<p>It remains hard to say. The memo below shows that they met to discuss the Bitcoin ETF listing under the Nasdaq Rule 5711(d). The rule pertains more to regulatory guidelines, specifically the "surveillance and compliance measures to ensure market integrity and protection against fraudulent activities". (h/t @ CoinDesk)</p>&l
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Japan sees projection that income will move up more than prices in the next fiscal year
<p>The report says that the Japanese Cabinet office has compiled a projection that shows income will increase more than prices in the fiscal year 2024. Well, considering the amount of pressure that the government is putting on businesses to raise wages, it does not come as too much of a surprise.</p><p>This adds further credence t
BOJ unlikely to tighten policy in January, focus on preparations for banks
<p>An analyst at Daiwa in Japan is dismissing the idea of a January Bank of Japan policy pivot.</p><ul><li>Its “quite unlikely” the BOJ will move away from negative short term rates at the January meeting.</li><li>Arguing that a monetary tightening would not help the economy, tightening is "not really desira
ForexLive Asia-Pacific FX news wrap: PBOC leaves rates unchanged
<ul><li><a href="https://www.forexlive.com/news/chinas-xi-is-meeting-with-russian-prime-minister-20231220/">China's Xi is meeting with Russian Prime Minister</a></li><li><a href="https://www.forexlive.com/centralbank/european-central-bank-chief-economist-lane-is-speaking-on-his-euro-area-ou
China's Xi is meeting with Russian Prime Minister
<p>Chinese state media is reporting that Chinese President Xi Jinping will meet with Russian Prime Minister Mishustin on Wednesday morning</p><p>No further details on the agenda and such. </p><p>info via Reuters. </p><p>Xi normally meets with Putin. </p> This article was written by Eamonn Sheridan at
UK Inflation Surprises as CPI Falls to 3.9% – 20 December 2023
The November UK inflation report slowed more than expected. CPI dropped to 3.9% while Core CPI eased to 5.1%.
Forex Today: NASDAQ 100 Index Powers to New Record High – 20 December 2023
US Tech Index NASDAQ 100 Makes All-Time High; Dollar Weaker as Markets See March 2024 Rate Cut; Market Expects UK Inflation Drop
UK CPI Preview: Inflation expected to extend decline in November on lower energy prices
Following last week’s hawkish hold by the Bank of England (BoE), the high-impact Consumer Price Index (CPI) data from the United Kingdom on Wednesday will hold the key for the next directional move in the Pound Sterling.
AUD/USD extends its upside around 0.6760 on the weaker USD, lower US yields
The AUD/USD pair extends its rally during the early Asian session on Wednesday.
Fed's Goolsbee cautions the market has gotten itself euphoric on likely Fed rate cuts
<p>more to come </p> This article was written by Eamonn Sheridan at www.forexlive.com.