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26/09/2023

Third, Mt. Gox's payback, where they intended to compensate 850,000 BTC or $23 billion to consumers affected by the hack, was postponed by a year, thus reducing the selling pressure earlier anticipated.

25/09/2023

On-chain analytics firm IntoTheBlock, in a recent , explains Bitcoin's recent outperformance relative to the equities market. The fact that Bitcoin and the major cryptocurrencies have managed to stay above their crucial support levels remains an encouraging sign

This decision may have triggered the sell-off in the equities markets: the S&P 500 is down more than 2% and the Nasdaq i...
24/09/2023

This decision may have triggered the sell-off in the equities markets: the S&P 500 is down more than 2% and the Nasdaq is down about 3% this week.

The Federal Reserve did not raise at its meeting on Wednesday, but it did imply that rates could remain higher for a lon...
24/09/2023

The Federal Reserve did not raise at its meeting on Wednesday, but it did imply that rates could remain higher for a longer period.

China's Ministry of Finance will be Treasury's counterpart for the Economic Working Group, while the People's Bank of Ch...
23/09/2023

China's Ministry of Finance will be Treasury's counterpart for the Economic Working Group, while the People's Bank of China will be its counterpart for the Financial Working Group.

The U.S. Treasury Department on Friday said it was formally launching two new U.S.-China working groups on economic and ...
23/09/2023

The U.S. Treasury Department on Friday said it was formally launching two new U.S.-China working groups on economic and financial issues aimed at providing a regular policy communications forum between the world's two largest economies.

The bank said it will maintain its current pace of yield curve control (YCC) by allowing bond yields to fluctuate in a r...
22/09/2023

The bank said it will maintain its current pace of yield curve control (YCC) by allowing bond yields to fluctuate in a range of 0.5% to negative 0.5%. But the bank was also seen allowing more leeway to yields in recent months, letting them rise as far as 1%

The Bank of Japan held interest rates at negative levels as widely expected on Friday, and said that it will continue wi...
22/09/2023

The Bank of Japan held interest rates at negative levels as widely expected on Friday, and said that it will continue with its current pace of asset purchases and yield curve control to stimulate the economy.

Matthew R. Boss, an analyst at JPMorgan, noted that Dollar General's core customer base is already showing signs of rece...
21/09/2023

Matthew R. Boss, an analyst at JPMorgan, noted that Dollar General's core customer base is already showing signs of recessionary behavior due to diminishing pandemic-related savings and rising inflation. This assessment was made following a recent fireside chat with Dollar General's CFO, Kelly Dilts, hosted by JPMorgan.

JPMorgan has downgraded Dollar General (NYSE:DG) stock from Neutral to Underweight, citing increasing financial pressure...
21/09/2023

JPMorgan has downgraded Dollar General (NYSE:DG) stock from Neutral to Underweight, citing increasing financial pressures on the company's core low-to-middle-income consumers. The downgrade, announced Wednesday, was accompanied by a price target reduction to $116 from $132

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