Share: Silo Finance which is deployed on both Ethereum and Arbitrum, has attained a TVL of $143 million. In comparison, MakerDAO, Curve Finance and Convex Finance noted a decline of 16% to 23% in the past month. In the same duration, the native … [Continue reading]
ECB preview: could markets and/or politics disrupt the ECB’s soft landing? – SocGen
Share: Anatoli Annenkov of Société Générale notes that threats to the Eurozone's "soft landing" economic outlook loom over the horizon, as well as upside risks to inflation. On Our Minds: Euro Area Having mainly used the short-term policy … [Continue reading]
Pound Sterling retreats as UK economy exposes to slowdown
Share: Pound Sterling faces an intense sell-off due to risk-off impulse and weak manufacturing activity data. Persistent US inflation dampens the market mood. The BoE is expected to keep interest rates unchanged for the second time in a row. The … [Continue reading]
European Monetary Union Industrial Production s.a. (MoM) came in at 0.6%, above forecasts (0.1%) in August
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
WTI struggles for a firm intraday direction, consolidates in a range around mid-$82.00s
Share: WTI draws support from concerns about tightening global supply, though the upside remains capped. Investors seem worried that rising interest rates will hamper economic activity and dent fuel demand. Receding fears over potential supply … [Continue reading]
Singapore Gross Domestic Product (QoQ) came in at 1%, above expectations (0.5%) in 3Q
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Argentina Consumer Price Index (MoM) climbed from previous 12.3% to 12.7% in September
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
United States EIA Natural Gas Storage Change registered at 84B, below expectations (88B) in October 6
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
WTI Price Analysis: Finds bids below $82 as Saudi to continue with voluntary oil cuts
Share: The oil price discovers buying interest as Saudi Arabia will continue with voluntary cuts despite deepening Middle East tensions. Risks of a tight oil market persist as an intervention from Iran in the conflict would be followed by sanctions … [Continue reading]
EUR/USD Price Analysis: Eyes descending trend-channel breakout ahead of US CPI
Share: EUR/USD steadily climbs back to over a two-week high touched on Wednesday amid a softer USD. Expectations that the Fed is nearing the end of its rate-hiking cycle continue to undermine the buck. Bulls now seem reluctant and keenly await the … [Continue reading]