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US-Philippines engagements help with ‘agile’ responses to China, says Marcos By Reuters
By Simon Lewis and Karen Lima MANILA (Reuters) – Philippine President Ferdinand Marcos Jr. told U.S. Secretaries of State Antony Blinken and Lloyd Austin on Tuesday that regular communication between Manila and Washington is needed to ensure “agile” responses to maritime tensions between his country and China. The Philippines, a…
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5 reasons the Bank of Japan should be wary of hiking rates this week
Via Scotia, Preview Comments on What to Expect from the Bank of Japan. Of the 46 consensus forecasters, only 9 expect a rate hike. Markets are pricing in a 10 basis point rate hike, which has been around 70% with pricing around 7 basis points. The argument for raising interest…
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XRP Price Moves Against The Market, Where Is It Headed Next?
Ripple currency It has shown strong bullish signals recently, leading analysts to predict a possible prices dropGiven its recent price movements, market experts are now predicting which direction the XRP price might head in this bullish trend. XRP is poised for a massive surge JackTheRippler, a cryptocurrency analyst and longtime…
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XRP Price Moves Against The Market, Where Is It Headed Next?
Ripple currency It has shown strong bullish signals recently, leading analysts to predict a possible prices dropGiven its recent price movements, market experts are now predicting which direction the XRP price might head in this bullish trend. XRP is poised for a massive surge JackTheRippler, a cryptocurrency analyst and longtime…
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Judge won’t require monitor for NRA, bans ex-chief LaPierre for 10 years By Reuters
By Jonathan Stempel NEW YORK (Reuters) – A New York state judge ruled against imposing an outside monitor on the National Rifle Association, handing the gun rights group a victory while barring its former president, Wayne LaPierre, from serving as an officer or director of the group for 10 years.…
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Bitcoin Analyst Predicts Super Cycle With A Target Of $220,000, But This Must Happen First
Following the much-anticipated Bitcoin 2024 conference in Nashville, Tennessee over the weekend, a noticeable surge in positive market sentiment pushed the price of Bitcoin to a one-month high of $70,000 on Monday. Analysts are now looking at the possibility of an extended supercycle, with market expert Dr. Profit suggesting that…
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Bitcoin Analyst Predicts Super Cycle With A Target Of $220,000, But This Must Happen First
Following the much-anticipated Bitcoin 2024 conference in Nashville, Tennessee over the weekend, a noticeable surge in positive market sentiment pushed the price of Bitcoin to a one-month high of $70,000 on Monday. Analysts are now looking at the possibility of an extended supercycle, with market expert Dr. Profit suggesting that…
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PBOC is expected to set the USD/CNY reference rate at 7.2586 – Reuters estimate
The People’s Bank of China is scheduled to set the exchange rate of the US dollar against the Chinese yuan at around 0115 GMT. The People’s Bank of China, the central bank of China, is responsible for setting the daily midpoint of the yuan (also known as the renminbi or…
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$2.2 Billion Flows into Ethereum ETFs in the Past Week, Coinshares Reveals
Ethereum exchange-traded funds (ETFs), which debuted in the United States last week, have created a buzz in the cryptocurrency market with large inflows into the products. According to a recent study a report According to CoinShares, the emergence of these spot ETFs has attracted $2.2 billion, marking a pivotal moment…
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Kenya currency trading: Forex trading signals and how to use them
Forex trading has gained significant popularity in Kenya over the past few years, providing a promising avenue for those looking to diversify their investment portfolios. One of the key aspects that can help traders, especially beginners, navigate the complex world of Forex trading is the use of Forex trading signals.…
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Trump talks up weaker dollar, but policies will likely lead to dollar strength By Investing.com
Investing.com – Donald Trump has made bold claims about favoring a weaker dollar, but the former president’s core policies on tariffs, immigration and taxes are expected to do the exact opposite. “Former US President Donald Trump expressed his desire to weaken the US dollar, but his underlying policies (on immigration,…
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Trump Embraces the “Bitcoin-Dollar”, Stablecoins to Entrench US Financial Hegemony
This past Saturday, former president Donald Trump addressed the Bitcoin 2024 conference in Nashville, Tennessee, expounding upon the crypto and bitcoin policies likely to be implemented as part of a likely future Trump administration. Speaking in front of a banner emblazoned with the logo of Xapo bank, an institution which…
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Reeves scraps winter fuel payments for 10M pensioners to fund public sector pay rise
Rachel Reeves will scrap winter fuel payments for 10 million pensioners to help fund huge public sector pay rises. The Chancellor has announced plans to save £5.5bn this year, addressing a £22bn deficit in the public finances left by the previous government. Most of the savings will be used to…
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TA of the Day: Bitcoin Hits $70,000 But Reverses Sharply. A Minor Blip or a Major Trend Shift?
Bitcoin price rose above $70,000 for the first time since early June, but was met with a wave of selling, causing it to fall by more than 3%. It is not yet clear what caused the price move, but it may be related to the US government’s transfer of more…