💵 💴 💶Global Markets💴 💶 Asian markets rose, tracking Wall Street, while inflation data released in the US yesterday limited expectations of a Fed rate cut. The dollar slightly declined, while the yen surged to a one-month high, supported by rate hike expectations. The US Consumer Price Index (CPI) fell from 2.9% to 2.7% annually […]
💵 💴 💶Global Markets💴 💶 In global stock markets, cautious trading is observed ahead of the release of U.S. consumer price data later in the day, which could further diminish the likelihood of a rate cut. Investors are also closely monitoring whether corporate earnings reports from banks will meet high expectations. The U.S. consumer price […]
💵 💴 💶Bitcoin Rises to $94,000 Amid Trump’s Crypto-Friendly Executive Orders💴 💶 Bitcoin has surged back to $94,000 following reports that Donald Trump, on his first day in office, is preparing to sign crypto-friendly executive orders. Crypto Council Nearing Finalization: Trump and His Team Select 24 Members Trump, along with his advisors, has already established […]
💵 💴 💶New Hampshire and North Dakota Consider Adding Bitcoin to State Treasury💴 💶 Lawmakers in North Dakota have proposed a bill that integrates digital assets and precious metals into the state’s investment strategy. House Concurrent Resolution 3001 directs the State Treasurer and Investment Board to allocate a portion of major state funds, such as […]
💵 💴 💶GLOBAL MARKETS💴 💶 While U.S. stock futures declined, bond yields remained near an eight-month high. Investors are closely monitoring the non-farm payrolls data, which could impact global bond market movements. The U.S. December non-farm payrolls report will be released today at 16:30 Turkish time (TSI). Nasdaq futures dropped 0.6%, and S&P 500 futures […]
💵 💴 💶China Sets Stimulus Goals in Fiscal Policy💴 💶 China’s National Development and Reform Commission and Ministry of Finance announced a plan aimed at supporting equipment upgrades and household consumption. To counteract stagnation in investment growth, the government will increase special bond issuances for equipment renewal projects. These supports will be provided in the […]
💵 💴 💶Gold Prices Decline as Treasury Yields Rise💴 💶 Gold prices have declined due to rising yields in Treasury bonds and statements from Federal Reserve officials suggesting that interest rate cuts in 2025 could occur at a slower pace. Investors are anticipating this week’s economic data, which is expected to shed light on the […]
💵 💴 💶GLOBAL MARKETS💴 💶 Mixed trading activity was observed in Asian markets, as data to be released this week is expected to indicate that the US economy is performing better than other economies, supporting the continued rise of the dollar. Following media reports suggesting that Canadian Prime Minister Justin Trudeau will resign from office […]
💵 💴 💶China’s Crypto Warning to Banks: Now They Must Report💴 💶 In China, where cryptocurrencies have been banned since 2021, the State Administration of Foreign Exchange (SAFE), the government body responsible for overseeing foreign exchange transactions, issued a new set of warnings to banks. SAFE has mandated that banks must report transactions or transfers […]
💵 💴 💶Syria Proposes Legalizing Bitcoin to Rebuild War-Weary Economy💴 💶 A plan prepared by the Syrian Center for Economic Research (SCER) outlines how the adoption of cryptocurrency could aid the country’s reconstruction after the fall of the Assad regime. The proposal envisions Bitcoin as a key tool for Syria’s financial revival. The interim Syrian […]
