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Asia Wrap Financial Markets are About to Enter a Critical Data Run

Asia Wrap Financial Markets are About to Enter a Critical Data Run

As Americans’ expectations for near-term inflation surge once more, we are entering a critical era for financial markets and forecasters. Expectations for longer-term interest rates and rate cuts by the Federal Reserve will be influenced by upcoming reports on the Producer Price Index (PPI) and Consumer Price Index (CPI) for

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Asia open Speculators bracing themselves

Asia Open Speculators Bracing Themselves

After observing notable market fluctuations in recent weeks, investors are taking a break amid an unrelenting barrage of cautious comments from world financial officials assembled for the World Bank and IMF Spring meetings in Washington. On Wednesday, the persistent selling pressure in bonds that had been the norm in the

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Genesis Buys $2.1 Billion in Bitcoin After The Sell-Off Of GBTC

Genesis Buys $2.1 Billion in Bitcoin After The Sell-Off Of GBTC

Following Coinbase’s announcement that the majority of the money from the GBTC sell-off would “remain within the crypto ecosystem,” a big purchase of Bitcoin was made. In an attempt to pay off its creditors, bankrupt cryptocurrency lender Genesis allegedly sold over 36 million shares of Grayscale Bitcoin Trust (GBTC) to

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