor Karen Silk.
Nomura Securities suggests the Bank of Japan may implement three consecutive interest rate hikes by December if yen weakness continues.
The Philippine central bank is closely watching the Iran conflict and weather issues as inflation shows only a slight decrease to 6.1% in August.