<p> <br /> <br /><img decoding="async" src="https://www.coindesk.com/resizer/WNh0TiEf4lplf_OpMozHHNdralQ=/800×600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/LENOPPXKHZCH5MZVU3B3VHASE4.jpg" /></p> <div> <p>BlackRock’s iShares Bitcoin Trust (IBIT) was one of the several su
Blogs
Next Week’s Menu: January 13 – 19, 2024
Central Banks: Monetary policy stances will be reviewed in Indonesia and Kazakhstan. The Fed Beige Book of U.S. regional economic trends and minutes from the last European Central Bank governing council meeting are to be published. Special Events: Voters in Taiwan choose a president in elections tomorrow. Iowa Republican presidential candidate cauc
Peruvian Central Bank Rate Cut
The Central Reserve Bank of Peru implemented a fifth straight 25-basis point cut in its interest rate benchmark which now stands at 6.5%, but the released statement explaining the action once again warned that “this decision does not necessarily imply a sequence of interest rate reductions.” CPI inflation in Peru has decelerated from a
Mideast Tensions Flare and Long-Term Interest Rate Spreads Widen
As warned previously, U.S. and British retaliatory air strikes on Houthis targets in Yemen were carried out to avenge previous Houthis attacks on commercial ships in the Red Sea. The price of WTI oil leaped 3.6% overnight on fears of a widening war in the Middle East. While the 10-year U.S. treasury yield climbed three […]
Unexpected CPI Data, BTC Not Interested in Sitting Up Long!
<p> "Yesterday's CPI data was a bit boring, BTC price doesn't seem to have a very noticeable reaction right?"</p><p><br /></p><p>The price of cryptocurrency king Bitcoin (BTC) saw a climb up to $48,937 as the United States (US) Consumer Price Index (CPI) data release last night showed
Traders Disappointed EUR/USD Reaction After US CPI Report
<p> There must have been mixed emotions among investors in the New York session yesterday when everyone was focused on the United States (US) inflation data that had been awaited since the beginning of the week.</p><p><br /></p><p>The consumer price index (CPI) has soared higher than forecast to a level
America & Britain launched a war on the Houthis, Israel was dragged to the International Court!
<p> Recently, the turmoil in the Middle East continues to be a hot highlight of the international media over the past few months. Israel's attack on Gaza, which has killed more than 23,000 Palestinians in its mission to eliminate Hamas, drew the attention of several major world powers to intervene.</p><p><br />
Damn! Spot BTC ETF Passes, But Vanguard Is Afraid To Act!
<p> "Wow, I didn't think Vanguard, a giant firm, also knew the nature of fear."</p><p><br /></p><p>Vanguard, a leading investment management firm, is taking a cautious approach to the cryptocurrency market, which is excited about its spot Bitcoin (BTC) ETF when its clients found themselves
Ringgit Potentially Stronger, CPI Data Almost Melts Investors' Hopes!
<p> The ringgit bounced higher this morning against the US dollar after the Consumer Price Index (CPI) report rose higher than expected and made investors uneasy.</p><p><br /></p><p>At exactly 9 this morning, the ringgit was at 4.6405 against the US dollar from yesterday's value of 4.6425.</p>
GBP/USD 'Tests' Another $1.2700 As Focus On US CPI Data
<p> There were price fluctuations that confused investors on the chart of the GBP/USD currency pair in the New York session yesterday when the inflation data of the United States (US) came into focus.</p><p><br /></p><p>The latest US inflation rate for December recorded a higher increase than forecast an