Browsing Category
Macro
242 posts
Gold Breaks Record, Dollar Falls!
The statements from the Federal Reserve (FED) and market expectations of interest rate cuts have led to a noticeable rise in gold prices. Gold has set an all-time record, soars $2100.
Is CBDC Preparation Missing? Striking Statements from the Bank for International Settlements
The Bank for International Settlements (BIS) states that most countries preparing for CBDC are not yet adequately prepared and face significant risks.
Current Situation in European Stock Markets: Investors Await Fed Minutes
Markets and investors are currently focused on the minutes of the October meeting to be released by the Fed later in the day. Meanwhile, there is a decline in the banking index in Europe.
IMF President Made Striking Statements About Central Bank Digital Currencies (CBDCs)
The Managing Director of the IMF emphasized the critical importance of central bank digital currencies (CBDCs) for the public sector, stating that they could serve as a low-cost alternative to facilitate cross-border payments and might replace physical cash in the future.
ISDA: Attention Needed on Treasury Bond Swaps Between Europe and the US
The International Swaps and Derivatives Association (ISDA) issued warnings regarding Europe's plans concerning the swaps of US Treasury bonds.
Justice Served in FTX Scandal: From FTX’s Collapse to Court Decision
A New York court found Sam Bankman-Fried (SBF) guilty of seven separate charges related to abuse and fraud. The trial concluded with SBF being held accountable for crimes such as fraud, securities and commodities fraud, money laundering, and conspiring to commit these offenses.
Unemployment Benefit Claims in the USA Exceeded Expectations
According to data released by the U.S. Department of Labor, there was an unexpected increase in unemployment benefit claims nationwide.
The Federal Reserve (FED) Announced the Interest Rate Decision on 11/1/2023
The United States Federal Reserve (Fed) kept interest rates unchanged at today's meeting. Fed Chair Powell made significant statements about the current state of the economy and future policy steps during his speech at 21:30.
China Strengthens Management Rules for Banks: Taking New Steps Against Financial Risks
The China National Financial Regulatory Authority has announced its decision to strengthen the capital regulations for banks as part of the effort to combat financial risks.
Decrease in Mortgage Applications Continues for the Third Week in the US
In the US, mortgage applications continued their declining trend for the third consecutive week ending on October 27th. The noteworthy aspect during this period was an unexpected decrease in the 30-year mortgage interest rates.