Bitcoin Dropped after the SEC Sued Binance, as US Regulatory Tightening Continues
The Securities and Exchange Commission (SEC) on Monday filed thirteen charges against crypto firm Binance, as the regulatory environment continues to tighten in the US
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The Securities and Exchange Commission (SEC) on Monday filed thirteen charges against crypto firm Binance, as the regulatory environment continues to tighten in the US
Australia’s central bank hiked interest rates again to the highest level in more than ten years, against baseline expectations for a hold, as inflation remains high despite its moderation
EV makers are facing an adverse economic environment, but the market is set for continuing growth. As the next earnings season approaches, EV leader Tesla is well positioned to maintain its reign, but faces increasing competition from companies such as Ford, BYD and more
The US Senate approved the debt limit bill, while Fed rate hike bets ebb, in unfavorable combination for the USDollar ahead of today’s critical jobs report
Watch today’s US Open for insights on the recent comments by Fed & ECB policymakers, the latest on the US debt ceiling and more
The index finds supprort after dovish comments from Fed officials and successful passage of the debt ceiling agreement by the House, with focus now shifting to the Senate vote and the critical Jobs Report
Markets had come to expect another rate hike in June after the hot PCE inflation figures, but two Fed voters advocated in favor of a skip on Wednesday, causing another repricing ahead of Friday’s key jobs report
USOil drops after its two-week rebound, as China’s factory activity contracted again, amidst signs of rifts between Russia and Saudi Arabia ahead of Monday’s OPEC+ meeting
Watch today’s US Open for insights on the latest around the US debt ceiling, the hot PCE inflation data that added to the hawkish repricing around the Fed’s rate path and more
XAU/USD started May with new record highs, but was forced into a correction due to the change in expectations around the Fed rate path, which boosted the US Dollar
The pair finds support at the start of the week, despite Friday’s hot US PCE inflation, hawkish Fed repricing and debt ceiling agreement that still need Congress approval
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