On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1733 as compared to Friday's fix of 7.1705 and 7.2355 Reuters estimates. PBOC FAQs The primary monetary policy objectives of the … [Continue reading]
China Consumer Price Index (YoY) below forecasts (-0.5%) in February: Actual (-0.7%)
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]
China Consumer Price Index (MoM) registered at -0.2%, below expectations (-0.1%) in February
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]
China Producer Price Index (YoY) registered at -2.2%, below expectations (-2.1%) in February
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]
Here’s all that transpired in the White House Crypto Summit
The OCC confirmed that banks can custody crypto following Trump's statement to end "Operation Choke Point 2.0." President Donald Trump mentioned that the US government will not sell any of its Bitcoin holdings. Trump also shared that the Treasury and … [Continue reading]
Ethereum Price Forecast: ETH falls toward the average cost basis of investors amid Pectra upgrade issues
Ethereum price today: $2,150 Ethereum MVRV declines below 1, signaling ETH's retreat to the undervalued region. Developers will decide on the timeline for the Pectra mainnet upgrade after the successful recovery of the Holesky testnet. ETH … [Continue reading]
Colombia Consumer Price Index (MoM) came in at 1.14%, above forecasts (1%) in February
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]
Colombia Consumer Price Index (YoY) came in at 5.28%, above expectations (5.13%) in February
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]
Bitcoin fails to rally as macroeconomics and correlation with stocks outweigh crypto reserve tailwinds
The crypto market wiped out over 4% of its value following the inaugural White House Crypto Summit. Bitcoin's rising correlation with stocks and macroeconomic data may have hindered a rally. David Sacks stated that Trump initially mentioned … [Continue reading]
AUD/JPY Price Analysis: Bears extend control, but downside momentum weakens
AUD/JPY moved lower ahead of the Asian session, extending its losing streak to two days and trading near the 93.00 area. Selling momentum appears to be fading, with technical indicators suggesting that bulls might attempt a rebound or initiate … [Continue reading]